Aug 31, How to get cheap health insurance
Updated: 2011-08-31 20:32:28
Here's how to get the best and cheapest health insurance
Aug 31, Planning for retirement now
Updated: 2011-08-31 20:26:25
Planning for retirement now, relying most of all on yourselfTraditional or Equity-Index Annuities – What’s best?
Updated: 2011-08-31 01:14:12
The nice part about a classic fixed annuity is that the insurance company guarantees its go back and a constant payout after annuitization. But with a long retirement ahead(equity indexed annuities), you’ll take some inflation protection to cancel out the fixed payout. Should you consider equity indexed annuities for that potential to offset inflation? [...]Can Equity Indexed Annuities Guarantee What You Want?
Updated: 2011-08-31 01:08:27Fixed annuities assure your income based on current interest rates. Going through a long retirement horizon, you may want to think about relying a little on the markets to improve you annuity income. Equity-indexed annuities offers that possibility, but you must understand how it works. Equity-indexed annuities combine top features of traditional insurance products (assured [...]Creating an Annuity Ladder with Annuity Payments
Updated: 2011-08-31 01:02:34As an older retiree, you may no longer wish to worry about market fluctuation effects on the segment of your investments you rely on to give you income. annuity payments will provide stability in your retirement years. In that case, you may want to convert those to an annuity to give you a fixed payment [...]Can Equity Indexed Annuities Guarantee What You Want?
Updated: 2011-08-31 00:55:02Fixed annuities promise your income based on current interest rates. A annuity company can help you make the right decisions. Experiencing a long retirement horizon, you may want to take into account relying a little on the markets to boost you annuity income. Equity-indexed annuities offers that opportunity, but you must understand how it works. [...]Three different definitions of retirement and the resulting confusion
Updated: 2011-08-30 18:19:36
People have different definitions of retirement and I find that it often depends on how old they are. Being the figurehead here and also by virtue of being retired (in one of the definitions) I usually have to face the resulting confusion. Retired is what follows after you’re no longer capable of work. Let me [...]What are Annuities for Medicaid Planning?
Updated: 2011-08-30 00:07:36There’s no such thing as a Medicaid annuity. Annuities may however help some people refuge assets so that they can get State Medicaid program benefits. The reader is encouraged to see an eldercare attorney in your local area to know the laws that are enforced in your state. Medicaid rules differ from state to state [...]Fixed Annuities
Updated: 2011-08-30 00:04:05For retirees, the best feature of fixed annuities is the confidence that it will provide a person with a fixed income for life. Nevertheless all investments have their bad and their good points; and fixed annuities are no different. Let’s overview some of the fixed annuities summarized in the table. Pros regarding annuities The three [...]Can Equity Index Annuities Guarantee What You Want?
Updated: 2011-08-29 23:59:40Fixed annuities guarantee your income based on current interest rates. Facing a long retirement horizon, you may want to consider relying a little on the markets to enhance you annuity income. Equity index annuities offers that chance, but you must understand how it works. Equity index annuities combine features of traditional insurance products (guaranteed minimum [...]Get a Charitable Deduction and Lifetime Income with Charitable Annuities
Updated: 2011-08-29 23:55:55Interested in making a sizeable gift to charity but at the same time setting up a lifetime income for the remainder of your retirement years? That’s what Charitable Annuities are all about. And the American Council on Gift Annuities[1] (ACGA) has been helping donors find charities for since 1927. Let’s see how charitable annuities work… [...]Many benefits from Charitable Annuities
Updated: 2011-08-29 23:53:27Interested in making a sizeable gift to charity but at the same time setting up a lifetime income for the remainder of your retirement years? That’s what Charitable Annuities are all about. And the American Council on Gift Annuities (ACGA) has been helping donors find charities for since 1927. Let’s see how charitable annuities work… [...]Don’t Like Your Annuity? Check the annuity value
Updated: 2011-08-29 23:48:33While annuities might be appropriate investments for those in search of tax deferral, they are also among the most illiquid purchases available. Once the initial “free-look” period of time has expired, annuity owners are usually locked into the contract for the duration of the term, or they have to shell out a surrender charge to [...]Do you want to start a business/project with us?
