Life insurance is one of the most misunderstood assets in America. While most people think of their policies as something that only pays out when they die, you can actually get cash from your policy while you’re still alive by

Millions of seniors are carrying life insurance policies they no longer want, don’t need, or simply can’t afford. Yet most will let those policies lapse without realizing they might have held real market value. Despite life settlements being legal, regulated,

According to research from the National Council on Aging, 80% of American seniors struggle financially or are at risk of economic insecurity when they retire. For some seniors, one option is working longer to make money and reduce financial risk.

Long-term care is one of the most significant financial burdens facing many retirees. Assisted living, home health aides and nursing home stays can cost thousands of dollars per month, and traditional coverage often comes up short. Medicare does not cover

While insurance policies provide a measure of protection against financial hardship after death, their value isn’t immutable. For example, some seniors find they have enough money in savings or investments that life insurance is no longer necessary. Others could benefit

Downsizing your home in retirement might seem like the most straightforward way to cut costs and access the home’s equity. With rising property taxes, utility bills and home maintenance expenses, it’s unsurprising that a big house can feel more like

For many seniors, a life insurance policy has long been a protective measure for loved ones. But what happens when that need fades? If the original reasons for coverage no longer apply, such as raising children or supporting a spouse,

Early retirement or more work? While the former is often preferable, you may feel the latter is your only option. If you’ve been diligently saving and investing throughout your career, however, you may be in a better position to retire

Retirement is the end of one chapter — your work life — and the beginning of another: Your new life. For some seniors, retirement is an opportunity to travel the world. For others, it’s about having the time to pick

Whether you’re dreaming of mountain views, culinary delights or a vibrant social scene, there’s a retirement spot out there that won’t drain your nest egg. We analyzed cities across the U.S. for factors such as cost of living, healthcare access,