William Bengen’s 4% rule is approaching its 25th birthday. In the nearly three decades since his discovery of the safe withdrawal rate, much has happened. We’ve navigated the tech boom, and the housing bubble of the last decade, and are now riding a ten-year bull to new highs. Until last week!? A recent survey from...Continue Reading
Writing for Kiplinger.com, RetireOne® CEO David Stone addresses some old myth-making about variable annuities. As sure as the sun rises and sets, variable annuities will draw negative attention from some advisors and finance journalists. And typically, their criticisms are spot on. But those criticisms often pertain to older products sold for commission. VAs are evolving....Continue Reading
One of the enduring curiosities in wealth management is the slow adoption of no-load insurance products like annuities (see: Stone Writes in Advisor Perspectives about Slow RIA Adoption of No-Load Annuities). But things are changing. As more manufacturers, distributers, and technology platforms throw their hats in the ring, Retirement Income Journal Editor Kerry Pechter wonders...Continue Reading
We’ve added 3 new fee-based annuities from TIAA on the RetireOne platform including the Intelligent Variable Annuity®, Investment Horizon fixed annuity, and TIAA Single Premium Immediate Annuity. The Intelligent Variable Annuity With some of the lowest fees in the industry, the Intelligent VA grows the RetireOne accumulation solution set to help RIAs and fee-based advisors...Continue Reading
Client needs changing as fee-based advisors plan for rising rates and inflation. San Francisco, CA – August 1, 2018 – RetireOne adds two new solutions to the platform this month as RIAs and Fee-Based advisors look for alternative ways to meet client income needs, manage risk and navigate a rising rate environment. New additions include...Continue Reading
Experts have been weighing in on the slow adoption of no-load annuities and insurance-based solutions by RIAs. Certainly, a lack of non-commission products has been one of the culprits, but as more and more fee-based products come to market, why is adoption still low? Michael Kitces, recently quoted in a Ben Mattlin article in Financial...Continue Reading
Writing in Advisor Perpectives, RetireOne CEO David Stone provides some insights into how to examine client variable annuities. Some advisors hate them for their complexity, high cost, and lack of transparency. And because RIAs aren’t typically insurance licensed, when clients walk in to their offices with VAs, some would rather refer them to an insurance...Continue Reading
Dick Cotton updated his earlier post on The Retirement Cafe on Floor-and-Upside strategies. The floor-and-upside strategy for financing retirement is sometimes referred to as “safety first” and derives from The Theory of Life-Cycle Saving and Investing. The basic idea behind floor-and-upside is that a retiree devotes some of her retirement funding assets to building a...Continue Reading
Prudential’s recent research study found that about half (51%) of retirees retired earlier than planned. While early retirement may seem like welcome news, only 23% retired earlier than planned because they either had enough money to retire, wanted to retire, or were tired of working. Forty-six percent of those who retired earlier than expected did...Continue Reading
According to Dick Cotton in Retirement Cafe, one of the most common mistakes retirees make is looking at a good return on a nearly risk-free investment and concluding that they would do better in the stock market because it has a higher long-term average return. Long-term market return averages are interesting when an investment portfolio...Continue Reading
