It sounds too good to be true: You give an insurance company a sum of money, and they promise to give you a check for as long as you live. This is what’s called a “single premium immediate annuity” (SPIA). It’s essentially a form of insurance. To the recipient, it works like an employer pension […]
The Pros and Cons of Income Annuities Read More »
Tim Berry wishes he had discussed long-term care insurance with his parents. When Tim’s dad had open heart surgery, the family was told there was only a 3% chance of anything going wrong. But in the days following the procedure, Mr. Berry suffered a stroke. “His mind was wiped out,” Tim told the Asset Protection
Long-Term Care Insurance: Waste or Wise Move? Read More »
How do you know if your investment manager is doing a good job? (Especially when the markets are so volatile.) Before we answer that question, let’s remember what an investment manager is and isn’t. A good investment manager is not… 1. An Economic Alchemist. In ancient times, alchemists were individuals who claimed the ability to
What an Investment Manager Is (and Isn’t) Read More »
Speak with an Advisor