Bill Gordon, AIF® Healthcare can be one of the priciest yet essential parts of life’s journey. And yet, many struggles to utilize the financial tools that may help. Take Health Saving Accounts (HSAs), for example. In 2019, 55% of those with HSAs that did not record a distribution also did not receive either employee or … Continue reading The Underutilized Benefits of a Health Savings Account
Bill Gordon, AIF® The COVID-19 pandemic has changed extended-care policies. While the specific policy information varies from company to company, in general, the pandemic has made it more difficult to qualify for extended-care policies. This can be particularly challenging if you’re in a high-risk group. According to a marketwatch.com article, around 7 out of every … Continue reading Life Insurance with Extended Care Riders
Bill Gordon, AIF® As companies grow and add employees, they also add employee benefits. Retirement and medical plans can be provided, but what about group life insurance? Group life on the menu? Owner-operators know that group life coverage can help attract excellent workers, but some are anxious about the cost and suspect they are just … Continue reading Group Life for a Growing Business?
By Bill Gordon, AIF® Raising the children and sending them on their way has been priority number one for some time. Now that you’re moving to the next stage in your family life, it’s imperative that your financial life follow suit. Your financial priorities now shift to preparing for retirement. It’s likely that you are … Continue reading Insurance Needs For An Empty Nester
By Helen Hartman, CRPC®Redwood Financial Network, Solon, Ohio I have spoken about many things that may keep people up at night regarding their finances: making sure there is enough money, outpacing inflation so your money extends far enough. The financial concerns can seem endless. Putting savings on autopilot is a great way to know you … Continue reading What keeps you up at night? Am I saving often enough?
By Helen Hartman, CRPC®Redwood Financial Network, Solon, Ohio Creating a financial plan and sticking to it helps pave the road for the family’s future. It is analyzed and adjusted through the years to address changing needs as time moves ahead. What happens to everything when an unexpected loss occurs in the family? Is your family … Continue reading Household Minus One – Why Life Insurance? Which kind? How much?
It could protect a significant financial risk. Everybody who has ever owned a home remembers their first. Buying your first home is almost an anointing of our inevitable adulthood. Most times, it is the biggest purchase we have made to date. You sign what feels like a billion pages, then get to the question about … Continue reading Should New Homeowners Consider Life Insurance?
When you think about life insurance, your first thought is most likely some variation of the definition. Life insurance is a promise from an insurance company to a policyholder. That promise is to pay a death benefit to an assigned beneficiary(ies) upon the death of an insured person, provided the policy hasn’t lapsed. The policyholder … Continue reading What is Life Insurance?
Breaking down the basics & what each part covers. Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover, and where they come from. Parts A & B: Original Medicare. America created a national health insurance program for seniors in 1965 with two … Continue reading The A, B, C, & D of Medicare
Diversification still matters. One day, this bull market will end. In the first quarter of 2017, the bull market seemed unstoppable. The Dow Jones Industrial Average soared past 20,000 and closed at all-time highs on 12 consecutive trading days. The Nasdaq Composite gained almost 10% in three months.1 An eight-year-old bull market is rare. This … Continue reading Have a Plan, Not Just a Stock Portfolio