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Panic Grows About Living Too Long, Without Enough Money to Actually Live
Panic Grows About Living Too Long, Without Enough Money to Actually Live Imagine fearing life more than death. That’s a reality many Americans face as nearly 50 percent of Americans are afraid of outliving their income or their inability to pay for basic necessities like healthcare, according to a new survey released by the IALC. However, Americans are not taking
Debunking 12 Myths About Fixed Indexed Annuities
Debunking 12 Myths About Fixed Indexed Annuities To mark Annuity Awareness Month this June, the Indexed Annuity Leadership Council is debunking the top 12 myths about FIAs. 1. Myth: FIA policyholders assume risk Fact: With FIAs, your principal can never decline in value due to index volatility 2. Myth: People buy FIAs for higher returns Fact: People buy FIAs for
4 Ways to Get Financially Fit in Your 40s
4 Ways to Get Financially Fit in Your 40s Many people in their 40s are facing an uncomfortable fact: They simply aren’t where they’d hoped to be financially. Fortunately, all their life experience can help correct for past mistakes. “There’s a different trigger moment for everybody,” says Jay Howard, financial advisor and partner at MHD Financial in San Antonio, Texas.
Summer Vacations and Retirement: Budgeting for Both
Summer Vacations and Retirement: Budgeting for Both With Americans living longer than ever, planning for retirement should be a top priority. Yet according to a recent study from Charles Schwab, Americans are spending more time planning for summer vacations than for retirement. While a vacation may last a week or two, retirement may last upwards of 30 years. Neglecting to
5 Ways Critical Illness Insurance Can Be a Financial Life Saver
5 Ways Critical Illness Insurance Can Be a Financial Life Saver It was a world-famous heart surgeon, Dr. Marius Barnard, who created critical illness insurance, as he saw how the financial stress that accompanied cancer, heart attack and stroke was killing his patients. This type of insurance typically gives you a lump-sum cash payment if you are diagnosed with one
IALC Challenges DOL Fiduciary Rule
IALC Challenges DOL Fiduciary Rule Source: Indexed Annuity Insights
4 Retirement Questions Job Seekers Should Ask
4 Retirement Questions Job Seekers Should Ask Too often when reviewing a job offer, we focus just on the salary or the number of vacation days. However, it’s important to evaluate the entire offer package and consider what benefits a prospective employer is offering not just yearly but also over time. Specifically, an employer’s retirement benefits can add more value
How Much Life Insurance Do You Really Need?
How Much Life Insurance Do You Really Need? Some people equate life insurance with tragedy and death. In truth, life insurance is for the living. Without it, the sudden demise of a key breadwinner could leave a family stranded without the resources to maintain their lifestyle—or even retain their home. Not so long ago, professionals recommended that families carry a
Why You Should Consider A FIA
Why You Should Consider A FIA By Tom Hegna In the past, some consumers looked at Fixed Indexed Annuities, or FIAs, as “overcomplicated products,” that over-promised and under-delivered. That’s no longer the case. Even with today’s volatile market, these products have performed extremely well over the past 15 years. After raising the overnight rate this past December, Janet Yellen and
How to Weather the Storm in Volatile Markets: Takeaways from IALC’s Event
How to Weather the Storm in Volatile Markets: Takeaways from IALC’s Event On April 20th, the IALC hosted a panel event in DC, “Weathering the Storm: Navigating Volatile Markets,” aimed at facilitating discussion about savings and financial strategies in today’s unpredictable economy. IALC Executive Director Jim Poolman was joined by other industry professionals and policymakers to discuss major challenges Americans