Retirement Planning

Annuities as an IRA Investment Option

When it comes to funding an Individual Retirement Account (IRA), there are several options. Many people think about a simple cash deposit or maybe a rollover or transfer from a 401k, but those aren’t the only choices. A deferred annuity is one of several investment options you can choose from to fund your IRA. You might think that a deferred … Continue reading
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What is Dollar Cost Averaging and is it Right for Me?

You work hard for your money so you want to make sure you invest in a way that makes sense for you. Dollar cost averaging is a popular method to invest over time. It is a method of accumulating assets by purchasing a fixed dollar amount of securities, at regularly scheduled intervals, over a period of time (for example, $100 … Continue reading
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4 Things Women Need to Know about Social Security

Ever since a legal secretary named Ida May Fuller received the first retirement benefit check in 1940, women have been counting on Social Security to provide much-needed retirement income. Social Security provides other important benefits too, including disability and survivor benefits, that can help women of all ages and their family members. 1.  How does Social Security protect you and … Continue reading
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Time Can Be a Strong Ally When Saving for Retirement

When it comes to saving for retirement, time might be one of your strongest allies. Why? When time teams up with the growth potential of compounding, the results can be powerful. Time and money can work together The premise behind compounding is fairly simple. Your retirement plan contributions are deducted from your paycheck and invested either in the options you … Continue reading
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How Much Risk Are You Willing to Take?

At Allegacy, we aim to help our members pursue balance in every sense of the word and that includes matching your portfolio’s risk to your ability to endure periods of market volatility – both financially and emotionally. Investors who are willing to accept more investment risk may benefit from higher returns in the good times, but they also get hit … Continue reading

Don’t Delay! The Benefits of Saving NOW

At Allegacy, we care about your wellbeing throughout all the stages of your life. From your saving for your first car or a downpayment on a mortgage as your family grows to helping you save for retirement, we’re here for you. For long-term investment goals such as retirement, time can be one of your biggest advantages. That’s because time allows … Continue reading
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How to Gauge Risk Tolerance

Risk tolerance is an investment term that refers to your ability to endure market volatility. All investments come with some level of risk, and if you’re planning to invest your money, it’s important to be aware of how much volatility you can endure. Your tolerance for risk affects your choice of investments and the overall makeup of your portfolio. Consider … Continue reading
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Being Your Best in 2019

As we begin 2019, there are a few changes to retirement plan and IRA limits as well as other adjustments that could affect your taxes. Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. We have listed a few for you to keep in … Continue reading
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Understanding Long-term Care Insurance

It’s a fact: People today are living longer. Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you’re ever going to be able to afford long-term care. One solution that is gaining in popularity is … Continue reading

Retirement Awaits. You’re Building a Solid Future

You’ve spent most of your life working and raising a family.  You’re at that point where your hard work is paying off. Your children are becoming independent and you realize there’s more time for you to focus on you. Maybe you have extra time on your hands now that the kids can drive themselves. Maybe they’ve left for college. Either … Continue reading
Retirement Awaits. You’re Building a Solid Future