Social Security planning for families
Do you have a plan to replace lost Social Security income from a loved-one?
Social Security is seldom enough to live on, but the loss of your partner may cost you half of your household income.
A reduced Social Security benefit may be offered to a surviving partner, but a life insurance benefit is better to fund an income annuity, which may replace the lost entirely.
Life insurance is a bargain because the benefit is high, but the premiums are low, often pennies buy dollars of a benefit.
Income annuities are also a bargain because they offer you more than you paid-in for income.
Income replacement planning, and a review of existing products are retirement and insurance services offered by Mark Dierolf @ (831) 753-0507.