Tag Archives: Sturbridge times

Keep Your Personal Information Safe

By Richard McGrath, CIC, LIA We still don’t know the extent of the damage done by Chinese hackers, who were able to steal information about more than four million employees from the computers of the U.S. Office of Personnel and Management. The latest revelation is that the theft may have also included the Social Security […]

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Annuities Can Last a Lifetime

By Richard A. McGrath, CIC, LIA Are you confident that your retirement savings will last for the remainder of your lifetime? In the past, “defined benefit” pension plans provided income to recipients for as long as they lived. Combined with Social Security income and personal savings, it was usually more than enough to live on. […]

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Insurance Is Not a Commodity

By Richard A. McGrath, CIC, LIA The Internet is a great place to buy books, clothing, tools, sporting goods and other commodities. However, it may not be the best place to buy your insurance coverage because insurance is not a commodity. A commodity is a standardized product, such as grain, oil or gold.  When you buy a commodity, you […]

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