One of the issues that many of us forget about when it comes to saving for retirement is opportunity cost. Opportunity cost is the money lost when you don’t take advantage of what’s available to you. When it comes to retirement, one of the most common ways opportunity cost makes itself manifest is when you… Continue Reading
Author Archives: Guest Post
Life insurance options for retirees
You’ve worked all your life, paid your bills and saved up enough to finally take the break you’re been waiting for – welcome to retirement. As part of the process, you may be considering what you can or should do with your life insurance. Let’s address the various life insurance options and needs going forward.… Continue Reading
Life Insurance Options
When you purchase your life insurance there are a variety of options available to you. These life insurance options are known as ‘riders’ and serve a wide variety of purposes. Like buying a new car, adding these bells and whistles can add substantially to your costs without necessarily giving you a better ride. Let’s review… Continue Reading
Is an Annuity Right for You?
The goal of retirement planning is to create a stable income that can provide for your needs (and wants) when you decide that you no longer want to work in a more traditional job. It’s tricky, though, find the right investments to provide that income stream. If you have a nest egg, you have to… Continue Reading
Do You Have the Right Home Insurance?
Insurance is designed to help you protect your assets. And one of your biggest assets is your home. A home is an expensive purchase, and when damage is done to your home, it can be costly to repair. Insurance can help you better handle those costs. When you pay regular premiums, the insurance company promises… Continue Reading
Be Careful about How Much Debt You Take On
One of the ways to ensure a prosperous retirement is to work toward paying off your debt before you reach that milestone. Debt drains away your wealth, leaving you with obligations that demand your attention. Retirement is not the time that you want these types of demands on your finances. Before you take on debt,… Continue Reading