When it’s time to start a family, many parents-to-be are so focused on decorating the nursery and choosing the right car seat that they can overlook the life-altering impact a baby can have on their financial life. And we’re not just talking the exorbitant cost of diapers—we’re talking nearly 4 million dollars in “potential income.” These…
Ninety-year-olds running marathons, CEO’s launching start-ups at age-70, rock stars and presidents working into their 80’s. Today millions of Americans are living longer and some of them are doing amazing things. Thanks to improved healthcare and education, it’s projected that a baby born this year in the U.S. has a 50% likelihood of living past…
By Darlena Holland. HowThis article originally appeared on the American Fidelity Blog. Zip-lining in Costa Rica. Parasailing in Cabo. Skiing in Colorado. In today’s world, millennials have more access than ever before to new experiences, new adventures, and new opportunities to cross items off their bucket lists. Because of their active lifestyles, disability insurance is an important…
If you’re age 40 or 50, you may begin to hear the concept of “multistage life” replacing “retirement”. Let’s face it, with rapidly increasing life expectancy rates, retiring near age-65 could become an old school notion. Look at what’s happening today in the U.S. labor force. Between now and 2030, only one age group…
By John Feeney, vice president, group sales and market development for the Renaissance Life & Health Insurance Company of America. Attention Gen Z and Millennials: disability insurance is an important coverage for you, too. Some view employer-sponsored group disability insurance as an ancillary benefit reserved for older individuals, when in fact, disability insurance should…
When it’s time to start a family, many parents-to-be are so focused on decorating the nursery and choosing the right car seat that they can overlook the life-altering impact a baby can have on their financial life. And we’re not just talking the exorbitant cost of diapers—we’re talking nearly 4 million dollars in “potential income.” These…
If you’re in your mid-to-late 40s, the options to protect your income may be coming to an end. If you don’t have income-protection disability insurance, you may find it’s more difficult to get it and that the cost is increasing. Disability insurance? Yes, basic disability insurance is most affordable way to protect your income…
Bob Herum, MSFS, CLU, ChFC, RHU, REBC Editor’s Note: Facts do not change your clients’ behavior when it comes to understanding their risk for being out of work due to an injury or illness. Bob Herum presents a primer on how to alter your discussion about the impact of disability on financial plans. Traditionally, the…
Author: Marquis Smallwood, vice president of Workforce Engagement at MetLife Editor’s Note: As open enrollment season rolls around on the heels of another challenging pandemic year, many employees are looking at their employer benefits through a new lens. This is particularly true of millennial employees. A new MetLife survey found nearly two-thirds (64 percent)…
When it’s time to start a family, many parents-to-be are so focused on decorating the nursery and choosing the right car seat that they can overlook the life-altering impact a baby can have on their financial life. And we’re not just talking the exorbitant cost of diapers—we’re talking nearly 4 million dollars in “potential income.” These…
