average life insurance payout

The Complete Guide to Life Insurance Payouts in 2025

If you have a life insurance policy, you may have some questions about the death benefit or payout beneficiaries will receive after you pass away. The average life insurance payout is $168,000 according to Aflac and insurance companies typically pay claims within 14-60 days of a claim’s submission. However, various factors can impact the payout amount and timeline for payment. […]

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Senior couple meeting with an advisor to determine if they should sell their life insurance policy

Should I Sell My Life Insurance Policy?

As you get older and your situation changes, you may decide that your life insurance policy is no longer necessary. Maybe it’s because your loved ones are financially independent, or maybe it’s because your rates have increased and made the policy unaffordable to maintain. In either situation, you’re left with a decision on what to do with

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Retiree counting money

15 Ways to Make Money in Retirement

Enjoying retirement means having a comfortable income, either from savings or benefits. However, recent studies suggests that nearly half of retirees struggle to afford basic living expenses and it’s only getting more difficult with inflation reducing your purchasing power. If you’re running out of money or just looking for some ways to get extra income, we’ll share the top available

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senior man going on a run

Nourishing the Golden Years: Nutrition and Wellness Strategies for Healthy Aging and Longevity

The Importance of Nutrition in Aging As we age, our bodies undergo a range of changes, impacting everything from metabolism to nutritional requirements. This period of life calls for a reevaluation of dietary habits to align with the body’s evolving needs. It’s not just about what we eat, but how our body processes it. One

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retired couple looking at their finances

What Happens if You Run Out of Money in Retirement and What To Do About It

A 2023 poll from Allianz Life found that 61% of Americans are more afraid of running out of money than death, and 40% of respondents admitted their retirement strategy was derailed and they aren’t sure when or how to get back on track. The fear of running out of money is so bad, that 46% of Americans around the

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Person opening a letter with a check

Cost of Living Adjustments Explained for 2025

As inflation reduces people’s buying power, it can be difficult for people to afford living expenses like food, housing, and medical care. In response to rising costs, the government and some employers have implemented Cost of Living Adjustments (COLAs) that increases the amount of money you receive each month. In this post, we’ll explain what

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Medicaid application form

What is Medicaid Redetermination and Will I Lose Coverage?

At the beginning of the COVID-19 pandemic, Congress enacted the Families First Coronavirus Response Act (FFCRA), which featured a provision to keep people continuously enrolled in Medicaid through the end of the pandemic public health emergency (PHE). This meant that people would stay enrolled in Medicaid, even if they no longer met the eligibility requirements

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