The Need for Life Insurance After Age 50
If you’re getting ready to retire, you may know you need life insurance but need help making an informed decision about it.
Whole life insurance holds certain advantages, such as guaranteed beneficiary payouts and accumulated cash value. When building a retirement strategy some people overlook life insurance, thinking it’s something they only need during their working years. However, you still might have others depending on you financially after you retire. Whole life...
You hear a term like “tax-deferred annuity” and wonder, “Should I have one?” With so many savings products out there, it’s natural to question whether you’re making the right choices for you and your family’s financial future. Understanding annuities and the advantages they offer is a worthwhile addition to your...
Your life insurance needs can change as you experience different life moments. From starting a career to buying a home, various milestones affect your life in many ways. However, it’s easy for people to forget these major life events should trigger you to look into buying life insurance or reviewing...
By Walter H. Zultowski, Ph.D Retirement is undergoing a facelift, and the main reason is Americans are continuing to work past the traditional retirement age of 65. In the 2015 Amica Life Financial Peace of Mind Survey, nearly half (49 percent) of respondents age 50-64 indicated that it was likely...
Retirement plans are as individual as the people they support. And what worked for previous generations – such as a pension, inheritance or Social Security – may not fully support your financial future. As times change, it’s important to be aware of all the potential ways of securing your retirement....