Senior Living
Learn about options that can help you such as maximizing your retirement savings contributions, opening an HSA account, long term care insurance, and life settlements.
December 12, 2024Life settlements offer retirees a way to convert their life insurance into cash, providing a financial lifeline during economic challenges. By selling their policy, retirees can generate income, reduce expenses, and bolster their financial stability amid inflation and other financial pressures.
November 01, 2024If you’re considering cashing in your life insurance policy, a life settlement could provide you with a significant cash payout, often averaging between 5% and 25% of the policy’s face value, and as high at 60% or more in some cases.
September 30, 2024In this article, we’ll explore why health changes make life settlements more viable. We’ll also look at how a life settlement may allow you to navigate unexpected healthcare costs and long-term care expenses.
September 16, 2024This article highlights the importance of medical conditions in determining life settlement values and explains the rigorous health assessments conducted by life settlement companies.
March 10, 2024This article will provide a comprehensive understanding of these costs and present strategies that can help mitigate their impact on your retirement life.
March 04, 2024This article will explore various tax credits and deductions that seniors should be aware of to maximize their returns and keep their finances healthy.
February 11, 2024