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.

At what age is an annuity the most useful for an individual?

In a very general sense, annuities are most often used by individuals who are approaching retirement or in retirement.  Annuities can be very useful for people who need to create secure income in retirement and for

Key Phrases: 

Longevity Risk Listed as Top Retirement Risk - "Biggest and Most Difficult to Figure Out"

A list of ten risks faced by retirees includes the obvious such as stock market risk , but also includes issues that may not be top-of-mind for many retirees such as inflation risk and interest rate risk . Longevity risk is at the top of the list. Immediate annuities and the longevity annuity are mentioned as a potential solutions to the risk of outliving one's assets: "Given that, what's the best way to manage that risk? Social Security , traditional pensions and payout annuities all promise...

GM Workers and Retirees Face $16 Billion in Pension Losses While Wall Street Bonuses Exceed $18 Billion

Bloomberg reports that GM workers and retirees face the prospect of more than $16 billion in...

Key Phrases Autotag: 
Key Phrases:
Key Phrases Autotag: 

Longevity Insurance Creates Spending and Investment Flexibility for Retirees

One in three baby boomers is expected to live into their nineties. Longevity risk or the possibility of outliving one's assets is something that should be considered by all near and current retirees. Longevity insurance or a longevity annuity is one of the most efficient ways to hedge longevity risk. Relatively large amounts of guaranteed income later in life can provide peace-of-mind and financial flexibility earlier in retirement. "Because the insurance company has held your money for a long...

Pages