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Income Annuity Mimics Missing Pensions

Stephen Lomsdalen of Marketwatch suggests that annuities are the newest sexy pension in his article “Life-only annuity: A sexy pension alternative?”  In the 1990’s, instead of using their 401k and Thrift Savings Plan retirement money as a pension from their company, most people rolled their …

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Financial Advisors: Pay Attention to Generations X & Y

The terms “Generation X” and “Generation Y” are marketing terms without concrete dates, but they typically refer to people born between 1965 and 1999.  Baby Boomers get a lot of attention from financial companies and advisors, but these Gen X and Gen Y Americans should …

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Simple Rules to Follow to Be Rich in Retirement

Once you get rich, you can use some of your money to guarantee a lifetime stream of income from an annuity product.  That way, you’ll never have to worry about running out of that money you worked so hard to earn.  “How to Get Rich …

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Employees Seek Retirement Plan Help, Especially Generation DC

Asset manager State Street Global Advisors (SSgA) recently asked people participating in a company retirement plan about what they liked and what they’d like to see more of.  Their study results are detailed in the Business Wire press release “401(k) Investors Want Automatic Savings Increases …

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