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What Seniors in Retirement Need to Know About Their Existing Life Insurance

Apr 11, 2023

Life settlements are the sale of an existing life insurance policy for more than the cash surrender value and less than the death benefit. Anyone age 65 or older who has developed health issues since their policy was issued and owns a universal life or convertible term insurance policy has a high probability of benefiting from selling their policy. Policies with a death benefit of $250K or more can qualify. Younger policy owners with serious chronic illnesses can also explore the life settlement option.

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Preparing for Retirement

Oct 14, 2021

Retirement is more than just turning in your notice at work and packing up your desk. Beyond looking at your finances, there is other planning that should go into the decision to retire.  Define "retirement". What does retirement look like to you? Are you sitting on the beach somewhere or traveling the world? Many people […]

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How to Use Life Insurance to Fund Retirement

Sep 24, 2021

Life insurance in retirement can be a tricky topic to navigate for planning professionals. The biggest question we hear from advisors and their clients is, “How can this policy benefit me while I’m retired?” To which our response is typically about how that depends on the client’s financial goals which have been determined with their […]

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4 Ways to Maximize Assets In Retirement

Jul 02, 2020

It’s no secret that seniors are living longer than ever before. Thanks to medical advances, technology, and other factors, seniors in the 21st century are outliving previous life expectancies. What’s more, people are staying healthier for longer as well. 65-year-olds can generally expect to have plenty of years of active living ahead of them. However, […]

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How Parents Can Plan for Retirement Without Financially Depending on Their Children

Sep 25, 2019

It should come as no surprise that adult children often worry about financially supporting their aging parents when they have families of their own to look after. Seniors have also expressed complicated feelings regarding their children funding their retirement. There are, however, solutions that can help. 

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The Gender Gap in Retirement Savings

Jul 26, 2018

Women encounter unique challenges for retirement that often begin long before they exit the workforce. A 2016 study by the The National Institute on Retirement Security, Shortchanged in Retirement, found women “80 percent more likely than their male counterparts to be impoverished at age 65 and older.”

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5 Concrete Ways a Positive Outlook Can Improve Your Retirement

Apr 17, 2018

We all know that a positive outlook can have an immense effect on your quality of life. If you’re looking for silver linings, you’ll generally find them - if all you look for are clouds, that’s what you’ll see. This can become even more important during retirement. Seniors who work hard to maintain a positive […]

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A Financial Advisor’s Checklist for Attracting New Retirement Clients in 2018

Mar 15, 2018

As the current year draws to a close, many financial advisors are busy planning for the one to come. For many advisors specializing in retirement planning, that means building their client base, learning new skills, or venturing into new financial territory. If you’re looking to attract more retirement clients in 2018, here’s a checklist to […]

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Incorporating Life Insurance Policies in Retirement Income Planning

Jan 02, 2018

The American College | Center for Retirement Income

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Should We Be Talking About a Longevity Crisis, Rather Than a Retirement Crisis?

Dec 12, 2017

Those of us who work in the personal finance industry, whether as financial advisors, retirement planners, or in other capacities, have been talking for years about the “retirement crisis.” According to various studies, anywhere from 54% to 80% of American Baby Boomers lack sufficient retirement funds. What’s worse, according to research by GoBankRates, 1 in […]

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