Businesses don't stumble upon success - it's planned. Did you know that 29% of businesses fail because they run out of cash? It's a sobering reality that highlights the importance of financial planning.
Research shows that only one in four Americans have a written financial plan. However, the findings also revealed that those who do, demonstrate active wealth-building behavior.
The message here is clear. Financial Planning can be instrumental in helping build and protect wealth.
As another year comes to an end, it’s good to take stock of changes in your life or lifestyle that will affect your insurance protection in the New Year to come. The end of the year is a good time to conduct an insurance review to see if your policies still reflect the coverage you need or want. If changes are in order, it’s best to make them now so you can face the New Year with confidence knowing you’re fully protected against any eventuality.
As the holidays approach, we take the time to celebrate life and family. We purchase gifts for loved ones with great care, hoping to find the perfect gift that will put a sparkle in their eyes and show them how much you love them. During all the hustle and bustle of the holiday season, don’t forget to spare a thought for one gift that will provide for them if there is ever a time when you are no longer available to do so – life insurance.
Hummel Group was once again ranked as the #1 office for the 8th year in a row. Due to this ranking, Financial Advisors Andrew Miller, Scott Nussbaum, Hank Reifsnyder, Trevor Hostetler, Andy Badertscher, Karl Schlabach and OSJ, Josh Hartzler were all invited to attend the ONESCO Institute.
Hank Reifsnyder of Hummel Group's Orrville office took some time to talk about what it means to be a Smartvestor Professional and why he chose to become one. Check out the videos below to learn more or check out our SmartVestor page here.
Hurricane Harvey was the strongest storm to make landfall in the United States since Hurricane Charley in 2004 and we will soon have Irma, an even stronger storm crashing into our shores this weekend. News of the damage Harvey has caused to southeastern Texas is prompting people to help in whatever ways they can and we are certain that the same will occur with Irma.
You do not need to be wealthy to be sued for millions. Juries determine damages based on the severity of an accident, not your ability to pay those damages. Do you own or drive a vehicle? Do you own or rent a home? Do you want to protect the assets and investments that you worked hard to accumulate? If you said yes to any of those, you need an umbrella. The truth is EVERYONE needs an umbrella.
It's no secret that today's college graduates face record amounts of debt. Approximately 68% of the graduating class of 2015 had student loan debt, with an average debt of $30,100 per borrower -- a 4% increase from 2014 graduates.1
