Life Insurance After AIG's Near-Death Experience

Peter Katt for Forbes.com 09.19.08, 4:30 PM ET

It has been reported that AIG (nyse: AIG - news - people ) neared bankruptcy before the intervention by U.S. taxpayers on Sept. 16. American General Life is a subsidiary of AIG. AG has put out the word that they are in good financial shape and doing business as usual. It is an interesting question whether the marketplace will let them. I suspect life insurance agents will move quickly to convince AG policyholders to replace their coverage with a safer alternative, resulting in hefty commissions...

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Subscribe to erollover.com Blog by Email by The Associated Press www.Erollover.com 2008 The Newest Community for Personal Finance, Investing, and Retirement Topics is eRollover.com. Erollover.com, the leading portal for 401k’s, Retirement, and Personal Finance Topics, is proud to announce that we have opened up a new feature on our website that allows users to submit and share their own financial articles, photos, videos, and webcasts! Anyone is welcome to share exactly what interests them via these forms of media, while...

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 Fewer Americans Expect a Comfortable Retirement  

www.Erollover.com 2008

Fifty-five percent fear they won't be able to continue their current lifestyles Sixty-nine percent of Americans say they are living comfortably right now -- down four percentage points from last year and six points from 2002. However, the percentage of those yet to retire who think they'll be able to live comfortably in retirement fell even more precipitously, dropping to only 46% from 53% a year ago and 59% in 2002 .

Many Worried About Having Enough Money for Retirement

When asked about their financial worries in Gallup's April 6-9 Economy...

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