Western Southern Life Insurance Company | Insurance, Retirement, Investments

Time 2020-07-04 07:04:25

Web Name: Western Southern Life Insurance Company | Insurance, Retirement, Investments

WebSite: http://www.westernsouthernlife.com

ID:18558

Keywords:

Life,Southern,Western,

Description:

BackServices Planning your financial future, whether personally or for your business, involves many factors. With so many options, it can be challenging to navigate through all the decisions. Discover how we can help you with personalized guidance and solutions tailored to your specific needs. Go toServices BackLearn Feel more confident about personal finance by exploring Western & Southern’s financial tools, educational articles and interactive calculators. Whatever life stage you’re in, we can help you evaluate your financial goals and learn more about family finances and money management to achieve your dreams. Go toLearn BackAbout Western & Southern Life can help you with all your family’s life insurance and financial needs. Learn more about our company, our commitment to you and how we bring you the highest quality products and services. Go toAbout BackField Careers Western & Southern Life stands behind you all the way. With our comprehensive rewards package and world-class training and development opportunities, we are committed to your personal success. Go toField Careers There's nothing more important to us than your well-being. In this climate, we know you're focused on what matters most. Rest assured that we remain focused on our commitment to you. Learn more abouthow we're responding to COVID-19.Should you need assistance keeping your life insurance policy in force, please contact your financial professional or our Client Relationship Center at866-832-7722. Our site uses cookies to improve your visitor experience. By browsing our website, you agree to the use of cookies and agree to our privacy policy. When times are tough, you need financial products that offer guaranteed rates, income, terms and protection. Be confident knowing we have a formidable foundation that you can count on. Putting away money for retirement may not be as exciting as buying a new car or going on a trip, but you ll thank yourself in the future. Creating a personalized roadmap to retirement can help secure a successful future for you and your loved ones. Compared to the past, saving for retirement is completely different today. Relying solely on a defined benefit plan from a company and Social Security may not always be the best option.How often have you heard it 60 is the new 40! Take a look around, people are living lives they never dreamed of. But did you know that six in 10 Americans don t know how much money they will need to retire?Hi, I m Nicole Westin, host of Roadmap for the Future, brought to you by Western Southern Life.So why is retirement such a hot topic? We asked the President Chief Marketing Officer - W S Agency Group Troy Brodie - to offer his insights. So Troy, how did we end up this way? TROY:Well, this did not happen overnight, it definitely took time something on the order of a generation, or more. And there really is more than one answer to your question.INTERVIEWER:Okay, let s get started!TROY:Let s start with employment, and benefits. Generations ago, people worked hard and when they retired, they had access to a pension. Today, for the most part pensions have gone away, either completely, or have been replaced by defined contribution plans like 401(k)s or 403(b)s.I have to add a shameless plug here Western Southern still offers its associates both a pension, and a defined contribution program in the form of a 401(k). But we are the exception to the rule. Of companies in the Fortune 500, Western Southern is one of only 16 offering a defined benefit pension plan.So from an employment standpoint, many Americans just aren t getting the same retirement benefits they got a generation or two ago.INTERVIEWER:So we have benefits concerns Let s talk about personal savings. I guess the inverse would be spending Right?TROY:Yes, and what you re alluding to is lifestyle creep. We all see unrealistic images in the media People living in mansions, driving sports cars and wearing designer clothes.So to a degree, we try to emulate these people, and all too often people do so at the expense of their retirement savings. The result can be debt accumulation. And what you don t realize is that all too often, those images we see online, and on TV portray a lifestyle that is not always real.It is only natural for younger people not to think about retirement. They often make purchases that provide instant, but only temporary happiness. And worse, they could miss out on years of compounding that could contribute toward a comfortable retirement. In fact, almost two-thirds of Americans have saved little or nothing toward their retirement!INTERVIEWER:That s concerning so what else?TROY:Well, looking at my generation Whether Social Security, Medicare, or other governmental programs, people used to be able to rely on the government to take care of them in retirement.A lot of that is just not there anymore, or is diminished in capacity. Or perhaps threatened.There is a three-legged stool analogy that used to hold true: Of those legs holding up one s retirement, the government leg used to bear most of the weight, with employer programs and personal savings being the two lesser legs. Today, we are moving toward personal savings being required to sustain the weight.INTERVIEWER:So our retirement stool is changing. I imagine the economy plays a role too TROY:Yes, absolutely. No discussion on retirement would be complete without addressing our economic landscape. For a lot of people, the economic recession of 2008 could have wiped out what little retirement savings they had. And these people have had a tough time recovering. INTERVIEWER:Is there a way out?TROY:In my opinion there is with a bit of the right guidance the situation that lots of people find themselves in can at the very least be positively affected, and in many cases turned around.I think too many people think the situation is hopeless, that definitely is not the case. But you need to start saving as early as you possibly can. If you re earning a