People buy life insurance for various reasons, but its main purpose is to provide a financial benefit for loved ones after the policyholder passes away. Life insurance can also provide other benefits, including supplemental income during retirement or a temporary loan if a bank’s interest rates are too high.
When you reach a certain age, you want assurance that your family will be taken care of and that any final wishes will be upheld. An estate plan is one of the best ways to protect you and your loved ones in your later years and plan for the unexpected.
Determining your health insurance needs as you approach Medicare age and move into retirement can feel overwhelming. What exactly are your coverage options? What do Parts A and B pay for? Do you need supplemental insurance with Medicare? It’s understandable if you’re feeling frustrated by all the questions you need answered.
