Brookdale Senior Living (NYSE:BKD) recently announced that it has selected Golden Gateway Financial as a preferred provider of life settlement solutions for current residents and those seniors seeking a better retirement lifestyle. The solution will be made available to Brookdale Senior Living’s 52,000 residents to generate additional income to help with unexpected expenses, to better make ends meet, or to augment their current retirement lifestyle. Golden Gateway’s website has a simple, intuitive life settlement calculator to determine how much their policy may be worth and how much money they will save by not paying the premiums. This proprietary calculator will also be available at the Brookdale Senior Living website.
"Historically, life settlement has been an option reserved almost exclusively for wealthy executives or those with financial planners," said Eric Bachman, founder and CEO of Golden Gateway Financial. "Now, as life settlement has evolved into a more mainstream financial tool, almost anyone with a policy they no longer need can generate additional cash."
"Our goal is to make it easier for seniors to benefit from the daily experience available in our communities," said Roger Thiele, senior director of product line management for Brookdale Senior Living. "Golden Gateway Financial offers a simple way for seniors to learn more about life settlement, easily assess the value of their policy, and then find the best offer for their policy. Life settlement transactions can help older Americans afford the services and care they need and deserve."