I’m turning 80 Am I too old to buy life insurance?

Like most insurance, life insurance is cheaper to buy the younger you are when you buy it. This is great news if you’re in your 20s or 30s, but what if you’re a little older and in the market for a new life insurance policy? How old is too old?The answer depends on the type of life insurance you’re shopping for, but one thing’s for certain — no matter what your age today, it’s better to buy a life insurance policy now rather than waiting a year. The price goes up as you get older Premiums for term life increase by about 8% per year in your late 40s, and that rate of increase continues to climb to 9-12% per years after age 50.To illustrate this, we used Policy Genius Life insurance…

0 Comments

A Critical Shortage of Nurses, The COVID-19 pandemic.

Nurses are on the frontlines of the COVID-19 pandemic. Along with other health care workers, they face an increased demand for their services—which puts them at greater risk of catching coronavirus. So, in honor of National Nurses Week (May 6 through May 12), we are taking a look at our work on shortages in the nursing and health care worker communities. We are also reviewing federal efforts to respond to these shortages, including through the CARES Act (Coronavirus Aid, Relief, and Economic Security Act). The nursing workforce Nurses are the largest component of the health care workforce. They provide much of the care for hospital patients and deliver most of the nation’s long-term care. However, the U.S. has been facing a critical nursing shortage for years, partly due to increased…

0 Comments

RETIREES MOVING TO… COLLEGE?

If you plan on relocating during retirement, there is one type of location that may not be on your radar, but it should be. College towns. According to a U.S. News & World Report article. there are many great reasons why moving to a college town in retirement is a smart idea. And it seems like many retirees are already in the know. College towns boast many events and venues that are perfect for retirees. Universities have a packed schedule of sporting events, concerts, guest speakers, art exhibits, festivals, theater productions etc. Being near a college gives you an endless supply of things to keep you enlightened, connected to the community, and just plain busy. Access to quality medical care is usually, and should be, a top priority when deciding…

0 Comments