8 Retirement “Realities” in a Stumbling Economy
Over the last three years the economic recovery has remained quite stagnant, this has had a major effect on the retirement planning of the largest group of potential retirees in history. As the baby-boomers reach retirement age, there are some so called “truths” about the new retirement out there. These realities are continued employment, going back to school, social security claiming strategies, taxes, health insurance, reverse mortgages, revised glide paths, and spending retirement assets. The attached article goes into detail about all of these topics. That said many retirees do not want to deal with any of those realities, and why should they. Many retirees have found a comfort zone in the fixed indexed annuity world, as they are in an extremely low risk product that has a much larger upside than downside and can provide additional services like a guaranteed income stream for life as well as long term care insurance and death benefits for beneficiaries. For information on annuities, the fees, and the rates visit Annuity Think Tank and check out our software than can show you how to keep your standard of living and have a guaranteed income stream to maintain your lifestyle until the end of your days.
Here is the article warning of the 8 new “realities” of retirement.
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