Retirement

The Great Recession has many older Americans considering the prospects of staying in the workforce past their normal retirement ages.

Depending on the underlying investment, you may have a choice of a fixed annuity, a variable annuity, or an equity-indexed annuity.

If you’re approaching retirement, you’ll eventually need to make serious decisions about when to begin taking withdrawals (known as distributions) from your retirement accounts.

It’s also a fact that the decisions you make about how to manage retirement assets when changing jobs can have a direct impact on your future financial health.

There are two factors that can determine whether you’ll have a comfortable retirement: The amount of money you’ve saved and how quickly you spend that nest egg after you retire.

Since the housing and stock markets collapsed several years ago, millions of unemployed and even working Americans have found themselves in need of cash.

The ultimate goal for most retirees is making sure their assets last as long as they live. And because of increased longevity, managing cash flow is more critical than ever.

Nearly 50 million American households own an individual retirement account (IRA).¹ While the IRA has evolved into a popular retirement savings vehicle.

Although much of the last decade has been an exception, historically, stock returns have outpaced inflation by the widest margin and have provided the strongest returns over the long term.

People who are getting ready to wrap up their careers and leave the working world often refer to retirement as “a new chapter” or “the next act” in their lives – and rightly so.