Archive for the Retirement Income Planning Category


A Fixed Indexed Annuity Success Story

  Fixed indexed annuities are fixed interest rate annuity products that derive the interest rate credited to the policy’s cash values based on movement in an index (the same way indexed universal life insurance derives an interest rate). They often provide additional benefits through a rider that guarantees a level of income from the annuity. The accumulation […]

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401k’s Aren’t the only Retirement Plan that can Leave you High and Dry

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Podcast: Play in new window | Download We’ve definitely not shown a lot of love and admiration for the old 401k Plan around here. While  there may be circumstances where contributions to a 401k make sense (though relatively few circumstances) we would be remiss not to point out that 401k’s and their sister products (e.g. […]

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Ted Benna: The 401(K) Giveth and Taketh away

By all accounts Ted Benna should be heralded as an American hero. But I’m willing to bet most of you have never heard the name. Ted is credited as being the guy who created a financial tool that reformed personal finance throughout the last three decades and made more Americans members of the stock investing […]

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CNBC Thinks Life Insurance Works for Retirement Income?

Yeah you read that right.  In a recent story over at CNBC, How to Invest for a (Mostly) Tax-Free Retirement life insurance is actually given a little a tip of the hat! Clearly, the world is coming to an end.  The mainstream financial media usually takes great pleasure in beating up on whole life insurance and […]

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Be careful how you save—Your IRA and 401k may be a trap

Since I’m never really one to go with the flow, today I’ll hold true and bludgeon the sacred cow of all financial advice gurus—the IRA and the 401k. It’s not that I’m trying to be controversial or contrary to spite Dave and Suze. That’s just an added bonus. I am concerned about the conventional wisdom […]

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Retirement Savings Roulette

As of late, it would seem that a great many people are engaged in a bit of retirement savings roulette and I’m afraid it’s not going to end well for them. Just in case you’ve been living under a rock for the past four years or so, interest rates paid on traditional income generating retirement […]

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How Much Money Do I Need to Retire? A Million Dollars Ain’t What It Used to Be.

We have a lot of conversations that start with the question, “How much money do I need to retire?” The answer is a lot more than you might think, especially if you’re used to scraping out an existence on a six-figure income.

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The Coming 401k Bond Blood Bath

For a while, Brandon and I have been discussing the coming 401k bond blood bath for people who are retiring and have been planning for years to shift their asset allocation to a much more conservative posture. Remember when the conventional wisdom was that during your retirement years you would shift the weighting of your […]

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The Retirement Income Opportunity has arrived

If you’ve read any of my previous posts, it’s no big surprise to you that I’m very passionate about the subject of retirement income.  Honestly, I think this is one of the biggest boondoggles for financial advisors, investment companies and life insurance companies. None of them have been prepared for the growing demand that is […]

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CD or Multi-Year Rate Guarantee Annuity–Is it a fair comparison?

Typically a multi-year guaranteed annuity and the term “CD annuity” are used interchangeably within marketing literature.  While the description is accurate in describing conceptually how the product works, I feel it could be a little misleading to consumers. An annuity is NOT a CD, it’s not related to a CD, and the two really shouldn’t […]

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