At one time or another, roughly half of the citizens living in the United States will have to obtain high levels of services and support for long-term care after the age of 65. Such support will go toward helping them to have a quality life by way of enjoying everyday activities with as much freedom as possible.
These days, more and more people are putting off retiring by the time they reach 65. Instead, these Baby Boomers are opting to continue working until they are a bit older, usually by the time they reach 70.
Your adult children need all the support and encouragement they can get from you when it comes to money. Many people today require the advice of not just a professional money manager but individuals who have been through life and have seen a lot.
The purchase of life insurance is typically triggered by a life event, such as marriage, the birth of a child, a home purchase or a job promotion. So, it is not uncommon for many people to change their life insurance coverage three or four or even eight times throughout their lifetime.