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Neil Manning Financial Blogs

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Shocking News: Your Electricity Rate May Have Just Doubled!

If you live in Connecticut like I do, you have gotten used to a high cost of living, including high energy rates. But the latest change in our electricity rates is shocking (pun intended) even by CT standards. On 1/1/23, the standard residential electricity rate for Eversource customers went from $0.12 per kWh to $0.24. …

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Retirement Plan Financial Investment Application Form Concept

The Good, the Bad, and the Misunderstood – Income Annuities

In this last installment of a 3-part blog series on annuities, I will cover pros and cons of income annuities.  If you missed my primer on annuities or the pros and cons of accumulation annuities, you can find them here and here.  Today’s blog will focus on annuities for the purpose of providing lifetime income. …

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