Forget doom-and-gloom. Recent research suggests that the Crash of 2008 will not prevent most Boomers from retiring as planned.
Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans.
Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are they likely to stay in business? We show you where to look for answers.
At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.
The alliance marks the first time Fidelity's annuity and insurance business has expanded its distribution through a turnkey asset management firm.
Envestnet's new PlanHorizon income distribution method resembles other 'bucket methods' like IFLM and RetireSense, but also integrates the bucket method into the firm's full-service investment and administrative platform for independent advisors.
“This does not mean a return to normal for individual annuity insurers; even after the record gain, the line still experienced an $11 billion net loss over 2008 and 2009," Conning's report said.
With a bonus, a roll-up, three crediting methods, four index options and up to five payout choices, this product gives investors plenty to think about.
Agents prefer different business practices depending on their years in the industry and whether they're captive or independent, a Mintel survey shows.
"A holistic retirement system should provide an affordable fixed annuity that guarantees enough income to help meet basic needs," said Roger W. Ferguson, Jr.
Swift Transportation owns the largest fleet of truckload carrier equipment in the United States, with almost 16,000 vehicles operating from 40 major terminals in 26 states and Mexico.
With its first-ever web video, the Insured Retirement Institute says as much about its own post-NAVA makeover as it does about the hipness of guaranteed retirement income. The one-minute effort to get Boomers thinking about retirement is intended for viral dissemination.