Life Settlements Provide Seniors With Funds To Pay Rising Long-Term Care Insurance Premiums

Seniors who purchased long-term care insurance to protect their retirement funds experienced steep hikes in their premiums over the past few years. Average increases are 50-60%. Since long-term care insurance premiums usually come out of a household’s monthly budget, this significant rate increase puts seniors in an unfortunate position. Read more

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Planning for a Healthy Retirement

As we age, conversation among friends leans less towards the next big job opportunity or raise, and more toward the possibility and luxury of retirement. While assuming that perhaps others are retiring early, the assumption is right. According to a USA Today report, the average age of retirement is 63-years-old in the United States. This is a two year decrease, compared to the previous standard retirement age of 65. While the average age of retirement creeps down, evidence proves that Americans are living longer than ever before. There are roughly 72,000 centenarians, people over the age of 100, in the United States. That means if you are one of those lucky enough to reach 100 years old and retire at 65 you will have 35 years of retirement. Read more

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