Is There a Connection Between Obesity and Poverty?

Is There a Connection Between Obesity and Poverty?

Combating obesity in America has become an economic, health, and political issue. Data from the National Health and Nutrition Examination survey show that more than two-thirds of Americans are overweight or obese.

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How Should I Plan for Retirement?

How Should I Plan for Retirement?

In the 1960’s, Bob Dylan sang, “The times they are a changing.” For many of the Baby Boomers who heeded that call, the times have definitely changed, especially the state of the economy.

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Life Insurance Companies Paying Off Federal Loans

Life Insurance Companies Paying Off Federal Loans

American International Group was not the only life insurance company to take strides toward paying off federal loans this month.

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Are There Consequences to Canceling a Life Insurance Policy?

Are There Consequences to Canceling a Life Insurance Policy?

In a down economy where jobs are scarce and pennies are being pinched, some people favor canceling their life insurance policy in order to put that money towards immediate expenses.

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Health Insurance Coverage Options After a Job Loss

Health Insurance Coverage Options After a Job Loss

Should you loss your job or employer-provided health insurance, there are multiple options available to you and your beneficiaries.

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How Much Do I Need to Save for Retirement?

How Much Do I Need to Save for Retirement?

Once upon a time, the majority of middle-income Americans who reached retirement age looked forward to maintaining their lifestyles with a combination of Social Security, company pensions, and their own hard-earned savings. Above all, most of those retirees were concerned about leaving an inheritance to the next generation.

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Insurance tips for tough economic times

Insurance tips for tough economic times

Roughly 56 percent of Americans say the economic downturn has made it more important to have life insurance, compared to just nine percent who believe the need has diminished, according to a survey released by the nonprofit Life and Health Insurance Foundation for Education (LIFE Foundation). In addition, over the past year more people appear to have added to their life insurance coverage than have lost or reduced their coverage.

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How Do You Know When To Retire?

How Do You Know When To Retire?

Almost half of Baby surveyed in Gallup say that they don’t expect to retire until they are 66 or older, including one in every 10 who predict they will never retire. For those that have what they need financially, 66 is their expected year while many feel that 73 will be a more opportune time for retirement.

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Best annuities to buy in down economy

Best annuities to buy in down economy

As more and more Baby Boomers hit retirement age, the fallout from the recent economic downturn could force them to adopt more creative solutions to retirement security, including annuities, according to the New York Daily News.

Annuities are a financial instrument, typically sold by life insurance companies, that provides a guaranteed income based on the amount of money that is invested in it, the Daily News reports, adding that the investment can be made either in installments or in a lump sum.

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Use whole life insurance to pay unexpected expenses

Use whole life insurance to pay unexpected expenses

The economy is in rough shape and showing few signs of recovery. Add to that a retirement landscape experiencing dramatic shifts, rising healthcare costs and inflation, and you have a picture of retirement that few Baby Boomers would be tempted to call rosy.

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