Tag: longevity insurance
What’s the “new” conversation we should be having about retirement income? Mary Beth Franklin of Investment News and Kimberly Lankford of Kiplinger’s Personal Finance tell us how the typical approach changed and the new tools we should use for guaranteed income that lasts a lifetime.
CONSUELO MACK: This week on WealthTrack, the new architecture for retirement. Personal finance pros Mary Beth Franklin and Kim Lankford discuss the different building blocks now needed for a secure financial future and why insurance will be an important part of the foundation, next on Consuelo Mack WealthTrack. Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. What is the next big thing in investing? For your answer, think baby boomers and their retirement. The baby boom generation, some 71 million Americans born between 1946 and 1954, have had an outsized impact on the economy, markets and
Whether you are male or female, everyone worries about running out of retirement savings. Women worry about becoming bag ladies in their old age and men focus too much on performance numbers, which isn’t always the best way to plan for the future. Our two guests on WEALTHTRACK this week, Mary Beth Franklin, part of our WEALTHTRACK brain trust and a contributing editor for InvestmentNews, and Erin Botsford, founder and CEO of the Botsford Group, will answer a lot of questions about retirement and why women are so different from men in their approach to planning for the so-called “Golden Years”.
CONSUELO MACK: This week on WealthTrack, plotting a course towards a secure retirement. Award winning financial advisor Erin Botsford and social security expert Mary Beth Franklin map out the strategies and products you’ll need to anchor your financial future, next on Consuelo Mack WealthTrack. Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. Here’s a shocker. Almost half of American women fear becoming a bag lady someday! And even among the affluent- those are women in households with annual earnings of $200,000 plus- 27% fear living on the streets in their old age. Are these fears justified?