Known for Superior Service
May 15th
What would happen to you or your family if an unexpected disability meant you couldn’t work for a few months nevertheless a year or more? Disability causes nearly 50% of mortgage foreclosures, and unexpected illnesses and injuries cause 350,000 personal bankruptcies each year (Health Affairs, Feb. 2, 2005). You might believe it can’t happen to you, but according to the U.S. Census Bureau, 1 in 5 workers will be out of work for at least a year before they retire. If you were disabled, how would you replace your paycheck? Savings or disability income insurance are the main funding sources. How long could you live on your savings?
Social security does pay a disability benefit (SSDI), but the average monthly benefit is $978, and less than half of workers who apply for SSDI are approved (Social Security Administration Fact Sheet 2007). If your employer offers some disability coverage and you have elected to get it, do you know how much of your income it replaces including bonuses, and for how long? How well have you protected your family’s lifestyle from a disability? Visit our web page: www.gotobeacon.com/disability_info.html or call us for a checkup.
Jan 5th
Will this be the year you make more progress on those financial plans for retirement or college savings we keep asking you about? Will this be the year you get wills and other estate plans drafted or updated? You will be a year older. Will your health improve or could an unexpected medical issue appear? To work on these resolutions, check out our web site for tools to determine the right type and amount of life insurance or disability income insurance. We also have links to retirement accumulation calculators. Finally, we have the background to help you make progress in all these areas. Call us to get started on your resolutions.
INVEST Financial Corporation (INVEST), member FINRA, SIPC, a registered broker dealer and federally registered investment advisor, is not affiliated with Beacon Insurance Group, Inc.. INVEST does not provide tax or legal advice. Please consult your tax or legal adviser for guidance on your particular situation. Securities, advisory services and certain insurance products are offered through INVEST and affiliated insurance agencies. Advisory services are offered through INVEST Financial Corporation, a federally registered investment advisor.
