Life Insurance Over 50

None of us wants to think about getting old, but while a few things improve as we age, life insurance premiums are absolutely not one of them. As you get older, life insurance companies consider you a greater risk because, obviously, there’s more liklihood that they’ll have to pay out on a policy than if you were 30 years old. Let’s […]

Term vs. Whole Life Insurance – What Should You Choose?

Term vs. Whole Life Insurance Let’s start with Whole Life, a type of insurance which, like its name suggests, is designed to cover you for the remainder of your life. The idea with Whole Life is that though you pay more than you would with Term Life, the extra money gets invested for you by […]

Financial Planning and Budgeting

Financial Planning and Budgeting Very few people in today’s economy would be confident telling you that they have their finances under control. For many people, it is a daily struggle just to pay the bills, much less put anything away for savings or investment. If you are having a hard time with your finances, there […]

What are Long Term Investment Accounts?

Long Term Investment Accounts Long-term investment accounts are used by investors as a way to earn returns that will be realized at some point in the future. Investors in these types of accounts are generally not concerned with earning money that will be used right away. Instead, the purpose of these accounts is saving for some need […]

Is a Retirement Annuity the Answer for your Retirement Savings?

Retirement Annuity You’ve probably heard that investment plans and financial schemes like, IRAs and 401 (k), are the best ways to plan for retirement. This might be true in most cases, but not always. For instance if you have invested your maximum contribution for the year to your retirement account and you’re seeking to add a bit more more. What can you do? In this case, among others, investing in […]

The Frugal Guide to Building Wealth

So you want to build up some savings and family wealth? There’s nothing wrong with that.  It’s only the love of money that’s the root of all evil. The often misquoted verse is located in 1 Timothy 6:10. “For the love of money is the root of all evil: which while some coveted after, they […]

A Step-By-Step Guide to Managing a Deceased Loved One’s Estate

The death of a loved one is a trying time.  There are a lot of things that need to be done once the funeral arrangements have been made and the guests have paid their respects. Here is a list of items that will help you get started in knowing what lies ahead in order to […]