Viewing 1 to 10 of 11 items
Archive | November 9, 2012

6 Last Minute Retirement Saving Strategies

Some of the 10,000 baby-boomers retiring each day have in fact put aside enough funds to be cover their retirement. Here are some strategies to help the rest of the baby-boomers who are rapidly approaching retirement and may not have the proper savings to cover their needs. 1) Stop hoping. There is not enough time to  Full Article…

0

Underinsured Retirees

Many baby boomers, especially the more affluent are likely to be under insured. ACE Private Risk Services did a survey of insurance agents and brokers and nearly all of them said that wealthy consumers were likely to be under insured in liability coverage, which helps protect them from multi million dollar lawsuits.      Another  Full Article…

0

Variable Annuities for RIAs?

Jefferson National has been recognized by Cerulli Associates as the “gold standard” for creating the industry’s first flat-fee variable annuity.  Since 2005 they have helped put over $1.4 billion into tax deferred variable annuities from RIAs that “don’t do annuities.”  Tax-deferral will continue to become a bigger and bigger part of asset management especially as we approach  Full Article…

0

Northwestern Mutual Long Term Care Awareness Study

One-third of Americans haven’t considered their potential long-term care financial needs when it comes to their longevity and lifestyle, according to a new study from Northwestern Mutual.     The Long-Term Care Awareness Study also found that less than half (46 percent) of Americans feel financially equipped to live beyond age 75, and slightly more  Full Article…

0

Hartford Wants out of Variable Annuities Right Now

The Hartford is offering customers a better “cash surrender” value to people who have variable annuities with a Lifetime Income Builder II rider, which is a special endorsement offered at an additional cost. Essentially, the rider ensures regular payments over time, and The Hartford wants to offer a larger cash value now in order to  Full Article…

0

Bernanke’s Job Is Safe, But Your Money Isn’t

According to Peter Schiff, the CEO of Euro Pacific Capital and author of The Real Crash: America’s Coming Bankruptcy, the recent highs for the dollar will not last and inflation will increase.  Schiff says, “Ben Bernanke’s job is safe now that Obama was re-elected, but your money is not…Ultimately, they’re going to print even more  Full Article…

0

Jackson National Says NO to Annuity Premium?

In a world with low interest rates, every insurance carrier needs to watch their premium. This includes Jackson National. On November 8th, they announced that they are within $1 billion of their upper range of premium that they can accept in 2012.  They will no longer be accepting 1035 or qualified transfers until at least  Full Article…

0

Estate Planning Taxes

Congress isn’t likely to stop the $5 million estate and gift tax exemption from resetting to $1 million before New Year’s. That doesn’t necessarily mean, however, that clients only have seven more weeks to take advantage of this planning opportunity, taxation expert Thomas Pauloski said. He is national managing director of Alliance Bernstein’s Wealth Management  Full Article…

0