Dear Olga, My retirement savings are in annuities and I'm wondering if I should keep them there. Ray Dear Ray, Before deciding what to do with your retirement savings, first it's important to understand what annuities are and their benefits. An annuity is a sum of money guaranteed to be paid out periodically to an individual over a span of time. Most financial advisors view annuities as supplemental savings for retirement, especially if you max out your 401k or IRA contributi

Dear Olga, What percent should one put aside for savings every month? I have a 401k and mutual funds that I pay into monthly, but how much should I be saving on my own for a "just in case" scenario? R.A.Y. Dear R.A.Y., Instead of telling folks what to do with their money, I prefer to teach the decision-making process that will help them to navigate their situation and provide tools that build money smart habits. I believe if your strategies don't resinate with you, then the