A 2016 Report on Financial Well-Being

A recent Employee Financial Wellness Survey that reports on adults nationwide who are full-time employees indicates that political uncertainty and a slow economic recovery are a few reasons that worry 52 percent of respondents in regards to their financial well-being.

One of the more interesting aspects of this report is the similarities of concerns regarding financial well-being across generations. Below, we’ve chosen a few of the more interesting findings.

Time to Debunk These Persistent Disability Insurance Myths

Disability insurance myths are pervasive. Disability myths are somewhat dangerous because they may prevent you from protecting your greatest financial asset—your ability to earn a paycheck. When you think of disability insurance, do you think about insurance that covers disability due to a relatively severe accident? Many people do. What about the chance of a disability happening to you? You are a careful person and you have a desk job. No need for disability insurance, right? Well, the preceding scenarios make up two of the larger disability insurance myths. It makes you wonder how many other disability insurance myths you believe.

Disability Insurance for the Self-Employed

Your ability to earn income is your most valuable asset. People tend to insure their property and their “things,” but frequently overlook the source that makes it possible to maintain their lifestyle—the ability to earn income. But what about disability insurance for the self-employed? Could it be extra important for them to have an income protection plan?