(3 Minute Read) Retirement preparedness is becoming increasingly important as we see a high number of individuals approaching retirement age without adequate savings to cover them through the next decades. This is especially the case for some 47% of business
The Life Settlement Blog
47% of Business Owners Don’t Have a Retirement Plan
Are Your Clients Prepared to Live to 115?
(3 Minute Read) New studies from the CDC show that we’re living past our life expectancies. While modern medicine has enabled us to extend our natural lives, not every senior retirement plan is prepared to finance the extra years. As
Are You Making These 3 Social Security Mistakes
(3 Minute Read) Social Security is an invaluable, but complicated, part of most seniors’ retirement planning. When it comes to claiming your Social Security, here are three more mistakes that are crucial to avoid.
Waiting to 62 to Retire: Is It Worth the Added Pension Benefits?
(2 Minute Read) In a 2015 report published by Merill Lynch, 55% of retirees had retired earlier than they originally expected. With the majority of retirees choosing to retire early, we wonder whether they fully understand the financial benefits they
Longevity Risk: Are You Prepared to Live Past Your Life Expectancy?
(3 Minute Read) Most people plan for their retirement by determining an age at which they would want to retire, along with the expected finances to last them through their retirement years. This is a common strategy, and one that
5 Fantastic Cities to Retire to Without a Car
(3 Minute Read) For some retirees, a car can easily become a burden when living on a fixed monthly budget. Even if your vehicle is paid off entirely, the associated costs, such as gas, insurance, and maintenance, could set you
2017 Health Insurance Marketplace Open Enrollment
(2 Minute Read) With the Health Insurance Marketplace entering its second consecutive year, it’s still a new and mysterious thing for many people, especially those who haven’t been properly educated on the subject. For 2017, we wanted to examine some
What Your Clients’ Retirement Plan May Be Missing
(3 Minute Read) As your senior clients get ready for their retirement, are you making sure that they’re fully educated and aware of all of their possible options when it comes to building their retirement plan? It’s not simply enough
Three Big Financial Mistakes Often Made by Retirees
(2 Minute Read) Everyone makes financial mistakes in their life, but after retirement, the effects of those bad decisions could have bigger repercussions than they would for a younger person. Some elements of retirement, like Social Security, present the opportunity
The 4% Withdrawal Rate Might Not Be The Best For Your Clients
(2 Minute Read) As an advisor, there’s not doubt you’ve heard of the 4% Rule when it comes to retirement planning. However, before settling for this standard rule-of-thumb for every client, it’s good practice that you are fully educated on
