Episode 058:
Why Seniors Should Buy Life Insurance
Traditionally life insurance is for younger couples who have children or a surviving spouse to care for. Well…I’m not traditional, life insurance is just another tool. As with any expert at their craft, life insurance can be used to do incredible things. Listen in on why I think seniors should buy life insurance. I cover multiple ways to use this tool.
Included in this episode:
- As a cash alternative
- As a social security or pension income replacement
- As an inflation adjustment to your income
- As a bond alternative in 60/40 plans
- As a stock market/mutual fund/risky investment alternative
- As an inheritance multiplier
- As a tax-free retirement plan alternative for the kids
Important links:
- Get the best retirement recommendations by contacting Charlie on the contact page.
- If this episode and concept interests you at all, visit www.TalkWithCharlie.com to schedule a time to speak with me in person
- Listen to the Renovating Retirement Podcast on a computer at www.ListenToCharlie.com
- Listen to me on iTunes and Libsyn
- Watch all of my educational videos at www.WatchCharlie.com
- Read the books I’ve written at www.LearnFromCharlie.com
Charlie, your host:
“Charlie Jewett is an Author, Speaker, Podcast Host, Consumer Advocate, and Investment Advisor from San Diego, Ca. Charlie has spent the last eleven years trying to change the way the industry professionals and consumers think about Retirement. Charlie provides education materials that help people to create their own financial plans and offers services to protect consumers from the bad guys in the Financial Services Industry.”