Blog2017-06-20T12:40:53-07:00

Want to Convert Your Life Insurance to an Annuity? What You Need to Know.

If you want to convert your life insurance policy to an annuity—or are thinking about it—there are some key things to take into consideration. Imagine this scenario: Tom will retire in a few years. Decades ago, he opened a life insurance policy to provide security for his young family. His [...]

March 22nd, 2019|Finance & Planning|

What’s the Full Retirement Age? Get the Facts. Know the Rules.

For decades, full retirement age was 65 years old. But receiving social security benefits has changed, including a higher retirement age and early-retirement options. Last month, we looked at working after retirement—what it means to collect benefits early, as well as the advantage of waiting a little longer. This month [...]

March 22nd, 2019|Uncategorized|

How Does a Fixed Annuity Work and What Are the Benefits?

Like general annuities, a fixed annuity provides guaranteed income for people heading into retirement. The annuity is also a contract—with variables. And that can make choosing the right one challenging. Take Jackson, for example. He’s in his early fifties. His mother passed away several months ago, leaving him an inheritance. [...]

February 25th, 2019|Finance & Planning|

What You Need to Know about Working after Retirement

These days, many seniors are working after retirement. They continue to work and collect social security benefits, often as a means of earning extra income or staying active and engaged in a working community. While continuing to work has benefits, there are earning limitations that may affect your social security [...]

February 25th, 2019|Finance & Planning|

Income Annuities: A Good Retirement Income Choice?

Income annuities can get complicated. There are different types of annuities with many variables. Additionally, getting one started often requires handing over a large sum of money. If you are close to retirement (or in it), an annuity may be a good fit for reinvesting money tucked away in savings [...]

January 24th, 2019|Finance & Planning|