Life insurance is a contractual agreement between an individual (the policyholder) and an insurance company. Under the contract, the insurer promises to pay a designated beneficiary a sum of money ...

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...

Life insurance is commonly purchased to provide financial support for the policyholder’s loved ones in the event of an untimely passing. It acts as a legacy planning tool that can provide funds for ...

Life insurance isn’t exactly the most exciting part of financial planning, but it’s one of the most important. For many people heading into or already in retirement, it becomes one of the most ...

One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.

Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

Things change over the course of four years - even the feelings of more than two thousand 401(k) participants when it comes to guaranteed lifetime income. When asked in 2021, fewer than six in 10 ...

Whether you’re buying out a partner or retaining a star employee, the right life insurance can be a versatile financial tool ...

Diversified Insurance Brokers clears up common annuity misconceptions, helping retirees make informed decisions about ...