Saving for your children’s or grandchildren’s college education can seem like a daunting task, especially with the skyrocketing costs of higher education. Since 2000, the average annual cost to attend a U.S. college has more than doubled—and it shows no signs of slowing. According to Sallie Mae’s annual How America Pays for College report, American…

Read More

Today’s dollar buys far less than it did 10, 20, and 30 years ago—much like today’s dollar will not have the same purchasing power in 10, 20, and 30 years in the future, meaning that as time goes on, your money will not stretch as far as it did when you when you entered retirement.…

Read More

Have you ever heard your grandparent say, “I remember when a gallon of milk cost 30 cents!”? Shoot, you may even have examples from your lifetime! I remember when a gallon of gas was a little over a dollar—and I’m a millennial. There’s one big reason for these stories of “better times” when things cost…

Read More

Variable annuities can help you meet your long-term financial goals and provide a guaranteed income stream in retirement, but they are not without their drawbacks and considerations. It’s important to understand how variable annuities work and the benefits and risks involved. Variable annuities offer the strongest return potential with the highest risk of all annuities.…

Read More

The predictability and stability of a fixed annuity have made it a popular choice for some saving for retirement. Annuities offer a guaranteed income stream that can help supplement your other retirement income sources, like Social Security and 401(k)/IRA distributions. What Is a Fixed Annuity? A fixed annuity is one in which the annuity purchaser…

Read More

Annuities can provide supplementary income to your primary retirement savings. If you are looking to add some security to your portfolio with a guaranteed retirement paycheck and have several years before your retirement, a deferred annuity might be right for you. What Is a Deferred Annuity? A deferred annuity is an insurance contract in which…

Read More

Company-provided pensions are on the way out, but what if there was a way you could purchase your own “pension” of sorts? What Is an Immediate Annuity? Annuities, in general, are purchased as an income guarantee to supplement other retirement income, like Social Security and 401(k)s. They reduce the risk of outliving your retirement savings,…

Read More

Is investing in funds or stocks in alignment with your principles and beliefs important to you? If so, understanding what sustainable investing is and how you can make it work for you is the first step to making the move to more sustainable and socially responsible options. Sustainable investing is on the rise, but what…

Read More

When you hear the word “risk” in association with your money and investing, what do you feel? Are you excited about the opportunity for high returns or feel a thrill of investing? Or do you worry that you’ll lose a portion of your nest egg—or everything? Do you think risk is naturally par for the…

Read More