Did you know that one out of every three 65-year-olds today will live past the age of 90? As life expectancy continues to rise, individuals are faced with not only the issue of funding their own (potential) 30-year retirement, but also that of their parents. …
According to the Pension Rights Center, 2009 is on track to have substantially more companies freezing the pensions of their employees than 2008. Soon to be retirees really need to look over their options with a fine toothed comb. The economy is likely to recover. …
The Retirement Income Reporter recently published an article highlighting New York Life Insurance Company’s selling a total of $1.2 billion of income annuities during 2008. About $850 million was sold through New York Life’s own career agency. Over $100 million worth of AARP Lifetime Income …
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