Planning for retirement is an important and sometimes difficult endeavor. As a member of the military, you may have some special opportunities and challenges when preparing financially for retirement. Often, retiring from the military leads to a second civilian career–and a second retirement.
Continue reading “Members of the Military: Planning for Retirement”
Military families face plenty of financial challenges. If you’re saving for college or retirement, buying a home, or wondering how to help secure your family’s financial future, don’t overlook these five important benefits.
Continue reading “Five Key Benefits for Military Families, including VA Mortgages”
I’m transitioning out of the military – How do I search for a job?
The transition from the military to a civilian job can be difficult. Fortunately, you can follow a few key steps to make the process as smooth as possible and help find a job that’s financially and professionally rewarding.
Continue reading “July’s Focus on our Military”
Financial planning is the process that can help you pursue your goals by evaluating your whole financial picture, then outlining strategies that are tailored to your individual needs and available resources. Just as the success of a military mission is dependent upon proper planning, your financial success may be dependent upon creating a sound financial plan as well.
Continue reading “Members of the Military: Personal Financial Planning”
Click on the above link for details on the Federal Student Loan Interest Rates Decrease for 2019-2020
Also of interest may be this little gem of just how student loans impact your credit.
How Student Loans Impact Your Credit
Continue reading “Federal Student Loan Interest Rates Decrease for 2019-2020”
Vacation homes require a special type of insurance–one that protects your vacation home but doesn’t overlap with your already existing homeowners insurance coverage. Here are some things to consider when insuring your vacation home.
What is covered under your primary residence’s homeowners insurance?
Continue reading “Insuring Your Vacation Home”
This past week, IPI advisors, business partners and home office staff gathered together in St. Louis for 2019 Annual Summer Conference. With a room full of exhibitors and sponsors, a content rich agenda, and a block of focus-group sessions, there were informative messages and take-aways to keep the group engaged and schedules packed for three days. Additional topics ranged all of the way from practical technology workshops to home office updates, and the advisors had the opportunity to learn from industry experts as well as each other! Continue reading “IPI Summer Conference STL 2019”
Your credit report contains information about your past and present credit transactions. It’s used primarily by potential lenders to evaluate your creditworthiness. So if you’re about to apply for credit, especially for something significant like a mortgage, you’ll want to get and review a copy of your credit report. Continue reading “Your Credit Report”
When you refinance your mortgage, you take out a new home loan and use some or all of the proceeds to pay off the existing one.
Why refinance your mortgage?
There are a variety of reasons why you may want to consider refinancing your mortgage, such as:
- Lowering your monthly mortgage payment by reﬁnancing to a lower interest rate
- Shortening the length of your loan (e.g., from a 30-year mortgage to a 15-year mortgage) to potentially reduce interest charges over time
- Accessing extra cash through a cash-out reﬁnancing to pay for home improvements, pay for college, or consolidate debt
- Reﬁnancing your adjustable rate mortgage (ARM) to a ﬁxed rate mortgage or to a new ARM with better terms
Continue reading “Refinancing Your Mortgage”
Life insurance can be an excellent tool for charitable giving. Not only does life insurance allow you to make a substantial gift to charity at relatively little cost to you, but you may also benefit from tax rules that apply to gifts of life insurance.
Why use life insurance for charitable giving?
Continue reading “Life Insurance and Charitable Giving”