Call it the new kid on the block. Fixed index annuities (FIA) are a more recent offering in the world of annuities and we think they’re worthy of your attention. Now, before you run off, we know annuities have become something of a dirty word. And frankly, they’ve earned the reputation. Historically, some haven’t been […]
We recently heard a large, national firm use the slogan, “We do better when you do better,” and we couldn’t help but scratch our heads. On the surface it may seem agreeable; after all, if they’ve helped you build wealth, why not reward them, too? But when you think about what that means, it becomes […]
We’ve written extensively about the risk of long-term care, but most people don’t want to consider the possibility that they’ll need it. Unfortunately, statistics tell us there’s a 70% chance that you will need long-term care if you’re 65 or older. If that’s surprising to you, it’s because the prevailing strategy for preparing for the […]
No one likes extra fees, especially when they are hard to understand or being intentionally hidden. You know the ones: the stealthy “service fee,” the suspicious sounding “surcharge,” or the “handling fee,” which is always a head scratcher. There are two fees we think all retirees should know about: investment fees and advisor fees. Granted, […]
You probably don’t often think about how much your portfolio could go up or down at any moment—that is, until the market moves so much that it’s front-page news. Upward movement is thrilling, but downward movement is… well, we don’t have to tell you how that feels. The years 2000 and 2008 probably bring back […]
