Baby boomers are increasingly considering their insurance policies as a source for paying for retirement. They can sell unneeded life insurance policies for a portion of the face amount. This is known as a life settlement and according to reports it has become more practiced in recent years as a viable financial option for aging baby boomers.
Even Betty White is getting in on the action. The 90-year-old actress and recent SAG Award winner for the “Best Female Actor in a TV Comedy Series” appeared in a YouTube video about this concept. The video has received more than one million hits. “It