When you're nearing the end of your working career, and thoughts about retirement start to enter into your mind, some of the big questions you must ask yourself, are: "when do I want to retire?" and "how much money to I need to live off of?".

It's certainly important for you to plan and decide ahead of time what your goals are when you decide to leave the workforce, but are you certain that your pensions, annuities, and allowances will cover all of your living costs?

Have you considered looking into the cash value of your life insurance policy?

Viatical settlements (a viatical settlement is the sale of your life insurance policy by you before the policy matures) could be one source of potential money that you never really considered. These "life settlements" can offer you an extra advantage to help you meet your financial retirement goals.

Now before you go cashing in your life insurance policy, check with a viatical settlement expert, such as the Safe Haven Financial Center, and have them take a look and see if you could be eligible for an up-front, possibly large cash payment.