Now is a great time to take a comprehensive look at your retirement plan. Sure. Look at the balances in your retirment accounts. But let us encourage you to broaden your perspective a little. In addition to considering your future income, housing and health care needs, please consider your end of life options for paying [...]
Archive content with the tag ‘life insurance’
18.12.08 Even a small life insurance policy is better than nothing
There are more reasons not to buy life insurance than you can count: no time, no money, no plan to die. These are valid reasons. Even though death is not going to happen to you, the consequences of your not being around are too great to ignore.
Start with even the smallest life policy, say $10,000 [...]
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07.12.08 Does life insurance for children make sense?
Life insurance for children does make sense for several reasons:
A permanent policy provides cash value that can be borrowed against or withdrawn, if needed
Cash value grows tax free
Cash value in a life policy is not counted by FASFA when determining financial aid for college
Insuring anyone while there healthy is a good idea, because their health [...]
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02.12.08 Hindsight is 20/20
I was at a Holiday Party the other night and every person I spoke with talked about the economy and how terrible business is right now. I agree that business has slowed down. When people do not purchase cars, refinance their homes or make major purchases, business gets very quiet.
The conversations started a thought process about [...]
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11.11.08 Top ten reasons why life insurance is important
There are countless reasons why people buy life insurance. Here ten really good ones:
Protect the people you love most from catastrophic financial loss of income
Provide child care or elder-care, if the primary caregiver passes away and spouse or other potential caregivers must continue working or are geographically remote
Provide a vehicle to save for education, home [...]