How Much You Should Have In Your 401(k)
According to a retirement study released by Stanford University, only about 50% of American workers have access to a 401(k) or equivalent employer-sponsored retirement plan. And many who have a retirement account, aren’t making sufficient contributions to meet their targeted retirement goals. Retirement savings is a life venture where the stronger you start — and the earlier it happens — …
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Average Life Insurance Rates in 2020
According to the AIG Life Insurance IQ Study, 51% of Americans either don’t know if they have a life insurance policy or don’t have one at all. Although 70% of respondents acknowledged that life insurance could protect their family’ chances at living a financially secure life, many still go uninsured. What many don’t realize is that life insurance premiums are …
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Make Sure You Avoid These Financial Scams
If you’ve been the victim of a financial scam, you’re not alone. Scams are more common than you might realize — if there’s a financial activity or transaction present, there’s almost certainly some type of scam attached to it. According to the Federal Trade Commission’s (FTC) Consumer Sentinel Network Data Book 2019, there were 3.2 million consumer-reported cases of identity …
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The Best Online Banks in the Country
Today, nearly all banks offer online banking. For many, the feature isn’t particularly well-developed. But in the past decade banks specializing in online banking have become more popular with each year. The banks that are specializing in online, even providing their services on an online-only basis, are leading the pack into the future. Since there’s a real chance banks will …
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How Does Coronavirus Affect Life Insurance?
Coronavirus hasn’t entirely ended life as we knew it, but it’s certainly caused changes, some of which are likely to be with us for a very long time. For some the coronavirus is literally a matter of life and death, and it raises an important question: how does coronavirus affect life insurance? No one likes to think about the possibility …
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How to Build Financial Resilience in An Economic Downturn
Do you remember all those soothing economic numbers that were floating around as recently as February? You know – the record low unemployment rate of 3.5%, and the record high stock market, with the Dow Jones Industrial Average closing at almost 30,000? It seems like ages ago, doesn’t it? The coronavirus happened and changed it all – in just three …
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