If you have
already accumulated assets, you can subtract the amount of those assets from your total death benefit need, assuming they are somewhat liquid and wouldn't require a large amount of effort or loss in order to gain access to cash.
If you have
already accumulated assets, you can subtract the amount of those assets from your total death benefit need, assuming they are somewhat liquid and wouldn't require a large amount of effort or loss in order to gain access to cash.
Not exact matches
As Nobel economist (and one of my dissertation advisors at Stanford) Joe Stiglitz noted on Friday, a good part of the reason for rising oil prices is because the producers are
already awash in U.S.
assets, and to supply significantly more oil will just force them to
accumulate more low - return
assets.
If you have not done so
already, now is the time to add the ultimate hard
asset to your portfolio, while pessimism is still high, and protect the wealth you've worked so hard to
accumulate.
Banks» willingness to
accumulate reserves depends, as I've
already noted, on the cost of holding reserves, which itself depends on the interest yield of reserves compared to that of other
assets banks might hold instead.
The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have
already accumulated sufficient FX reserves and no longer need to
accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.
As individuals approach retirement age, portfolios should generally move to a more conservative
asset allocation so as to help protect
assets that have
already been
accumulated.
(A prominent exception is Toronto - based NestWealth.com, which doesn't levy
asset - based fees but instead charges a monthly subscription fee: making it a good deal for wealthy boomers with significant financial
assets already accumulated.)
Whether you're young and expect to
accumulate future
assets or you
already own a great deal, renters insurance protects what you work hard for.
While this is a good starting point, younger families should consider a larger number since they have more working years remaining (and therefore a larger human capital to replace), and older folks may need less as they near retirement or have
assets they
accumulated already.