How Safe is Your Money?

The Top Three Custodians of Retirement Funds are Wall Street, Banks, and Insurance Companies. Wall Street offers the greatest level of uncertainty. There is no Federal Bail-Out when you lose your Retirement Savings. Currently retirees and pre-retirees are...
The Annuity Puzzle – Richard Thaler

The Annuity Puzzle – Richard Thaler

THALER’S CLASSIC PAPER FROM 2012 IMAGINE a set of 65-year-old identical twins who plan to retire this summer after long careers. We’ll call them Dave and Ron. They have worked for different employers and have accumulated retirement benefits worth the...

Long-Term Care and Hybrid Policies

A BETTER SOLUTION January 05, 2021 Think about this: The chance of your house burning down or sustaining other damage is 1 in 1200, or less than 1/10th of one percent, according to AccuQuote. The odds you will use your auto insurance for a claim on your car is 18...

How to access your 401K prior to 59 1/2 without penalty

HOW CAN I GET ACCESS TO MY 410K? I get this question regularly. It reminds us again how restrictive these accounts can be! The government controls your money, telling you when you can access it, and placing huge restrictions on its use. Early withdrawals from 401(k)...