These days, achieving financial security has become a multifaceted challenge. People are living longer, afraid of outliving their savings, and facing a range of changing requirements and concerns.
At different times in their lives, for example, their top priority might be to:
accumulate assets
maintain the wealth they've achieved
fund a longer lifetime and retirement than ever before possible
cover potential health and long-term-care needs
transfer a business or property to the next generation
fill some other unexpected need.
For some consumers and their advisors alike, this kind of complex planning may seem daunting, if not impossible. That's why having the right protection in your corner is critical.