Think you no longer need life insurance? You may want to think again. During your retirement years, you may feel your need for life insurance has passed and that your savings and investments, along with Social Security, will take care of whatever lies ahead. In fact, these misconceptions prevent many from purchasing or maintaining the insurance coverage they need.
Women have different retirement concerns than men, which is understandable when you consider the challenges they face in achieving a financially secure retirement. Income disparities and time out of the workforce are among factors that will reduce retirement savings as well as Social Security and employer-provided retirement benefits. At the same time, longer lifespans will necessitate more savings to produce
10 Steps for Creating a Smart End-of-Life Plan End-of-life planning sounds like something you do towards the end of your life. But the reality is, no one knows what tomorrow will bring. If the worst were to happen, you wouldn’t want your family to be burdened with financial, legal and logistical problems. These 10 steps will help you get your
Debunking 12 Myths About Fixed Indexed Annuities To mark Annuity Awareness Month this June, the Indexed Annuity Leadership Council is debunking the top 12 myths about FIAs. 1. Myth: FIA policyholders assume risk Fact: With FIAs, your principal can never decline in value due to index volatility 2. Myth: People buy FIAs for higher returns Fact: People buy FIAs for