Record On Wall Street Spurs Talk Of Retirement Planning

Wall Street’s recent record-breaking performance has prompted financial planners to urge people saving for retirement to review their assets. The Dow Jones Industrial Average ... Continue Reading →

Never Too Late to do Retirement Planning

Some of the assumptions we’ve made for generations about the best way to save and plan for retirement may no longer be true. The decline in housing and stock prices beginning ... Continue Reading →

Cigna Paying Berkshire $2.2 Billion to Take Annuity

Cigna Corp. (CI) struck a deal with Warren Buffett’s Berkshire Hathaway Inc. (BRKA, BRKB) that will transfer up to $4 billion in obligations pegged to once-troublesome annuity ... Continue Reading →

New Annuity Guarantees Raise Questions

The latest products from insurers are less expensive. But regulators—and consumers—remain wary. With millions of baby boomers headed to retirement without old-fashioned pension ... Continue Reading →

Solving the Riddle of the Immediate Annuity

Only about 3% of insurance policies sold are immediate or income annuities. Policyholders often can’t get access to cash once they sign the annuity contract. Plus, if they die before ... Continue Reading →