Do you have a financial plan set up to protect your loved ones after you pass away? With a well-thought-out life insurance plan, you can do just that. The purpose of life insurance is to help provide a measure of financial well-being for your family and loved ones when you are no longer there. With the purchase of a carefully planned life insurance policy, you can help ensure that your family and loved ones will be taken care of. Life insurance offers two essential benefits. First, it offers … [Read more...] about Using Life Insurance for Financial and Tax Planning
Financial
Retirement Planning: The Big Picture
Future retirees and retirees should take into consideration the big picture of their retirement planning, which includes conducting financial planning and tax reviews. Once you have the full picture, it helps you make more detailed and necessary decisions to achieve the retirement for which you have worked so hard. Planning for retirement is a multi-step process that can bring along many questions. For example, one must consider inflation, health care costs and debt. At American Financial … [Read more...] about Retirement Planning: The Big Picture
The Importance of Working with a Fiduciary
If you have been paying attention to the news, you may have heard about the Department of Labor’s long-anticipated fiduciary rule that was passed early this spring. The new regulations that accompany the rule are expected to not only significantly alter how people plan for retirement, but also protect individuals from biased retirement advice. But you may be wondering, what exactly is a fiduciary? A fiduciary is an individual or firm that is committed to putting their client’s interests … [Read more...] about The Importance of Working with a Fiduciary
Empowering Girls with Financial Confidence
Girls in America are exceedingly optimistic about their futures, career opportunities and having it all, despite their own admission that they “lack the financial confidence and knowledge to achieve their dreams.” That is according to a 2012 nationwide survey by The Girl Scout Research Institute (TGSRI) about girls’ confidence, attitudes and experiences with money. “We need to help girls figure out their best path to career choice, money management, financial success, and mastering savings … [Read more...] about Empowering Girls with Financial Confidence