If you’re taking care of an aging parent or another loved one who needs special care, consider purchasing additional life insurance. If something happens to you, the financial burden of taking care of that loved one could fall to your spouse or children. Buying or adding to a term policy or whole life policy can help your family pay for ongoing care or nursing, as well as your funeral and burial costs, final medical expenses, estate costs or other financial obligations.
Below are some helpful guides, calculators and videos.
Insurance Needs to Consider as a Caregiver
Being a caregiver to a parent or loved one comes with many new responsibilities. Learn about the kinds of insurance you need as a caregiver.
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4 Steps for Managing Financial Challenges as a Caregiver
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Answer some simple questions about yourself to find out how much life insurance coverage you need.
Start with how much you want to pay each month and then determine the most coverage available for your budget.
Social Security Retirement Income Calculator
Use this basic calculator to help determine how many retirement years you may need to plan for or how many years you may need to provide income to a surviving spouse or children.
Saving for Retirement Calculator
This preretirement calculator will help you determine how well you are prepared and what you can do to improve your retirement outlook. Find out how much of your salary you should save for retirement on a monthly and yearly basis.
Retirement Living Expenses Calculator
Use this calculator to help compare living expenses now with the day you retire. This will also help you plan your saving requirements for the day you retire.