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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.
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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.
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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.
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