To age in home, or not to age in home: That is the question many retirees eventually face. One major determining factor is whether they can afford to move into a senior community offering living assistance and nursing care if necessary.[Read more…]
Continuing our series of articles designed to help you begin planning at home for retirement. Many people are simply unsure of all the things they must do to plan for a safe, happy retirement. And the pressures of day-to-day living make this a task that can easily be overlooked or pushed off, sometimes for years. The cycle of procrastination, stress, and more procrastination is far too common when planning for your future ‘golden years’. So we’ve put together this series of articles to get you started, at home, in the comfort of your kitchen or office. And when you’re ready for help, we’ll be here to gently guide and add any necessary structure to your plan. [Read more…]
Jim Byrd and Biff Hamel of Safe Harbor Financial Services, LLC host a weekly radio show about retirement planning and investing. Safe Investing in the New Economy airs each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News radio 710 WNTM. Listen to the show on the radio, or plug into the podcast on iTunes. This week’s agenda focuses on retirement planning with less risk and worry.
Fixed Annuities Are Set for a Record Year in 2018
According to Investment News Magazine, indexed annuities are having a boom year with a 23% sales increase over last year. Brokerage houses are beginning to sell more indexed annuities now. But their offerings will be very limited. Brokers can only offer the products their companies have to offer. Safe Harbor Financial represents over 100 different insurance companies so they have a much wider selection of fixed index annuities than the traditional wire house. Fixed annuities return market-like returns with no market risk. [Read more…]
Many people have never heard of the October Effect. Yet, it’s almost as well-known as the September Effect, another theory about market performance based on superstition. But what is it?
According to Investopedia:
The October effect is a theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological expectation rather than an actual phenomenon as most statistics go against the theory.
Continuing a new series of articles designed to help you begin planning at home for retirement. Second in our series is an educational article on strategic planning for taxes. Retirees can be affected by a variety of taxes — state income taxes, estate taxes and Social Security taxes, to name a few. But the most common tax — the one that all retirees will deal with — is the federal income tax. [Read more…]