Explore straightforward articles about health insurance, life insurance, annuities, retirement planning and employee benefits from Jay A. Cohen, The Ocala Insurance Guy.
Rising everyday costs can strain a retirement plan during a market decline. An existing cash-value life policy may offer another source of funds, but loans and withdrawals have costs and risks. Read more
A practical life insurance needs analysis can help families estimate income replacement, debts, education, caregiving responsibilities and available resources. Read more
An IUL IRR report can make a life-insurance illustration easier to evaluate. Learn what the percentages mean, which values are guaranteed and how to compare policy designs fairly. Read more
The Rule of 110 offers a simple starting point for considering stock exposure by age, but retirement risk also depends on withdrawals, income, inflation and time horizon. Read more
Retirement sequence risk describes the danger that poor investment returns early in retirement can cause more lasting damage when a retiree is also withdrawing money. A market decline at age 40 can be uncomfortable, but continued contributions and decades of potential recovery may help. A similar decline immediately before or after retirement can be harder … Read more
Life insurance for blended families requires careful coordination among spouses, children, stepchildren and former-family obligations. Explore 15 practical ways to review beneficiaries, ownership, coverage and estate-planning concerns fairly. Read more
Term life insurance conversion may allow eligible coverage to become permanent insurance without new evidence of insurability. Learn 12 steps for reviewing deadlines, costs, options and long-term needs before your term policy expires. Read more
Life Insurance Awareness Month is a helpful time to review your coverage, beneficiaries and changing financial responsibilities. Follow these 12 practical steps to evaluate how well your current protection fits your family’s needs. Read more
Life insurance for stay-at-home parents can help replace childcare, household support and lost income when a surviving parent must take on additional responsibilities. Read more
An annual life insurance policy review can reveal outdated beneficiaries, coverage gaps, changing premiums and policy-performance concerns. Use these 15 questions to review your coverage each year. Read more