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Ready For Retirement

Financial Tune Up - What to Look For When Reviewing Insurance Policies

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 11 May 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Ready for Retirement podcast is part three of the financial tune-up series: What to Look For When Reviewing Insurance Policies. Questions answered: What do I need to look for when looking at insurance policies? What strategies can I implement to improve my financial future? What is the best approach for my individual situation? Are you ready to start focusing on the things that truly matter when it comes to your financial future? Checklist - What Issues ...

Transcript

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0:00.0

Discover the tips and strategies that will help you achieve your retirement goals.

0:09.3

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

0:14.6

It all starts right here on Ready for Retirement. for retirement.

0:29.5

Hi, everyone and welcome back to another episode of Ready for Retirement.

0:30.8

I'm your host, James Cannell.

0:34.0

And today we are continuing our financial tune-up series.

0:38.0

After a year of chaos and a year of change for a lot of people, a lot of disruption for a lot of people, really probably everyone, I should say. This is a great time to make sure

0:42.7

that your finances are in order. Every time is a great time to make sure your finances

0:46.4

in order, but no time like this where there's been so much change and so much that has

0:52.2

gone differently than most people would have expected.

0:59.1

So what we're doing today is this is the third episode in our four-part series, the financial tune-up series. Today what we're going to be talking about is what issues should I consider,

1:03.4

what issues should you consider as you review your different insurance policies? We'll talk

1:07.8

about health insurance, life insurance, disability insurance, and long-term

1:11.7

care insurance. And just like the other two episodes prior to this and like the episode next week,

1:16.8

all of these checklists and sheet sheets will be available on the Ready for Retirement web page.

1:21.9

Readyforretirement.co, go to the podcast page and find today's episode, and there will be a checklist that you can download

1:28.6

that has everything that we'd be going over today, just as we did for the last couple of episodes.

1:33.8

So let's look at this. The first thing that we should always look at with insurance is what's

1:38.3

the need for insurance? Well, insurance is there because it protects us against things that probably

1:43.9

won't happen,

1:45.0

but if they do happen, could have a potentially devastating impact upon us financially.

1:50.0

So those things are not always fun to talk about, but there could be an extreme health event.

...

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