Brad Collins/NY Life Insurance 1 in 5 Americans age 65 or older are working or looking for work. 1 Why do so many expect to postpone a typical, leisure-filled retirement? One theory points to the decline of pensions and the need to replace the income stream that used to come—guaranteed—from a pastContinue Reading
The Federal Bureau of Investigation (FBI) has a list of 31 common fraud schemes on its “Scams and Safety”1 web page, including credit card theft. The thief makes small purchases with your stolen credit card number and sees if they go through, if they do, then they hit your accountContinue Reading
Brad Collins/NY Life Insurance Most business owners want to grow their businesses and pass them on to the next generation. But how many owners actually succeed? Relatively few, as it turns out. Studies show that only a third of family firms make it to the second generation, and just a sliver getContinue Reading
Brad Collins/NY Life Insurance Aging is a fact of life and it comes with certain realities. While most of us probably don’t want to picture ourselves eventually needing help with daily activities, more than half of Americans turning 65 today will need some type of long-term care during their remaining years. AsContinue Reading
Brad Collins/NY Life Insurance When interest rates are low, you may have questions about how this affects your financial strategy. Low interest rates often make investors worry about lagging returns. Investors might consider adding income annuities to their retirement portfolio. How to compare income-generating solutions when interest rates are low. Continue Reading
Brad Collins/NY Life Insurance Contrary to popular belief, life does have second acts. And if you’re nearing retirement and want—or need—to continue working, there’s some good news: You can leverage the knowledge and experience of your first career into a new one that can generate the income you need, and be personallyContinue Reading
Brad Collins/NY Life Insurance You may think you don’t need to worry about life insurance until, or if, you have children. After all, there’s no one who relies on you to feed, clothe, and educate them. Remaining uninsured, however, could prove to be a big financial mistake, even without dependents. Here’s why.Continue Reading
As a business owner, you probably know everything about how your company works. But maybe not what it’s worth. If so, that might create problems in the eventual sale or transfer of your business, especially if the sale or transfer is sudden. Proper valuation of your business helps youContinue Reading
From NYLife Press Office October 13th, 2020 – New York Life is officially open for business. “New York Life Insurance Company takes great pride in becoming the newest member of the Jefferson business community. “I look forward to serving the needs of local consumers and businesses and to contributing toContinue Reading