3 insurance types experts say seniors should buy now [CBS News]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: CBS News
The financial sting may hit even harder for retirees who can't offset inflation with wage growth that working individuals have enjoyed. While inflation has cooled in recent months, seniors on tight budgets still need to be mindful of every dollar they spend. With little room in the budget to spare, it can be challenging for seniors to make sure they're adequately insured , especially when its cost weighs so heavily. That's why it's essential to review your existing policies regularly to verify they still meet your needs. "So many clients at this stage of life don't review their existing policies which can cost them dearly," says Jeff DeLarme, president of DeLarme Wealth Management. "In some cases, that means they run the risk of losing coverage—especially if a policy isn't performing well and the cash value is being used to keep the policy going." To avoid such a costly mistake, it's important to carefully evaluate your insurance needs to determine if you have the right coverage
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News
- Why new retirees may need to rethink the 4% rule [CNBC]CNBC
- Here's What is Included in Seven Corners Capital's Long Thesis for Genworth Financial (GNW) [Yahoo! Finance]Yahoo! Finance
- How to help loved ones suffering cognitive decline, and ensure their savings are secured [Yahoo! Finance]Yahoo! Finance
- Genworth Financial, Inc. (NYSE: GNW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Why seniors should apply for long-term care insurance before 2025 [CBS News]CBS News
GNW
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/29/24 - Form 13F-HR
- GNW's page on the SEC website