As 2019 winds down, it’s time to start looking ahead to what’s in store for you and your clients in 2020. By organizing your needs and remaining to-dos you’ll be in the best position to guide your clients to financial success in the new year. Reviewing Items on Your Plate: You can probably think of…
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…
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…
Abacus Life is pleased to announce today that it was granted a life settlement provider license by the Louisiana Offices of the Insurance Commissioner. Abacus is now licensed to purchase life insurance policies in 43 states. Abacus Life looks forward to expanding its secondary market services to the close to 5 million residents in the state of Lousiana,” said…
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…