When women stop working, their retirement savings and investments bring in about 30% less income than men’s, according to a TIAA survey published by PR Newswire's....
The term “life insurance” is a broad term used for various types of policies. Thus, before buying, you should know that the contract conditions are different, writes The Financial Express....
Life insurance is not usually a priority for Canadian retirees. However, some types of policies can play an important role in the lives of older people, writes The Globe and Mail....
Preparing for a secure financial future starts with creating a financial plan that helps you build a diversified portfolio. The government plans 401 (k), 403 (b), or 457 (b) can maximize worker retirement plans. Insuring your financial future makes a...
Fidelity has analyzed national data on retirees’ spending and found that most people need 55% to 80% of their pre-retirement income to maintain their post-retirement lifestyle, according to Entrepreneur magazine....
More than 70% of American respondents prefer to work for companies that give them access to guaranteed lifetime income upon retirement, according to the TIAA 2021 Lifetime Income Survey....
The US pension system is multi-layered. One part of pension is paid by the state, and the other one is accumulative. The latter, in its turn, consists of what the employer company pays (the so-called 401K), from government funds, if it is a civil ser...
For years, Americans have been converting their savings from stocks to bonds before retirement. Bonds are more reliable financial instruments, but these securities bring less income to their owners. A new study by David Blanchett (Prudential Financia...
The birth rate worldwide has been steadily declining over the past few decades against the background of increasing life expectancy: the aging of the population has become global. According to the UN, in 2018, for the first time in human history, the...
American households with different income levels are increasingly buying life insurance policies. The experts believe that the increased demand for insurers' products was provoked by the coronavirus epidemic, writes The Wall Street Journal....
The New York Digital Investment Group (NYDIG) has recently released a new poll, according to which, 46 million Americans invest in bitcoin, which is nearly 17% of the US adult population, Bitnewstoday reported....
For several years now America has been smoothly plunging into the pension system crisis. By some estimates, one in five Americans has less than $5,000 in retirement savings, reports SouthFloridaReporter.com....
According to a recent nationwide poll, 62% of Canadians with life insurance ought it to employers, writes Global News....
People usually don't like to pay for insurance, make a will, or conclude a marriage contract. In any case and under any circumstances, death always comes as a shock to the family. Life insurance can be a good help at such a moment; it will provide fu...
About 30 million baby boomers retired in the US in the third quarter of 2020, according to the latest report by Pew Research Center. It is 10% more than the same period in 2019, according to NBC12....
The largest rating agency A.M. Best informs that the US life insurance and pensionary sector continue to face significant challenges, Forinshurer writes....
Along with retirement, family and leisure planning, financial planning is the basis for planning a successful life in general and life in retirement, in particular, writes Business Insider....
Life insurance comes in many forms. Therefore, it is important to choose the right policy that suits your needs....
Sometimes insurance company refuses its client. What is the reason for refusal? Refusal to make the payment under personal insurance contract is induced by the fact that clients hide their illnesses or sports, writes Forbes....
Neurologist Viktor Shakhnovich spoke about first symptoms of dementia and what tests should be taken before the disease is advanced. Also, the physician points out that Alzheimer's disease and dementia are two different diseases, writes the Profile p...
