Why Buy Term Life Insurance and Invest the Difference

If you were to die tomorrow, who would suffer financially? This is the planning question you use to decide whether or not you need life insurance. If the answer is no one, it’s simple. You don’t need life insurance. If the answer is someone – your spouse, children, parents or business partners – you do. When the answer changes from …

Is running out of retirement money a fate worse than death?

Imagine this – the year is 2040. You are 80 years old, in reasonably good health, and you have just spent your last penny of retirement savings. You have no other sources of income. For the rest of your life, you will rely on government handouts and the charity of others. Sit with that image for a moment and then …