The Time For Advice

May 25, 2017

Did you know that the most valuable penny is the 1943 Copper Penny? Google is a great place to find money facts like this. However, there are times when Google just doesn’t cut it when it comes to personal  financial advice. Although there are a wealth of resources out there that can give you general advice, nothing beats sitting down face-to-face with a professional who can give you a personalized financial plan. Here are times when it’s crucial to contact a financial advisor:

Getting Married - Depending on what you and your partner’s finances look like, it can be complicated to combine them when you get married. This is especially true if one spouse has a lot of debt compared to the other spouse. An advisor can draw up a financial plan to suit the couple’s financial goals.

Getting Divorced - Unfortunately, divorce is very prevalent these days and it has the potential to wreak havoc on your personal finances. Legal fees, a joint income decreasing to a single income, and a loss of some assets are strong reasons to have a professional draw up an new financial plan. Keep in mind to update any life insurance policies that name your ex-spouse as a beneficiary if you do not want them receiving the death benefit after your divorce.

Starting a Family - A new addition to the family is a time to celebrate and reassess your financial goals. On average, it costs about $10,000 to raise a child for the first year of their life. Only 17 more to go! Needless to say, that trip around the world may have to take a backseat to saving up for college. An advisor can help you come up with a reasonable plan to pay for expenses that arise from having a child.

Large Salary Increase -If you hit the career jackpot and landed a new position with a large salary increase, don’t start spending like crazy! Get your financial advisor on the phone to set up an appointment. They can assist you in updating your budget and looking into investment options to make the most out of your raise.

finance advice.jpg




Category: Life Insurance

Category List

Tag List

Training Event (1)
Financial (4)
Video On-Demand (2)
FIA (1)
Life Insurance Update Show (9)
term life (10)
IRA (1)
Prospecting (6)
IUL (15)
Required Minimum Distribution (1)
PPC (2)
Life Quotes (4)
trends (1)
Retirement Strategy (4)
Insurance (21)
buy sell agreement (1)
Market (1)
final expense (1)
Financial Planning (20)
Social Optimization (3)
march madness (1)
Death Benefit (2)
Breast Cancer Awareness Month (5)
Fixed Annuities (9)
Tax Benefits (2)
business (1)
Best Rates (1)
Annuity Update Show (11)
resources (2)
Immediate Fixed Annuities (1)
key person (1)
Economy (1)
sales kit (2)
Life Insurance Evaluation (8)
analysis (1)
Financial Legacy (6)
Sales Concepts (18)
earning opportunities (1)
Market Exposure (1)
Executive Bonus Arrangement (1)
Inflation (1)
Quoting Tools (1)
E-App (1)
estate planning (2)
Marketing (14)
private pension funding (1)
sales presentations (2)
non-med (3)
consumer marketing (8)
Hybrid Products (1)
networking (1)
Cash Value (1)
underwriting (1)
Life Insurance Trends (21)
digital tools (1)
Annuities (36)
Clients (2)
Facebook (2)
Alternatives (5)
Annuity (3)
rates (1)
Roth (1)
Compliance (1)
Quotes (1)
Millennials (6)
Charitable Giving (3)
quoting (1)
Long Term Care (5)
DOL (2)
Universal Life Insurance (4)
end of year (1)
business owner solutions (1)
gul (4)
CSO (1)
Breast Cancer Research (1)
Life Insurance Broker (15)
tools (2)
Indexed Annuity (3)
Illustrations (1)
indexed universal life (2)
Gift (1)
advanced markets (1)
Life Insurance Check Up (7)
Waste Management Open (1)
Protection (2)
business solutions (4)
hiring (6)
Mobile App (1)
Brokers Alliance (8)
Benefits (1)
Leaderboard (1)
Health Care (2)
Healthy Living (1)
Pitch (1)
Production (1)
life happens (1)
Additional Earning (1)
Fixed Indexed Annuities (2)
Donation (1)
term (6)
training (9)
Interest Rates (1)
Retirement Investment (3)
Tips (4)
Content Building (2)
products (5)
Investments (2)
Retirement (13)
PBR (1)
savings (1)
Legacy (1)
MAC (4)
social security (2)
Brokers Alliance Open (1)
permanent life insurance (4)
Featured MAC App (2)
funeral (1)
2019 (1)
PIA (2)
Premium Finance (5)
Charity (2)
Webinar (4)
case studies (3)
industry trends (1)
presentations (3)
selling (1)
Life Insurance (96)
life 101 (2)
virtual sales (3)
Looking Forward, Giving Back (1)
Baby Boomers (1)
online resources (1)
Life Insurance Awareness Month (6)
agent resources (1)
guaranteed universal life (1)
Income Planning Academy (1)
Index Universal Life (1)
Long-Term Care Awareness Month (1)
injury (1)
Social Media (8)
leads (6)
advanced planning (2)
guarantee (1)
life insurance quotes (1)
Brokers (2)
Media (2)
MYGA (10)
Legacy Planning (1)
business owners (4)
living benefits (8)
MAC App Feature (1)
LifeBrain (1)
Star Wars (1)
Alternative Investments (2)
Product Updates (1)
Gender Gap (1)
review (2)
Annuity Concepts (13)
illness (1)
Advice (1)
Income (1)
life concepts (1)
Brand Values (1)
Deferred Fixed Annuities (2)
Beneficiary (2)
BlackRock (1)
premium deposit account (1)
Generation Y (1)
Retirement ACE (1)
Sales (25)
Life Insurance Brokers (6)
myAdvisorCloud (4)
Retirement Planning (24)
RMD (1)
life insurance awareness (1)
Variable Annuities (1)
business planning (6)
Asset-Based LTC (1)

