• Fotolia_176174956_M
    April 02, 2018

    Should You Stay In Your Home Or Move During Retirement?

    The choice about where to live in retirement is one of the most crucial decisions that a senior makes. It’s not just a major financial consideration, it’s also a highly emotional issue as a retiree’s home is often the anchor to their golden years.

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  • LISA Cartoon
    February 22, 2018

    Is Your Life Insurance Policy Still Serving its Purpose? 5 Questions to Ask Each Year

    A life insurance policy is an important investment for consumers. We’re diligent about choosing a policy that seems to best meet our family’s needs and then we reliably make those required premium payments on time so we can keep the policy in-force as the years go by.

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  • Long Term Care
    February 15, 2018

    2017 Report on Long-Term Care Includes Life Settlements Among Payment Solutions

    A new report by the National Association of Insurance Commissioners (NAIC) Long-Term Care Subgroup includes life settlements among three options for paying for long-term care.

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  • Canadian Happy Couple
    February 14, 2018

    Thawing of Canadian Life Settlement Market – Pro Consumer Developments for Canadian Policyholders - Finally

    While Canadian snowbirds are soaking up the sunshine and warmth in the southern US, many can’t help but notice the availability of products in the south which they can’t get in the north. Life settlements are a financial solution that Canadians see advertised on U.S. television and radio stations etc., yet they rarely hear about in Canada. This is because the U.S. and Canadian life insurance sectors have taken different paths historically, with the American one heading in a decidedly more consumer-oriented direction. Fortunately, for Canadian consumers, this is beginning to change.

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  • Unexpected Life Incidents
    January 18, 2018

    3 Unexpected Post-Retirement Events that Can Put a Strain on Cash Flow

    Preparing for retirement is a significant financial challenge during the working years, but the envisioned reward of enjoying stress-free golden years keeps most of us motivated to earn and save as best we can. Indeed, according to a story this week in the Wall Street Journal, “people at 65 to 74, the so-called time affluent, reported having more fun than any other age group,” according to a 2016 study by Age Wave and Merrill Lynch.

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  • Seniors Part Time
    December 18, 2017

    Seniors returning to part-time workforce in search of supplemental income

    The Wall Street Journal reported this week that, in the coming decade, the fastest-growing segments in the American labor force will be the 65-to-74 year-old and 75-and-older age groups. In fact, 40 percent of all Americans age 65 and older are working at least part-time right now.

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  • New Research In Retirement
    December 04, 2017

    Getting Past the “Ick” Factor

    The key point is that a life insurance policy is an investment asset—just like equities, fixed income or real estate—and should be reviewed from time to time to see if it still meets the needs for which it was initially purchased.

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  • Good Options for Long Term Care_SMALL
    November 21, 2017

    Good Options For Funding Your Long-Term Care

    Most Americans over the age of 65 will require long-term care at some point in their lives, with today’s average senior likely to incur $138,000 in future long-term care costs, according to the U.S. Department of Health & Human Services. This is different from medical care and includes personal help with daily living activities such as bathing and dressing.

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  • New Research In Retirement
    November 06, 2017

    New research finds that American seniors, already postponing retirement, are now dying sooner

    A new report issued by the Society of Actuaries found that the age-adjusted mortality rate in America actually rose 1.2 percent from 2014 to 2015, the first increase since 2005 and just the second increase of more than 1 percent since 1980. Specifically, the report documented that pension plan participants – Americans in retirement – had a decline in their life expectancy of 0.2 years.

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  • Life Settlement Traveling
    September 21, 2017

    Survey finds retirees love to hit the road when they can find the travel funds

    If you’re one of the seniors caught in this dilemma between what you want to do and what you can afford to do, it might make sense to go in search of cash that may be hidden in assets you assumed were not liquid

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  • Health Care Expenses Rising 2x as fast as Social Security Income
    August 22, 2017

    Health care costs for retirees rising twice as fast as Social Security income

    It’s no secret that health care costs in America continue to escalate, creating anxiety for many over how they will afford medical expenses that could strike at any time. The ongoing political drama in Washington, D.C. over the future of health insurance policy in the nation only exacerbates this uncertainty.

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  • Living Past 100 issues
    August 02, 2017

    How living past age 100 has become a problem for some insureds

    A recent article in the Wall Street Journal was entitled: “Happy 100th Birthday! There Goes Your Life Insurance.” The article discussed how some universal life policies do not pay a death benefit if the insured lives past his or her 100th birthday:

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  • Florida Life Settlement Law
    June 27, 2017

    Florida Legislation is Good News for Seniors Who Want to Make Changes to Life Insurance Policies

    The State of Florida, which has the highest percentage of residents over the age of 65 of any state in the U.S., just passed an important piece of legislation that will hopefully encourage other states to increase consumer disclosure requirements to protect seniors who are considering making changes to a life insurance policy.

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  • Victory for Florida
    June 15, 2017

    A Victory for Florida Life Insurance Consumers

    The Florida legislature recently passed H.B. 1007, a comprehensive bill intended to combat insurance fraud. One important provision of the bill requires that insurance consumers be advised of their options before making changes to a life insurancepolicy. The new law now awaits the governor’s signature or, unless vetoed, automatically becomes law 15 days after it was sent to the governor’s desk.

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  • 4 strategies to grow your finances in retirement Small
    June 14, 2017

    4 strategies to grow your finances in retirement

    Retirement is the time in your life when you can throw off the shackles of your daily responsibilities and truly enjoy the fruits of everything you spent years working toward. It’s an empowering feeling and you’ve earned it. You’ve planned and you’ve saved, but now that you’re here, don’t make the mistake of believing your financial planning is over.

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  • An Ongoing Issue on which Democrats and Republicans Agree in America
    May 23, 2017

    The Issue on which Democrats and Republicans Agree in America

    By many measures, our country is sharply polarized when it comes to our politics, with registered Democrats and Republicans lining up on opposing sides more so than ever before. In fact, a Pew Research poll taken during the 2016 presidential campaign found that the average American’s views of the “opposing party” are now more negative than at any point in nearly a quarter of a century.

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  • Estate Tax Debate Comes to Washington
    May 08, 2017

    Estate Tax Debate Comes to Washington: Possible Implications for Life Insurance

    Life insurance has long been used as a tool for estate planning. It has the unique ability to satisfy a wide range of objectives including covering outstanding debt obligations, paying for burial expenses, providing for surviving family members, and offering liquidity to cover estate taxes.

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  • American-Workers-Retirement-Confidence-Slips-in-2017-as-Anxiety-Grows
    April 12, 2017

    American Workers’ Retirement Confidence Slips in 2017 as Anxiety Grow

    The 2017 Retirement Confidence Survey, an annual report published by the non-profit Employee Benefit Research Institute (EBRI), was just released and its findings provide more reason for concern about how prepared Americans are for retirement.

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  • Real-Financial-Stress-Among-Seniors
    April 01, 2017

    Financial Stress Among Seniors

    Retirement today looks very different than it did even 20 years ago. Because of the differing concerns retirees and soon-to-be retirees are facing now, many are choosing a path that’s different from the stereotypical, golf-and-gardening one that’s been the model for retirement for so many years. They’re also looking for alternative financial options.

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