Your Term Life Insurance Is Expiring. Now What?

Your term life insurance is about to expire, you’re retiring, and the kids are gone. This is a good time to determine your insurance needs and weigh your options. Here’s how to choose the best course of action for your ending-soon term life policy. Start with these 3 questions: 1. Do loved ones need your [...]

2019-04-15T15:06:05-07:00April 15th, 2019|Finance & Planning|Comments Off on Your Term Life Insurance Is Expiring. Now What?

Want to Convert Your Life Insurance to an Annuity? What You Need to Know.

If you want to convert your life insurance policy to an annuity—or are thinking about it—there are some key things to take into consideration. Imagine this scenario: Tom will retire in a few years. Decades ago, he opened a life insurance policy to provide security for his young family. His children are grown now and [...]

2019-03-22T13:20:20-07:00March 22nd, 2019|Finance & Planning|Comments Off on Want to Convert Your Life Insurance to an Annuity? What You Need to Know.

How Does a Fixed Annuity Work and What Are the Benefits?

Like general annuities, a fixed annuity provides guaranteed income for people heading into retirement. The annuity is also a contract—with variables. And that can make choosing the right one challenging. Take Jackson, for example. He’s in his early fifties. His mother passed away several months ago, leaving him an inheritance. He wants to invest the [...]

2019-02-25T10:16:17-07:00February 25th, 2019|Finance & Planning|Comments Off on How Does a Fixed Annuity Work and What Are the Benefits?

What You Need to Know about Working after Retirement

These days, many seniors are working after retirement. They continue to work and collect social security benefits, often as a means of earning extra income or staying active and engaged in a working community. While continuing to work has benefits, there are earning limitations that may affect your social security benefits. Before getting that new [...]

2019-02-25T09:40:46-07:00February 25th, 2019|Finance & Planning|Comments Off on What You Need to Know about Working after Retirement

Income Annuities: A Good Retirement Income Choice?

Income annuities can get complicated. There are different types of annuities with many variables. Additionally, getting one started often requires handing over a large sum of money. If you are close to retirement (or in it), an annuity may be a good fit for reinvesting money tucked away in savings and CDs, mutual funds, 401(k)s [...]

2019-01-24T11:08:59-07:00January 24th, 2019|Finance & Planning|Comments Off on Income Annuities: A Good Retirement Income Choice?

3 Quick Personal Finance Tips to Kick off 2019

When it comes to personal finances, it’s easy to put them in the too-hard basket and forget about them. The thing is, like living a healthier lifestyle by moving more, taking care of your personal finances leads to a healthier financial way of life (like having greater peace of mind and the freedom to do [...]

2019-01-23T17:41:38-07:00January 23rd, 2019|Finance & Planning|Comments Off on 3 Quick Personal Finance Tips to Kick off 2019

Should You Roll over Your 401(k) When You Retire?

Do you wonder if you should rollover your 401(k)? After all, your last day at work is coming up. You’re dreaming about your new freedoms — like meeting friends for coffee on a Monday ... in your running gear. Over the years, you’ve invested in your 401(k) with the added benefit of your company’s matching [...]

2018-08-20T13:35:31-07:00August 21st, 2018|Finance & Planning|Comments Off on Should You Roll over Your 401(k) When You Retire?

How to Talk to Your Adult Children About a Life Insurance Policy Transfer

A life insurance policy transfer to your adult children can help sustain your investment should your financial situation change... Twenty years ago, Donna bought a life insurance policy. When she chose the plan, she predicted as best she could the premium she’d be able to afford. But in recent years, financial challenges have made [...]

2018-08-02T16:38:09-07:00August 2nd, 2018|Finance & Planning|Comments Off on How to Talk to Your Adult Children About a Life Insurance Policy Transfer

Long-term Care Insurance: Do You Need IT?

William and his son, Jack, listen as the doctor explains the long-term care William will now need. Jack can cook for his dad, but William will need help with everyday tasks, such as dressing and bathing. And that means hiring care providers to come to William's home. Thankfully, his long-term care insurance will help with this new expense. [...]

2018-06-27T08:45:16-07:00June 27th, 2018|Finance & Planning|Comments Off on Long-term Care Insurance: Do You Need IT?

Financial Advice for Seniors: 6 Tips for Long-Lasting Security

Managing money in retirement isn’t always the easiest task. From portfolio inquiries to budget predictions, reliable financial advice for seniors can help answer your questions and make funds last, providing a sense of security throughout the later years of your life. […]

2017-06-27T09:06:10-07:00July 18th, 2016|Finance & Planning, Uncategorized|Comments Off on Financial Advice for Seniors: 6 Tips for Long-Lasting Security