Imagine this: You check your retirement account and see a drop in value. Your stomach tightens. Thoughts race through your mind: Should I sell now before it gets worse? Is my retirement in danger? If you’ve ever felt this way, you may be carrying more risk in your financial plan than you’re comfortable with. On […]
How to Tell if You’re Taking on Too Much Risk (Or Too Little!) Read More »
Picture this: Jim and Linda, both 67, just retired after decades of hard work. They planned carefully, saved consistently, and looked forward to enjoying their golden years. But then came a market downturn. Suddenly, their portfolio dropped 20% in a matter of weeks. The income they planned to draw from their investments now seems shaky.*
Annuities have long been a cornerstone for those seeking a steady income stream in retirement. However, the financial landscape is ever-evolving, and what worked a few years ago might not be the best fit today. With rising interest rates, inflation concerns, and innovative annuity products entering the market, now might be a great time to
Is It Time to Refresh Your Annuity? Here’s Why You Might Consider It Read More »
Whether you’re checking your account balances, planning your next adventure, or enjoying a well-earned retirement, markets move… and with it, your account values may as well. Recent market volatility, driven by the Federal Reserve’s announcement to slow rate cuts, has left many retirees wondering what this means for their financial future. Let’s explore the situation
Slower Rate Cuts, The Market, and Your Finances Read More »
The Federal Reserve recently announced its expectation to lower interest rates in September, marking a significant shift in monetary policy. This change could have far-reaching implications—namely to your retirement finances if you rely on interest-earning accounts like money market accounts, CDs, and savings accounts.[1] The Impact on Interest-Earning Accounts Interest-earning accounts, known for their stability
How Lower Interest Rates Could Impact Your Money Read More »
