Life Insurance Retirement Plans: The Third Leg of the Stool You May Not Know About Yet

Most people have a few different retirement accounts that are in essentially two buckets: tax-deferred vehicles like IRAs, 401(k)s or even a pension and taxable investments in a brokerage or savings account. Many don’t know about the third leg of that stool: a Life Insurance Retirement Plan (LIRP). This is another option that can generate consistent income without a taxable event or capital gains. This would be a tax-free bucket.

Rebuild Your Financial Plan Post-Crisis with Diversification

The number one lesson we should all take after a long period of crisis is that anything can happen at any time. Your financial plan, therefore, should be prepared for any scenario. No matter your age or income, look at your immediate financial needs and long-range retirement plans to prepare them for a major disruption like a sudden loss of income or an unexpected major expense.

Don’t Risk Your Retirement: Financial Planning is for Everyone

Popular opinion says young people have more trouble saving for retirement compared to older generations. That’s a myth. Plenty of people at every age are equally unprepared. You don’t have to be rich or close to retirement to work with a financial planner. In fact, the earlier the better.

Working Longer May Help You Prosper

No one typically dreams of toiling away at the office after they’ve hit full retirement age, but working for a few more years could make a big difference in your post-retirement lifestyle.

6 Money Management Strategies for Retirees

Here are some strategies for retirees to make the most of what they have saved and make sure it lasts.

10 Things You Need to Know about Social Security

Here are 10 facts everyone should know about Social Security before making any retirement plans.

5 Factors in Making Long-Term Care Decisions

Many people will need long-term care at some point in their life to perform daily activities. Here are five factors to consider when making your plans.

Making Decisions on Long-Term Care Insurance

Deciding whether to buy long-term care insurance is a complicated process. Factors such as your age, health status and whether you can afford the premiums now and in the future are important.

Medicare at a Glance

Learn more about the federal-run health insurance program, including eligibility rules and the different coverage types.

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