Sprague Financial & Insurance Services

04/15/2025

A recently-released study from GOBankingRates looked at the financial runway that retirees would have in each state with Social Security benefits and $1.5 million socked away for retirement.

04/15/2025

An annuity is a type of insurance contract that can offer a guaranteed income stream, making them a common investment of retirees. In exchange for a lump sum or a series of payments, an insurance company provides guaranteed returns. While … Continue reading → The post Are Annuities Insured? appe...

04/15/2025

The 2025 stock market crash occurred at a lousy time for retirees, especially those who just recently stopped working.

02/11/2024

Flat market cycles can wreak havoc on your retirement planning. Here’s why you shouldn’t focus only on average returns.

02/11/2024

Secure 2.0 changes will affect student loan borrowers, retirement savers, parents and more in 2024.

02/11/2024

A heavyweight investment firm adjusts its call for an interest rate cut.

01/17/2024

Dividing your money this way can help ensure you don’t run out during the many years you spend happily retired.

01/17/2024

New research co-authored by Wharton’s Olivia S. Mitchell makes a case for deferred income annuities in 40lK plans.

01/17/2024

There’s more to retirement planning than saving and investing. Don’t let these potential obstacles threaten your financial security.

01/17/2024

Mortgage rates continued to fall this week, averaging just over 7%. It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of increases.

11/22/2023

https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/13/accumulation-to-retirement-income-how-advisors-can-help-investors/?sh=3fa628e6e606

When crafting retirement plan strategies, wealth management professionals must navigate a complex landscape of financial options and individual circumstances.