By Brad Collins, NYLife If you have employees, you know that the loss of a key employee can have a profound impact on business operations. When an employee leaves, customers may worry about receiving their goods or services in a timely manner; suppliers may be concerned about getting paid forContinue Reading
From NYLife’s Brad Collins The first image that often comes to mind when people think about long-term care is an elderly person sitting alone in a depressing nursing home. The misconceptions about what long-term care involves and peoples’ images of the most common care settings are understandable, since long-term careContinue Reading
By NYLife’s Brad Collins When people save for retirement, the biggest concern is the return on investment. When they retire however, it’s not only the returns they need to care about, but also the order of those returns. Negative returns during the first couple of years of retirement can increaseContinue Reading
By NYLife’s Brad Collins All business owners can benefit from some level of estate planning. Building protection into your business plan is one of the most important decisions you can make to safeguard your partners, your employees and your family. Here, we will discuss the four key components of estateContinue Reading
By NYLife’s Brad Collins According to the Bureau of Labor Statistics, just 51% of private sector employers offer defined contribution or defined benefit pension plans, and only 8% offer traditional defined benefit plans, thereby eliminating a guaranteed source of lifetime income. Social Security benefits replace about 40% of the averageContinue Reading