living, you aren t too young to think about retirement. And if you haven t started saving, the time to start is now.INTERVIEWER:So the good news is you probably can get back on track.TROY:Well sure you can. Once you ve made the decision to take action, you need to partner with someone a financial professionals who will really take the time to listen, and hear what you re saying.With a well-constructed retirement plan in place, along with regular reviews, you have a good chance to get on track and to stay there.Talk to people who you know people you respect. And know that Western Southern has offices nationwide. Our financial professionals welcome the opportunity to sit down, hear what s on your mind, and help you create a personalized roadmap to retirement.INTERVIEWER:Roadmap to retirement Troy, this sounds like good news to me thank you for your time.TROY:Thank you! Our Customer Service Representatives are eager to help you with whatever you need. Call us at 866-832-7719. Your financial priorities depend on what's going on in your life right now. Whether you are a recent college graduate or getting ready to have your third child, we can offer you financial products and services to fit your budget and help achieve your dreams for the future. What financial topics are you curious about? Browse our articles to learn about financial topics to help guide you and your family. Increase your knowledge about retirement planning, life insurance, investing and more. Join one of the strongest life insurance groups in the world and make a real personal impact on people. Let's accomplish great things together. Our business is to help you thrive in life. From our passion to help improve people's lives grows a corporate commitment to invest our financial strength into building a stronger community. By improving health care, promoting higher education, supporting the arts and military and providing essential resources to those in need, we support causes to help make life easier, healthier and more enjoyable for citizens throughout our community. Soldiers have made a solemn pledge to serve their country and to defend it with their lives, if necessary. Such commitment and sacrifice deserve our deepest gratitude. We are proud to honor and repay that commitment to us with a commitment of our own to them. - John F. Barrett, Chairman, President & Chief Executive Officer Make informed choices about your financial future. VisitBrokerCheck by FINRA.Securities and Advisory Servicesoffered through W S Brokerage Services, Inc., member FINRA/SIPCand a Registered Investment Advisor. All companies are members of Western and Southern Financial Group.You have clicked a link to access information on an external website, so you will be leavingwesternsouthern.com.Because this site is independent, Western Southern Financial Group neither manages nor assumes responsibility for its content. Are you ready to move forward? Yes No No matter where you live, we are readily available to offer assistance and answer your questions about any of our life insurance, annuity, investment and retirement planning services.  Location Disabled It looks like you have your location settings turned off. Please change them in your browser settings or search by zip code. Western Southern Life is the marketing name for The Western and Southern Life Insurance Company and Western-Southern Life Assurance Company. Each company is financially responsible for its own products and services. The Western and Southern Life Insurance Company (NAIC Code 70483), Cincinnati, Ohio, operates in DC and all states except AK, ME, MA and NY. Western-Southern Life Assurance Company (NAIC Code 92622), Cincinnati, Ohio, operates in DC and all states except NY.This site is intended to provide a general overview of our products and services. Please review each product's guide for full product details and talk with your financial representative about which options may best fit your needs.Western Southern Life does not provide tax or legal advice. Please contact your tax or legal advisor regarding your situation. The information provided is for educational purposes only.1 Six out of seven of Western Southern Financial Group s life insurance subsidiaries maintain a rating of A+ Superior ability to meet ongoing insurance obligations (second highest of 13 ratings; rating held since June 2009).2 Very strong financial security characteristics (fourth highest of 21 ratings; rating held since August 2018)3 Very strong capacity to meet policyholder and contract obligations on a timely basis (third highest of 21 ratings; rating held since June 2009)4 Excellent financial security (fourth highest of 21 ratings; rating held since February 2009)5 The Comdex Ranking is a composite of all the ratings a company has received from the major rating agencies. It ranks insurers on a scale of 1 to 100 (where 1 is the lowest) in an effort to reduce confusion over ratings because each rating agency uses a different scale.Financial strength ratings apply to the individual member insurance companies affiliated with Western Southern. Gerber Life is rated only by A.M. Best. The Lafayette Life Insurance Company is not rated by Moody s and has a Comdex Ranking of 95 out of 100.This may contain information obtained from third-parties, including ratings from credit ratings agencies such as Standard Poor s. Reproduction and distribution of third-party content in any form is prohibited except with the prior written permission of the related third-party. Third-party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD-PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD-PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPENSATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS OR LOSSES CAUSED BY NEGLIGENCE) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice. Ratings are subject to change from time to time. The ratings shown here are correct as of September 2019.

TAGS:Life Southern Western 

<<< Thank you for your visit >>>

We serve diverse families just like yours throughout the country. Western & Southern Life offers a variety of life insurance, annuity and investment products to help meet your current financial needs, so you can concentrate on enjoying life.

Hot Websites