Tag: Financial Planning

Health Insurance Costs Rising for North Dakota Farmers Amid Federal Cuts

Rising health insurance costs for North Dakota farmers demand urgent financial planning and policy advocacy to ease fiscal challenges. Learn more.

Florida's Escalating Insurance Costs Challenge Retirees in 2024

Explore how Florida's soaring insurance rates and living costs strain retirees' finances in 2024. Understand the impact on retirement plans and options.

DPL Financial Partners Names Brad Mendenhall EVP of Insurance Solutions

DPL Financial Partners appoints Brad Mendenhall as EVP of Insurance Solutions to expand commission-free insurance offerings for registered investment advisors and enhance financial planning capabilities.

Income Needed to Afford a $500,000 Home amid Rising Housing Costs

Explore the income required to afford a $500,000 home in the U.S. with rising home prices, mortgage rates, and housing expenses analyzed using HUD affordability standards.

Amica Insurance's VP Shares Practical Steps for Managing Debt and Budgeting

Amica Insurance's assistant VP Bryanca Colvin outlines a three-step plan to help consumers manage debt, prioritize needs over wants, and choose the right insurance coverage to safeguard finances.

Timing and Type: Navigating Life Insurance Choices at Year-End

Explore the strategic importance of life insurance choices at year-end. Understand Term Life and Indexed Universal Life options, timing benefits, and market impacts for insurance professionals.

Georgia Launches Catastrophe Savings Accounts to Offset Rising Disaster Costs

Georgia introduces catastrophe savings accounts to help homeowners manage rising disaster expenses with tax advantages and insurance deductible support.

Social Security COLA Formula Undermines Retiree Buying Power by 20%

Social Security benefits have lost 20% of buying power since 2010 due to COLAs based on consumer price index misaligned with retiree spending. Learn how annuities can supplement retirement income.

Federal Reserve Interest Rate Cuts: Implications for U.S. Borrowers and Investors

Explore how the Federal Reserve's recent interest rate cuts affect U.S. borrowers, mortgage rates, bond and stock markets, and investment strategies.

U.S. Homeownership Costs Exceed 40% of Income in Most Markets

Bankrate analysis shows American homebuyers now need over 40% of their income for homeownership costs, surpassing the traditional 30% rule across most U.S. markets.