Anyone considering retirement during 2020 and 2021 faces an uncertain financial situation in the near future. But one way to help make retirement work even during the expected deep recession is to use annuities to create a stable nest egg. How can you use an annuity strategy to provide income and protect your money? Here are three ways to do it. 1. Immediate Annuity An immediate annuity is a contract in which you deposit a lump sum of money with an annuity provider who then pays the owner in the form of monthly checks.
22 April 2020
Do you need to use bankruptcy to help get yourself out of debt? As you may be aware, the unfortunate effect of this form of financial relief is the big impact on your credit. Here are some questions you likely have about repairing your credit after bankruptcy. How Can You Avoid Falling Back Into Debt After Your Bankruptcy? The first step to avoid falling back into debt after a bankruptcy is to create a budget that you will stick to in order to control your spending.
21 April 2020
When seeking financial planning advice, it can sometimes be difficult to know where to start or if it would be better to go it alone. Thankfully, in the area of financial planning and financial advice, there are many different options from which to choose, and each addresses a very specific need. In general, it's usually not a good idea to go it alone. There are many nuances to both creating and maintaining a sound financial planning strategy.
13 April 2020