Slocan Lake, BC
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It’s not every day that you’d tell a retiring client to ratchet up their stock exposure, but if she has some guaranteed income, it just might make sense.That’s because pension income, Social Security benefits and income annuities all provide retirees with a measure of safety, said Michael Finke, professor of wealth management at The American College.“If you have a safety net, the consequences of risk aren’t as severe for you,” he said, speaking at the American Institute of CPAs Engage conference in Las Vegas.“If you have significant guaranteed income, your […]
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