Life Insurance Can Be a Great Retirement Planning Tool

9 Aug

Life insurance is best known for protecting your client’s family, particularly during their working years when children are younger and financially dependent. The truth is life insurance can offer much more than death benefit protection. It can also help your clients achieve a variety of retirement goals. More >>

Why Life Insurance is Essential for Retirement Planning

5 Jun

Many people do not view life insurance as an essential and vital part of a retirement income plan. They see life insurance primarily as a way to protect families from the early loss of a breadwinner during the working years. However, life insurance has the potential to be so much more if properly utilized in a comprehensive retirement income plan. More >>

Six Steps to Help Parents Prioritize Their Paychecks

3 May

Parents of young children usually have more places that their money needs to go than they have funds to cover every current and future obligation. You can help them sort out where to put each and every dollar each month so that short-term concerns are addressed, yet long-term goals are still achieved. Here’s how parents should distribute their income on a month-to-month basis and how to save for retirement (and college) along the way. More >>

To Make a Financial Plan, You Need a Financial Purpose

3 Apr

What is meant by “purpose-driven finances”?

It simply means that money and wealth are just numbers on a ledger; they are nothing without a purpose attached to them.

In retirement, that purpose is different for everyone. But remember, this is not about rate of returns. Instead, the question is, “What do you want the wealth you have accumulated to do for you in retirement?” More >>

Retirement Readiness by the Decades

13 Feb

Life, it has been said, is a marathon, not a sprint. The same can be said of planning for retirement: taking small steps over the course of years and decades means you’ll be fully prepared in the long run. Successful retirees will tell you that to reach your goal you have to start as soon as possible – regardless of your age. Whether you are in your 20s or your 50s, there’s something you can be doing to help you go the distance toward a comfortable, secure retirement. More >>

5 Things Late Retirement Savers Can Do Right Now

1 Feb

At the start of every New Year, many people begin thinking about how they could save more money or improve their personal finances.

As agents and advisors help clients map out their finances during this time of year, you should encourage clients to think beyond 2017 and on to their retirement years. More >>

10 Interesting Presidential Retirements

18 Nov

111816presidentialretirementWith the November presidential election quickly approaching, outgoing president Barack Obama is facing the same transition thousands of his fellow baby boomers are facing each day — retirement.

A few former presidents were not content to enjoy a quiet retirement after escaping from the demands of the presidency. The Miller Center, an affiliate of the University of Virginia, dedicated to presidential scholarship, provides details about all U.S. presidents, including how they chose to spend their time following their presidency. More >>