by Greg Yodis | Jun 17, 2024 | Accumulation & Retirement Income, Greg Yodis, Wealth
Clients dream bigger than ever about retirement, but the gap between their aspirations and reality is widening. A recent 2024 Northwestern Mutual Planning & Progress Study found Americans now aim for a record-breaking $1.46 million in retirement savings, yet the...
by A&A Editorial Team | Jun 17, 2024 | A&A Editorial Team, Protection/Income, Wealth
According to a recent survey conducted at LIMRA’s Life and Annuities Conference, the annuity market continues to demonstrate its resilience and growth potential. This positive outlook aligns with the observations of many health insurance and financial...
by Joe Brandau | Jun 11, 2024 | Joe Brandau, Protection/Income, Wealth
Annuities are popular among Americans seeking financial security and stability amid an unpredictable economy. With interest rates at their highest levels in years, insurers are offering annuity premium bonuses—most often on fixed-indexed annuities—providing an...
by Chris Campbell | Jun 11, 2024 | Accumulation & Retirement Income, Chris Campbell, Wealth
The tried-and-true 4% rule for retirement income planning is getting a well-deserved rest. Recent Morningstar research highlights the benefits of dynamic spending strategies, which offer retirees more control and, potentially, a more comfortable retirement. Register...
by A&A Editorial Team | Jun 6, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
Financial stress can take a toll on anyone, let alone those nearing retirement. The mental load can impact not only their financial well-being but also their mental health. With credit card debt reaching a record high of $1.13 trillion and personal savings rates...
by A&A Editorial Team | May 20, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
A recent report sheds light on the confusion surrounding pricing for financial planning services, revealing a growing preference among consumers for flat fees. The “Pricing Mechanisms” report by Hearts & Wallets highlights a significant level of uncertainty among...
