When Entitled Children Jeopardize Their Parent’s Retirement

posted in Retirement Oct 15, 2019


When meeting with clients to discuss their risk tolerances and explore potential “what-if” scenarios, you’ll likely uncover many concerns. Topping the list of possible threats to someone’s nest egg will undoubtedly be market downturns, healthcare costs, or even outliving their retirement savings.

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Bonds Or Annuities? Which Generates More Retirement Income?

posted in Retirement Oct 8, 2019


So, this article’s headline grabbed you, and you want a knock-down battle between bonds and annuities. We’ll get there, but let’s first take a moment to review why having some guaranteed sources of lifetime income (in addition to Social Security) is often recommended by financial advisors.1

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3 Financial Risks For Retirees 75+

posted in Retirement Oct 1, 2019


The population of Americans age 75 and over is projected to double by 2040.1 That’s even after taking into account that life expectancy numbers have dropped slightly for three straight years (mostly due to upticks in drug overdoses and suicides).2 The fact is that more and more Americans will reach advanced ages.

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5 Trends Reshaping Retirement As We Know It

posted in Retirement Sep 3, 2019


As recently as two decades ago, retirement was seen by many as a fixed, reliable life milestone. You reached a certain age and immediately shifted into relaxation mode. Today, however, retirement looks and feels different. A new career choice is common, some may pursue hobbies, or a retiree could dedicate a majority of time to volunteering.

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CUNA Mutual Group Recognized on Barron’s Top 100 Annuities Lists

posted in Retirement Aug 6, 2019


Deferred income annuity makes repeat appearance; MEMBERS Zone Annuity debuts in new Floor-Style category;

MADISON, Wis. – CUNA Mutual Group announced that Barron’s included several of its products in “The 100 Best Annuities” feature. The MEMBERS® Future Income Annuity, which turns a lump sum of money into a lifelong income stream and appeared on the publication’s Deferred Income Annuity pension and longevity lists for the second consecutive year. In addition, the MEMBERS® Zone Annuity, which lets investors control their maximum potential annual loss, debuted on the publication’s first-ever Floor-Style list.

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How a Couple’s Age Gap Affects Their Retirement

posted in Retirement Jul 9, 2019


In general, people marry someone close in age. However, when it comes to remarrying, the numbers shift a bit, which likely won’t surprise you.

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Charitable Giving During Retirement: How Men and Women Differ

posted in Retirement Jun 18, 2019


If may be no surprise to read that overall spending of men and women in the five years before and after retirement declines by an average of 16%. You’ve likely heard that from your clients at some point. Even with that overall spending drop, a household’s charitable giving remains steady, according to a report by the Women’s Philanthropy Institute (WPI).1

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Retiree Health Care Costs: the Good, the Bad, and the Ugly News

posted in Retirement May 28, 2019


Your clients nearing retirement age are hopefully looking forward to many peaceful and rewarding years ahead. However, health care costs could add some unexpected stress to their “golden years.” Let’s dig into the good/bad/ugly news and uncover what you can do to help. We’ll start with the bad news…

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Understanding the Impact of Divorce on Retirement

posted in Retirement May 7, 2019


As the saying goes, breaking up is hard to do. Still, the current divorce rate stands around 40 percent, having declined from around a 50 percent marriage failure rate in the 1980s.1

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The 5 Most Important Decisions Before Retirement

posted in Retirement Feb 12, 2019


Those nearing retirement often think about the places they’ll go and the things they’ll do with all their new-found free time. Before dreaming of what they’ll do, however, soon-to-be retirees need to determine when they’ll make some major decisions leading up to that time.

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