We kick off our five-part series about financial myths with a product that Ben has worked with in his career: life insurance. Many people feel life insurance isn’t needed after retirement, but that’s not the case. We’ll explain life insurance options, why it can be needed after retiring, and how it can become an income source.
Today's rundown:
1:43 – Part 1 of the series focuses on the myth: ‘I don’t need life insurance after I retire.’
1:58 – Getting to Know Ben: What hobby would you take up if money and time weren’t an issue?
3:28 – Introducing the series ‘Busting the Biggest Financial Myths’
4:04 – Ben has experience in life insurance.
4:57 – Explaining the different types of life insurance.
6:08 – What would cause someone to need life insurance after retiring?
7:38 – How do you determine whether life insurance is needed for you personally?
9:14 – Life insurance can be a way to take income in retirement.
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