News

19
Sep

9 Reasons Why Stay-at-Home Parents Need Life Insurance

9 Reasons Why Stay-at-Home Parents Need Life Insurance You’re probably already aware that a parent with a job outside the house most likely needs life insurance to protect their loved ones in case something were to happen. But it’s not just breadwinners who need coverage—stay-at-home parents do, too. Here are nine reasons why. 1. To replace the value of their

Read more

19
Sep

Understanding Long-Term Care Insurance

Understanding Long-Term Care Insurance Long-Term Care Insurance (LTCi) is specifically designed to reimburse you for expenses incurred for everyday living assistance, as a result of your inability to perform basic functions. Traditional medical insurance and Medicare will not cover extra costs should you need help with the activities such as bathing, eating or just getting out of bed. LTCi can

Read more

18
Sep

House Spending Bill Includes a Federal Employee Pay Freeze

House Spending Bill Includes a Federal Employee Pay Freeze Late summer signifies the start of budget discussions for the 2019 fiscal year. Along with discussing hot-button issues like education spending and the investment in border security, elected officials are trying to determine if federal employees should receive a raise this year or if they should instate a federal employee pay

Read more

6
Sep

Hey, Millennials. Life Insurance Is Now 80% Off!

Hey, Millennials. Life Insurance Is Now 80% Off! So many people get down on Millennials, telling them they are doing just about everything wrong. That’s why when Life Happens and LIMRA did a joint Twitter chat for Life Insurance Awareness Month #LIAM18Chats, people had a lot of good insight and some great advice for Millennials about how to think about

Read more

6
Sep

Financial Pitfalls Federal Employees Should Avoid

It’s pretty inspiring to be a federal government employee in that you have the power to impact Americans. This realization of the power vested in you motivates you to show up for work every day. A competitive pay package is another reason for the same drive, with an inevitable pay increase for those with solid education credentials and experience. As

Read more

4
Sep

Congratulations. You’re going to live a lot longer than you think. Good for you. Maybe not so good for your wallet.

Congratulations. You’re going to live a lot longer than you think. Good for you. Maybe not so good for your wallet. According to the Actuaries’ LongevityIllustrator.org website, a 65-year-old has a 50% chance of reaching the age of 94. That 65-year-old has a 25% chance of reaching the ripe young age of 99. Now, the Actuaries’ LongevityIllustrator.org goes on to

Read more

1
Sep

5 Signs You’re Ready to Retire

5 Signs You’re Ready to Retire You are nearing the average retirement age and each day it becomes closer and closer. The question is, are you ready to retire? Check out these 5 signs you’re ready to retire. Your Savings Exceeds Your Retirement Goals: At one time or another, you sat down and made an investment plan so you could

Read more

1
Sep

Danica Says It Best: Life Insurance Is Key on Your Financial Journey

Danica Says It Best: Life Insurance Is Key on Your Financial Journey It’s Life Insurance Awareness Month! And we will just step aside to let our spokesperson Danica Patrick tell you why life insurance has always been important to her—and why it should be for you, too. If you think you may need life insurance, or more of it, spend

Read more

28
Aug

Are Your FERS, TSP, and Social Security Accounts Indexed for Inflation?

Are Your FERS, TSP, and Social Security Accounts Indexed for Inflation? There are multiple factors to consider when saving for your federal retirement. You want to enjoy your life now, but you also need to make sure you have enough saved once you leave public service. Once you’re finally ready to retire, you have to consider what to withdraw, when

Read more

16
Aug

Hate talking about money? You’re not alone.

Hate talking about money? You’re not alone. Hate talking about money? You’re not alone. Over the past 34 years of interviewing thousands of people, one of the most frequent comments I get from savers is as follows– “I really feel dumb when it comes to this stuff.” Or, kind of in a similar vein, in some cases, during my first

Read more