The State of Florida, which has the highest percentage of residents over the age of 65 of any state in the U.S., just passed an important piece of legislation that will hopefully encourage other states to increase consumer disclosure requirements to protect seniors who are considering making changes to a life insurance policy.
(BPT) – Retirement is the time in your life when you can throw off the shackles of your daily responsibilities and truly enjoy the fruits of everything you spent years working toward. It’s an empowering feeling and you’ve earned it. You’ve planned and you’ve saved, but now that you’re here, don’t make the mistake of believing your financial planning is over.
If you're struggling to make ends meet in retirement, you're not alone. And when your income is limited and fixed, you do your best to cut out unnecessary expenses.
The Employee Benefit Research Institute’s (EBRI) 2016 Retirement Confidence Survey found that the confidence American workers have in their ability to afford a comfortable retirement is remaining stable, with nearly two out of three workers reporting they are very or somewhat confident of having enough money for a comfortable post-career life.
If you’re a member of the “sandwich generation” – adults who are caring for both their own young children and their elderly parents – then you’re no doubt familiar with the challenges and conflicts that arise on a monthly,