Financial Planning Articles

Do You Have Enough Life Insurance?

Do You Have Enough Life Insurance?

Are you sure you have ENOUGH life insurance? Coverage amounts vary widely. A policy designed to cover burial expenses might provide around $10,000. Other life insurance policies can provide several millions of dollars in coverage. Your personal needs might be...

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The Four Types of Life Insurance

The Four Types of Life Insurance

Not all life insurance policies are the same. Some expire after a set period of time, while others last as long as the insured needs it. Some have modest payouts intended to cover funeral costs, but others have larger payouts that can be used to pay off mortgages,...

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How to Stay on Budget This Holiday Season

How to Stay on Budget This Holiday Season

Don’t let the holiday season undo a year of financial progress. Although too much merry-making can do a number on your bank account, it is possible to stick to a budget this time of year. Follow these tips to stay on budget when shopping for gifts, planning holiday...

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Is Debt Crippling Your Financial Progress?

Is Debt Crippling Your Financial Progress?

Americans are being crushed under an ever-growing mound of debt. According to a report from NerdWallet, American households have a total debt of $13.21 trillion. The debt can come in many forms, from credit cards to mortgages, but the result is the same: many...

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Living Life Insurance – What Does It Mean?

Living Life Insurance – What Does It Mean?

Living life insurance might sound like an oxymoron to anyone who’s unfamiliar with the product. After all, life insurance pays out when the insured dies. It can’t help while the insured is still living – or can it? With living life insurance, the answer is yes. It...

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Buyers Beware of Prescription Drug Clawbacks

Buyers Beware of Prescription Drug Clawbacks

When you fill a prescription covered by your insurance, you probably assume that the retail price is higher than the copay that comes out of your pocket. That’s the point of insurance, isn’t it? You pay a monthly premium, and in exchange, the insurer helps pay for...

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How to Create Tax-Free Retirement Income

How to Create Tax-Free Retirement Income

For many people, the only thing worse than talking about taxes is paying taxes. Sometimes, though, to avoid doing too much of the latter, you have to do the former. Taxes take a big bite out of your working income and they also take a big bite out of your retirement...

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Sneaky Ways to Save Money and What to Do with Your Savings

Sneaky Ways to Save Money and What to Do with Your Savings

If you’re like most Americans, you probably have a savings account – but it might be empty or nearly so. A 2017 GOBankingRates survey found that majority of respondents (57 percent) have less than $1,000 in a savings account, while 39 percent have nothing at all....

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How Preneed Funeral Insurance Can Help Your Family

How Preneed Funeral Insurance Can Help Your Family

A typical funeral can easily cost several thousand dollars. In addition to paying this expense, loved ones are required to make numerous decisions, covering everything from the preparation of the body to the type of casket. All this comes during a very emotional time....

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Your December Financial Checklist

Your December Financial Checklist

Your finances don’t have to take a hit just because it’s December. With a little planning, you can handle all the gifts and celebrations while staying in budget. It’s also a great time to give to charity. While you’re at it, you can take a few simple steps to improve...

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Do You Believe the Top 10 Retirement Planning Myths?

Do You Believe the Top 10 Retirement Planning Myths?

How much do you know about retirement? If you’ve fallen for any of the common misconceptions floating around, it might be less than you think. Get the skinny on these retirement myths now, or they could come back to haunt you in your golden years. Myth #1: Medicare...

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Living Life Insurance Riders

Living Life Insurance Riders

Life insurance is one of those issues many people don’t like to discuss, and it’s not hard to figure out why. Although we call it “life” insurance, most people associate it with the opposite – with death. This is a mistake. Life insurance is a product worth...

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