January 20, 2017 – On Inauguration Day, here’s a little financial food for thought as you contemplate your own financial future and the decisions you’ll be making over the next few years. Twelve of the last fourteen presidents served at least one full term in office (Kennedy and Ford did not). As measured purely by…
August 23, 2016 – They call it “The Longevity Paradox” – People recognize they’re living longer but don’t seem to be taking the necessary steps to ensure long life financial security. A few staggering facts from yesterday’s InvestmentNews article of the same name: There are 44% more American centenarians today (77,197) than there were a…
July 29, 2016 – In March of 2009, in the depths of the Great Recession, I launched the Finn Financial Group with a pledge to help clients achieve maximum financial success and security through the effective use of structured settlements and related specialty products and services. Pretty dumb of me, right? I mean, who starts…
July 18, 2016 – This brief post exists simply to call your attention to my most recently published article: “Understanding Nonphysical Injury Structured Settlements” I developed the article for Claims Management, a publication of the Claims & Litigation Management Alliance, for the benefit of my fellow CLM Fellows. (That was NOT a typo. I am…
June 28, 2016– Financial markets like predictability. So when voters in the United Kingdom decided to pull a Snagglepuss by telling the European Union they were going it alone, the financial markets reacted accordingly. They went barking mad, as it were. With the pound sinking to its lowest level against the dollar in more than…
June 13, 2016 – Some quick statistics we singled out from among the Key Findings of the 2013 Survey of Owners of Individual Annuity Contracts, conducted jointly by The Gallup Organization and Matthew Greenwald & Associates for The Committee of Annuity Insurers: When Do People First Buy Annuities? 47% purchased between age 50-64 38% purchased…
June 3, 2016 – It’s been less than a week since I read about the abrupt death of one of the structured settlement industry’s greatest champions Don McNay and I’m still struggling to come to grips with this tragic news. Sing with me Don and I only ever met in person at industry functions a…
May 27, 2016 – Yesterday the United States Treasury sold $28 billion worth of 7-year notes. Probably safe to assume the collective wisdom of those doing the buying don’t believe rates are going to improve anytime soon. Otherwise, they’d sit on the sidelines and wait for a better bargain, wouldn’t they? The 7-year Treasury yields…
April 20, 2016 – “Lynn” called me recently for help with a few structured settlement annuities I helped place on her behalf about five years ago. Our firm occasionally fields calls from former clients who are moving, changing beneficiaries or banks and simply need help submitting the correct documents to make sure their money arrives…
February 29, 2016 – According to a recent InvestmentNews article citing a LIMRA Secure Retirement Institute report, 2015 saw a 13% increase in indexed annuity purchases over the prior year to a record $54.5 billion. To put this figure into perspective, Starbucks’ Fiscal 2015 Annual Report indicates $54.5 billion is just $3 billion MORE than…