Steve Vernon's latest book on retirement, "Retirement Game-Changers," teaches anyone how to win not just the game of retirement income, but the game of life-after-55. Vernon (pictured) is an actuary whose interest in retirement planning grew as he grew older. Imagine that.
Kindur, which debuts in January, is a low-cost, digital advice-and-investment-management engine that will help Boomers turn income from annuities and investments into a retirement paycheck. Its founder is Rhian Horgan, a former JPMorgan alternative investments specialist based in New York.
This article combines Cerulli's latest assessment of the annuity market with third-quarter annuity sales data from the Insured Retirement Institute, Beacon Research and Morningstar, Inc.
A survey by bond dealer Incapital LLC showed that 51% of financial advisors generate income for clients from dividend-paying stocks, 43% from equity income mutual funds, and 43% from annuities.
'With able-bodied retirees “working” for a pension, consumption patterns among the elderly need not decline, and governments would have more fiscal space to support the most vulnerable,' writes our guest columnist, a Future of the World Fellow at the University of Madrid.
Although volatility ratcheted up in the second half of 2018, the equity markets and interest rate movements should be net positives for operating performance, according to a recent report by the ratings agency.
A.M. Best affirms Ohio National’s A+ rating, despite lawsuits; $24 million settlement in BB&T Bank excessive fee case; AIG names new chief financial officer; E*Trade offers online investing tool; Cigna expands its financial wellness program; Reinsurance deal with Athene will fund Lincoln share repurchases; Empower finds appetite for open multiple employer plans.