Thursday, 12 October 2017

I do not have a pension? Is an annuity necessary?

An increasing fear for a lot of people is not having enough money in when they retire. Sixty-five percent of baby boomers plan on working past age 65 because they do not have enough retirement savings. Most financial advisors have programs that can generate fancy...


Thursday, 5 October 2017

5 Things To Remember Before Purchasing Disability Insurance

According to recent studies, a person is three times more likely to need disability coverage than you are to die and need life insurance before their 65th birthday. This should illustrate the importance of buying disability insurance. However, most people avoid disability insurance and don't...


Monday, 25 September 2017

When is the Best Time to Get Life Insurance?

Those with no dependents or single individuals may not need life insurance. With no dependents, it wouldn’t make sense buying any form of life coverage. You however qualify for primary insurance that covers burial expenses; you can get this policy through your employer. If you...


Wednesday, 13 September 2017

Are Annuities Bad, Ugly Or Good?

It all depends on the kind of annuity and what your specific needs are. An annuity is the investment of a lump sum of cash to produce a monthly income stream either for life or a fixed period of time. The income may start right...


Tuesday, 29 August 2017

How Much Should You Pay For Disability Insurance?

Consider this: if a 30-year old individual pays $37.84/month or $454/year for disability insurance that has a monthly benefit of $2,500, he or she would have paid a total sum of $6,810 by the time he/she reaches 45 years. On the other hand, at the...


Monday, 21 August 2017

Is An Annuity An Investment Or An Insurance Policy?

Anyone who is thinking about, or attempting to prepare for their retirement may consider whether or not they should buy an annuity. This is simply something that someone would purchase through a major insurance company and their purchase would guarantee that they would receive a...


Wednesday, 16 August 2017

Why Do I Need Life Insurance?

Life insurance has been part of the estate planning process in the United States for a very long time. Although it isn't necessary for life insurance to be a part of every individual's estate plan, it often can be useful, particularly for parents who have...