Services

Personal disability insurance provides financial protection for individuals who are unable to work due to a disability or illness. This insurance typically replaces a portion of lost income, ensuring financial stability during a period of incapacity. It offers coverage for various disabilities, whether temporary or permanent, caused by accidents, injuries,…

Knowing if you’ll have enough income for retirement can be one of the most stressful, yet important tasks a retiree or pre-retiree can address. After all, the factors that come into planning for retirement (potential downsizing, location, planned activities, the desire to travel and healthcare) are based all or in…

The most basic type of annuity, it involves a lump sum deposit to the insurance company in exchange for an ongoing, guaranteed stream of income for a specified period or life. Income can start almost immediately or within a year. Since part of the income stream is a return or…

Fixed Annuities are issued by insurance companies which protect against loss and pay interest based on a fixed rate of return. The interest rate is typically based on current interest rates and is set for a number of years. After the initial interest rate period expires, a renewal rate may…

In its most basic form, an annuity is a contract between you and the insurance company in which the insurance company promises a series of payments to the owner or annuitant for a stipulated period of time (annuitization). It is a long term savings product backed by the claims paying…

The college years come up quickly and it’s never too early to start saving. By utilizing Your Family Bank, we can show you how to affordably start saving for college while protecting against the unforeseen, all with a safe, consistent strategy. Credit Cards Student Loan Debt Business Debt/Cash Flow College…

If there’s one thing we know, it’s that a significant number of us will eventually need some form of LTC at some point in our lives, be it due to aging or cognitive impairment (Alzheimer’s disease or dementia). Per Morningstar.com (2019 edition; https://www.morningstar.com/articles/957487/must-know-statistics-about-long-term-care-2019-edition), 47% of men aged 65 or older…

The average US student loan debt now stands at over $40,000 per student(usdebtclock.org). Paying this debt off quickly can jump start saving for yourhome, retirement or simply increase cash flow for a more enjoyable, stress freelife. Ignoring Student Loan Debt can lead to negative consequences and default,which can have an…

Individuals aren’t the only ones with debt. Let us show you how to help pay off your company’s debt in significantly less time than your current schedule. Doing so could increase your credit rating and save interest, which could open up additional opportunities. Additionally, funds accumulated within this strategy can…

With total US credit card debt approaching $1 Trillion (USdebtclock.org), Credit Card debt can be a big problem. Since it’s unsecured debt, the interest rate charged is usually significantly higher than almost any other type of debt. With interest rates only poised to move up from historic lows, isn’t it…