Income

Income can refer to cash flow derived from a variety of sources, including personal earnings, investment earnings, businesses or even real estate. These forms of income are generally referred to as earned income. There are also sources of unearned income, particularly when discussing investments. Dividends, capital gains and interest are common examples of unearned income.

Longevity Risk is a Fundamental Factor in Retirement Planning

It is a fact that people are living longer with each passing year. Longevity risk or the risk of outliving one's assets must be a fundamental consideration with any financial plan. Annuities can provide an effective hedge against longevity risk, and a longevity annuity can be especially useful in providing guaranteed lifetime income. Some facts and figures from the Prudential Insurance Company : Today, once an individual has reached age 65, he can expect to live, on average, 19 years or more...

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Advanced Life Deferred Annuity

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Advanced Life Deferred Annuity

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A Roth IRA Conversion Might Make Sense with Tax Increases on the Horizon

Both traditional individual retirement accounts (IRAs) and Roth IRAs are tax advantaged accounts.

With a traditional IRA, contributions to the account are tax deductible. Appropriate distributions from the account are taxed in the future at income tax rates that apply to the account owner's future level of income.

Contributions to a...

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Warren Buffett Comments on Social Security as a Form of a Nationalized Annuity

Warren Buffett had some comments on the life insurance and...

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Consider a Longevity Annuity to Avoid Worrying About Outliving Your Income in Retirement

A very good, balanced article about the longevity annuity --well worth the read. Consider that the annuity payout for a $50,000 longevity annuity purchased from MetLife by a 60 year old male is $56,106 per year. The payouts begin at age 85 and last for the lifetime of the contract holder . Tax considerations, estate planning and financial planning are discussed in the context of longevity annuities. Source: U.S. News and World Report Full Story

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Advanced Life Deferred Annuity

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Advanced Life Deferred Annuity

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Retirement

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MetLife

Financial Crisis Will be Seen Fundamentally as a Crisis for Retirees and Near Retirees

Professor James Galbraith provided a keynote address at a recent industry conference sponsored by NAVA—the Association for Insured Retirement Solutions.

Professor Galbraith comes from the Economics department at the LBJ School of Public Affairs at the University of Texas at Austin. A Keynesian and an author most recently of The Predator State, Professor Galbraith has been a consistently strong and vocal advocate of government stimulus and intervention in response to the financial crisis.

Professor Galbraith’s basic message is that...

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Sequence of Returns Risk