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Helpful Tips & Articles

Information on retirement planning, insurance and more.

5 Savings Tips

  1. Pay off your credit card every month. Some American households carry more than $7,000 in credit card debt. Learn more about managing debt.
     
  2. Start saving now. Because of compound interest, it’s better to save a small amount now for the next 10 years than to try to save more later in life. More>>
     
  3. Be prepared. It’s important to save at least three months worth of living expenses in case of an emergency. Learn more about budgeting your finances.  
     
  4. Know your retirement needs. Assuming a 3 percent inflation rate, a 40-year-old making $25,000 per year will need an annual income of $52,000 to maintain the same standard of living in retirement.  More>>
     
  5. Start saving for your child’s college education today. Today college costs about $58,000 for four years at an in-state, public school. Costs will reach more than $139,000 by 2026. Learn more about saving for college with our college savings planner.

 

Insurance Tips

Set a foundation with life insurance. Life insurance is the foundation of a solid financial plan. What do you need to protect yourself and your loved ones? More>>

Consider buying disability income insurance. A 20-year-old has a 30 percent chance of becoming disabled before retirement. More>>

Consider long-term care insurance. The costs of long-term care can average $50,000 to $75,000 per year or more. This can be financially devastating. More>>

Get quality health insurance. There are 39.2 million people under the age of 65 without health insurance in America – however, one hospital stay can devastate most people financially. More>>

 

Financial Planning Articles

Budgeting for your reunion – Tips for a fun family reunion that won’t break the bank. More>>

We love retirement A couple shares the steps they took toward a great life in retirement. More>>

What I’ve learned – A couple discusses the financial lessons an unexpected event taught them. More>>

No loose ends – Learn about end-of-life planning. More>>

 

How much is your debt costing you? 


Gatherings With Purpose
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