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Life Insurance Needs at Every Stage of Your Life

Let’s explore how your life insurance needs may change according to the three primary stages of work and life.

27 September 2022

Life Insurance Needs at Every Stage of Your Life

According to LIMRA's 2022 Insurance Barometer Study, the secret to financial security is owning life insurance. Choosing the right products can help you to better protect your family’s lifestyle today and into the future.

No matter what your age or situation is, owning a life insurance policy is an excellent family protection strategy. It allows you to leave an inheritance without your beneficiaries having to pay income tax on the death benefit they receive. Your beneficiaries could use the death benefit to replace your lost earned income and pay for essential expenses such as food, shelter, credit card bills, funeral or cremation costs, student and auto loans, medical bills not covered by health insurance, and so much more. It can also be used to provide extra support for retirement and the unexpected such as injury or illness.

Make Protecting Your Income A Priority

Four Situations and Its Disability Planning Solutions

31 May 2022

Make Protecting Your Income A Priority

You might be thinking…
Other people get disabled, not me.
My business can run without me.
I’d rather put my money into growing my business.

The truth is illness and injury impact all of us, even businesses. Whether you are a key employee or business owner, understanding the possible outcomes of a temporary or permanent disability will help you to identify smart solutions for your financial plan.

The Surprising Pitfalls of Retiring at the Same Time as Your Spouse

Four Considerations for Your Joint Retirement Plan

09 March 2022

The Surprising Pitfalls of Retiring at the Same Time as Your Spouse

On paper, retiring at the same time as your spouse sounds like a no-brainer! If you both retire together, then you would be free to travel the world, take up some new hobbies, and spend more quality time together as a couple. Chances are that you’ve not been able to enjoy these luxuries much over the past 20, 30, or more years. This is because, by the time we are nearing retirement, we have only recently said our goodbyes to our youngest child, and spouses have seen little of each other as day-to-day obligations eat up alone time.

It is for these reasons that simultaneous retirement has its appeal. However, it is vital, especially for women, to know where the pitfalls lie.

Long-Term Care - It’s Not as Scary as You Might Think

Take Care of Your Future Self by Making a Long-Term Care Plan Today

23 February 2022

Long-Term Care - It’s Not as Scary as You Might Think

Sometimes, the unknown can be a bit scary. Previously, I’ve shared several financial tips that will allow you to plan for your financial independence and to own your future. Today, I want to ask you to give me a few somber minutes of your time.

I am asking you to turn off your emotions and turn on your intellect only. This way, you will be protected from your emotions entering in and shutting you off from discussing a tough but important topic: Long-Term Care. Come out from under the blanket for a few moments to learn about this important element of financial planning. Let’s look at what it is, and I promise you, it’s not as scary as you might think.

Attention Married Couples: How to Get in Sync with These Nine Essential Money Practices

Put You and Your Partner on the Path Towards Financial Success

09 February 2022

Attention Married Couples: How to Get in Sync with These Nine Essential Money Practices

Oh, the dichotomy of money talks with your spouse. They’re so vital to have, yet they are often uncomfortable. So, not surprisingly, most married couples aren’t properly communicating about financial habits and money values.

When a couple marries, they bring their individual money values into the union, which can be as unique as their fingerprints. These values have been created over a lifetime, often through observing parents, and most people are deeply entrenched in them. The trouble is that most couples don’t discuss these values.

The money discussion is an important one to have, though. To make the topics easier to broach, think of your spouse as a business partner. Viewing your household as an operating business may help set emotion and discomfort to the side and allow you to engage in meaningful conversations.

If you’re ready to get on the same financial page as your spouse, check out these nine ways couples can get in sync and avoid money conflicts.

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