Nicoletti Capital

01/27/2023

Until 2030 10,000 baby boomers will retire each day until 2030...

Nearly 10,000 baby boomers turn 65 every day. This generation, defined as those born between 1946 and 1964, The Census Bureau says that in 2020, the U.S. population over the age of 65 was about 56 million (nearly 17% of the total population); by 2031, the U.S. population over the age of 65 will number an estimated 75 million, almost double what it was just in 2008.

01/23/2023

12/29/2022

"I don’t need life insurance since my savings is at a comfortable amount"

Fact: The national median cost of a funeral with a viewing and burial is $7,848, according to the National Funeral Directors Association. Your savings were likely for retirement, so your loved ones may have to pay for your funeral costs if there is not enough left over. Additionally, if you have any debts, your estate will use your savings to pay for those, which could reduce the amount left for your beneficiaries.