National Catholic Forester
24
You have kids—and
grandkids—who may
need your support.
How much will it cost to raise a
child to age 17? In households with
income over $105,000, it's estimated
to be $399,780. Per child. Without
college expense. Combined expenses
may be $650,000 or more. How
many children do you have?
Let's be realistic. If you have an adequate
investment and pension portfolio; if you have
made provisions for your health care costs; if
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support, maybe, just maybe you can afford to
retire.
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has a life expectancy of 87 and a woman,
89; and that 38% of the men and 50% of the
women will live to age 90, according to recent
research on longevity risks and retirement.
So, do you still need life insurance as you're
heading toward retirement? Let's look at three
reasons you might.
1
THREE
REASONS
You May Still Need Life
Insurance as You Head
Toward Retirement
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