When planning for retirement, understanding steady income sources is crucial. Annuities are a popular choice for those looking to secure regular payments later in life. However, not all annuities are created equal. Fixed and variable annuities operate differently, and knowing the distinctions can help you make an informed decision. Inflation is another factor often overlooked. How can you protect your savings from rising costs? Some annuities come with features to help counte

Retiring in Tacoma: Exploring Reverse Mortgages for Financial Peace Retiring in Tacoma — with its stunning Puget Sound views, growing arts scene, and access to quality healthcare — can be a rewarding experience. However, many retirees face financial realities when living on a fixed income. This can make it challenging to feel fully at ease. At Penny Lane Financial, we provide informed, well-rounded guidance for every stage of life. That’s why we’re sharing key highlights from

Planning for retirement doesn’t stop when you reach your last day of work. In fact, one of the most important aspects of retirement is knowing where your income will come from—and how to manage it wisely. While everyone’s situation is unique, most retirees draw from a combination of income sources. Understanding these can help you feel more confident and in control of your financial future. Social Security Benefits For many Americans, Social Security provides a foundational i