How Should I Manage My Disability Insurance Policy

31 May

It’s a good idea to review your disability insurance whenever you experience a big life change. That’s because the need to protect your future income stream becomes more urgent when new people depend on your earnings or you take on (or pay off) debt. Life changes that should trigger a disability insurance review include: More>>

How Disability Insurance Can Help You Protect What Matters Most

24 May

As we begin to transition out of the pandemic, it’s important to consider steps that can help provide you and your loved ones a more stable financial future. Just consider that 41% of U.S. employees are living paycheck to paycheck right now, and the same number of employees don’t feel in control of their finances, according to MetLife’s 2021 U.S. Employee Benefit Trends Study.

To change course, employees should consider reviewing the benefits their employers offer, including disability insurance, which offers a vital source of income protection that may help cover essential living costs such as food, clothing and mortgage payments in the event you are unable to work due to a qualifying physical or mental health condition. More>>

5 Ways Disability Insurance Kept Life Normal for This Athlete

17 May

At 47, this Olympic-caliber runner, athlete, businessman, husband and father found out he has Parkinson’s disease. So much in his life has changed in the years since he’s been living with this degenerative disease. But one thing hasn’t: his financial well-being. He credits disability insurance with making that possible. More>>

Disability Insurance Worth a Look

10 May

Income tax time brings you face to face with the amount of money you earn — and have left to live on, after taxes. But what if you were disabled and couldn’t work? It’s something no one wants to think about: being alive but incapacitated. But consider the odds. More>>

How Much Disability Insurance Do I Need?

3 May

There is no one-size-fits-all answer for how much disability insurance a person needs. That’s because that number is dependent on many personal factors. That said, an easy way to get an idea of how much disability insurance you would need is to do this calculation: More>>

5 Ways to Become More Financially Literate

26 Apr

The term “financially literate” means understanding how to manage your money – from debt management to saving and investing, to preparing for retirement. The more you know about how to handle your finances, the better decisions you’ll be able to make in the present and for your future. But how do you get up to speed? In honor of April being Financial Literacy Month, here are 5 tips that you can use right away to improve your financial literacy. More>>

Is Financial Literacy on Your Teen’s Schedule? Here are the Skills They Need to Know

19 Apr

If you’re the parent of a teen, you probably remember back “in the day” when life skills, including financial literacy, were part of the high school curriculum. Many parents are surprised to learn this vital topic is not even on the schedule anymore in most schools; in fact, the advocacy organization Next Gen Personal Finance finds that fewer than 20% of high school students are required to take even one semester of personal finance. That’s why it’s imperative for parents to step in to cover some basic concepts. Here are four discussions to have with your teens that are just as important as other life skills, such as teaching them how to drive or do the laundry. More>>

Preparing for Spring Expenses

12 Apr
Spring is almost upon us and that means a return to warmer weather, outdoor activities, and new responsibilities and expenses to consider. To make sure you’re prepared and so is your budget, here are four big financial considerations to prep for this spring. More>>

Ways To ‘Celebrate’ Financial Literacy Month (That Don’t Cost Anything)

5 Apr

April is Financial Literacy Month, a time to help Americans raise their education on finances so as to avoid making costly mistakes. While it might seem like a strange topic to “celebrate,” the more education you have about finances, the more equipped you’ll be to make smart decisions and even grow wealth. More>>

Many Americans Now Aspire to Retire by 55

29 Mar

Full-time retirement is making a resurgence at an earlier age with one third (38%) of current U.S. pre-retirees[1] currently under age 54, and an estimated 11.5M households with breadwinners under age 55 saying they “Aspire to Retire by 55,” according to a new report by Hearts & Wallets, the research and benchmarking firm that specializes in how consumers save, invest and seek financial advice. More>>