Lifetime Annuities – What You Need to Know

With a lifetime annuity, you receive payments from an insurance company for the rest of your life. These programs are increasingly popular for retirement planning, and there are even proposals before Congress that would require employers to provide lifetime annuities to retiring workers. Let’s review how they work along with the pros and cons. The […]

Market Risk – What it is and What You Can Do

Market risk is the risk that you will lose money the markets.  In most cases, people are referring to the stock markets, but it’s certainly possible to lose money in other markets as well.  Market risk is a reality anytime you’re dealing with a security that has a price that can move up or down […]

Longevity Risk – What it is, and how to Manage It

Longevity risk is one of the risks you face when saving for retirement. Simply put, it is the risk that your retirement savings will not last for your entire lifetime. A few other ways to refer to longevity risk include: You’ll outlive your savings You’ll run out of money before you run out of life […]