Should You View Insurance as an Investment?
Submitted by Scott Machen on March 21st, 2017
Finding the right insurance to invest in – or use for long-term planning – can be complicated for many investors
Fee Based Advisory Services
401(k) Retirement Plans and Individual Retirement Accounts
529 Qualified Tuition Plans
Mutual Funds
Simplified Employee Pension Plans
Real Estate Investment Trust (REIT's)
Life Insurance
Long-term Care Insurance
Finding the right insurance to invest in – or use for long-term planning – can be complicated for many investors
Americans are notoriously skittish about handling end-of-life financial needs, which is understandable given the taboo nature of dealing with one's own eventual demise.
There's a reason so many financial experts talk of a retirement crisis. It's estimated that one out of every three Americans has absolutely no retirement savings, while 30% of baby boomers 55 and over have yet to begin building a nest egg. Yet current retirees are in surprisingly good spirits despite the fact that many entered this new stage of life behind on savings.