Life Insurance helps create a complete financial plan by strengthening the other components.
Long-Term Care Insurance helps offset the cost of living if you become unable to care for yourself.
Disability Insurance can make up for lost wages should an accident, sickness or injuries keep you from working.
Emergency Savings is a key part of your protection plan. The rule of thumb is to set aside 6 months of living expenses in case of an emergency.
In this example, regular investing helped Jane accumulate $188,876 more. Imagine how much more you'll be able to save if you start early and consistently save.
Assumes a 7% annual rate of return compounded monthly. These hypothetical examples are for illustrative purposes only.
A legal declaration of how you want your assets distributed when you die.
Transfer property to your beneficiaries with several tax and non-tax advantages.
Tax-efficiently distributes assets to select organizations.
Helps your family maintain their lifestyle, provide liquidity to pay taxes and settlement costs, as well as equalize inheritances.
John waits until age 33 to begin investing $100 per month and continues for 32 years. His total contribution of $38,400 grows to $14,674 by age 65.*
Bill begins investing $100 per month at age 22 and continues for 10 years. His total contribution of $12,000 grows to $174,217 by age 65.*
Jane begins investing $100 per month at age 22 and continues investing for 43 years. Her total contribution of $38,400 grows to $329,524 by age 65.*
Even though John contributed triple the amount of money, Bill accumulated more by starting earlier. Of coarse, Jane saved the most by investing consistently for a longer period of time.