Category Archives: Financial Planning

Financial planning for retirement stories for Baby Boomers and Seniors

For Safety Minded Retirement Savings the Certificate of Deposit (CD) is Still King

Posted on January 16, 2011 by Robert Fowler

Regardless of the trend of recent decades toward greater sophistication in retirement savings, the certificate of deposit, or CD, is still king. The obvious advantage of the CD over traditional savings accounts is that they typically yield significantly higher interest; with the primary drawback being the commitment that one incurs to maintain the deposit for a specified period, usually from six months to five years. Continue reading →

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Should Annuities Be a Part of Your Retirement Portfolio?

Posted on January 2, 2011 by Robert Fowler

Oh, the irony. Annuities are taking a bad rap these days, at a time when they should be held up as the ultimate retirement solution in many cases. Over the last decade, annuity products have evolved tremendously, offering features previously unheard of; while during the same period, the market has driven seniors away in droves. Continue reading →

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