In July 2021, consumer prices rose by 5.4% compared to the same month last year. According to the U.S. Department of Labor, the cost of dining out experienced its biggest one-month jump in four decades. Meanwhile, the cost of making meals at home has risen compared to last year as well, with beef increasing by… Continue reading What Are the Benefits of a Budget?
Life insurance is important – and worth having before you really need it. If you’re nodding in agreement but also wondering How much life insurance do I need? you’re not alone! Even though we can’t predict when our time is up, we can control how much of a life insurance payout our loved ones will get when we die. What better… Continue reading How Much Life Insurance Do I Really Need?
Fresno Financial Advisor Update Many families do not anticipate long-term care needs until a family member needs it immediately. While crisis long-term care planning is possible, the best time for thinking about long-term care is before you (or a loved one) need it. Planning for the potential need gives you time to learn about the… Continue reading Why Is It Important to Have a Long-Term Care Strategy?
Fresno Financial Consultant Update If you find yourself getting closer to the date you pictured retiring but you haven’t been able to save anything toward that goal, then you’re not alone. It’s actually a fairly common situation, financial advisors say. “I think people just don’t want to talk about it because it’s almost taboo,” says… Continue reading How Can I Catch Up on My Retirement Savings?
These insurance products offer the promise of guaranteed income, an attractive proposition for many retirees in a volatile market. Variable annuity sales rose 16% in the first quarter over the same period last year. What’s an annuity? In simple terms, an annuity is a contract between a customer and an insurance company. The customer makes… Continue reading Can Annuities Really Offer Peace of Mind During Choppy Markets?
If your tax return was a target, the bullseye would be $0. You don’t want a giant tax bill—that means you didn’t have enough money taken out of your paycheck for taxes. And that huge tax refund? That’s not free money—it’s your money, which you’ve been loaning too much of to the government throughout the year (with… Continue reading How Can I Improve My Tax Situation for Next Year?
As we all get older, an issue that becomes especially important at this stage of life is how to help clients protect their financial resources from an unexpected threat — themselves. One tool is to ask clients to sign a statement authorizing a planner concerned about possible irrational behavior to contact someone, such as a… Continue reading Why Is It Important to Protect My Money From Myself As I Get Older?
Fresno Financial Consultant News By August of this year, the unemployment rate was more than 10%. As many as 5.2 million Americans remained jobless as far back as the beginning of May.1 That’s a lot of time to go without earning income. Have you thought about the “guardrails” you have in place should your income or… Continue reading What are Your Income Guardrails?
