Month: October 2020

Raymond James CEO Paul Reilly told CNBC on Friday that long-term investors should not be scared away from equity markets, despite the rise in coronavirus cases and other risk factors that weighed on Wall Street in October. “The important message is stay invested,” Reilly said on “Power Lunch.” “If you’re afraid of some segments, that’s
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Sanibel Island, Jerry’s Foods, grocery store, breakfast cereal aisle. (Photo by: Jeffrey … [+] Greenberg/Education Images/Universal Images Group via Getty Images) Jeffrey Greenberg/Universal Images Group via Getty Images I am interviewing Gaurav Sharma, who has launched a new venture to solve an old problem. Gaurav, ever since we started our national experiment with do-it -yourself pensions with
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FIAs also frequently offer optional lifetime income guarantee benefits in the same manner as variable annuities (VAs). These guaranteed lifetime withdrawal benefits (GLWBs) are what can make FIAs particularly valuable in a retirement income plan. Though the names for different pieces may vary, the discussion from the previous chapter still applies in terms of rollup
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