Another topic too detailed to address in this summary, but optimizing your social security benefit is one of the largest decisions
you face as a retiree.
Not exact matches
More from Advisor Insight: Key takeaway: The average
retiree will see Social Security benefit decrease 3 key financial lessons I learned from playing golf Let's
face it, there's no such thing
as free financial advice
The survey includes younger generations
as well
as current
retirees who offer wisdom about their pre-retirement presumptions and plans — and the realities they are now
facing in their post-working years.
Pedigree: Though the younger set know him
as the grumpy
retiree who makes squinty
faces at Ben Stiller, De Niro was once considered the greatest actors of his time, winning Oscars for The Godfather, Part II and Raging Bull.
The district
faces rising pension costs, vastly underfunded
retiree health benefits and union pressure to raise salaries — all
as declining enrollment is draining financial resources.
In a recent article in the New York Times, Jean Chatzky, the financial editor for NBC's Today Show, offered some insight into how deferred annuity products like indexed annuities are poised to make a difference in the financial future of a class of
retirees facing a number of unique issues such
as increased longevity and insecurity in pensions and social security.
This is the same issue that
faces every state in the nation (except Wisconsin) and the Federal Government over their
retiree health care programs; they didn't set aside money for the future payments, but decided to pay -
as - it - goes.
As you hopefully know, there are numerous types of annuities that are designed to address a specific risk or groups of risks that many
retirees face.
This is essential
as the level of interest rates will largely define the return environment a
retiree faces and therefore determine the amount of expected retirement income.
Faces of the Campaign is an ongoing series featuring our key organizers and stakeholders involved in «Put A Price On It, D.C.» Our coalition — more than 45 groups
as of this writing — is comprised of racial justice activists, union workers, health advocates, moms, dads, kids,
retirees, and business - owners alike.
Baby boomers are
facing more risks
as retirees than previous generations.