There are many financial tools that seniors can leverage. Some build wealth or provide income, while others offer protection for heirs or ensure that end-of-life costs are covered. "Both are valuable ...

Life insurance is usually something you buy earlier in life to protect your children, spouse or both if you die while they depend on your income. However, as a senior, your financial landscape has ...

See the tax advantages and downsides.

Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

The top life insurance companies for older buyers based on our extensive analysis of coverage and costs Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance ...

Dear Savvy Senior: Do I still need life insurance after I retire? I’ve been thinking about dropping my policy to escape the premiums. Is this a good idea? — Approaching Retirement Dear Approaching ...

Helping senior clients through estate planning requires a comprehensive strategy that includes consultations with their legal and tax advisors to ensure proper asset distribution, minimize tax ...

Many Americans are reassessing their financial strategies as economic conditions shift now that we're in mid-2025. While job markets remain stable and inflation has eased compared to recent highs, ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...