Inventorying Your Possessions Presented by Marc Aarons Only four in ten Americans have a home inventory, despite the fact that 3.4 million Americans were displaced by natural disasters in 2022.1,2 It’s great to have insurance against damage and loss, but if you can’t show proof of your possessions, it may result in a protracted settlement […]

Understanding FDIC Insurance Presented by Marc Aarons It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how it works, and what it covers. What […]

What is an Annuity? What you should know about them. Provided by Marc Aarons   Individuals hold about $2.5 trillion in annuity contracts; a tidy sum considering an estimated $12.2 trillion is held in all types of IRAs.1 Annuity contracts are purchased from an insurance company. In exchange, the insurance company makes regular payments to […]

Separating some eldercare facts from eldercare myths. Provided by Marc Aarons How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here are some facts to dispel some myths. True or […]

An overview of some of the fundamental steps to take.  Provided by Marc Aarons  When you lose a spouse, partner, or parent, the grief can be overwhelming. In the midst of that grief, life goes on. There are arrangements to be made, things to be taken care of – and in recognition of this reality, […]

Exploring your extended care options may be wise at this time. Provided by Marc Aarons Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost […]

What it is, and why it’s important.  Provided by Marc Aarons Did you know that May is Disability Insurance Awareness Month? First started in 2007, the month of May was the first time that information about disability insurance became more easily accessible to millions of Americans. Recently, Disability Insurance Awareness Month has become a time […]

The important question: Are you prepared?  Provided by Marc Aarons at Money Managers, Inc.  Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and Human Services estimates that 69% of people over age 65 can […]

A good financial strategy is not just about “making money;” it is also about protection. Provided by Marc Aarons  Some people mistake investing for financial planning. Their “financial strategy” is an investing strategy, in which they chase the return and focus on the yield of their portfolio. As they do so, they miss the big […]

Certain kinds of coverage may help to sustain you financially in an emergency.  Provided by Money Managers, Inc. You plan for retirement with expectations in mind. You hope to enjoy a certain quality of life, with sufficient income resulting from smart financial choices. Ideally, your future unfolds as planned. But what if the unexpected happens? […]