Consider options before tapping 401(k) account

The Bakersfield Californian January 25, 2013 As the Boomer generation ages, financial planners are concerned that people are not saving enough money to support themselves in retirement. This concern escalated with recent reports that Boomers are digging their financial hole deeper by borrowing against their meager nest eggs. Monitoring agencies report that more than one … Read more

Annuity is complex, but good retirement hedge

The Bakersfield Californian June 7, 2012 With defined-benefit pensions disappearing and stock market volatility giving people nightmares, an increasing number of my boomer retirement planning clients are asking me about investing in annuities. An annuity is an “investment,” most commonly with a life insurance company, that can pay out retirement income, often through the lifetime … Read more