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Retirement And Income Planning in Boston, MA

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The 3 Major Reasons Retirement Plans Fail (And How to Avoid Them)

As you are approaching the finish line of your working career, it is important now more than ever to take some time and make sure your retirement plan doesn’t have any holes.  Most people don’t want to take a few hours to make sure they are prepared for the next 20-30 years of their lives.  Here are some reasons retirement plans fail:
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4 Reasons to Own an Annuity

Now that the Powerball winner has come forward to claim her prize of $758 million (before taxes), you can’t turn on the television or radio without hearing the word “annuity.” The winner of the lottery had a very important choice to make, and that was whether to an after tax lump sum, or the pay taxes and receive income for life. This got me thinking about the number of people who don’t understand exactly what an annuity is and how it can be beneficial to their lives when used in the following situations:
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Life Insurance Awareness Month

I was Driving down the Mass Pike this past weekend and saw a billboard that really caught my attention. It read, "We spend more time liking Facebook posts than we do planning for retirement." Isn't that the truth? Part of a good overall financial plan is to have enough in retirement, but it's just as crucial to have enough to cover the unexpected.
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