Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Life insurance is a fundamental part of sound financial planning. In return for a monthly fee to a provider, the insured can secure a financial safety net for their loved ones in the event of their ...

Best for payment flexibility: Guardian Life. Best customer experience: Northwestern Mutual. Best for coverage flexibility: USAA. Best for burial insurance: AARP/New York Life. The cost of life ...

Life insurance can benefit both seniors and their loved ones but the pricing structure can be higher. / Credit: Getty Images Life insurance can be helpful at any age, ensuring your loved ones are ...

Need affordable life insurance after 70? Finance expert Stacy Johnson breaks down the two main options for seniors—simplified issue and guaranteed issue policies—including the surprising waiting ...

Helping senior clients through estate planning requires a comprehensive strategy that includes consultations with their legal and tax advisors to ensure proper asset distribution, minimize tax ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Dear Savvy Senior: Do I still need life insurance after I retire? I’ve been thinking about dropping my policy to escape the premiums. Is this a good idea? — Approaching Retirement Dear Approaching ...

Is there any place for a very healthy male of 73 to find term insurance? I looked online, but no success. Thanks. Well, as Brad discovered, many insurers won’t write a term life insurance policy once ...

Photo of two seniors walking with shopping bags, iStock. In an unexpected turn of events, seniors aged 75 and above have unearthed a unique financial avenue to navigate their golden years through life ...

In the face of ongoing economic uncertainty and rising inflation, Americans are taking a closer look at their financial plans. While a potential recession and skyrocketing consumer prices are taking a ...