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
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
Retirement Planning at Every Age: What Should You Be Doing Right Now? While retirement planning was once thought of as an issue for older, wealthier adults to deal with, the truth is that preparing for a secure future is no longer considered a life stage or income-specific endeavor. Providing for financial wellness in our later years is now an individual