How does the home’s construction type impact insurance or other costs? What steps can homeowners take to lower their insurance costs? Sandra D. Adams, CFPLead Financial Planner/Partner at The Center for Financial Planning, Inc. Heidi Petschauer, CICPresident, Petschauer Insurance ...
still be impacted even if you weren’t the cause of the accident. If your insurance company pays to cover your claim, your rates could increase depending on your state and insurance company. The best way to find out how an accident will impact your rates is to ask your insurance ...
Rachel HartmanDec. 23, 2024 Can I Afford Long-Term Care Insurance? Assess the cost considerations of long-term care insurance for retirees and pre-retirees. Kate StalterDec. 20, 2024 12 Alternatives to Full-Time Retirement Ease into retirement at your own pace and in a...
Renters insurance costs$170 per yearon average, according to the latest data available from the Insurance Information Institute. However, the cost of your renters insurance policy will vary based on several factors, includinghow much personal property coverageyou purchase, which level of liability cove...
That can mean your loved ones will have to pay for burial and other end-of-life expenses. As you think about the amount of life insurance coverage to buy, consider your beneficiaries and what they’ll need. » MORE: Who needs life insurance? How much life insurance do you need? The ...
Some 401(k) plans have an automatic escalation feature that will increase your savings rate over time without any further action. Read: 401(k) Mistakes to Avoid. Don't Stick With the Default Savings Rate Many employees are automatically enrolled in their workplace 401(k) plan. When this ...
Lifestyle is another big factor to consider in estimating how much you will spend in retirement. You might choose activities that are relatively easy on the wallet, such as spending more time with grandkids, reading, or gardening. But increasingly people want to tap into their savings to creat...
When it comes to managing your money, it's natural to have a lot of questions: Are thereexpenses you shouldn't put on a credit card? How much cash shouldyou keep in your savings and checking accounts? When are youready to start investing?
How Trump Tariffs Will Increase Costs American businesses will likely be directly affected and pass costs on to consumers. Aja McClanahanJan. 7, 2025 Tax Rules for Giving or Getting Cash Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes ha...
Dawn PapandreaJan. 9, 2025 Will You Benefit From Trump Tax Cuts? Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax increases that are currently scheduled to take effect in 2026. ...