What qualifies as a successful retirement? I explain why it’s more than not being reliant on fixed amounts. I then take a look at living trusts and life insurance issues by discussing bypass trusts, by leaving an IRA to your kids, the Department of Labor rule that prevents sales of bad financial products and why life insurance sales are decreasing.

I also respond to a couple of listener emails. One couple asks what they should do with their assets when they don’t trust anyone to sell or donate them after their death. Another couple has a family revocable living trust are unsure who to label as the beneficiary of their IRA accounts.

 

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.