Income

Income

Contributors Featured Income Retirement

The 4% Retirement Rule Is Just a Starting Point

Ivanna Hampton: New retirees could kick off their golden years with a familiar number, 4%. A trio of Morningstar researchers analyzed starting safe withdrawal rates from an investment ...
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Featured Income Retirement Taxes

Americans have poor understanding of retirement income planning

Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement. Results ...
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Contributors Featured Income Retirement Social Security Taxes

A New Bill Aims to Fix Social Security by Eliminating Taxes on Benefits

Asmall group of lawmakers wants to eliminate taxes on Social Security benefits as part of a proposal they claim could help fund the flagging program. Rep. Angie Craig, ...
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Annuities Contributors Featured Income News Retirement

How a Fixed Index Annuity Can Manage Retirement Income Risks

Good retirement income planning involves adjusting to circumstances and evaluating innovative products. Consider an FIA to manage downside risk. Just like other types of annuities, you purchase an FIA ...
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Annuities Contributors Featured Income Retirement

Retired or Nearly Retired? 2024 Is the Time to Focus on Risk Reduction

The future ain’t what it used to be,” the inimitable Yogi Berra once said. Yogi knew the future is unpredictable. No one in 2019 could have predicted a ...
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Contributors Featured Income Social Security

Social Security – Beware The Annual Earnings Limitation

The earliest most people can apply for Social Security benefits is 62. You can apply for survivor benefits at age 60 and not married. Whenever you apply for ...
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Contributors Featured Income Retirement

Retirement Planning in a Time of Inflation and High Interest Rates

Retirement planning can be a complex puzzle to solve, with multiple pieces that need to align for a comfortable retirement. In recent times, two significant factors have emerged ...
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Contributors Featured Income Retirement Social Security US

Seven Factors to Consider Before Choosing a Goal Age to Collect Social Security

An important player in your overall retirement plan, Social Security can help fund your living expenses when you’re no longer able to work or are working reduced hours. ...
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Contributors Featured Income Retirement Social Security

3 Big Social Security Changes Taking Effect in 2024 That Retirees Must Know

KEY POINTS Social Security benefits will get a modest cost-of-living adjustment in 2024, such that the average retired worker will receive an extra $59 per month. The maximum ...
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Annuities Contributors Featured Income Retirement

8 Trends in Retirement Income Planning – By John Manganaro

Advisors with any substantial experience working with clients will know that managing income and spending in retirement can be a big challenge from both an analytical and behavioral ...
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