If you like to save money these are the highest rates for savers in over 20-years. Fixed annuities offer savers a chance to earn interest higher than CDs and other bank products. They also provide principal protection from market volatility, which is especially important for investors close to or in retirement. While fixed annuities have some advantages, they [...]
As reverse mortgage professionals, it is essential to understand how Social Security optimization and reverse mortgages can work together to help you maximize your retirement income. By incorporating these strategies, you can achieve a well-rounded financial solution to maintain your lifestyle and financial security. This article will discuss the connection between Social Security income [...]
I would like to share with you a unique strategy to grow and access your money in retirement. It is called the accumulation-focused annuity strategy. The “Accumulation Annuity” strategy, many people with qualified accounts such as a 401(k) and IRA will invest a portion of their future retirement dollars from their IRA or 401-k [...]
May 2023 Best Fixed Savings Rates: If you like to save money these are the highest rates for savers in over 20-years. Fixed annuities offer savers a chance to earn interest higher than CDs and other bank products. They also provide principal protection from market volatility, which is especially important for investors close to or in retirement. While [...]
I'm going to ask you the question, is an annuity right for you? I receive many questions about why annuities are good. I am going to break this question down into three different sections. What an annuity will not do, what an annuity will do, and then, I will focus on the “Why” annuities [...]
Hi, this is Mel Samick, I want to discuss the topic today about how to protect your financial assets. With today's longer life expectancies, you should plan for a much longer retirement. While that's a good thing, it does expose you and make you more vulnerable to market volatility, and your assets could run [...]
Let’s discuss the traditional financial model. The analogy I want to use is a three-legged stool - pensions, personal savings, and Social Security. Many corporations today have gone away from the pension in lieu of a 401(k). Even if you are lucky enough to have a pension from a large corporation or a [...]
Today, we're going to be talking about a split annuity. What is a Split annuity? A split-annuity strategy involves purchasing two types of annuity contracts: immediate and deferred. The immediate annuity would provide a current income stream during the early years of retirement, and the deferred annuity would have the potential to provide a future [...]
Many people today no longer have the benefit of depending on company provided pension plans to supplement their retirement income. The responsibility has shifted to the individual to utilize other financial vehicles to create enough savings to live a stress-free retirement. I want to discuss “How to Live a Stress-Free Retirement”. The reason I chose [...]
I wanted to ask you a question. Picture yourself getting buckled in on a flight, headed to San Diego from New York. You've got your favorite book, some good snacks, and you're ready to go. Then the pilot gets on the intercom and says, "Ladies and Gentlemen, thank you for flying with us. The weather [...]