Archive for December 2008

As baby boomers prepare for retirement, many have a vague feeling that they’d do well to insure themselves against the potentially disastrous cost of long term care. But when they start delving into the details of long term care insurance—perhaps by conducting research on the Internet—they find the subject to be unpleasantly complex, confusing, and downright mysterious. But understanding and weighing your many options need not be a drawn-out and harrowing experience. Here are seven simple points to bear in mind that can serve as a compass as you navigate the various plans and policies currently available.
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For many, the dream of retirement in a warm paradise in the sun seems far out of reach. But Costa Rica offers countless Americans, Europeans, and Canadians (among others) the chance to retire in a beautiful, tropical climate; and unlike many other overseas destinations, this small, stable Central American country is both affordable and relatively crime-free. Here are some of the reasons why many Americans have retired to Costa Rica, and why future retirees should at least consider it.
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We all need life insurance to protect our families should the unthinkable happen. The most economical way to do this is to purchase an inexpensive term policy. While such a policy provides the necessary death benefit, it doesn’t help with your retirement planning.

There is, however, a type of policy that can. It’s called “universal life.”
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