Updated: 2011-08-29 18:06:37My impression is that many who read this site are ambitious hard working people who have simple grown tired of jobs, you know, the places where you spend 9-5 doing work that could have been done in half the time if it wasn’t for meetings, time-wasting procedures, and projects that are going nowhere. Forsooth, there’s [...]DIY improvisation of a patio table
Updated: 2011-08-28 20:31:43This table was built out of a form I made to fiberglass up a new shower pan, hence the curious shape. The table top is therefore an exact copy of our shower—in case you were curious, now you know. The legs are from a potato tower. They are mortised together with 1x1s, also from the [...]Retirement and the Stock Market
Updated: 2011-08-26 14:23:52Retirement is a long journey that you should plan to last three decades. During the journey you’ll be using the money you have previously saved, earnings from your investments, government or private pension, Social Security and maybe earned income, inheritance or gifts. As the years pass the same goods and services will [...]The major risks of buy and hold index investing
Updated: 2011-08-25 09:24:50I see stock markets falling in three, possibly more, stages. The first stage is the golden age of capitalism, where owners run and have a stake in their own company. In the second stage operations and stakeholdership is taken over by professionals, that is, CEOs, who own less than 1% of the company, and (institutional) [...]“Your early retirement lifestyle is one step away from being homeless…”
Updated: 2011-08-25 01:25:10One of the most annoying aspects about living with a low expense level is dealing with well-meaning (and ill-meaning) people who think more spending is in order: “How can anyone be happy spending so little?”, “This is one step away from being homeless.”, “Living below the poverty line doesn’t sound like much fun”, and so [...]A Retirement Rescue Strategy
Updated: 2011-08-24 17:41:43Most Americans get Social Security benefits or possibly a pension, but these generally fall short of what is needed for their planned retirement lifestyle. Let’s say you’re in the middle of retirement, your savings are running low and you’re facing your greatest fear: running out of money. You have equity in your home but selling [...]Falling Markets Present a Tax Savings Opportunity
Updated: 2011-08-23 17:00:36Who thinks taxes will rise in the years ahead? Everyone, that’s who! Who has money in the market? Virtually everyone because Wall Street has convinced us that we’ll do better there long-term. The only options currently available in employer-sponsored retirement plans are market investments, and when money is rolled to IRAs [...]San Francisco East Bay Meetup Sat. Sep. 3rd 2011
Updated: 2011-08-20 03:22:22See forum post for details. If there’s interest, we will attempt to turn this into a [tent] camping trip to get more time to talk and avoid the problem of only talking to the 3-4 people sitting next to you at the table. Please reply on the forum or send me an email at jacob [...]Retirement Advice: Start at a Market High
Updated: 2011-08-19 21:10:49In a Wall Street Journal Article on August 15, 2011 titled “Which Way to Retirement?” Kelly Greene wrote: “Hitting the “sell” button on your stock portfolio, after the Dow Jones Industrial Average has fallen 11.1% in three weeks’ time, could hurt you more than anything else. Not only would you be locking in losses prematurely to [...]15 baby steps towards voluntary consumerism
Updated: 2011-08-19 16:15:04Lately I has been made clear to me that a life without buying things can not possibly make me happy. For one, I also realized that people would have a hard time knowing what I stand for when I do not associate myself with brand name lifestyles(*). It has also been made obvious to me [...]Market Retirement Strategies Involve Risk
Updated: 2011-08-18 17:27:44“It’s best to leave stocks alone to recover from the loss and to draw instead on the fixed-income (bond) portion of your portfolio.” Katherine Reynolds Lewis, Bankrate, Inc., August 11, 2011 The above statement was made in an article titled “5 Fixed-Income Bear-Market Strategies for Retirement”. While this appears to be solid advice and mirrors “conventional [...]Aug 29, Staying In Timeshare Rentals
Updated: 2011-08-18 07:06:00Staying in timeshare rentals is a cheaper way to travel that not many people know about. Check out these frugal travel accommodations.Two Better Ways for Guaranteed Lifetime Income in Retirement
Updated: 2011-08-17 20:04:42In recent months the financial press has been filled with recommendations to use immediate annuities to lock up a lifetime income. Even the Government Accounting Office (“GAO”) recommends supplementing Social Security with a lifetime income annuity. In today’s low interest rate environment, immediate annuities that lock in historically low rates might not be a smart [...]