Ever had regrets? Wish you could change something?
Look at all these zombies from Night of the Living Dead!
Why did they come back and why are they so sad and angry?
It's simple, but the cameras never showed this part - they came back to get some life insurance but their agent said, "No - you're dead! It's too late!"
So now they roam around knowing that they did not leave behind what their families needed - and it makes them sad, and angry...especially when they see someone who can still get life insurance! That's why they attack!
Get some life insurance - your family needs it and you won't have to get all sad and angry when you die. Your family may still have to deal with zombies but at least they will have money for guns and ammo!
How is a Medicare Supplement different than Original Medicare? Medicare provides benefits for the most acute medical needs. However, it can still leave policyholders with out-of-pocket expenses. Those expenses could be substantial if the policyholder experiences a catastrophic illness or repeated hospitalizations. A Medicare Supplement plan can give added health insurance coverage to help protect against such expenses. Medicare Supplement Insurance is available from private insurance companies and helps fill in the gaps that original Medicare does not pay. So, it is not original medicare vs. a medicare supplement. Rather, it is both. A medicare supplement compliments original medicare - it's great!
Who will pay for your final expenses? Let's say you are retired, living on a fixed income, and have little to no savings. Let's say you are 67. Ok, you know that you are going to pass away at some point either due to accident or illness and someone is going to pay for the funeral and burial expenses. Who? We have already established that you don't have savings, so that leaves the children to take care of the bill. One option would be to tell them, "Just put me in a cardboard box, etc., I don't want you to spend much on my funeral." But...(aside from the cardboard box idea not meeting legal standards) your spouse, children, family, and friends will want more than that for your funeral and the funeral is not for you - it's for them! All that to point out - there will be funeral expenses and someone will be writing the check. That's where a final expense policy comes to the rescue. It is a small permanent life insurance policy that will help take care of all or some of your final expenses depending on how much coverage you get.
And...even if you put 50 bucks a month away to save for your final expenses for the next 15 years, you would still only be saving about the same amount as the policy coverage amount. So, you can start saving on your own or you can make a policy payment knowing that if God calls you home sooner than later, your family will still have the money!
Final expense coverage has become very popular - It doesn't involve much to apply (a few medical questions), the premiums never go up, the coverage never goes down, and you have peace of mind knowing that your final expenses are taken care of...by you!
It is also important to have a will and make sure your family knows what your wishes are and where to find everything. Take the time to put all that in place - it makes sense.
I have heard many people debate with each other the pros and cons of drawing social security early vs. delaying to maximize the monthly amount. While there may be specific reasons to draw early, here are a couple of strong reasons to put it off. Life expectancy! People today are living longer. That means those in retirement have to plan further into the future. One way to help ensure you have enough dough to last is to maximize social security. Another important factor is the COLA increase, which is about 3% annually. A higher social security benefit means a larger COLA increase. For most people, social security will be a primary part of a solid retirement. Delaying rather than drawing early could make the difference between running out, barely getting by, and living comfortably.