I’m over 60 and heading into retirement. Should I keep my life insurance policy?
Most of us purchase life insurance for one of two reasons: to protect loved ones financially from unexpected death, or as a cash-value investment to pay for future needs, such as long-term care or assisted living. These policies can be smart (especially with older, more generous plans), but it’s important to review them periodically to […]
Can I use a life insurance policy to pay for long-term care?
Can a life insurance policy be used to pay for long-term care, if someone finds themselves in assisted living, gets a medical diagnosis that makes it inevitable, or is simply planning ahead? It can…. With caveats. Cash-value life insurance policies One of the most exciting things about life insurance is the ability to purchase a […]
