Lottery Payout Options: Annuity vs. Lump Sum (2026)
How Powerball and Mega Millions annuity payments work, how they are taxed, and how to decide between the lottery lump sum and the 29-year annuity.
Annuity Date Explained: Key Insights & Significance
Understanding the Significance of Annuity Dates Annuity dates play a crucial role in financial planning. They determine when you start receiving income from your annuity. Understanding these dates is essential for anyone considering an annuity purchase. Annuity dates can be immediate or deferred. Immediate annuities start payments soon after a lump sum is paid. Deferred […]
Individual Retirement Accounts (IRAs)
An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis.
The Power of 403(b) Plans: Building a Secure Retirement
A 403(b) plan is a retirement plan offered by public schools and certain tax-exemt charities. In general terms, it is a school teachers 401(k).
Understanding What Happens During a Recession: Effects and Strategies
A comprehensive guide explaining what happens during a recession and steps you can take to prepare.
Can I Retire at 60 with $500K?
How Much Do I Need to Retire at 60? Are you approaching your 60th birthday with a nagging question on your mind – can I retire comfortably at 60 with just $500K in savings? It’s a common concern for many who have spent decades working hard and saving diligently for the golden years. But, the […]
Understanding the SECURE 2.0 Act of 2022: A Comprehensive Guide
Summary of SECURE 2.0 Act Changes You Want to Know As we begin 2023, the SECURE 2.0 Act is set to become one of the most talked-about legislative measures affecting the retirement savings landscape in the United States. SECURE 2.0 makes significant changes to existing retirement laws in an effort to promote retirement savings and […]
Charitable Gift Annuities – The Definitive Guide in 2025
A Charitable gift annuity (CGA) is a contractual agreement between a donor and a charity in which the donor makes a single gift to the charity in exchange for guaranteed lifetime payments.
6 Annuitization Payout Options & How They Work
Annuitization is the process of converting a lump sum into an income stream guaranteed for life or a certain number of years (payments begin immediately).
How to Calculate How Much Money You Need to Retire
How Much Do I Need to Retire? According to Fidelity Investment’s Retirement Mindset Study, only 18% of Americans have a comprehensive written retirement plan. In this guide, we’ll walk you through the factors that impact how much money you’ll need to retire. We’ll also explain how to calculate the income you’ll need, step-by-step. How to […]
JourneyGuide Retirement Planning Calculator
Journey Guide: A Holistic Retirement Planning Calculator If our Retirement Planning Calculator was a car the JourneyGuide would be a Porsche 911 GT2. Most financial planners and retirement planning calculators focus on asset accumulation and still rely on a “4% Withdrawal Rule” that was created using historical data from 1926 to 1976. Our holistic retirement […]
What is my Social Security Full Retirement Age?
What is my Full Retirement Age? To begin planning your Social Security withdrawal strategy you will need to know your Full Retirement Age (FRA). “Full retirement age” used to be 65 for everyone; however, it now varies based upon what year you were born. If you were born after 1951, you’ll be eligible to receive […]
Immediate Annuity Payouts
How Much Do Immediate Annuities Pay in 2021 A $100,000 Immediate Annuity would pay $449 monthly assuming you buy the annuity at age 65 and begin payments immediately. Assuming the same scenario, a 65-year-old female would receive $421 per month. What are Immediate Annuity Payouts Today? To give you an idea of what a $100,000 immediate […]
Are Annuities a Good Investment for Retirement in 2024
Are Annuities a Good Investment for Retirement Today? You have likely made contributions into a 401(k) or an individual retirement account (IRA) as a way to grow your retirement nest egg. An annuity is another option for retirement savings, but are annuities a good investment for retirement? Technically an annuity is actually an insurance contract, […]
How to Leave a Legacy to Your Grandkids with Annuities
A Simple Annuity Wealth Transfer Strategy Anyone Can Implement When you hear a financial advisor talking about wealth transfer strategies Life Insurance is almost always at the heart of the conversation which certainly makes sense. However, I’ve often seen situations where a client isn’t healthy enough to purchase life insurance, at least not at a […]
The Secure Act & Your IRA: What You Need to Know
What is the SECURE Act? Independent annuity marketplace Real annuity rates from 90+ companies. No email required. We are an independent brokerage, not a lead seller. Compare today’s guaranteed rates, see exactly how we get paid, and speak with a licensed agent only when you decide you want to. Written by Jason Caudill, MBA Founder […]
