When planning for retirement, establishing a steady source of retirement income and securing a life insurance policy are two key considerations. It is also important to consider quality of life: you worked hard to build your lifestyle, and now is the time to kick up your feet and relax. The source of your income and care in retirement should be a combination of life and health insurance policies, and a sound investment strategy or employer-provided retirement package. A plan that is both diverse and tailored to your needs is best.
Particularly with the increasing cost of long-term care, evaluating the available options for you or a loved one will ensure that retirement years are spent in comfort, while also protecting your family’s financial future.