List Price: $ 92.38
Price:
[/random]
Having Whole Life Insurance During Retirement Can Be Profitable
Wholelifeinsurancecompanies.org (http://wholelifeinsurancecompanies.org/) announces a new blog post, “Can Whole Life Insurance Be Profitable During Retirement?” Share on Twitter Share on Facebook Share on Google+ Share on LinkedIn Email a friend …
Read more on PR Web (press release)
LinkedIn Help – 3 Key Tips for Generating More Visibility
Here are three key ways for you to consider adding to your tactical plan: 1. Search Engine Optimize (SEO): … For instance, if you specialize in digital marketing, perhaps you can also use digital marketing strategist, content marketing, graphic …
Read more on Business 2 Community
For some retirement may seem like it is a long way off. For others retirement may be rapidly approaching. No matter how close it is, now is the time to start investing. With the stock market on the rise again, it may be years before you will have an opportunity like you can have now. So how do you get started?
You cannot save for retirement. The cost of living and inflation will always out run any small amount of interest that you might earn. Social Security will continue to be unstable with many doubts to how long it will last. Investing is the only way you can create enough money to enjoy your golden years.
Things have changed; years ago you could count on working for the same company for many years. They would offer you a great retirement plan and a gold watch. Now company retirement plans are insecure at best and nonexistent at the worst. The best scenario with a company retirement plan is if they offer a 401k with matching funds of any type. This will leverage your dividends and your return on investment. If you have this option try to contribute the maximum that they will allow you and that they will still add matching funds.
Next you have many options. The most secure is certificates of deposits and money market accounts. These are great if you can stand a lower return with little to no risk. In most cases though the time required to build up a good income will make this a bad investment.
You can invest in stocks, bonds and mutual funds. Be prepared for the long haul with these investments. Do not look at it as something you need to buy and trade on a daily basis. The average investor in the stock market that sees the biggest gains is the investor who puts 10-20% of their income in to long term stable stock for growth and dividend.
Then reinvesting the dividends back in the same stock will get the best return for your money.
Better still is investing in Individual Retirement Accounts (IRA). IRA’s are not taxed until you withdraw the money and will allow you in some cases a tax deduction. The best option on IRA’s is a Roth IRA. You pay taxes on the money you invest and do not get an upfront tax break. When you withdraw money after you retire though, you pay no federal income tax. Roth IRA’s can be open at most banking institutions.
The most important parts of investing in your retirement is to choose a plan and to invest the most money possible for the longest period of time. Most people wait until it puts a stain on their lifestyles to start and then have to suffer through tight financial times during their golden years. Make your retirement a golden time start now.
To get more great tips and advice on your personal financial plan check out the resource box below. Then join my blog.
Who is Mike Gordon? Mike Gordon is a successful business owner and business coach with over 40 years of successful entrepreneurial experience under his belt. Mike can be found at his blog http://www.whoismikegordon.com Join Mike as he talks about strategies to get your personal finances in order. For more retirement planning tips and personal finances sign up for updates from http://www.whoismikegordon.com
Many people save towards their retirement with personal and occupational pension schemes. Most of the schemes can be categorized as money purchase schemes. This means that when the person retires the money invested in the pension fund is converted to cash and used to purchase an annuity. There are many different options when purchasing one of these products, such as level and escalating annuities, and single life or joint life annuities. This article explains some of those options, and shows how an annuity quotes can be used to let a person estimate the amount of retirement income they will get.
Most pension schemes other than final salary schemes, and other defined benefit schemes, can be categorized as money purchase schemes. A person, and possibly also their employer, make contributions into a pension fund, which is invested in the financial markets with the intention of building up a suitably large pension pot by the date of the person’s retirement.
On retirement the pension pot is then used to purchase an annuity. These are a type of insurance, which are sold by life insurance (or life assurance) companies. They provide a guaranteed lifetime income, regardless of how long the pensioner lives for. This is desirable as it protects pensioners from the danger of exhausting their pension pot.
Those who buy an annuity to provide a retirement income will normally have one of the following types of pension: a personal pension, a stakeholder pension, an Additional Voluntary Contribution (AVC) or Freestanding Additional Voluntary Contribution (FSAVC) scheme, or a retirement annuity contract. Those who are members of an occupational defined contribution scheme may find that the scheme managers purchase the annuity for them, but they are entitled to choose the type of product which they want.
There are many different types of product, allowing the retired person to choose something suitable for their needs. The most basic choice is between a single life or a joint life policy . Joint life annuities will provide a pension for a person’s spouse or partner. These are therefore most normally chosen by couples, unless the spouse or partner already has an independent source of retirement income.
Another choice which can be made is between a level, and an escalating annuity. Level annuities will pay out the same income throughout the rest of a person’s life, while escalating annuities will constantly increase. The increase may be a fixed rate (e. G. 3%), or it may be linked to the Retail Price Index (RPI).
A third option involves a guarantee period. With a standard policy, if the pensioner was to die very soon after buying the annuity, the payments would simply stop. This would mean that the pensioner’s estate did not really benefit from that person’s lifetime of saving. With a guaranteed annuity, the life assurance company will pay the annuity for some predetermined period (usually five or 10 years) even if the pensioner dies.
All these options affect the amount of retirement income. For example a joint life policy will pay out less than a single life policy, because the life company have the additional commitment of funding the spouse’s pension. An annuity quotes is a simple online tool, which allows a person who is approaching retirement to estimate the effect of different options on their retirement income.
When approaching retirement it is vital to shop around using the open market option and to make sure that you use a broker that advises from the whole of market for annuity quotes.
