David Lerner Associates News, Syosset NY
A Guide to Life Insurance
Death can be considered a morbid subject to discuss. But making an important decision regarding your life insurance - and which type of life insurance - might turn out to be one of the most important discussions of all.
A Guide to Estate Planning
Do you have an estate plan? A basic estate plan is an important financial document for everyone to have, whether you think you need one or not, and here's why.
The Importance of Life Insurance
Benjamin Franklin wrote in a 1789 letter that in this world nothing can be said to be certain, except death and taxes. The great unknown is exactly that, unknown, and none of us knows exactly when we're going to leave this world.
Is Life Insurance Necessary?
Life insurance is very different from other kinds of insurance. The differences are important to consider as you think over your insurance needs.
Taxes and Long Term Care
Long term care expenses can wipe out a person's savings and investments. That's why it is important to consider long term care insurance.
An annuity is essentially a contract with an insurance company. You'll typically pay the insurer a sum of money, and in exchange the insurer will commit to sending you regular payments immediately or in the future for the duration of the contract.
Women and Retirement Planning
As with most things in life, retirement planning is slightly different for women than it is for men given the many challenges they face. To meet these financial challenges women need to make retirement planning a priority.
Raising Financial Literacy
While one might be forgiven for thinking that a lack of financial literacy is exclusively a problem with young people and students, 41% of adults gave themselves a grade of C, D, or F regarding their knowledge of personal finance.
Millennials and Retirement Advice
Millennials are heading toward an age where retirement should be on their minds, not because they're going to retire soon but because this is the ideal time to start preparing a retirement strategy.
Financial Security for Young Adults
Millennials have an advantage in that they have a comparative wealth of time to plan for retirement and allow smart financial investments to mature
How to Eliminate Credit Card Debt
Being saddled with credit card is never a good thing, especially when you're only paying your minimums, hardly touching your principal, and just getting by every month.
Taking On Your Debt
The average American is swimming in debt, from student loans to credit cards, mortgages, and so on.
How to Prevent Money from Ruining Your Marriage
Sharing finances with a partner comes with a lot of issues; mutual trust, respect, self-worth, etc. These are all areas that, if damaged even slightly, can lead to upset and tear the fabric of a marriage apart.
How Much Money Do You Need To Retire
Despite many Americans being stressed about the idea of retirement, a full one third of us aren't saving for retirement at all, and many don't have any idea of how much they'll need to fund their golden years.
How to Retire Early
Retirement is something that requires a solid plan and smart strategies, executed over a number of years. But one third of Americans aren't saving for retirement, and a sizable percentage have virtually no money in savings and investments.
College Grads and Financial Literacy
Unfortunately, college students are not well prepared for the real world financially speaking, because it is not taught.
Preparing for Retirement
The truth is there is no "magic number". How much you need to save for retirement will depend entirely on your spending habits.
Money Lessons for Women
Gender roles in today's society have shifted dramatically from a time when little girls grew up hoping to find a good man who could take care of them financially.
Retirement Advice for Millennials
The generation known as Millennials is coming toward an age group where retirement should be on their minds because this is the perfect time to start preparing a retirement strategy.
Understanding Long Term Care Insurance
The majority of Americans who live past the age of 65 will require some sort of help caring for themselves. In fact, nearly 70% of Americans 65 and older need long term care at some point.