Liz Cornell

The Changing Face of Retirement

The times they are a changing and so is the face of retirement, part one of five taken from the full episode of Right on the Money On The Basics of Annuities. In 1964, Bob Dylan wrote a prophetic tune, The Times They Are A Changin’. Back then, a retiree had a pension, no mortgage and full Social Security benefits. The children of the ’60s are now in their 60s. But the baby boomers fund their own retirement plans and carry mortgages into their golden years. Over the years, they have also watched Congress tinker with their Social Security...

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Your Retirement Needs Guaranteed Income & Growth

You may be able to have your cake and eat it too with guaranteed income during retirement, part five of five taken from the full episode of Right on the Money On The Basics of Annuities. If you have a diverse retirement portfolio it may include mutual funds, ETFs, REITs, oil and gas leasing partnerships as well as annuities. Each financial product line was developed and designed to perform for its strategic purpose. This is an important discussion for you and your financial advisor to determine what product line matches up best for your retirement goals and risk tolerance....

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Managing Your Tax Bill in Retirement

Managing your tax bill through tax diversification may provide more money in retirement, part four of five taken from the full episode of Right on the Money On The Basics of Annuities. Managing your tax bill through tax diversification may provide more money in retirement, part four of five taken from the full episode of Right on the Money On The Basics of Annuities. The typical view of retirement money management address the correlated tax impact on assets during retirement distribution. But with a little bit of planning with your tax consultant, you may be able to reduce your...

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Seniors Go Down Swinging As the Fed Throws Curves

Three strikes and you’re out. Seniors go down swinging as the Feds throw curves. Seniors didn’t receive a Social Security cost of living adjustment (COLA) this year, so benefits remain flat. Strike One. There was a glimmer of hope last year’s Fed hike in interest rates might provide a small boost to their bank savings and money market accounts, but so far it hasn’t. Strike Two. Seniors paying taxes on low-interest rate earnings and Social Security benefits lose the power of their purchasing dollars. Strike Three. The U.S. government began paying a COLA on Social Security benefits in 1975....

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Insuring A Portion of Your Retirement Monies

Annuities can insure principle and offer reasonable net returns to insure part of your retirement monies, part two of five taken from the full episode of Right on the Money On The Basics of Annuities. There was a significant study to uncover the national psychological state of mind on retirement. The study focused on 6,000+ respondents ages 45 and older. It determined peace of mind during retirement was the underlying factor many future retirees envisioned having during their golden years. 1 Developing a financial profile that includes a risk tolerance test and life expectancy report can lay the foundation...

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