Retirement

Wealth Preservation through Annuities, or Why Mike Tyson Should Have Purchased an Annuity

According to a 2009 article in Sports Illustrated, 78 percent of former NFL players have gone bankrupt or are under financial stress within two years of their retirement, and 60 percent of former NBA players are broke within five years of their retirement.

Doctor Brandon Colby on Predictive Medicine, the Power of Prevention and Planning for a Long Retirement

Brandon Colby, MD, is a world leader in the field of...

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Low or No Surprises Supports the Case for Annuities in Retirement

In a basic sense, information theory measures the level of surprise in a message.

A highly informative message will come as a complete surprise and tell you something about which you had no previous knowledge.

Sounds pretty good, right—of what use is it to be told what you already know?  Well, there are actually cases where information is not so welcome.

Key Phrases Autotag: 

Why Even Bother with Self-Service Investing During Retirement

I have a huge amount of sympathy for many of the people who are recently retired or close to retirement.

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U.K. Government Considering an End to Compulsory Annuity Purchases

British lawmakers are considering an end to the law that requires many U.K. retirees to purchase an annuity by the time they turn age 75. As an interim step, the U.K Chancellor modified the current law so that the age for compulsory annuitization is increased to 77 from the current level of 75 years of age.

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