Four Income Planning Tools

Here are brief reviews of four noteworthy but not-widely-known retirement income planning software tools, provided by the publisher of Virtual Office News and the T3 Newsletter. Mr. Bruckenstein is also a CFP.

Talking Annuities with AIG’s Todd Solash

Solash, who leads AIG's Individual Retirement business, spoke with us about the company's approach to the annuity market. The NAIC recently reported AIG's overall Life and Retirement businesses as having an industry-leading $18.4 billion in sales.

Risks that Can Ruin a Retirement, Part II

In retirement, "risk" can turn from an object of pursuit to an object of avoidance. In the second installment of a two-part article, our guest columnist continues his discussion of financial and other risks that retirees and advisors should anticipate.

Risks That Can Ruin a Retirement

In the first of a two-article series, the retirement expert, author and editor enumerates and describes the many risks that retirees face. (Spoiler alert: Mortality is not one of them.)
Featured

Canada’s Annuity Issuers Protect their Turf

The Bank of Montreal will halt new sales of its BMO Lifetime Cash Flow, a retirement income product that Canadian insurers said worked a bit too much like a variable annuity. The Canadian finance minister agreed.
News

Consumer Reports rates 13 brokerage services

A trusted source for information on a wide array of products, Consumer Reports decided to investigate online and full-service brokerage services by polling their readers and sending mystery shoppers to brokerages. Here's how 13 services measured up.

Could “Obamacare” encourage earlier retirement?

A review of Towers Watson retirement data shows that the presence of company-subsidized health insurance for retirees encourages people to retire before age 65. Researchers wonder if elements of "Obamacare"--the PPACA--could have a similar effect.

Federal Reserve favors more predictability on rates

But “a number of members noted their dissatisfaction with the Committee's current approach for communicating its views regarding the appropriate path for monetary policy,” said the minutes of the Dec. 13 FOMC meeting, published this week.

Uncle Sam publishes annual financial report

For those who like diving into economic statistics, even the 16-page summary of the 2011 Financial Report of the U.S. Government provides an ample pool of data.

The Bucket

Brief and late-breaking items from LPL Financial, the Insured Retirement Institute, MassMutual, Great-West Retirement Services, Securian and Allianz Life.