Generally speaking, conversations about life insurance revolve around whether you should buy term or permanent insurance. However, every decision to buy life insurance begins with deciding what is the right amount of life insurance. And, integral to determining the right amount of life insurance is understanding the role of your Social Security Survivorship Benefit (SSSB).
Pat and Kelly, new parents, made a couple monthly budget adjustments upon the arrival of their first child. First, due to the added cost of day care and dependent health insurance, they decreased the amount they were saving for a house. And second, they agreed to review their life insurance needs.
There is a lot of discussion in the investment world about financial representatives being held to the fiduciary standard, let's talk about that:
"So what products do you recommend?"
After a 6 year united fight against cancer, my bride, Teresa, passed away in March. We were married almost 31 years and every single decision I've made since I met her included her.
When investing with a boutique firm like Latitudes Financial Strategies, you get individual service, comprehensive financial planning and the wisdom and guidance of a an experienced financial professional. We are lucky enough to have clients from around the country who work with us, some from thousands of miles away, I'd like to think its because we are good at what we set out to do.
By Rick DiBiasio CFP®
For the past several years, there have been headlines aplenty all focused on the same thing: the imminent market downturn. Despite all the dire predictions, the market doesn't seem to care what everyone thinks. It just keeps going up and up.
I'm at the Inside ETF's Conference in Fort Lauderdale and I witnessed something in a presentation today that helped me to remember why investment guys, like me, will never be replaced by computers.
It’s often drilled into us that we should do everything in our power to get out of debt and have a clean slate for retirement. And while it’s always a good idea to pay down high-interest debt such as credit cards or student loans, what about your mortgage? Mortgage debt is often seen as “good debt,” but does that mean you should keep it around?
There’s a good reason there’s an estimated 74 to 96 million owned cats and 70 to 80 million dogs in the U.S. With wagging tails, slobbery kisses, and little whiskers that make for adorable Instagrams, pets give us that warm, cuddly feeling inside. They are part of our families and some of our best friends.