Buying life insurance can be difficult as you age. The older you are, and the more health issues you have, the more it ends up costing. Not many people think of using life insurance to pay for retirement, but using term life insurance is a great way to support your future and the future of […]
What Is A Life Insurance Retirement Plan? A Life Insurance Retirement Plan (or LIRP for short) is a permanent life insurance policy that uses the cash value component of your policy to assist in funding your retirement. LIRPs are similar to Roth IRAs in that your withdrawals are not taxed after you turn 59 and […]
As your retirement approaches, it can be a very exciting but stressful time in your life. Therefore, it’s always important to consider your investments as you prepare for this exciting time to ensure that you’re going into it as ready as possible. Of course, there are the traditional methods of retirement investing, such as an […]
A multi-year guaranteed annuity is a type of fixed annuity, much like the traditional fixed annuity but with a more extended contract. These contracts are typically signed for 2-12 years and are an excellent choice for those nearing retirement who don’t want to take the riskier option of a variable annuity. Multi-year guaranteed annuities provide […]
A fixed annuity is becoming a popular choice for current or soon-to-be retirees, especially those who want to be able to plan for their own and their family’s future accurately. Fixed Annuities provide a guaranteed stream of income that will not fluctuate up or down with the market, which can be appealing to some. This […]
Whether you’re looking into retirement, thinking about investing, or are just gathering information on financial options in general, questions may arise that leave many confused and stressed: What is a Fixed Annuity? How does it work? If you are wondering which investment option will work best for you, the below information will help. What Is […]
Many people get overwhelmed when thinking about life during retirement. How will you pay the bills? How does an IRA or a 401k even work? What is a fixed annuity? There are many options on the market, and it can be difficult to know what choice is best. If you’re looking for a low-risk way […]
Final expense insurance is a type of permanent life insurance policy that helps your loved ones cover any costs related to your funeral, burial, and other expenses incurred after you die. It is sometimes also called “burial insurance.” Like all permanent insurance policies, final expense insurance never expires if you continue to pay the premiums […]
Final expense insurance is a type of coverage that kicks in at your death, so your loved ones have the means to pay for your end-of-life expenses. You may be curious why it is classified as final expense insurance. The only time a funeral is held is when a person’s life ends. That is why, […]