Home / The Retirement Institute (page 2)

The Retirement Institute

What to Know Before Selling Your Life Policy

While it’s not as popular an option as it was in the 1980s, selling a life insurance policy through a life settlement (or, for the terminally ill, a viatical settlement) is still an option explored by many seniors in need of some funds to help pay for medical and living …

Read More »

The Benefits and Drawbacks of Guaranteed Life Policies

The Benefits and Drawbacks of Guaranteed Life Policies   Some of the products advertised to the senior audience are extremely helpful in enhancing their lives throughout retirement. Other products, however, offer little real value and make a lot of promises that are simply untrue. One of the products often advertised …

Read More »

Life Insurance Awareness Month

September is Life Insurance Awareness month and at The Retirement Institute, that means we spend a few weeks deeply focusing on life insurance and how it impacts both pre- and postretirement seniors.   Why Life Insurance Matters to Seniors   Many seniors are concerned about the legacy they’ll leave behind …

Read More »

Five Medication Mistakes

Five Medication Mistakes   It’s not unusual to be regularly taking one or more prescription medications by the time you reach 55. Even if you don’t take a prescription med, you might be taking over-the-counter meds such as aspirin, Benadryl and Aleve to help with your pain, allergies and sleeping. …

Read More »

Should You Discuss Retirement Plans with Your Kids?

You’re not the only person who has a vested interest in the success of your retirement plan. If you’ve got children, then it’s likely that they too are concerned that you’ll have enough saved to retire, live comfortably and pay for adequate medical care. The Many Reasons Kids Are Concerned …

Read More »

Want to Get Healthier? Do Your Own Chores!

As we age and hit a certain point on the socioeconomic scale, it’s not unusual to begin hiring people to complete some of those boring daily chores that we no longer want to do. This can mean hiring people to do yard work, landscape maintenance, home cleaning and laundry. But …

Read More »

Streaming Media: Why You Should Get on Board

In the 1970s when cable television entered the scene, the entertainment landscape changed dramatically. Gradually, we were introduced to the 24-hour news cycle, the idea of hundreds of channels to surf through and the joy of having music, sports, TV shows and movies at out fingertips. Now, with the popularity …

Read More »

The Downsides of an RV Trip

Many preretirees dream of a day when they can finally be free of work and travel the U.S. in a recreational vehicle (RV). And while there are thousands of seniors who make this dream a reality and love every minute of it, there are also many who spend a lot …

Read More »

Should You Lend Relatives Money?

Our retirement savings are exposed to many different hazards. Most of the time, we try to find ways to shield ourselves from dangers such as market risk, interest rate risk and liquidity risk. But there’s one threat we may not even realize we’re vulnerable to: the family or friend loan. …

Read More »