为预期做准备
As Teddy Roosevelt once observed, "Old age is like everything else. To make a success of it, you've got to start young."
The challenges seniors have met throughout their lives have made them wiser and stronger, preparing them for the unique challenges that come with aging.
随着年龄的增长, the potential for cognitive decline increases, ranging from simple forgetfulness to dementia. Long-term illness can sap time and energy from tending to your financial affairs in retirement. Even a decline in vision may make it harder to manage your financial affairs.
幸运的是, you can look ahead to help protect yourself and your family against the financial consequences of deteriorating 健康, 在很多情况下, insurance may play an important role.
Let's examine some of the ways you can employ insurance to help protect your financial 健康.
医疗成本
For some, 健康care costs represent a larger share of their budget as the years pass.
认识到这, you may want to consider Medigap insurance to cover the expenses that Medicare does not, 哪一种可以快速累积. You also might want to consider some form of extended-care insurance, which can be structured to pay for nursing home and home 健康care services—two services that Medicare doesn't cover.
管理财富
The involvement you have with managing your investments may change as you age. For many seniors, that sort of day-to-day responsibility is unattractive and even untenable.
If that's the case, you may wish to consider what role annuities can play. Annuities can be structured to pay you income for as long as you live, relieving you of the concern of outliving your retirement money. Certain annuities even offer extended-care benefits, which allow you to address two concerns with one decision.1
转让遗产
如果你像许多高年级学生一样, you have a strong desire to leave something to your children, 孙子, 也许是最受欢迎的慈善机构. Through the use of life insurance, you can pursue these objectives. 例如, life insurance can be used to create an estate or to equalize an estate transfer among your heirs.2
大发888dafa will never be able to prevent the 健康 issues that come inexorably with age, but it can be used to mitigate their potential financial consequences.
1. The guarantees of an annuity contract depend on the issuing company’s claims-paying ability. 年金有合同限制, 费用, 和费用, including account and administrative 费用, underlying investment management 费用, 死亡率和费用, 以及可选福利的收费. Most annuities have surrender 费用 that are usually highest if you take out the money in the initial years of the annuity contact. Withdrawals and income payments are taxed as ordinary income. If a withdrawal is made prior to age 59½, a 10% federal income tax penalty may apply (unless an exception applies).
2. Several factors will affect the cost and availability of life insurance, 包括年龄, 健康, and the type and amount of insurance purchased. 生活 insurance policies have expenses, including mortality and other charges. If a policy is surrendered prematurely, the policyholder also may pay surrender charges and have income tax implications. You should consider determining whether you are insurable before implementing a strategy involving life insurance.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. 请咨询法律或税务 professionals for specific information regarding your individual situation. This material was developed and produced by 消费品套件 to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named 经纪自营商, 在州或证券交易委员会注册 投资咨询公司. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. 版权 消费品套件.
