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Funding Long Term Care for Your Parents

Funding Long Term Care for Your Parents Financial milestones don’t stop at having children, getting married, or retiring. For many, planning for long-term care for your parents is a financial consideration. According to a study conducted by Genworth, the national average cost of an assisted living facility in 2019 is 48,612. Up from just $28,800…

Growth Abacus

Conning: Life Settlements Continue Growth

Conning has recently released its aptly titled fourteenth annual life settlement report, “A Market Takes Off”. Conning explores the expansion of the life settlement industry relative to carrier performance, cost-of-insurance drivers, a surge in retiring baby boomers, and growing interest from investors. According to Conning, the life settlement market could see double-digit expansion over the…

Bridging the Retirement Gap

Bridging the Retirement Gap As baby boomers head toward retirement, the growing retirement gap is in urgent need of help Consistent advances in medical science and senior health in industrialized nations have resulted in considerably longer retirements. On the surface, this is great news. Modern seniors are living longer and healthier lives. Retirement savings haven’t…