When I’m asked if an annuity is a good buy, I reply: it all depends on your situation and your goals. Once you’ve settled on what you want to accomplish, you can decide whether an annuity makes sense for you, realizing that different types can help you meet different financial goals. Annuities can’t all be… Continue reading Annuities: The Swiss Army Knife of Personal Finance
Tag: funds
What’s the Most Important Factor in Keeping Your Retirement Money Safe?
Don’t be so quick to simply accept what a financial advisor offers for your retirement – that’s the takeaway from multiple red flags since the 2008-09 economic crisis. First, there’s an important difference between advice that’s “suitable,” called the suitability standard, and what’s best for an advisor’s client, called the fiduciary standard. As reported in… Continue reading What’s the Most Important Factor in Keeping Your Retirement Money Safe?