Earlier this week, the Insured Retirement Institute (IRI) held it’s annual conference, VISION, giving industry members an opportunity to learn about emerging trends, network with peers, celebrate the organization’s 25th anniversary and connect with experts on a variety of topics that encompass the retirement industry. …
In 2008, the stock market tanked in dramatic fashion, with the Dow declining by more than 50%. This was the biggest drop since the Great Depression of 1929. For those approaching retirement, it was a terrifying time as many lost thousands (some even losing hundreds …
You may have heard about Ken Fisher, the wealthy chairman and CEO of Fisher Investments, and man who constantly rails against annuities in ubiquitous advertisements. His firm — which runs an annuity conversion program — has compared annuity sales approaches to Ponzi schemes and charges …
A recent study has discovered that retirees who opt to take a lump sum instead of a guaranteed monthly annuity from their defined benefit or contribution plan could be making a big mistake. According to a recent BenefitsPRO.com article, the MetLife Paycheck or Pot of …
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