Making extra money can be achieved through various methods, depending on your skills, resources, and time availability. Here are some ideas to consider:
Recent posts by NAIFA
6 min read
How to Protect Yourself From Financial Fraud
Protecting yourself from financial fraud is crucial in today's digital age. Here are some steps you can take to reduce the risk of becoming a victim of financial fraud:
Topics: Senior Financial Protection
2 min read
Make a Will Month
With the warmth of August enveloping us, it's time to reflect on life's uncertainties and take concrete steps to secure our future. Creating a will is one such step, and that's why August has been recognized as "Make-A-Will Month." A last will and testament is a vital legal document that spells out your desires for asset distribution and the care of your loved ones after your departure. In this post, we'll delve into the necessity of having a will and the peace of mind it can offer.
1 min read
Your Mid-Year Retirement Planning Checklist
It's not January 1st, but who says you can't make a resolution at any time of year? Now is a great time to review your saving, investment, insurance, and tax strategies for retirement. Not sure where to start? Use this guide to make sure you don't forget anything!
Topics: Retirement Planning Financial Planning Planning in Advance Retirement Retirement Plans Individual Retirement Accounts
2 min read
Studies Show Most Seniors Wish They Planned Differently for Retirement
A recent survey reveals that over half of retirees in the United States would have planned their retirement differently if given the chance.
The most significant regret among older Americans is not starting to save for retirement earlier. Retirees also want investments that provide a steady income stream and automatic paychecks from their retirement assets. Additionally, many retirees feel they should have prepared better for unexpected events like inflation and market volatility by investing in solutions that protect them from losses. Annuities are a great option to address these concerns.
Topics: Retirement Planning Retirement Research/Trends
1 min read
How Can Retirees Enjoy Summer Vacations Despite Inflation?
Inflation has caused the cost of travel to rise, making it more difficult for retirees on a fixed income to afford their summer plans. The overall cost of travel has increased by 18% since before the pandemic, and the demand for travel is high, especially for international trips by Americans.
Topics: Retirement
4 min read
Americans Say Working with a Financial Advisor Boosts Confidence
A new study from Northwestern Mutual highlights the state of financial planning in America and the role of financial advisors in boosting confidence and trust. According to the data, about two-thirds of Americans believe their financial planning is insufficient, with younger adults showing even higher concern. Economic uncertainty has prompted some people to seek or plan to work with financial advisors.
Topics: Financial Planning Planning in Advance Benefits of a Financial Advisor
1 min read
Celebrate National 529 College Savings Plan Day With NAIFA
NAIFA is proud to celebrate National 529 College Savings Plan Day today! It's a day that holds special significance for parents, students, and guardians. The importance of a 529 College Savings Plan when it comes to financial planning should not be overlooked!
Well what is a 529 College Savings Plan? A 529 plan is an education savings plan designed to help families set aside funds for future college costs. Named after Section 529 of the Internal Revenue Code, these plans are sponsored by states, state agencies, or educational institutions, and offer tax advantages to boost educational savings.
Topics: Financial Literacy Financial Security
1 min read
NAIFA Celebrates National Lucky Penny Day!
On May 23rd, we celebrate National Lucky Penny Day. The penny may be the smallest denomination of American currency, but it has a big story to tell. In today's society, finding a penny is often seen as a sign of good luck.
This is also a perfect day to look at the power of the penny when it comes to saving and investing!
Topics: Financial Planning Financial Literacy
1 min read
Is Your Family Covered? Exploring the Need for Disability Insurance
May is Disability Insurance Awareness Month which focuses on ensuring that Americans are protected if they cannot work due to illness or injury. Rick Cordaro, DIA, DIF, LUTCF is the Disability Income Regional Vice President at Principal and was recently featured in an Insurance News Net article about protecting gig economy workers with disability insurance. We're #NAIFAproud of Rick's dedication to serving Main Street Americans. You can read his InsuranceNewsNet article here.
