One of the most crucial considerations when preparing for retirement remains the forms of insurance that will keep individuals and their nest eggs safe. Recently, high premiums have driven down the sales of long-term care insurance. This form of insurance provides coverage for long-term supports and services—from in-home custodial care to stays in skilled nursing… Continue Reading
Layoffs can happen at any time, sometimes for situations beyond the control of either the employer or employee. Because of this, workers should always have a plan in place to move forward financially in the event that they lose their jobs. Financial advisors typically want people to have enough money saved to carry them for… Continue Reading
One of the leading causes of bankruptcy in the United States is medical bills, even for people who have insurance. Preparing for the unexpected, such as emergency medical care, is one of the keys to continued financial solvency. This is especially the case during retirement, when people’s income is often limited. Estimates show that average… Continue Reading
Once young adults finish school and begin to establish independent lives, they need to start thinking more about insurance. Prior to adulthood, individuals may have encountered the need for car insurance, but for many, financial responsibility requires several other types of insurance to protect assets. Below is a brief guide to the types of insurance… Continue Reading