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February 26, 2024

How Much Car Insurance Do You Need?

In every state, there exists a legal obligation to maintain a minimum level of car insurance, as outlined by financial responsibility laws. This compulsory coverage primarily includes liability insurance, which serves to address damages and injuries caused to others in the event of an accident. The standard minimum liability limits typically encompass $25,000 per individual… View Article

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February 5, 2024

What the Election Could Mean For Your Retirement

As individuals approach retirement, safeguarding their retirement income from potential volatility becomes a paramount objective. With the looming specter of an election cycle, many are understandably concerned about its potential impact on their financial future. If you find yourself pondering the same, let’s delve into proactive measures you can take in preparation. A primary area… View Article

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December 7, 2023

Origins of Economic Downturns: Initiating Points and Warning Signals

As financial advisors assisting individuals in managing their finances, it is our duty to address not only prosperous periods but also the more challenging phases. Amid discussions about economic downturns, the term “recession” frequently emerges, an aspect we may prefer to avoid contemplating but one that we inevitably experience. As our economy appears to transition… View Article

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November 27, 2023

Navigating Layoffs: Safeguarding Your Retirement Finances Amidst Uncertainty and Building a Solid Financial Future

Experiencing an involuntary layoff can undoubtedly raise various concerns, and the impact on your retirement planning is likely one of them. While immediate financial obligations such as rent or mortgage may take precedence, it’s crucial not to overlook the potential long-term consequences of neglecting your retirement savings. Crafting a thoughtful plan becomes essential during challenging… View Article

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June 27, 2023

Why A 6-Month Emergency Fund May Be Too Much For You

When it comes to saving for emergencies, the commonly recommended rule of thumb is to set aside three to six months’ worth of living expenses. However, recent survey data reveals that a staggering 53% of Americans have no emergency fund at all. Inflation and higher interest rates on debt make it even more challenging to… View Article

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June 15, 2023

What is the Projected COLA for 2024? Social Security Recipients May See it Shrink More.

Most people are pleased with the decrease in inflation, but Social Security recipients have mixed feelings about it. In May, the annual inflation rate dropped to 4%, marking the smallest increase since March 2021 and a significant drop from the peak of 9.1% in June of the previous year. The decline was primarily driven by… View Article

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