Plan for your family’s future
What would your family do if you got sick and couldn’t work? Could your family keep the home and maintain their lifestyle if you would die? If you have children, how will you pay for their college education? These are a few of the many situations good planning can help you address:
Protect your future income – Think about what would happen if you got sick or injured and couldn’t work. How would you pay the bills? The mortgage? How would you protect your family’s future?
Save for your children’s education – A four-year college education could easily cost tens of thousands of dollars. How will you afford it?
Care for an elderly parent – Your parents have always taken care of you. Now you could face the possibility of needing to take care of them. How would you pay for that care?
Save for retirement – Have you planned sufficiently to achieve your retirement dreams and live comfortably?
Protect your estate – Do you have money set aside for your heirs to pay for your estate taxes? If not, the burden could be on them to pay the taxes.