IRAs and defined-contribution plans have become an important component of personal wealth — averaging roughly 60% of the assets of U.S. households with $100,000 or more to invest, according to recent research.1 Designating account beneficiaries (in light of your overall estate conservation strategy) and keeping those designations up to date can be a complex […]

  The number of Americans aged 90 or older almost tripled from 1980 through 2010 and is projected to quadruple by 2050.1 Of course, reaching 90 is still an unusual accomplishment, but the average 65-year-old can expect to live another 19 years.2 A portfolio that provides steady income for both the short and the long term […]

About half of retirees file for Social Security benefits when they first become eligible at age 62.1 The age to receive “full” Social Security benefits is 66 for workers born between 1943 and 1954. If you were born in this period and file for benefits at age 62, you would typically receive 75% of your full […]

In a 2012 survey, 73% of annuity owners said annuity investments are a critical part of their retirement funding strategies, and 63% said market volatility makes them more likely to consider buying an annuity.¹ When saving for retirement, some workers who are concerned about stock market volatility may turn to fixed-income investments, but the current […]

The 2006 film Failure to Launch told a humorous story of an adult son who couldn’t seem to leave his parents’ home. Although the plot was fictional, this scenario has become more common in real life — about three in 10 Americans aged 25 to 34 either live with their parents or have done so in recent […]