Don’t Let Probate Threaten Your Legacy

You’ve worked hard over your life to build a career, earn income and accumulate assets. As you approach retirement, you may be thinking about how best to pass that legacy on to your loved ones. Everyone’s estate planning goals are different and unique to their own needs and circumstances. Perhaps you want to help your

Do Empty-Nesters Need Life Insurance?

Many people buy their first life insurance policy when they have children. The birth of a child creates an obvious life insurance need. Your child is dependent on you not only for financial support but also for care and guidance. If you pass away, the child could face substantial challenges, some of which can be

Which Type of Term Life Insurance Is Right for You?

Considering a term life insurance policy to protect your spouse, children and other loved ones? That could be a wise move. Risk management is the cornerstone of any solid financial plan. You can’t focus on achieving your goals until you minimize the risks that could undermine your financial future. There is perhaps no greater financial

5 Roadblocks to Retirement Success

Golf. Travel. Favorite hobbies. Time with the grandchildren. These are the things most people think of when they dream about retirement. Of course, retirement is the time to do what you love most and spend your time the way you want. Unfortunately, there could be some roadblocks in the way of you turning your dream

Pension or 401(k): Which Is Better for Your Retirement?

There was a time when retirees could count on guaranteed lifetime income from Social Security and an employer pension to fund their golden years. Those days are long gone, though. While today’s retirees still enjoy Social Security income, very few have access to a pension. In 1998 nearly 60 percent of Fortune 500 companies offered

Pay Off Debt or Pay for College: Which Is the Right Strategy?

If you’re in your 40s or 50s, you may be at a point in your career when your income is higher than it’s ever been. It’s common for workers to see sizable increases in compensation as they enter the later stages of their career. Their accumulated experience and knowledge help them take advantage of promotions,

Do You Have a Social Security Maximization Strategy?

Are you approaching Social Security age? If so, you may be facing a difficult decision about when and how to file for benefits. It could be an important decision. If you’re like many retirees, Social Security will play a large role in your retirement funding strategy. Your decision on when and how to file will

4 Out-of-the-Box Ideas to Fund Your Retirement

Many workers follow a very defined, traditional path to retirement. You advance your career over time, and your income increases along the way. Throughout your career, you contribute to your 401(k), IRA and other retirement accounts. You try to keep your debt balances low, live within your means and accumulate enough assets to fund a

Annuity FAQ: The Basics About Annuities

Are you in the process of exploring the broad range of tools that can be used to accumulate assets, manage income and provide a sound financial foundation? From IRAs to 401(k) plans to long-term care insurance and more, there are many financial strategies at your fingertips. Many retirees choose to use annuities as part of

4 Strategies for Generating Retirement Income Before Age 59½

Do much of your retirement assets exist in qualified accounts such as 401(k) plans, IRAs, annuities or other tax-deferred vehicles? These accounts are popular because they allow you to accumulate assets without paying taxes on the growth. In most cases, you aren’t taxed until you take distributions from the account. The trade-off for tax deferral,