Jamie Hopkins on Annuities, the Secure Act and the Wave of Early Social Security Claims
January 13, 2021 by Jane Wollman Rusoff
The pandemic and its damaging effects on the U.S. economy have caused numerous pre-retirees to claim Social Security benefits earlier than they had planned — to their detriment. That trend will continue this year, Jamie Hopkins, director of retirement research at Carson Group, forecast in a late December interview with ThinkAdvisor.
He opines too about fixed indexed annuities versus bond ladders, the need to update trusts as a result of the Secure Act, the big downside to the bucketing approach to retirement portfolios, and more.