Sure, a lot of companies like to give you the ABCs of buying life insurance, but we think it’s important enough to offer a Step D as well.
No one really likes to talk or think about life insurance. But for millions of Americans, life insurance...
Retirement-income strategies are big business. Financial advisers and online advice services will help you transform your savings into a steady retirement paycheck--for a fee. Some mutual funds also promise to deliver a stream of retirement income--f...
MOST INVESTORS WHO HAVE planned for retirement have a mental picture: not answering to the Man, some travel, spoiling grandkids and maybe a second home. But unexpected expenses, failing health, or investment losses can derail plan A.
What's...
You worked hard to accumulate and plan for retirement. As you head into the fall or distribution season of life, do it with the same finesse. You need to discern which income streams to access, when to turn them on and how they will interact with eac...
While I was in college, I spent a year and a half as an intern with a large life insurance company. But rather than getting coffee and filing paperwork for the insurance agents in the office, I was one of them.
I learned all about different types of...
Your credit history reveals more than whether you’re likely to repay a loan. Insurers see a connection between how you handle credit and your risk of dying early, and some use credit information to help price life insurance.
“Cred...
Life insurance is one of the most important tools in modern financial planning, but it is not always the most appreciated. It has a role to play in virtually all phases of the typical family’s economic life cycle. This article outlines the step...
I've recently heard about a new type of annuity called a longevity annuity. Can you explain what one is, how it works and whether I should consider buying one for my retirement? - Mike, Indiana
Longevity annuities have actually been around in va...
When it comes to investing for retirement, annuities tend to get a bad rap. Not only do some annuities come with high fees that are hard to justify, but they are notoriously difficult (or impossible) to liquidate when you need cash. Further, som...
Many Americans worry about running out of money in retirement Opens a New Window. -- or not having enough savings to maintain the lifestyle they have planned Opens a New Window. . In addition to Social Security benefits Opens a New Window. &nbs...