IT’S OFFICIAL:After an exhaustive review of 12 of the major online quoting sources, including Zander Insurance and Matrix Direct, we have confirmed what we have been telling our clients all along, Monday Hope Financial Services can get you the best … Continue Reading
Like most people, you’ve probably set aside money in your lifetime to pay for the important events in your life: a new house, a vacation, college tuition for the kids, and maybe even a wedding. Planning ahead is a good idea because you can make sure the money will be there when needed. What about Funeral Planning?
“We have money in savings.”; “We have Life Insurance.”; “We have a ‘special’ account to cover funeral costs.”
Older Workers Short on Retirement “Intelligence”
Many workers close to the traditional retirement age lack the knowledge they need to adequately prepare for their later years. That’s the overall conclusion of the latest MetLife Retirement Income IQ Study released in June, 2008.
The survey of 56-65 year olds who are within 5 years of retiring found that a majority underestimate the average person’s longevity. Just one-third knew that someone reaching the age of 65 has a 50 percent chance of living beyond age 85. The survey also that found nearly 70 percent of pre-retirees overestimate how much they could withdraw from their retirement savings each year. Given a choice between four, seven, ten, and fifteen percent, less than one-third of respondents gave the generally accepted answer of four percent.
Click here to download and read the entire study from MetLife Mature Market Institute.
If you are like most investors, you have probably seen losses in your retirement accounts of anywhere from 15 to 50 percent in the past year. This has probably caused you a great deal of concern about your financial future.
What if we could show you how you can protect yourself from any further losses, still have the chance to participate in at least some of the gains of the markets in the future when they do recover without having to figure out when a lasting bottom had occurred? What if we could even show you how to receive up to 20 percent credited to your retirement income account value to help offset some of your losses immediately? Would you be interested enough to read the rest of this article? … Continue Reading
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