Retirement Archives - RPM Agency

How to Reevaluate Your Finances Later in Life

According to data from PricewaterhouseCoopers, many Americans are in the so-called “middle market” of retirees, with somewhere between $100,000 and $1 million saved for retirement. The data also reveals that roughly half of Americans aged 55 or older have less than $100,000 in retirement savings, which is not enough for a traditional retirement. Some financial […]

Annuities: One Leg of a Three-Legged Stool

Financial planners often use a simple analogy to explain retirement income: a three-legged stool. The three legs symbolize Social Security, pensions, and personal savings. But where do annuities fit? On one hand, an annuity is a self-created pension plan. On the other hand, an annuity is created from personal savings. But it may be best […]