First of all, the term ‘getting out of debt’ is a misnomer. Sure, most consumer debt is bad, incurred at ridiculously high interest rates, and something you want to pay off as soon as possible, with a vengeance.What we really want to do is increase your net worth. That means you want your assets
Reduce Your Student Loan BurdenThe bad news is that the average medical school debt is higher than ever. According to the 2014 Medscape Residents Salary and Debt report, the median cost to attend medical school in the United States was $207,868 at public schools and $278,455 at private universities.
There are common elements, of course, that apply to just about any disability insurance policy. All of them are designed to protect (replace) a fraction of your income for a time in the event you experience a qualifying disability. In the individual market, you must be in good health at the time you
Writing for the Detroit News, financial planner Barry Glassman identifies the three “must-have” insurance plans for American families: life, disability and long-term care.We concur.If you have a car, the law forces you to buy auto insurance (to protect other people, if not yourself). If you buy a
That’s a question we are often called to address, and the answer is often “yes.” You may not need the same level of protection as people well into their medical careers, and unless you’re independently wealthy, we understand you can’t afford to pay unlimited disability insurance premiums. But we
Once you sign on with a federally-guaranteed student loan, getting out of it is tough. When the U.S. government guaranteed your student loan debt, it put other hard-working taxpayers’ money on the line for you. That makes these loans fundamentally different from private loans that don’t come with
Plight of NFL Players Underscores Value of Own Occupation Disability InsuranceSuppose you were a professional football player in the NFL. Not one of the marquis names, and not a quarterback. Just an anonymous foot soldier on the offensive or defensive line. Someone who made it through college by the
Most people who get as far as receiving a quote from a disability insurance site see the price of the policy. But it’s important to understand the value of a disability insurance policy as well. The fact is that one in four of you reading this will struggle with a disability disrupting your ability