The first is flexibility. Once you give your money to an insurance company you usually can’t get it back (although some will let you take a one-time withdrawal for emergencies). That’s the reason most planners recommend investing no more than 25% to 30% of your savings in an annuity. The […]
retirees
5 ways retirees can tackle their credit card debt
You’ve planned and saved for your retirement all your life, and now that you’ve finally quit your job and embraced your retired lifestyle, you have a problem. Your credit card debt is threatening to compromise your golden years. Seniors over 65 have an average credit card debt of $6,351 and those between […]
Saudi Shura Council calls for health insurance for private sector retirees
© Provided by Gulf News FTC-HEALTH-16-(Read-Only) doctor generic Abu Dhabi: The Saudi Shura (Consultative) Council has recommended the General Organisation for Social Insurance study various alternatives to facilitate private sector retirees’ access to health insurance, local media reported. The Financial Committee of the House […]