Monday, August 31, 2009
Life insurance decisions hang over those close to retirement
After the real estate collapse and the stock market crash, the finances of pre-retirees have become far more challenging... And that's before you have to deal with life insurance...
If you have a term policy that is about to expire, do you renew and watch your premiums soar? Or drop it and leave your family in a bind if you die young?
If you own permanent, or cash-value, life insurance, you may be tempted to take out money to compensate for a smaller pension or a tighter budget. Or you might cash it in...
Chicago Tribune: Life insurance decisions hang over those close to retirement
If you have a term policy that is about to expire, do you renew and watch your premiums soar? Or drop it and leave your family in a bind if you die young?
If you own permanent, or cash-value, life insurance, you may be tempted to take out money to compensate for a smaller pension or a tighter budget. Or you might cash it in...
Chicago Tribune: Life insurance decisions hang over those close to retirement
Permalink posted by markw @ 4:44 AM 
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