There are four retirement vehicles that can generate lifetime income: A defined benefit plan, reverse mtgage, Social Security and a lifetime income annuity. The law of large numbers and changing demographics of life expectancy is having a significant impact on guaranteed lifetime annuities. Annuity manufacturers are touting their alpha with mortality credits and receiving newfound interest among financial advisers to solve the longevity risk in retirement. There is no other financial product that can guarantee lifetime income except annuities. As an individual the average male lives 86.6 years and the average female lives 88.8 years. The surviving spouse in a marriage averages living to age 93. 87% of the time the surviving spouse is a female. Half of all Americans will live longer than those averages. If the surviving spouse average is age 93 that’s 31 years from age 62, which is the starting age for many guaranteed lifetime annuities. So the average internal rate of return for lifetime annuities is benchmarked at age 62 for 31 years. Those returns could be somewhere around 3% net of all product expense loads. It could be 4% plus, if those at age 93 live to age 100. How can annuity manufacturers guarantee Read more…
Category: Finance
Global Mini Trucks Industry 2017 Market Research Report
Summary In this report, the global Mini Trucks market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Mini Trucks in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Mini Trucks market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Suzuki Honda Fiat S.p.A Ford Motor Company General Motors Company Toyota Motor Corporation Tata Motors Limited Ashok Leyland On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Fuel Type Electric Type On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Home Commercial If you have any special requirements, please let us know and we will offer you the report as you want. Read more…
Global Ratchet Tube Cutter Industry 2017 Market Research Report
Summary In this report, the global Ratchet Tube Cutter market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Ratchet Tube Cutter in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Ratchet Tube Cutter market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Stanley Apex Tool Group Carl Kammerling International Ltd. Garant GEDORE Tool Center KG POWERMASTER ROTHENBERGER SAM OUTILLAGE WIDOS Wilhelm Dommer S hne GmbH On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Plastic Pipe Cutter Metal Pipe Cutter On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Commercial Household If you have any special requirements, please let us know Read more…
Global Tool Boxes Industry 2017 Market Research Report
Summary The Global Tool Boxes Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Tool Boxes industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Tool Boxes market analysis is provided for the international market including competitive landscape analysis, and major regions’development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (America, Europe and China), and other regions can be added. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Product website link: http://www.qyresearchglobal.com/goods-1209794.html Sample request,please email: sales@qyresearchglobal.com Table of Contents 1 Industry Overview of Tool Boxes 2 Manufacturing Cost Structure Analysis of Tool Boxes 3 Technical Data and Manufacturing Plants Analysis of Tool Boxes 4 Capacity, Production and Revenue Analysis of Tool Boxes by Regions and Manufacturers 5 Price, Cost, Gross Read more…
Global Eye Wash Bottle Industry 2017 Market Research Report
Summary In this report, the global Eye Wash Bottle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Eye Wash Bottle in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Eye Wash Bottle market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Nuova Aptaca PVS Taumediplast VWR Lab Safety Supply Fisher Scientific Maddak Inc Honeywell Bel-Art Products Medique Products On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Replacement Bottle Non-replacement Bottle On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Commercial Household If you have any special requirements, please let us know and we will offer you the report as Read more…
How to Retire Happy
Cash flow is king in your golden years and debt can cannibalize your cash positions like no other expense. Debt reduction needs to begin no later than five years out from your retirement date. You’ll still have living expenses that will more than likely increase each year, so debt and mortgage payments need to be eliminated before you retire. That’s the first step in building a financial profile that makes good psychonomic sense. It’s critical to have a guaranteed source of income that doesn’t correlate to the market and is insured contractually to generate revenue for the rest of your life. And to cover the ever-increasing costs of goods and services in retirement, an inflation element needs to be added, especially in light of the little to no increase in Social Security benefits over the last six years. Lifetime income annuities can generate guaranteed income you can’t outlive. And in retirement you need reliable income because your Social Security benefits won’t be enough. You can also add an inflation rider to these annuities as well, to guarantee annual increases throughout retirement, unlike the unpredictability of Social Security benefit increases. That can create a degree of psychological solace in your later Read more…
Global Oil and Gas Pipe Industry 2017 Market Research Report
Summary In this report, the global Oil and Gas Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Oil and Gas Pipe in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Oil and Gas Pipe market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including EVRAZ Baoji Petroleum Steel Pipe JFE Jindal SAW Ltd EUROPIPE Group Essar Steel Jiangsu Yulong Steel Pipe American SpiralWeld Pipe Company Zhejiang Kingland Tenaris Shengli Oil & Gas Pipe CNPC Bohai Equipment Manufacturing CHU KONG PIPE Baosteel Borusan Mannesmann On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into ERW Pipes LSAW Pipes SSAW Pipes On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share Read more…
The Truth About Your IRA
An Individual Retirement Account is known as an IRA, but the original IRA acronym stands for Individual Retirement Arrangement. One of the first aspects of an IRA is the custodial fees, the administration charges for accounting and client contact. Then you have to consider the funding instrument and its costs: mutual funds, exchange trade funds and annuities. If you qualify for the tax deduction, you need to determine if the tax savings during your working years is worth the tax consequences later in retirement. Distributions from your IRA are taxed at ordinary income taxes in your effective tax bracket and are includable in the provisional income test to determine if your IRA triggers taxation on your benefits. (Keep in mind that there is no tax-free basis in an IRA, i.e. your original contributions.) IRAs and Health Savings Accounts are the most under utilized tax advantaged funding vehicle available for tax-deductible contributions up to $3,400 for individuals, $6,750 for married couples and an additional $1,000 for those over age 55. The IRS also allows a one-time maximum tax-free transfer of $6,750, (or $7,750 if you’re age 55 or older), once in your lifetime from an IRA to an HSA account. Keep Read more…
All Financial Advisers Are Not Equal
What about financial advisers? Some are like architects who can design an overall blueprint for a comprehensive financial plan that integrates smaller plans for college, retirement, long term care and estate planning? Other financial advisers are asset allocators, some do the allocation themselves and others outsource the mutual fund and ETF management. These are all individuals who may have their area of expertise, but they need someone to ride herd over them to ensure you get the best possible management of your money. Consider your legal team: from CPAs who work on your taxes, to attorneys who oversee real estate transactions, business transactions, and estate documents like wills and trusts. How do you find the time to interview the many fiduciaries involved? Could you even intelligently conduct the interview? Could someone have the breadth of knowledge to understand all these areas? More than likely no. But there are financial stewards that can vet all these areas of concern and hire the right representative for each area. A financial steward is a position that carries a sacred family trust; he is like a financial consigliore. He or she reports to you, delivers financial statements from all areas of your finances and Read more…
Take Control of Your Business By Knowing Your Numbers
Envision this scenario: You need a business loan. You are expanding rapidly and need some new equipment, maybe a couple of laptops or additional inventory to sell. You’d like to hire a couple of people because the workload is huge and you just can’t keep up any more. When you go to the bank the first question they’ll ask is “What are your sales?” You draw a blank because all you see is the pile of bills and invoices stacked neatly on your desk. Accounting has now become an obstacle to your growth, and you have lost control of your business. It doesn’t have to be this way. Knowing your numbers gives you credibility and peace of mind. There are people out there who can do the bookkeeping for you, but it is your responsibility as a business owner to know the numbers and how they got there. A good product or service is wonderful, but convincing people to lend or invest in you takes more than just having a good product or service. This is one reason why knowing your numbers is so important Another reason to know your numbers is so that you can avert disasters and nasty Read more…