Getting
Married
Mawwage! Mawwage is what bwings us togeva today.
Mawwage! Mawwage is what bwings us togeva today.
Congratulations! You and your partner are about to enter this new phase of your lives, and it is such an exciting new chapter. In between practicing your new signature and bonding with the in-laws, there are a few things to consider before you officially tie the knot.
I know, it can be a lot to handle. Balancing saving for things like buying a home, paying down your debt, or preparing for the cost of childcare—but two areas to start with are ensuring that you have the right protection to support your new family, and saving for the future.
Income Protection
As a married couple, you may have dual incomes and dual debt. It’s wise to protect your spouse in the event that something happens to you. A term life policy can help with short-term needs. While whole life- the Rolls of life insurance, has multiple uses; in addition to permanent insurance protection, it can help you prepare for the future by accruing cash value over time that you can either borrow against or simply use for any reason.
Saving for the Future
You may already have retirement funds, but it’s important to have savings that are not retirement specific as well; in layman’s terms, investments. Mutual funds, ETFs, and other investment vehicles have a potential to generate returns from the market and grow your assets over time, while not penalizing you if you use them prior to retirement. Due to market fluctuations, each vehicle has its own risk and rewards. Many of our investment options can be accessible in the short term- while still giving you exposure to the markets, and allowing your money to grow for your future needs.