Imagine the following scenario: You run a successful business with your business partner of 20 years. Your business partner dies unexpectedly. After the funeral, your deceased partner’s spouse shows up at your office with her two grown children. They ask for the key to your partner’s office – not to clean it out, but to move in.
You’re twenty-five and feeling alive. You’re settling into life after college, paying off your debts, and slowly figuring how to 'adult', but with the responsibility of bills, rent, and even keeping up social appearances, prioritizing financial planning is something far too often pushed to the side.
The digital world has transformed professional industries in unique ways that prior to internet access would have been impossible. Doctors can monitor patients remotely, lawyers can offer counsel online, software can complete your taxes for you, and even financial investments and advertisements can be made without any face-to-face contact.
It is no secret that annuities include certain costs that you wouldn't ordinarily encounter with other types of investment products. While critics try to showcase the cost difference of annuities by directly comparing them with other products, it is not a fair comparison as annuities can be considered in a class of their own.
Happy New Year! As the mark of a new year allows us to focus on new beginnings, it is a great time to reevaluate financial goals and measure the progress that has been made. Whether you fell below or surpassed your expectations, allow yourself to have a fresh perspective and focus your forthcoming efforts on what matters most, the issues that directly