Life Insurance – The Retirement Income Solution

In our last article, we discussed the three primary sources of retirement income for most workers. We also introduced the concept of “earning power”, and how our incomes are our most valuable financial asset. Within the range of retirement income options, we also discussed some of the problems facing those who may expect to rely … Continue reading Life Insurance – The Retirement Income Solution

The Role of Life Insurance in Retirement Planning

There are many options available to individuals who wish to set aside money for retirement. Each has its own share of benefits, such as tax deferrals or shelters, market growth, and rates of return. Employer-sponsored retirement pension programs, retirement accounts, and government benefits represent some of the most common retirement-planning instruments available to workers. Life … Continue reading The Role of Life Insurance in Retirement Planning

Protecting Retirement Assets: An IRA Rollover Review

Saving for retirement is one of those aspects that too many U.S. workers overlook. No matter how much one earns in a monthly or annual salary, none of that matters once retirement age is reached. On average, workers save far less for retirement than financial experts recommend, and this can lead to an unstable financial … Continue reading Protecting Retirement Assets: An IRA Rollover Review

Educational Savings Accounts Explained

  College costs can take a toll on a family’s financial earning power if steps are not taken beforehand to save for and fund this expensive endeavor.  With college costs ranging from $20,090 to $45,370 annually, finding the best sources of funding is important.   Educational Savings Accounts Basics There are several factors connected to … Continue reading Educational Savings Accounts Explained

A Guide to Saving for Retirement Healthcare

When planning and saving for retirement, one main concern for many potential retirees is how to pay for healthcare needs during retirement.  Some interesting facts pertaining to health care and retirement are: According to the 2015 U.S. Department of Health and Human Services’ publication, A Profile of Older Americans, in 2014, men who had reached … Continue reading A Guide to Saving for Retirement Healthcare

How to Protect Your Family Against Unexpected Change

When an unexpected death or disability occurs, a family may have many changes.  If a spouse dies suddenly, the total family income may be reduced drastically, leaving the surviving spouse with a reduced income and increased expenses.  During this uncertain time, life insurance can reduce the worry of increasing financial expenses, says Geoffrey J Thompson.  … Continue reading How to Protect Your Family Against Unexpected Change