Do You Need Life Insurance When You Retire?

3 Aug

retiredbikesOnce you hit 65 and retire, you don’t need life insurance, right? Not so fast! The traditional thinking about life insurance is that you only need it when you have an income to protect, when you have a mortgage or when you have kids to support. And while it’s true that having life insurance after 65 isn’t right for everyone, there are some good reasons you might want to consider it. More >>

You’re Planning for Retirement. Do You Still Need Life Insurance?

6 Jan

010615beachLet’s be realistic. If you have an adequate investment and pension portfolio, if you have made provisions for your health care costs, if you have no one relying on you for financial support, maybe, just maybe you can afford to retire. Did you know that a healthy 65-year-old man has a life expectancy of 87 and a woman, 89; and that 38% of the men and 50% of the women will live to age 90, according to recent research on longevity risks and retirement? More >>