Tag Cloud

life 101Fixed AnnuitiesLife Quotesindexed universal lifeGender GapBreast Cancer ResearchProduct UpdatesAdvicesales presentationsDonationnetworkingRetirement InvestmentStar Warsestate planningHealth Carelife insurance quotesIndex Universal Lifebusiness ownersLife Insurance Trendsliving benefitsUniversal Life Insurancebuy sell agreementLegacyfuneralFacebookAnnuity ConceptsLife InsuranceInterest RatesFIAlife insurance awarenessVideo On-DemandPPCBlackRockProtectionsales kitFeatured MAC AppMobile Appproductspermanent life insuranceGeneration YhiringMillennialsLife Insurance Check UpCharityLife Insurance Brokerearning opportunitiesanalysisreviewBeneficiaryLeaderboardInsuranceLong-Term Care Awareness Monthsocial securityTraining EventinjuryInvestmentsSaleslife conceptsQuoting ToolsBrokersbusiness solutionscase studiesleadsRetirement PlanningVariable Annuitiesagent resourcespresentationsLifeBrainEconomyillnessExecutive Bonus ArrangementMediaBreast Cancer Awareness MonthIndexed AnnuityProduction2019Tax Benefitsadvanced planningBaby BoomersPIAMarketImmediate Fixed AnnuitiestermContent Buildingbusiness owner solutionsIncome Planning AcademyBrand ValuesLife Insurance Awareness MonthPBRRetirement StrategyLife Insurance EvaluationWaste Management OpensellingFinancial Legacyonline resourcesLife Insurance BrokersMarketingFinancial PlanningMYGAGiftquotingtoolsPremium Financenon-medAnnuityRetirement ACEresourcesTipsunderwritingmyAdvisorCloudWebinarAsset-Based LTCClientsterm lifegulindustry trendsBrokers Alliance OpenMarket ExposureSales ConceptsCSOInflationQuotesAlternativesdigital toolsmarch madnessbusinesstrainingprivate pension fundingRothDOLend of yearDeferred Fixed AnnuitiesSocial MediaAdditional EarningBenefitsBest RatesAnnuity Update ShowFinancialMAC App Featurekey personratesCash Valuelife happensRequired Minimum DistributionSocial OptimizationLong Term CareE-AppLooking Forward, Giving BackDeath Benefitpremium deposit accountRMDIncomeIRARetirementsavingsMACFixed Indexed AnnuitiesHybrid Productsconsumer marketingbusiness planningfinal expensevirtual salesguaranteed universal lifeIULCharitable GivingtrendsBrokers AllianceAnnuitiesAlternative InvestmentsIllustrationsComplianceLife Insurance Update ShowLegacy PlanningProspectingguaranteePitchHealthy Livingadvanced markets