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,

A life settlement allows a client to sell an existing life insurance policy to a third party in exchange for a cash payout greater than the policy’s surrender value. For clients with policies they no longer need or can no

Life insurance plays a significant role in financial planning for seniors who are managing retirement income and long-term care costs. However, many are also starting to wonder if they can turn their life insurance policy into something useful today, rather

According to data from the Life Insurance Research and Marketing Association (LIMRA), demand for life insurance is highest across Generation Z, millennials and Generation X. For Americans closer to retirement, however, the opposite may be true. Policyholders often have equity

Life insurance policies are often viewed as a safety net for loved ones, but circumstances change. Whether you’re seeking extra cash for retirement, covering medical expenses or simply reducing financial burdens, there are several ways to tap into the value

Did you purchase a life insurance policy as a way to help reduce the burden of estate taxes on your loved ones? If so, you may not need the policy anymore. The results of the 2024 election have shifted the