They'll be under pressure to save for retirement on their own, even while
facing higher living expenses because they lack company benefit plans to pay for dental bills, eyeglasses, and other expenses.
Not exact matches
Faced with a job loss or a period of unexpectedly
high living expenses you may feel pressure to abandon your savings regimen or even dip into the savings you've managed to set aside.
Unlike many other
life insurance final
expense plans, Phoenix offers coverage to much younger individuals for
higher face amounts that include:
The term plan design would have a
higher face amount with a lower premium for the most financially volatile years and the Universal
life would have a lower
face amount which would be all you would need since you main
expenses are over such as college tuition and a home mortgage in Chicago.
A big benefit for those over the age of 80 when it comes to final
expense coverage is that while you will need to select a lower
face amount than the kind of coverage offered through whole
life, term
life, and universal
life, you won't be paying the
high premiums associated with that coverage, either.
In most cases, the
face amount on a final
expense life insurance policy will range between $ 5,000 and $ 50,000 — although there are some carriers that will offer plans with
higher face amounts.
Dividends are great, but focus on total return When
faced with the choice between two similar REITs, investors may naturally choose the one with the
higher dividend yield, especially if they plan to use that regular income to pay for
living expenses.