Is The New myRA Plan Your Best Bet To Save For Retirement?
According to the government's proposal, the Treasury will design a fund that will be similar to the Thrift Savings Plan Government Securities Investment Fund (G Fund), which pays a variable rate to federal employees. Because it is backed by the …
Read more on SYS-CON Media (press release)
Mind your digital manners
Ann E. Answers aspires to be the digital etiquette diva of the Twin Cities (and the Internet), voiced by the staff at Goff Public, a public relations and public affairs firm in St. Paul. Being in the communications … Their advice became a blog, and …
Read more on Minneapolis Star Tribune
Why Should You Give Back to Your Alma Mater?
says Rosemary Guzman Hook, a certified career consultant and owner of Hook the Talent. … Hank Coleman is a financial planner and the publisher of the popular personal finance blog Money Q&A, where he answers readers' tough money questions. Follow …
Read more on DailyFinance
Retirement Unlikely For Some Blue-Collar Americans
He said the biggest concern for most is succession — whether any children want the farm once a farmer retires. "Now, statistics pretty well show that about two-thirds of farm families … "To plan for retirement in today's economy is very, very hard …
Read more on NPR
Fiat-Chrysler to seek NYSE listing this year
Banking sources said CNH Industrial, a sister company to Fiat-Chrysler, is a template for the governance and corporate structure of a fully integrated Fiat-Chrysler. Born out of … It also shifts focus sharply on to succession planning at the group …
Read more on Financial Times
Consider Many Retirement Investment Options and Diversify Portfolio
Here at Hypo Venture Capital Zurich we are committed to offering our clients access to the latest and broadest range of financial services and products on the market. We know that choosing the right strategy, the right investment and the right product is no easy task in this day and age! Whether its advice, investments or financial planning we are here to answer all your questions and facilitate all your financial needs.
There are so many options for retirement investment planning that even the most ambitious person can feel daunted. But learning about retirement investment strategies as a young or middle-aged adult can save all kinds of financial worries later. The soundest approach to investing for retirement is to save slowly but persistently, and invest widely with as much information as possible.
The Best Approach to Retirement Investing
Every expert has a different recommendation for the best retirement investment decisions, but some advice is universal:
1. Figure out how much retirement income will be needed. Retirement investment calculators are available online that can predict how much a given investment will be worth or how much retirement income will be needed to maintain quality of life by retirement.
2. Start now by opening an investment retirement savings account. Even a small amount, deposited every week or every paycheck, eventually adds up to substantial savings that can be used to fund a comfortable retirement.
3. Knowledge is power. Take every opportunity to learn about retirement investments, as well as the best investment planning in general, and invest money from the aforementioned retirement account wisely as opportunities appear.
4. Create a diverse portfolio. Some stocks will go up while others go down. The real estate market might be booming while sales in other areas fall. The best retirement investment planning takes this into account and invests in several different options at once to ensure a solid investment portfolio that will do well, no matter what.
Retirement Investment Options
There are many retirement investment strategies available. While the best investment plan is always to diversify, with several investments, the following options are a key part of most investment strategies aimed at yielding retirement income:
• Annuities – An annuity works like the opposite of a mortgage. Money is invested in advance, and in retirement years the annuity pays out principle and interest on the investment.
• GICs – GICs guarantee a fixed rate of interest if money is left in an investment for a pre-arranged period. Once the term of the GIC is up, retirement funds can be reinvested again until needed.
• Stocks, Bonds, and Mutual Funds – While there are differences, each of these investment vehicles is a way to speculate by investing money where it may grow – or may, possibly, shrink. The riskier the investment, the greater the potential earning. It’s wise to invest a portion of retirement savings in riskier investments like stocks and mutual funds, if thorough research suggests that they have a good chance of succeeding in delivering a healthy return on investment.
• Home Equity – Real estate is always a smart investment, and paying off the family home before retirement is one of the smartest investments. House values will only rise over time, and home equity can also be used in a reverse mortgage or withdrawn in a lump sum home equity loan if money is needed to supplement retirement income.
The best move, for anyone thinking about investing for retirement, is to learn as much as possible about retirement investment strategies and consider all the options in selecting investments. Speaking with a qualified financial advisor is a first step on the way to a solid investment strategy, and the first step to a profitable retirement portfolio.
About the Author:
Stephen Holmes is a Senior Vice President at World Assets Advisory, with experience in the Financial Services industry spanning over 25ys and 3 Continents. Stephen currently directs the Portfolio Risk Management Group after moving from the Equity Derivatives Research Group 3yrs ago. He has a PhD in Experimental Particle Physics and has been working in the alternative investment industry since 1992. His interests include classical music, reading and he often is a guest speaker at corporate functions with a focus on ‘Technology in Society’.
Want to know more?
Hypo Venture Capital Zurich, Switzerland is an independent investment advisory firm which focuses on global equities and options markets. Our analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best possible investment decisions. All views, comments, statements and opinions are of the authors. For more information go to www.hypovc.com
Here at Hypo Venture Capital Zurich we are committed to offering our clients access to the latest and broadest range of financial services and products on the market. We know that choosing the right strategy, the right investment and the right product is no easy task in this day and age! Whether its advice, investments or financial planning we are here to answer all your questions and facilitate all your financial needs.
Find More Venture Capital Articles
![Buying Investment Properties with Your IRA...or 1031 Exchange Diversify Your Retirement Portfolio! [Paperback] [2011] (Author) Diane Moberg](https://ecx.images-amazon.com/images/I/51lyonDLe2L._SL160_.jpg)
