If you’re old enough to remember rotary-dial telephones and black-and-white television, then you’ve probably heard of long-term care insurance.
A new NerdWallet analysis looked at the insurance department websites of all 50 states and Washington, D.C., to determine just how helpful they are to consumers.
There’s nothing that will make you focus on the here and now like having a baby. But now more than ever, you should be planning for your future. Here the Nerds offer clear advice for new parents’ retirement planning, covering:
Ah, tax time. The most dreaded time of the year gets even more complex when you have a child. The good news is that your little one could mean you get a bigger refund or owe less when Uncle Sam comes knocking.
Choosing child care is one of the biggest decisions you’ll make for your new baby, especially if you’d prefer strapping her to your back and taking her with you everywhere. If you’re like most parents, you’re already dreading the initial days of separation after spending so much one-on-one time with your bundle of joy. Here, the Nerds make the process a little easier by:
In the midst of buying baby clothes and preparing for the sleepless nights of new parenthood, estate planning may be far down on your list of priorities. You may not even fully understand what estate planning is. That’s OK. We’re here to help you consider the key aspects of estate planning, including:
Penn Mutual Life Insurance Co. is owned by its policyholders, which means that customers who buy whole life insurance can share in dividend payouts when the company does well. The company set its 2019 dividend payout at $87 million. Founded in 1847, Penn Mutual sells life insurance through its national network of financial advisors and does not provide quotes online.
Founded in California in 1868, Pacific Life offers life insurance, annuities and investment products to individuals and businesses. The company sells term life insurance and a broad selection of permanent policies, including life insurance that can provide long-term care benefits. Pacific Life is a top seller of universal life insurance, a type of permanent policy. Life insurance quotes are not available through the company’s website.
By Eric JorgensenLearn more about Eric on NerdWallet’s Ask An AdvisorOften I hear people say, “Insurance is a scam” or, “It’s too expensive.” But I’ve never heard anyone complain about insurance when they’ve needed it.
What type of life insurance is best for you? That depends on a variety of factors, including how long you want the policy to last, how much you want to pay for life insurance and whether you want to be able to withdraw money from the policy later.