(By Melanie Haiken,Caring.com Senior Editor)
Annual checkups and tests such as colonoscopies and PSA assays are important, but it’s not a good idea to rely on tests alone to protect you from cancer. It’s just as important to listen to your body and notice anything that’s different, odd, or unexplainable.
(You should also listen to those close to you, such as a wife or partner, because others sometimes notice things we’re unaware of–or don’t want to admit.)
You don’t want to join the ranks of cancer patients who realize too late that symptoms they’d noticed for a long time could have sounded the alarm earlier, when cancer was easier to cure.
1. Buys time
Allows loved ones to focus on their grief by helping to pay for the funeral and other final expenses.
2. Provides a fresh start
Lets loved ones start with a clean slate by helping to pay off credit card bills, outstanding loans and even the mortgage.
3. Generates income
Helps replace lost income for years to come so that surviving family members can continue to pay for life’s necessities.
Life Insurance Planning
There are many life stages that affect your need for life insurance. It's important to consider these stages and how life insurance plays a role while developing your overall financial plan. You may be surprised at how often your life insurance needs change.
Read the life stages below to find out when you need life insurance and when you should reevaluate your needs.
Life Stages
New Baby
Whether you're trying to get pregnant, pregnant or a new parent, you need life insurance. The truth is, the financial responsibility arrives before the baby does. Life insurance will be the single most important purchase you make to protect your child's financial future.
By Thomas Wood, Director, Financial Planning
From Inside Personal Finance
“I wish we had come to see you 10 years ago!” That’s a line we often hear from clients who are new to our financial planning practice. Clearly, lots of folks who are approaching their golden years are finding that they will be unable to maintain their standard of living once they retire. These people may have started saving too late; not saved enough; made bad investment choices; run into unexpected adversity; or, more probably, experienced a combination of all of the above.
If you (or anyone you know) find yourself in such a situation, here are a few strategies that, if taken seriously, might help you attain the retirement lifestyle you’re looking to achieve: