Preparing for retirement can already come with uncertainty, especially when you can’t predict how long you will live, what unexpected expenses you will face, or how life may change. Add in economic trends and market volatility, and protecting your hard-earned savings may seem impossible.
Life insurance coverage is available across different age ranges, so it’s important to find a policy that suits your needs. Here are some things to consider at various stages in your life.
Creating a diverse retirement income strategy is vital to help ensure retirees have enough money to last throughout their entire life. One solution that can make this guaranteed lifetime income is a fixed index annuity.
With only one in five women feeling financially healthy versus 29% of men, it’s time the wave of change continues to help more women feel economically empowered. Here are several moves you can make to support your financial health and be better prepared for your future.
To ensure you have enough saved up to enjoy all of these activities, be sure to create a retirement plan that outlines the income you need to cover both planned and unexpected expenses.
There are many types of permanent life insurance, each with unique features that can be challenging to understand. In addition, there are several important questions you need to ask your agent to help you choose the best option. We’re sharing our insights about permanent life insurance to help you make the best decision for you and your loved ones.
Since this disease is a relatively common pre-existing condition, it’s not necessarily a deal breaker if you’re looking to qualify for life insurance coverage. Here we’ll answer some fundamental questions about getting life insurance if you have skin cancer.
As a millennial, you may be well into your career and are busy balancing work life with personal and family responsibilities. If you’re at this life stage, it’s essential to regularly review your short- and long-term financial goals and ensure you’re saving enough for the future.
Tax deferrals that most IRAs, retirement and profit-sharing plans are afforded don’t last forever. Whether you’re ready for retirement income or not, IRS rules require that you start drawing down your savings from certain types of accounts when you reach a certain age.
Annuities are often misunderstood. Many people may find them difficult to understand and navigate these insurance products due to misinformation, rumors, and myths. As a result, many individuals are put off from the idea of purchasing an annuity.
Creating a retirement plan is now more critical than ever. Including an annuity as part of your overall financial strategy can help you grow and protect your retirement savings while providing income for the future. Let’s look at the different types of annuities and the benefits they can provide as you prepare for retirement.
When you apply for life insurance, your application will go through underwriting before your coverage is approved. During this process, the insurance company evaluates your risk profile and assigns you an insurance classification based on factors like gender, age, lifestyle, and health history.
