It’s no surprise that studies show young adults are not into insurance. There are too many other financial challenges to worry about, such as paying off crushing student loan debt and saving for future goals. Actually, other studies show that younger adults would rather spend their money on such things as travel premium TV streaming services than use it to buy life insurance.
High yield annuities offer interest rates, on average, that are anywhere from a half a point to two points higher than those offered through bank CDs. The same spread exists between high yield annuities and regular fixed yield annuities. Those types of interest rate differences can translate into a substantial advantage in accumulated earnings over time.
Wondering what retirement really looks like today? The statistics and demographics of those retiring look different than they did just a decade ago according to the College of Financial Planning.
Life insurance can be an ultimate security blanket, but how do you know if you’re buying it for the right reasons and from the right person?
As if business owners didn’t have enough to contend in managing their business and personal finances, there is one particular aspect of their financial lives that is often neglected until it’s too late, and that is the management of their estate.
Nearly every day, we’re told that saving is the key to financial success. But for many, living paycheck to paycheck isn’t just unavoidable but a reality faced every month. But there is hope, and there are many easy to use tools to help you make your financial goals a reality.
By: Cheri Comstock, Bradford Group Licensed Insurance Agent
Open enrollment for Medicare runs from Oct. 15, 2017 to Dec. 7, 2017 for plans starting Jan. 1, 2018.
What You Need to Know