3 Themes that Emerged from my FREE Retirement Coaching Calls, Ep #117

<p>I’ve been offering free 30-minute retirement coaching sessions this year and recently, three themes have emerged in these conversations:</p> <ol> <li>Whether or not you should keep life insurance once you retire</li> <li>Struggling with losses in your retirement portfolio</li> <li>Legacy planning and beneficiary planning</li> </ol> <p>So in this episode of Retirement Made Easy, I’ll cover each of these topics and how you can decide what to do. </p> <p> <<<<<<<<<<<<<<<PLAYER CODE GOES HERE>>>>>>>>>>>>>>>></p> <h2>You will want to hear this episode if you are interested in...</h2> <ul> <li>[1:27] How Davis Love III became one of the best golfers</li> <li>[3:31] Three main themes in recent retirement coaching calls</li> <li>[4:52] Submit questions at RetirementMadeEasyPodcast.com!</li> <li>[5:25] Theme #1: Should you keep life insurance once you retire?</li> <li>[10:18] Theme #2: Are you sick of losing money in your portfolio?</li> <li>[16:26] Theme #3: Do you have beneficiary/legacy planning sorted out?</li> </ul> <h2>Theme #1: Should you keep life insurance once you retire?</h2> <p>When you don’t have income, does it make sense to keep life insurance in place? The truth is that there’s no one-size-fits-all answer. I recommend that some people keep their life insurance intact for the first few years of retirement. For others, I recommend they keep life insurance for the rest of their life. </p> <p>You need to determine if a need is still present. Is there still the risk of the premature death of a spouse? When someone is working, we’re trying to ensure their income. If the husband makes $100,000 a year, you want life insurance in place so that if he passes, his wife can continue to pay bills. It would be a tax-free death benefit. </p> <p>When else would you still want life insurance when you retire? Listen to learn more!</p> <h2>Theme #2: Are you sick of losing money in your portfolio?</h2> <p>It’s been a brutal year with investments in the stock market and fixed-income investments (due to rising interest rates)