Retirement Planning

Living at a level of comfort you’re used to when you retire requires taking steps to ensure that you have enough money. Retirement planning involves examining your goals for retirement, and then figuring how much you need to meet those objectives. You need to figure-out when to start investing and saving, how much you need to save, and what you may expect to receive from other sources such as Social Security. Retirement objectives, costs and resources are issues you need to take stock of before you quit working. Otherwise, you may find that you can’t afford to stop working.

HSBC Retirement Report Discusses "Perfect Storm"

HSBC released its fifth annual "Future of Retirement" study. The study is the largest of its kind, covering over 15,000 people in 15 countries. The report suggests a perfect storm of demographic, individual and financial factors that have the potential to derail the retirement plans of millions of people around the world: Stephen Green, Group chairman of HSBC, said: "A perfect storm is confronting pensions planning, created by an ageing population, falling pension funds values, a drop in state...

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Zvi Bodie on the Safety of Stocks in the Long Run

The notion that stocks are risky in the short-run but safe in the long run is a dangerous financial fallacy according to Boston University professor Zvi Bodie.

Professor Bodie has been communicating this view consistently for many years, and the financial crisis has provided strong support for his argument.

The gist of Bodie's view involves that impact that equity market...

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Sequence of Returns Risk

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Top Financial Planner Comments on Immediate Annuities, Longevity Insurance and Long Term Care

One of the nation's top financial planners is bearish on the recent upsurge in immediate annuity sales. An advocate of maintaining options and flexibility with retirement planning, this financial advisor sees immediate annuities as too restrictive for many financial plans. In contrast to the views on immediate annuities, longevity insurance or longevity annuities are discussed in light of the income and asset allocation options they create for retirees: "Of all the products that are out there,...

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Advanced Life Deferred Annuity

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Advanced Life Deferred Annuity

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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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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....

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