Year End Financial Checklist

Americans are notorious for overspending when the holiday season rolls around, and while that may be good for the economy in the short-term, it often ends up being bad for household budgets. Ultimately, though, overindulging a bit on spending during the holidays doesn’t need to create hardships as long as you know your broader financial…

The Power of Women

Last year marked the 100th anniversary of women’s right to vote in the U.S. Since then, women have made great strides in educational achievement and career opportunities. Despite this progress, they continue to be at greater risk than men of not achieving a financially secure retirement. Today, a woman’s path to a secure retirement is…

Secure Act 2020 Report

President Trump signed The SECURE Act into law on December 20, 2019—with many of its new provisions taking effect January 1, 2020. The SECURE Act, which stand for “Setting Every Community Up for Retirement Enhancement”, is intended to strengthen retirement security across the country. Although the changes bring much-needed updates that could be beneficial to…

Income For Life

Many aspects of an annuity can be tailored to a buyer’s specific needs. Besides choosing between a lump-sum payment or a series of payments to the insurer, buyers can also choose when to start receiving payments. An annuity that begins paying out immediately is referred to as an immediate annuity, while one that starts at…

Introduction to the Universe of Non-Stock Market Income Generating Investments

There are three basic categories of investments: conservative, moderate and aggressive. Aggressive instruments are those primarily invested in for growth. As the chart shows, they include things such as common stock, stock mutual funds, speculative real estate and commodities. Again, these are typically invested in for growth or capital appreciation, not income. They’re considered “aggressive”…