Why Are Annuities Good Investments?
Annuities are distinct from other financial vehicles because they are an insurance product. They’re ideal for those who take a more conservative approach to investing and feel more comfortable with something that offers concrete guarantees rather than possible diminishing returns. How Do Annuities Work? When you purchase an annuity, you can choose between immediate and […]
Retiring In 2023? Here’s How To Prepare!
Retiring requires years, often decades, of working diligently to set aside earnings while being able to provide for yourself and your loved ones. It’s no easy task, but with the right financial strategy, it can be made simpler. When you implement these strategies, you can retire with confidence and peace of mind. Incorporate Growth Investments, […]
Preparing for Retirement With Hometown Financial Group
Retirement can be a tricky bit of water to navigate. We all know it’s coming, but we don’t know how to prepare for it. Below, we will look at how you can prepare for retirement. Planning Your Retirement Planning for retirement means planning your finances to have enough to live comfortably after retirement. While other […]
What to Do if You Didn’t Plan for Retirement Young
Most advice you hear about retirement will tell you to start planning yesterday – as soon as you enter the workforce full-time, you should be planning and saving for retirement. This means setting money aside, ensuring your employer matches your 401k contributions, creating an investment portfolio, and, most importantly, having a vision for your eventual […]
How To Start Planning for Retirement in Your 20s
Retirement is probably the last thing you’re thinking about in your 20s. After all, your retirement is still decades away. This is the main reason people avoid saving up for their golden years. If you’re in your 30s or 40s, you might be more concerned with getting a house and starting a family than saving […]
Retirement Insurance: A Breakdown of What Employers Need to Know when Matching an Employee’s Contributions
Statistics show that 68% of employees in the private sector had access to retirement benefits through their employer in 2021. As part of a comprehensive benefits package, many firms offer a match on contributions to encourage retirement savings and boost employee retention. One of the benefits that employees find most tempting is an employer contribution […]
Retirement 101: Insurance
As you get older, it’s important to consider your retirement and financial security. Retirement planning is a process you put in place to ensure that you have a source of income when you can no longer earn it yourself. The process involves various considerations, including the amount you will need during retirement and choosing the […]