A fixed annuity can protect against longevity risk. Take these simple-to-follow steps to get an annuity quote, no need to talk to a salesperson.

Since its development, popularity, and notoriety, the 4% rule for retirement withdrawals has been studied, tested, rejected, and modified to address concerns. Understanding how it’s supposed to work and under what conditions offers insights for retirement planning.

There’s a lot of fear surrounding long-term care. Quoted statistics fuel the angst about this unknown. When articulated, the horror involves living out one’s last days abandoned and suffering in a poorly-run nursing home. Alternative dreads include spending down family assets to pay for quality care or leaching the joie de vivre from family members by asking them to provide care.

A frequently promoted solution to relieving this anxiety is long-term care insurance. There are many variables to living and dying, along with changeable elements in the cost and nature of insurance and care. I won’t predict what might happen or cover all aspects of long-term care and insurance today. But I’ll offer insights into the basics of planning for long-term care.