Mike Palmer's February Column in Kiplinger: Five Things to Consider Before You Retire
11,000 Baby Boomers will retire this year. Are you ready?
11,000 Baby Boomers will retire this year. Are you ready?
When should you change financial advisors? Where can you find a good financial advisor? Mike Palmer addresses this in MarketWatch.
CBS MarketWatch spoke with Ark Royal Wealth Management's Managing Principal Mike Palmer about how investors should approach CDs. Palmer emphasized that any CD purchase should fit into one's overall financial plan: "Before locking yourself into a CD you should take into consideration what the maturity of the CD is, how much you’re investing and what other sources of liquidity you have," said Palmer.
Annuity surrender fees can be as much as 15% and can last for up to 15 years. Be sure to consider these often overlooked landmines that annuity sellers may not fully disclose.