Whatâs An Annuity? The Basics and the Math
What the heck are annuities? Thatâs what weâll focus on today. Weâll explain annuities in simple terms.
What the heck are annuities? Thatâs what weâll focus on today. Weâll explain annuities in simple terms.
Annuities aren’t right for everyone, but they do serve very specific purposes. If you happen to fall into one of these five scenarios, then an annuity can be a real game-changer.
The post When You Should Buy an Annuity: 5 Real Life Scenarios appeared first on Good Financial Cents®.
Annuities offer safe monthly income. And now they’re offering more of it. Here’s why.
Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called âgrayâ divorce, have risen ⦠Continue reading â
The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.
You may want to buy a life insurance policy covering your parents and naming you as a beneficiary if you expect a significant financial impact from their deaths. Insuring a parentâs life can pay for burial expenses, fund an inheritance, ⦠Continue reading â
The post Can I Buy Life Insurance for Your Parents appeared first on SmartAsset Blog.
A beneficiary receives some or all of your money, property and other assets when you pass away.
Estate planning is crucial to leaving your beneficiaries with your possessions as you intend. However, life insurance beneficiaries can conflict with the terms in your will if you arenât thorough. Your life insurance beneficiary designation usually supersedes your will. So ⦠Continue reading â
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Investing in a guaranteed interest account is a great way to secure your money and grow your wealth without taking on any additional risk. Guaranteed interest accounts provide reliable, consistent returns that can be used to supplement other investments or as part of a long-term savings plan. With a variety of options available, it can […]
The post The 8 Best Guaranteed Interest Investments appeared first on Good Financial Cents®.
When your loved one dies and you know youâre the beneficiary of their life insurance policy, getting the payout is typically pretty simple. You submit a claim form and a copy of the death certificate. Then the insurer usually pays the claim within a few weeks. But what if you donât know whether your family […]
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For many people, especially those with spouses and children, buying life insurance can be an important part of being financially responsible and making sure their family is provided for should the worst happen. The first step in determining whether you ⦠Continue reading â
The post What You Need to Know About Life Insurance appeared first on SmartAsset Blog.