Planning Resources
Financial Planning Is A Journey
Your financial future demands a road map along with professional, consistent attention to details. Let Branch Planning come along side you and provide you with direction and assurance.
Understanding Long-Term Care and Insurance
Many people wrongly believe their health insurance or Medicaid will cover long-term care services, but that's not always true. Medicaid coverage is limited, varies by state, and might require you to limit your assets to qualify. These misunderstandings can lead to big problems for those who haven't properly prepared for long-term care. Long-term care includes services, both medical and non-medical, for people who can't do basic daily tasks like dressing or bathing. This care[...]
Misconceptions About Cost Of Life Insurance
A recent study by LIMRA and Life Happens reveals that 42% of American adults, or 102 million people, need life insurance or more coverage. Education on What is Factual. Many people think life insurance is too expensive. However, 72% of Americans overestimate the cost of a basic term life insurance policy. Younger people often think it costs three times more than it does. Over half of respondents (54%) base their estimates on a "wild[...]
7 Tips to Help Couples Build a Financial Future Together
Planning for the financial future as a couple is crucial to building a life together. It reflects good financial management skills and is vital in strengthening the bond of trust and understanding in a relationship. Creating a comprehensive financial future requires good communication, setting common goals, and working together toward establishing them. Here are some essential tips to help couples as they work toward their future goals together. 1. Practice open communication Discussing finances[...]
Determining How Much to Give to Charities
During Retirement Retirement brings many significant lifestyle changes, shifting daily routines, and adjusting financial patterns. This stage of life also presents an opportunity to reassess one’s contributions to society. Retirees often consider how much to give to charities now that they’re retired. However, the answer to this question can be determined by many factors, including financial health, personal beliefs, and the particular causes one wishes to support. Here is what to consider if you[...]
Financially Plan For Your Retirement Income
When you picture retirement, you may think of traveling, pursuing your favorite hobbies, or spending time with your family and friends. To ensure you have enough saved up to enjoy all of these activities, be sure to create a retirement plan that outlines the income you need to cover both planned and unexpected expenses.Why should I plan my income in retirement?When you transition from work to retirement, you may plan to rely upon your savings[...]
Planning For Retirement At Each Stage Of Life
Whether you’re just starting in your career or retirement is close on the horizon, planning for the future can significantly impact your financial well-being in the years ahead. Since preparation is a good idea for most, the sooner you start saving or implementing a savings plan, the more likely you’ll have the financial security to maintain your lifestyle throughout retirement. Tyler De Haan, Director of Advanced Sales tells us, “The secret to wealth creation[...]
Hugh Hewitt
