Stretching Your Dollar: Understanding Life Insurance Loans
Tom McNeela, chief RIA solutions officer with RetireOne, joined Cheddar News to explain how people can use their life insurance policies for an emergency loan. "There's a lot of advantages and opportunities with permanent life insurance policy," he said, "if you have one, and there's cash value in there, you can take a loan out, and most of the time, it's a better rate than what you can get at your bank."
With job security being uncertain across a number of sectors, the American workforce is beginning to look toward career paths beyond their realm of expertise.
Kathryn Minshew, founder and CEO of career development platform The Muse, joined Cheddar News to provide some tips if you're thinking of making a change in occupation.
