Life insurance is commonly purchased to provide financial support for the policyholder’s loved ones in the event of an untimely passing. It acts as a legacy planning tool that can provide funds for ...

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...

When planning for retirement, financial decisions must balance security, growth, and tax savings. The Life Insurance Retirement Plan (LIRP) is a lesser-known yet powerful tool for retirement planning.

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Without the right protection in place, even the most well-crafted retirement ...

Many people think they don’t need life insurance in retirement, especially once the kids are all grown. Whether you’re approaching retirement or are already there, and are thinking life insurance ...

Retirement is the perfect time to simplify your life — and that includes your insurance. But knowing which policies to keep, drop or tweak isn’t always obvious. Some coverage becomes less necessary ...