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

Alternative Investments (2)
Life Quotes (2)
Required Minimum Distribution (1)
PPC (2)
Roth (1)
business owners (1)
IRA (1)
living benefits (6)
Life Insurance Check Up (6)
Looking Forward, Giving Back (1)
estate planning (1)
consumer marketing (1)
Executive Bonus Arrangement (1)
Life Insurance Update Show (9)
business solutions (1)
Pitch (1)
rates (1)
review (1)
Financial Legacy (6)
Fixed Annuities (8)
non-med (2)
Best Rates (1)
Insurance (21)
business (1)
Cash Value (1)
Life Insurance Trends (19)
products (5)
advanced markets (1)
hiring (6)
Retirement Investment (4)
case studies (2)
private pension funding (1)
Generation Y (1)
premium deposit account (1)
Advice (1)
selling (1)
Sales (18)
Facebook (2)
Life Insurance Broker (15)
Retirement Planning (23)
illness (1)
end of year (1)
Breast Cancer Research (1)
earning opportunities (1)
final expense (1)
Income Planning Academy (1)
Production (1)
MYGA (9)
Legacy (1)
Content Building (2)
Universal Life Insurance (2)
Clients (2)
trends (1)
underwriting (1)
Media (2)
Breast Cancer Awareness Month (4)
Social Media (7)
life 101 (1)
training (1)
leads (5)
Video On-Demand (1)
Training Event (1)
Premium Finance (4)
Life Insurance Evaluation (8)
Indexed Annuity (3)
Alternatives (4)
injury (1)
funeral (1)
Waste Management Open (1)
Life Insurance Brokers (6)
Gender Gap (1)
Additional Earning (1)
social security (1)
Brokers Alliance Open (1)
key person (1)
business planning (3)
Life Insurance Awareness Month (6)
Financial (4)
resources (1)
PIA (2)
industry trends (1)
Tips (2)
Social Optimization (3)
Brokers (2)
Gift (1)
gul (2)
Immediate Fixed Annuities (1)
Deferred Fixed Annuities (1)
Prospecting (3)
Marketing (12)
Baby Boomers (1)
2019 (1)
Variable Annuities (1)
FIA (1)
Annuity Update Show (11)
Leaderboard (1)
advanced planning (2)
Donation (1)
Millennials (6)
Sales Concepts (10)
Retirement Strategy (4)
Investments (2)
IUL (12)
Tax Benefits (2)
Annuities (29)
Charity (2)
Brand Values (1)
Star Wars (1)
Interest Rates (1)
Death Benefit (1)
term life (7)
Retirement (10)
Annuity Concepts (12)
Legacy Planning (1)
Health Care (1)
march madness (1)
Brokers Alliance (8)
Long-Term Care Awareness Month (1)
Income (1)
DOL (2)
RMD (1)
Life Insurance (83)
Growth Opportunity (1)
Market Exposure (1)
Webinar (1)
Long Term Care (3)
term (5)
Charitable Giving (3)
Benefits (1)
Healthy Living (1)
Financial Planning (19)
Protection (1)

Tag Cloud

2019PIAadvanced marketsAnnuity ConceptsreviewRetirement InvestmentIncomeAnnuitiesMarketingproductsLegacyBenefitsCharityestate planningDonationbusinesstrainingLong-Term Care Awareness MonthMillennialsbusiness planningFinancialPitchUniversal Life InsuranceillnessSalesliving benefitstermRetirement PlanningGrowth OpportunityLong Term CareBaby BoomersRequired Minimum DistributionExecutive Bonus Arrangementindustry trendsLife Insurance Update Showfinal expenseFinancial LegacyLegacy PlanningBrokers Alliance OpenLife Insurance BrokersRothWebinarVariable AnnuitiesHealthy LivingfuneralDeath BenefitleadsPPCGiftBreast Cancer ResearchBrokers AllianceStar WarsFixed AnnuitiestrendsWaste Management OpenIULAdviceAlternative Investmentspremium deposit accountcase studiesIndexed Annuityprivate pension fundingVideo On-DemandRMDInvestmentsGender GapCharitable GivingLife Insurance BrokerInsuranceCash ValueMediaLife Insurance TrendsAdditional Earningend of yeargulLife Insurance Check Upinjurymarch madnessLife InsuranceBest RatesTipsFinancial PlanningRetirementSales ConceptsTraining EventhiringLooking Forward, Giving BackLife Insurance Awareness MonthProspectingPremium FinanceMarket Exposurebusiness ownersLife Insurance EvaluationInterest RatesAnnuity Update ShowsellingProductionDOLRetirement StrategyBrand ValuesLeaderboardadvanced planningAlternativesnon-medFacebookterm lifeBreast Cancer Awareness MonthHealth Carebusiness solutionsresourcesconsumer marketingkey personGeneration YratesTax BenefitsIncome Planning Academyearning opportunitiesLife QuotesSocial OptimizationIRASocial MediaMYGAFIAContent BuildingProtectionImmediate Fixed AnnuitiesClientssocial securityBrokerslife 101underwritingDeferred Fixed Annuities