Thursday, December 08, 2005
No easy answer on whether retirees should hold life insurance
To keep or not to keep? That is the question many retirees face. Should they keep their life insurance policy or not? Unfortunately, experts say there are no easy answers.
"I'm afraid that the only meaningful answer is: 'It depends,'" says John Olsen, co-author of "The Annuity Advisor" and principal of Olsen Financial Group in Kirkwood, Mo. "Retirees are individuals, having individual situations and goals. Some retirees need life insurance. Others won't need any life insurance. And some may not need the life insurance they already own."
No easy answer on whether retirees should hold life insurance
Source: CBS MarketWatch
"I'm afraid that the only meaningful answer is: 'It depends,'" says John Olsen, co-author of "The Annuity Advisor" and principal of Olsen Financial Group in Kirkwood, Mo. "Retirees are individuals, having individual situations and goals. Some retirees need life insurance. Others won't need any life insurance. And some may not need the life insurance they already own."
No easy answer on whether retirees should hold life insurance
Source: CBS MarketWatch