More than 65 million Americans, living in about one in four households, receive Social Security benefits, with about 70% going to retired workers and families and the rest going to disabled workers and survivors of deceased workers. Every month, approximately 10,000 baby boomers retire. Usually one of the first things they think about is social Read more
BAM Economics Update Fourth Quarter 2015
The first few weeks of 2016 has been difficult for most investors. The Markets began 2016 by cratering after a volatile second half of 2015. January first through January 13th has been horrible with market declines of (-7.25%) in the Dow, (-9.61%) in the NASDAQ Composite and (-11.4%) in the Russell 1000. We think the Read more
Annuities – A Brief Overview
An annuity is a contractual relationship between an investor and an insurance company that is designed to meet retirement or other long-range cash flow goals. As insurance products, annuities are defined by a contract between the investor and the issuing insurance company. In this contract, the insurance company usually agrees to make either a lump-sum Read more