Life Insurance in Retirement
Like many things, sometimes you don’t realize you need life insurance until it’s too late. But with so many types of insurance, and so many things to insure, how do you know which insurance to invest in? How do you know which plans to choose? Which insurance is the best, and which will bring you problems? Many say people should overfund their life insurance – some even say it’s a smarter retirement plan than investments – but is that the right choice for you? With so many perspectives and so many people after your money, it’s hard to tell what is necessary and what is not. One thing is sure: you will make or break your retirement with your insurance.
Healthcare & Long Term Health Insurance
What about long term care insurance? Will you need it? The cost of healthcare in general is a big concern for people going into retirement, and the cost of long-term care can be quite shocking if you’re not prepared. If you’re thinking about investing in long term care insurance, consider this statistic: 70% of people over 65 will need some form of long-term care at some point. Without insurance, will you be able to afford it?
Insurance Questions? Ask us, it’s our Focus.
A shocking 3 out of 10 Americans don’t feel they have enough life insurance coverage. How do you know if you’re in the right plan – before it’s too late? If you still have questions about insurance in retirement, you’re not alone. That’s where Compass Retirement comes in! At Compass Retirement, we’d love to answer those questions, and help guide you in a realistic plan that will secure your future. Whether you’re deciding on a life insurance plan, or you’re trying to find out if you should invest in long term care insurance – and how to afford it – Compass Retirement is here for you.