Friday, September 18, 2009

 

Retirees at Risk: Whole Life Insurance Cash Values Can Be Overlooked Source of Retirement

Nearly 45 percent of households are "at risk" of not having enough to maintain their living standards in retirement, according to the National Retirement Risk Index*, a special project of the Center for Retirement Research at Boston College. The index goes on to say, "explicitly including health care in the Index drives up the share of households 'at risk' to 61 percent." But some retirees have discovered a source of supplemental income that can help tide them over during rough patches: their whole life insurance policies...

Reuters: Retirees at Risk: Whole Life Insurance Cash Values Can Be Overlooked Source of Retirement

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