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Will you be working "After" retirement? Then Think About Life Insurance

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Will you be working "After" retirement? Then Think About Life Insurance -

A new study Merrill Lynch / Age Wave found that 47% of respondents aged 50 and over who identified themselves as retirees working or planning to work during their retirement years. In addition, 72% of pre-retirees in this age group said their ideal retirement will include some form of work. Retirement, which was from 62 to 65 years, is now generally 65 to 69.

The financial crisis unforgotten can play a role in those years of prolonged labor. Many people panicked after the market crash, are out of stock and has never had before. They locked the losses they took then and are still trying to recover.

Often overlooked in these situations is the need for life insurance beyond the "normal" retirement years.

people are living longer these days and may be afraid of outliving their money. Even those who are financially are worried. One solution is to work a few more years. Work can be full or part time, depending on the health and interests of the individual, but often overlooked in these situations is the need for life insurance beyond the "normal" years of retirement.

If you still need to work to make ends meet after retirement, what happens to your surviving spouse and family members if you were to die? The need for income does not disappear.

The solution to this problem is life insurance that remains in effect after your normal retirement age. If you do not survive long enough to complete your financial goals for that comfortable retirement, life insurance can fill the gap and replace the income that has been lost.

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