Bought or sold a house this year? Planning to downsize or retire? These are all questions to consider as you form your financial strategies for the upcoming year and beyond. In addition to the death benefit that can be provided with a whole life insurance policy, the cash value that builds up can serve as a source of funds for various opportunities or needs that can spring up.1,2
Being a new homeowner is exciting but can also come with a long list of expenses. Whole life insurance is a tool that can be used for its built-up cash value when you might need it. Read this Living Confidently article that discusses a few of the potential hidden costs of homeownership.
Some individuals may be ready to finally empty their nest and are ready to plan for their new chapter as a retiree. It’s no secret that Social Security benefits may not be sufficient to cover all your costs. This infographic is a useful resource to see the benefits of owning a whole life insurance policy as a means to help you in your retirement years.
Consider the value a life insurance policy can add to your overall portfolio when it comes to your wealth and retirement strategies. Connect with a financial professional at Strategies for Wealth to learn more.