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Wm. Scott Page
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Wm. Scott Page is a classic entrepreneurial success story, published author and celebrity. He is president and CEO of The Lifeline Program, a life settlement provider based in Atlanta. Page helped found the life settlement industry more than 20 years ago. His book "It's Never Too Late" has received national attention and great reviews. Page also frequently serves as an retirement panelist on Stuart Varney’s Fox Business television show, “Varney & Company.” For more information, visit www.scottpage.com

Entries by Wm. Scott Page

Do Lucky Broads Like Betty White Retire?

(0) Comments | Posted March 30, 2016 | 2:13 PM

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Before I answer that question with an obvious answer, I want to share my thoughts after traveling around the country this past year. I've been meeting with many seniors who, when it comes to retirement, generally feel more confident about their retirement than...

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Seniors Moving In With Relatives Should Follow These Tips

(0) Comments | Posted December 31, 2015 | 5:51 AM

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One way for seniors to cut living costs is to consider cohabitation with friends or relatives. Whether you are planning such an arrangement or the struggles of a relative have thrust this situation upon you, it can be a positive experience...

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Think Small and Dwell Down for Retirement

(1) Comments | Posted September 9, 2015 | 6:20 PM

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Your house is growing.

From 1978 to 2013, the average single family home grew from 1,780 to 2,660 square feet. This means more house to heat and cool, more space to clean and maintain, and more room for...

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Can You Be More With Less?

(0) Comments | Posted August 7, 2015 | 11:36 AM

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We live in a materialistic society, and we are constantly bombarded with messages telling us that we need the latest new thing -- bigger, better, faster, and more luxurious. We want to keep up with the changing times, so we dig deep...
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3 Nightmares of the New Retirement

(7) Comments | Posted July 10, 2015 | 6:05 PM

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As I look at the many issues facing seniors and Baby Boomers, I have come to an uncomfortable conclusion: Retirement will very tough for many of us, and for some it will be downright scary.

Our lives have many chapters. We...

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3 Powerful Secrets the Wealthy Know About Life Insurance

(3) Comments | Posted June 2, 2015 | 12:08 PM

At my company, we regularly work with high-net-worth individuals and some of these folks have tremendous wealth. Earlier in my career, I would be somewhat intimidated by them because they had amazing stories of success, and they could hop on their private jets and travel anywhere in the world with...

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What The 'Blue Zones' Can Teach Us About Living Longer

(1) Comments | Posted May 7, 2015 | 6:03 AM

How long we will live is one of life's great unknowns, but many Americans are leading healthier lifestyles. Medical advances, too, have increased longevity. The overall improvements in life expectancy are pretty amazing, particularly when you look at how long people live compared with the past 100 years or so.

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The Problem With Trying To Plan For Retirement

(0) Comments | Posted February 6, 2015 | 5:52 AM

When working through a difficult issue, whether it involves a relationship, financial troubles, or even an addiction to Candy Crush, we are often told that the first step is "admitting you have a problem."

While most of us are in stable relationships and have our mobile-gaming urges under control, many...

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Betty White Asks Are You Naughty or Nice?

(3) Comments | Posted December 22, 2014 | 11:27 AM

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During a recent conversation with my friend Betty White, we discussed how much we both have to be thankful for this year, but Betty also asked if Santa would have me on his "Naughty" or "Nice" list. I told her I was definitely...

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Time to Put Your Money in Motion?

(0) Comments | Posted September 30, 2014 | 4:33 PM

After successfully slogging through years of a down economy, is now a time to make a financial move? While the answer is different for every individual, I would argue that failing to assess your current situation in light of an improved economy would be an error for most investors, homeowners...

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3 Things Betty White Taught Me About Retirement

(1) Comments | Posted August 4, 2014 | 6:16 AM

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Nine years ago, one of our executives who happens to be a marketing genius, walked into my office with an idea that I thought was completely crazy. He said we should try to get Betty White to be a spokesperson for our company....

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Take Control of Your Financial Future Now

(0) Comments | Posted June 23, 2014 | 12:51 PM

If you ask most people what the term "fiduciary responsibility" means, they will likely shake their heads. Though well-known among investment professionals and financial advisers, most individuals who are currently saving for retirement are unaware of the meaning or significance of this topic. Put simply, fiduciary responsibility means that someone...

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Gay Couples Redefine 'Golden Years'

(1) Comments | Posted March 26, 2014 | 11:37 AM

When the U.S. Supreme Court struck down certain provisions of the Defense of Marriage Act (known as DOMA) and opened the doors to more gay marriages, the physical and emotional lives of many gay couples were changed forever. New and accepted human rights bring up an important question in the...

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Insurance Industry Fails With Unpaid Death Benefits

(0) Comments | Posted November 12, 2013 | 1:08 PM

A recent ruling in California uncovered the seedy underbelly of the life insurance industry: unclaimed death benefits. States currently seek billions of dollars in unclaimed life insurance payouts from some of the largest financial services firms in the world, including John Hancock, MetLife and Prudential. And it's money that should...

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Texas Medicaid Law Could Transform Life Insurance Industry

(1) Comments | Posted September 4, 2013 | 5:40 PM

Texas dramatically changed its Medicaid eligibility law recently, in a move that is already having a profound effect on the life insurance industry -- yes, the life insurance industry. Traditionally, to enroll in Medicaid, the state-run health insurer of last resort, individuals needed to be nearly destitute. So to qualify,...

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Let Life Insurance Lapse at Your Own Risk

(1) Comments | Posted May 8, 2013 | 2:35 PM

Nothing spells financial disaster like letting your life insurance lapse. OK, perhaps that's an exaggeration, but allowing a life insurance policy to lapse is one of the worst financial decisions possible for a senior or boomer. Individuals pay hundreds of millions of dollars into life insurance every year, yet four...

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Longevity Costs Outpace Senior Savings

(3) Comments | Posted March 11, 2013 | 3:46 PM

In my business, we have a keen interest in understanding how long people will live. In fact, because we have a financial interest that hinges on understanding longevity and life expectancy, I have been studying death and dying for more than 20 years. Perhaps because I'm turning grayer at the...

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New Estate Tax Changes Leave Many Over Insured

(0) Comments | Posted January 16, 2013 | 12:57 PM

Estate tax laws didn't fall off the "fiscal cliff," likely leaving many older Americans over-insured. Estate tax planning had been mired in uncertainty in recent years as Congress flip-flopped on raising thresholds and exemptions. Taxpayers who were concerned prior to the new deal, and prepared for the worst with a...

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Bright Future Ahead Despite Current Gloom and Doom

(8) Comments | Posted December 19, 2012 | 4:04 PM

Even though the horror of the Connecticut school shootings leaves us heartbroken and the looming fiscal cliff economic crisis taints our year-end plans, my gift to you this holiday season is optimism. Rather than dwell on the issues which drag us down, I prefer to take a more long-term view...

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Never Too Early to Review Long-Term Care Options

(2) Comments | Posted October 23, 2012 | 4:33 PM

We face a long-term care crisis in the United States, and seniors and boomers need to start creating a strategy as soon as possible. One study suggests that about 70 percent of seniors will need some type of long-term care, and most of the costs are not covered...

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