Research shows retirees hesitate to spend savings but readily use lifetime income. Here's what this means for you. In this ...
As part of any retirement planning scenario, you will look at all the options available. Whether this is maintaining a ...
The trade-off of allocating a portion of the portfolio to guaranteed income is generally lower median ending balances. For retirees who prefer maximizing lifetime spending over leaving behind ...
However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...
Income America announced that Principal Financial Group will add Income America 5ForLife to the Principal Featured Partner Program.
People approaching or in retirement are being urged to think carefully about their pension income options, in light of ...
The guaranteed lifetime income rider available for purchase on some variable annuity policies can help solve this problem. Distributions can negatively impact investment performance and sometimes ...
Pacific Life's $50 annual fee can be waived for ... company a lump sum or a series of payments in exchange for guaranteed income payments now or in the future. At CNBC Select, we work with experts ...
Research suggests having an income that is guaranteed to last until death can reduce stress and boost retirees’ spending.
By Brad Rhodes The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and ...
Nick Flynn, retirement income director at Canada Life, says: 'With people increasingly living longer lives, more individuals are seeking guaranteed income solutions, making annuities an attractive ...