Year: 2022

An estate plan is your opportunity to indicate how you want your property, belongings, and financial assets distributed after you die. Without a written plan, you leave these personal choices up to state law and probate courts.   An estate plan is more than just a will Designates durable powers of attorney to watch over […]Continue reading

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Long-term care is generally the most significant question mark when saving the optimal amount for your retirement years. According to Financial Professional Barry Bigelow, “statistically, if you’re a married couple, there’s a 25% chance one of you’ll need this type of care.” The concern here because, it’s an unknown expense based on unknown needs. This […]Continue reading

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Every generation views their situation differently, from fashion to food to finance, and currently, there are seven defined generations. Let’s see how their views differ on finances and if you line up with your generation. 1910-1927 The Greatest Generation: Frugal savers This generation grew up learning to save pennies and fix things before buying something […]Continue reading

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For young couples just getting started, new commitments, such as buying their first home or having children, bring with them the responsibility of making sure their loved ones are financially covered. Life insurance can help loved ones maintain their standard of living and keep your family’s plans for the future on track after you’ve passed […]Continue reading

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The plans you considered so important at the end of 2021 may not hold that same importance now that we’re in the middle of 2022. It’s time to see if your financial goals are still relevant and if yes, are you meeting them? It might also be time to consider a budgeting app or online […]Continue reading

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If we’re not careful with spending habits, the phrase “where does the time go?” can easily be applied to “Where does the money go?”. And this applies to the old and the young, so it pays to start early with good financial habits.   Know your credit score If you aren’t already building credit, it […]Continue reading

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Many Americans underestimate the impact that caring for a loved one can have on their lives, marriage, work, and finances. In a column by Michelle Singletary, a Washington Post columnist, an “AARP study found that three-quarters of family caregivers regularly spend their own savings on caregiving expenses—which averages to 26% of their income.”1   President […]Continue reading

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