One of the biggest fears in retirement is running out of money. Many people strive to save for most of their working lives, but turning that savings into actual income is a different story. Here’s a look at some of the most common retirement income …
Concern over outliving retirement savings is very legitimate as life expectancies continue to lengthen. One method of providing peace of mind over this worry is through annuity-laddering. Annuity products can help provide a lifelong cash flow, but because they often can be illiquid and relatively …
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 …
Traditionally, pensions have provided individuals with the peace of mind of a steady income stream in retirement. And while some employees still have a pension to lean on, many private-sector workers can no longer rely on one. According to a recent article from Forbes, …
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