Insurance and financial planning go hand-in-hand because an unexpected event could cause the best laid plans to be tossed out the window. People should not put lifestyle dreams on hold due to fear of the unknown, an unknown that may be removed from the equation with insurance.
At Marion Investment Advisors, we advise our clients about their insurance options, as opposed to just selling them an insurance policy. We consult, discuss, and propose ideas to limit risk and never simply write insurance policies. Furthermore, we represent most of the well-known insurance companies, so we do not push a particular insurance carrier.
It is becoming common for people to retire with debt. Refinancing a home prior to retiring is an option many choose. Knowing how social security plays out if a spouse prematurely passes away is important for cash flow planning. The possibility of needing long term care, in or out of the home, is real and should be considered in the overall plan.
The list of how insurance is tied to investment planning is as long as the options available. Why not gather the facts and understand the risks and possibilities. Consult with a competent person you can trust to not sell you a policy you don’t need, nor want.
- Life Insurance
- Health, Dental & Vision
- Medicare Options
- Long Term Care
- Cancer and Critical Illness
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.