Twice a week, our CEO and resident money guru Jean Chatzky tackles your burning questions in the HerMoney newsletter. We’ve ...
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Investors pile into 'bowling bumper' annuities as stock market worries grow
These "bowling bumper" annuities limit losses but also cap gains, with surrender charges up to 8% for early withdrawals.
Experts reveal middle-class retirees' biggest fears—outliving savings (43%), healthcare costs, market crashes and emergencies—plus strategies to address each.
Pension annuity sales increased by a quarter (24 per cent) last year to reach a 10-year peak of 89,600, numbers from the Association of British Insurers show.
Roy Snarr, host of Safe Money and Income Radio, is a nationally recognized expert in asset protection, long-term care, and retirement planning. As a Certified Financial Fiduciary, Life and Annuity ...
Retirement can be daunting enough without having to worry about managing money in a completely new way. With the "Pay Yourself” rule of retirement, you don’t have to skip a beat. It lets you automate ...
The situation: You want to use cash in your retirement savings to buy a fixed annuity. Your worry: interest rates are low right now. Fair enough: when interest rates fall, so do crediting rates on ...
The National Treasury emphasised that the two-pot system aims to balance short-term relief with long-term retirement security. Allowing multiple withdrawals could undermine this goal by depleting ...
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