Entries by Franklin Banfer

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NEW YEAR FINANCIAL PLANNING CHECKLIST

Welcome to the New Year! Start the year 2018 with a complete understanding of where you stand financially, and begin to set goals for yourself. We have compiled a checklist to help you through this process. Personal Finances  List all assets, including accounts, real estate, savings, valuables, etc.  List all debts including mortgage, […]

Social Security Cost of Living Increase for 2018!

The Social Security Administration recently announced that the 2018 Cost of Living Adjustment (COLA) will result in a 2% increase in Social Security benefits next year. The monthly benefits increase, which will begin in January, is significant because it is the largest COLA in six years and will impact more than 69 million Americans. It […]

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ARE YOU SAVING ENOUGH FOR RETIREMENT?

While experts are divided on the existence of a retirement savings crisis in America, the average household headed by someone age 55-64 has saved around $100,000 for retirement. Is your household one of them? Call us to schedule an appointment to ensure you have the best saving strategy for your needs. https://www.wsj.com/articles/is-there-really-a-retirement-savings-crisis-1492999861

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When to Make Extra Mortgage Payments…

Many people routinely add $100 or $200 to their mortgage payment each month. It’s a good feeling to know they are closer to paying off their home or apartment. For some of them, however, it may not be the best move, financially speaking. Those whose mortgage interest is tax-deductible, could make another choice. Their interest […]

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The benefits of an annual insurance review…

Many homeowners purchase an insurance policy when they first move in, but they may not understand the importance of periodically reviewing it or reassessing their needs. It’s an oversight that can ultimately lead to a gap in their coverage. A home renovation or upgrade is another reason you may want an insurance review. Everything from […]

Official Opening of Asset Planning Insurance Group, LLC!

Announcing! The official opening of… Asset Planning Insurance Group, LLC   Asset Planning Insurance Group, LLC is a full service, multi-line independent insurance agency. The agency will offer all personal lines such as home, auto, life and health as well as commercial lines insurances. As an independent agency, we are in a position to obtain […]