A Helpful Guide to Living on One Income During Early Retirement
Today, more people are retiring early and unexpectedly. According to the Employee Benefit Research Institute, in 2020, 48% of workers retired before they had originally intended to.1 If you or your partner retire early, it’s important for couples to prepare for going from two incomes to living on one income....
Should Working Baby Boomers Have Life Insurance?
The increasing number of older adults continuing to work reflects in part a need for steady income. How does this play into the decision on retaining life insurance?
Financial Planning For Retirement
Take these steps to increase your chances of retiring with financial peace of mind. Retirement is more than sleeping in the Monday after your farewell party – it’s starting the next chapter of your life. Before you leave work for the last time, you’ll need to prepare. There are many...
Why You Should Include Whole Life Insurance in Your Retirement Plan
Whole life insurance holds certain advantages, such as guaranteed beneficiary payouts and accumulated cash value. When building a retirement strategy some people overlook life insurance, thinking it’s something they only need during their working years. However, you still might have others depending on you financially after you retire. Whole life...
The Changing Landscape of Retirement
By Walter H. Zultowski, Ph.D Retirement is undergoing a facelift, and the main reason is Americans are continuing to work past the traditional retirement age of 65. In the 2015 Amica Life Financial Peace of Mind Survey, nearly half (49 percent) of respondents age 50-64 indicated that it was likely...
Self-Employed: Financial Considerations
Starting a business means taking all financial aspects into account. Here’s where to start. With the explosion of startups across the business landscape, you may be wondering if it’s feasible to start your own company. In addition to the perk of being your own boss, there are also financial considerations...