Savvy Finances

Find all topics to do with financial responsibility and planning for your retirement

Can I Use My Annuity as Collateral for a Loan?

Annuities are good life investments. It gives financial security in your later years. But, paying an annuity requires commitment and financial planning. Unlike other investments, annuities don’t immediately vest. You will have to wait for the annuity contract date before you can enjoy its financial rewards. And sometimes this can take a long time.  Are …

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3 Ways to Optimize Your Wellbeing After You’ve Retired

If you’ve spent years planning your retirement, you’ll want to ensure you’re able to make the most of it. Whether you’re eager to spend more time with family, travel the world or throw yourself into your hobbies, your retirement should be a time for you to bring your dreams to life.  Sadly, many people begin …

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Retirement Planning for Senior Citizens: 5 Financial Literacy Tips

Senior citizens don’t stop retirement planning on the day of their retirement. Managing money after retirement is just as important as saving money beforehand. Financially literate older adults will have more success with their money throughout retirement than those who aren’t aware of their finances.  These 5 tips will help senior citizens who sometimes need …

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