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Life insurance purchases down fourth straight month

Individually underwritten life insurance policy buys fell a fourth consecutive month in November, this time diminishing 3.3 percent from the same period in 2015, MIB Life Index revealed from its latest data.

Many Americans fear going broke in retirement

In a recent survey of financial planners that asked what their clients No. 1 concern was when it comes to retirement preparation, 41 percent said their chief source of anxiety was running out of money.

Even planners aren’t planning enough, survey finds

If you’ve ever wondered if advanced planning is a niche problem or more institutional in nature, consider this: Those who specialize in planning say that they’re not doing it nearly enough as they ought to be.