The primary reason most people own life insurance is to ensure that their loved ones will have the means to replace lost income and pay for their financial obligations in the event of their premature death. In fact, life insurance is a critical financial tool in any circumstance in which the premature death of an individual could result in a financial hardship on another.
Although whole life insurance, in its present form, has been around for over a century, it remains somewhat of an enigma for people who want to buy permanent protection, especially as new forms of life insurance have sprung up around it over the last several decades.
For time immemorial we have known that men are bigger cheaters than women. It seems that men, by their very nature, are more inclined to hide their infidelities and risk their relationships. Now we learn that women can be bigger cheaters than men, but with financial affairs, not romantic affairs.
Looking to potentially increase your income without working extra hours? A passive income investment may bring you closer to your wealth-building goals.
Thinking about retirement and fixed-income living can be overwhelming. Here are some things to consider when planning your retirement.
College and retirement require serious savings. Is it possible to save for both?
Not all investing apps are equal, and depending on your goals it may be better to work with a financial professional instead of an algorithm.
The most important thing about retirement is doing what makes you happy. What would you do with your time if you weren’t working 40 hours every week?
Knowing both your financial and emotional risk tolerance could be vital to your portfolio performance.
When thinking about our physical health, it’s common to take a holistic approach. So why don’t we approach our financial health the same way?
If you’re trying to decide where to spend (or save) it, here are some ideas for how to make the most of your tax return.
Balance is seen as one of the keys to making the most of your investments. But what does a balanced portfolio look like?