If you have ever contemplated buying life insurance, you have to admit you probably never wanted to. Find out how next on Money On Tap.

Insurance. Who needs it?!!~

Why do Americans fear running out of money more than death? A recent Allianz survey found that 61% of Americans fear running out of money in retirement more than they fear death itself. The shift reflects structural changes: pensions have largely disappeared, 401(k)s placed the risk of retirement success on individuals, life expectancy has stretched, inflation has accelerated, healthcare costs are rising, and Social Security is on track for a benefit cut. The fear is rational — and the planning response is to build a multi-source income plan rather than to hope a portfolio alone is enough.

Share Insurance. Who needs it?!!~

Sign up to save your podcasts

Insurance. Who needs it?!!~

Insurance. Who needs it?!!~

More shows like Money On Tap

The Personal Finance Podcast