<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=319290&amp;fmt=gif">
Join NAIFA
LIAM5-hero-image3

NAIFA Supports Life Insurance Awareness Month

8 min read

Reverse Mortgage Loans: Imaginative Ways They Can Be Used in Retirement Planning

By Harlan Accola on 9/16/22 10:39 AM

Here are three ways people 62 and older (working in tandem with their advisors) can incorporate reverse mortgages into sound retirement plans to potentially improve retirement outcomes.

When it comes to making savings last over a lengthy retirement period, retirees have no shortage of obstacles to contend with: soaring inflation, longer life expectancy, volatile markets, exuberant long-term care costs — the list goes on and on.

Reverse mortgages can help solve many challenges in retirement. But too often the strategic use of home wealth, and consequently reverse mortgages, is something older-adult homeowners and their advisors fail to consider. Two big reasons why reverse mortgages are often omitted from the retirement-income planning conversation are outdated misconceptions and enduring perceptions about how reverse mortgages work and how they are best used. And that’s unfortunate because today’s reverse mortgages have some powerful features — along with recently enhanced consumer protections — that can make them a valuable and effective tool in retirement planning.

Topics: Retirement Planning Retirement Reverse Mortgages
1 min read

Fairway Presents Webinar on Retirement Risks in a Post-COVID World

By NAIFA on 6/17/22 11:05 AM

Join us on July 8, 2022, at 11 am eastern for the webinar "Retirement Risks in a Post-COVID World."

Financial services speaker and bestselling author Joseph Jordan will identify the challenges facing the insurance and financial services industry after the COVID-19 pandemic ends and address the six retirement risks consumers should consider:

  • Longevity – Risk of Outliving Assets
  • Market and Interest Rate Risk
  • Withdrawal Rate Risk
  • Sequence of Return Risk
  • Purchasing Power/Inflation Risk
  • Health Risks
Topics: Retirement Planning Retirement webinar COVID-19 Retirement Plans Pandemic Potential Partners for Advisors
2 min read

Disability Insurance Helps Safeguard Retirement Savings, Research Shows

By NAIFA on 5/27/22 2:00 PM

New research from LIMRA and Life Happens, almost a quarter of Americans say they would dip into their retirement savings if they experienced a disability. But between tax penalties and loss of the opportunity for compounding interest, an early withdrawal can do more harm than good.

Topics: Disability Insurance Retirement Planning Financial Planning Research Planning in Advance Retirement Research/Trends
4 min read

Retirement Regrets – Does Retirement Live Up to Expectations?

By Coventry on 9/28/21 10:15 AM

Ah, retirement. The reward at the end of years in the labor force, of saving and investing and planning for financially sound, restful, and even adventure-filled golden years. Millions of Americans enter retirement annually, but increased reliance on Social Security income and Covid-19’s impact on employment, access to social supports, and mental and physical health have altered the retirement experience for retirees across the U.S. With retiree numbers significantly increasing in the last year and predictions of more to come at an accelerated rate, we wanted to know if retirement still lives up to expectations. Are retirees experiencing the retirement they expected, or do they have regrets? 

Topics: Life Insurance Retirement Life Settlement Limited & Extended Care Planning Center Potential Partners for Advisors
3 min read

Longer Retirements Signal Need for Lifetime Income Strategies

By NAIFA on 1/6/21 6:03 PM

Guaranteed income strategies have emerged as underutilized methods to not only help people save for retirement, but also provide a stream of income to sustain them during potentially longer life spans.

Topics: Retirement Strategy
2 min read

Your Retired Clients Need Not Be Stunned by the Market Downturn

By Shelley Giordano on 5/6/20 11:56 AM

The rapidity is which the economy toppled due to the pandemic was startling, to say the least. Coming off a record 11-year bull market, many retirees may have been lulled into thinking that their retirement accounts would continue to increase indefinitely. Suddenly faced with a portfolio drastically reduced in value, retirees scrambled to find a substitute for selling invested funds at a loss.

Topics: Financial Planning Retirement Reverse Mortgages
1 min read

401(k) Balances Nearly Double Since Recession

By NAIFA on 9/30/14 3:31 PM

401(k) account balances have gone up 93 percent, nearly double since the economic downturn in 2009, according to the latest research from the Principal Financial Group. While much of the increase reflects a rebounding market, the study found a significant increase in participation and savings rates since the market collapse, with account balances rising 17 percent in 2013 alone, to an average of $54,000.

Topics: Retirement Grow Your Business
1 min read

Women More Concerned about Money in Retirement Than Men

By NAIFA on 9/16/14 1:51 PM

A LIMRA Secure Retirement Institute survey reveals that among consumers aged 50 -75 with $100,000 or more in household income, women are more likely than men to be concerned about running out of money in retirement (46 percent vs. 35 percent).

Topics: Retirement Grow Your Business consumers LIMRA
1 min read

401(k) Balances Nearly Double Since Recession

By NAIFA on 6/24/14 2:32 PM

401(k) account balances have gone up 93 percent, nearly double since the economic downturn in 2009, according to the latest research from the Principal Financial Group. While much of the increase reflects a rebounding market, the study found a significant increase in participation and savings rates since the market collapse, with account balances rising 17 percent in 2013 alone, to an average of $54,000.

Topics: Retirement Grow Your Business finance
1 min read

Retirement Income Opportunity to Hit $22 Trillion by 2020

By NAIFA on 6/5/13 11:43 AM

According to LIMRA research, investible retirement assets of U.S. households aged 55+ will nearly double to $22 trillion by 2020.

Topics: Retirement Grow Your Business industry news LIMRA

Featured

Advanced Practice Symposium - Philadelphia

THANK YOU TO
OUR ADVERTISERS

AT Asks!

Loading...