Sentences with phrase «financial advisors recommend»
Most financial advisors recommend that you spend no more than 28 % of your monthly income on housing costs.
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Many financial advisors recommend index funds because they give your money broad exposure to the market.
Many financial advisors recommend that you have as much liability insurance as you can afford.
For this reason, many financial advisors recommend that you protect your assets by purchasing as much liability coverage as you can comfortably afford.
Some financial advisors recommend a term policy and that you invest the difference on your own.
As the sum assured received through a term plan is fixed, financial advisors recommend insurance buyers to invest in alternate instruments such as savings plans, child plans, and other related investment instruments to keep the flow of income constant.
Meanwhile, if you are looking for options to generate income after retirement, here are a few you should consider: Senior Citizen Savings Scheme (SCSS): Most financial advisors recommend it to retirees due to its attractive interest rate of...
Many Arkansas financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford or invest in an umbrella insurance policy.
Because an accident in a tractor - trailer has the potential to create a large amount of damage, many financial advisors recommend purchasing as much as $ 5 million in liability coverage.
Many financial advisors recommend that workers with spouses and families to support purchase a life insurance policy with a death benefit equal to between 20 and 30 times their annual salary.
Most financial advisors recommend that you should have coverage for at least 10 - 15x of your annual income.
An accident that results in serious injuries or death can easily exceed these coverage limits, so many California financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford, or an umbrella insurance policy.
Rule of Thumb Many financial advisors recommend having a minimum of at least seven (7x) to ten times (10x) your annual salary in total life insurance.
Most financial advisors recommend you have at least 10 - 15x.
That is why many insurance professionals and financial advisors recommend purchasing coverage with higher liability limits.
As I stated in my previous article, How Much Life Insurance Should You Really Have, most financial advisors recommend you carry at least 7 to 20 times your annual income in life insurance to adequately protect your family.
Most financial advisors recommend adding or editing your home inventory, along with reviewing your homeowners insurance policy and comparing quotes every three to five years.
Many financial advisors recommend life insurance policies as a way of minimizing estate taxes.
As a general rule of thumb many financial advisors recommend 7 to 10 times your annual income in life insurance coverage.
Most financial advisors recommend getting insurance policies with renewable terms whenever possible.
Many financial advisors recommend having a minimum of at least seven (7x) to ten times (10x) your annual salary in total life insurance.
Financial advisors recommend customers to create special budgets intended to cover costs during the holidays.
If your personal saving rate is lower than what financial advisors recommend, that's a sign you may not be doing as much as you should to prepare for retirement or unexpected expenses.
Financial advisors recommend that you have enough cash in an emergency fund to cover 3 to 6 months» worth of living expenses.3 For some families that are already on a tight budget this may seem impossible.
When you invest, financial advisors recommend diversifying your stocks, mutual funds, and ETFs.
But be aware that some financial advisors recommend this approach in order to secure a regular commitment from those clients who simply don't have a lump sum to invest at the outset.
This occurs either when forced and taxable annual withdrawals are imposed by RRIF (Registered Retirement Income Fund) rules starting in the year you turn 71, or if you start to «melt down» your RRSP savings in your 60s or even 50s, as some financial advisors recommend.
Many financial advisors recommend saving at least 10 % of your annual gross income for retirement.
In this case financial advisors recommend paying off other debts and repay the educational loan after them.
Many financial advisors recommend saving a minimum of 10 % of your annual gross income a year specifically for retirement.
Most financial advisors recommend limiting yourself to the average amount of three or four cards.
Most financial advisors recommend saving at least 15 percent of your income and no age group is hitting that average.
Financial advisors recommend that when it comes to retirement savings, the younger you are, the more money you should put in stocks.
An accident that results in serious injuries or death can easily exceed these coverage limits, so many California financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford, or an umbrella insurance policy.
A minimum allocation of 20 % and a maximum of 40 % of the stock portion of your portfolio is a common recommendation (this is Vanguard's recommendation), but some highly respected financial advisors recommend as much as 50 % (e.g., Larry Swedroe and Paul Merriman).
For this reason, many financial advisors recommend that you either purchase as much liability coverage as you can comfortably afford, or that you protect your assets with an umbrella insurance policy.
With this reasoning, it is also why many financial advisors recommend term life insurance versus permanent for the average family.
Most personal financial advisors recommend that investors maintain a diversified investment portfolio consisting of bonds, stocks and cash in varying percentages, depending upon individual circumstances and objectives.
Many financial advisors recommend investing 10 % to 15 % of your annual income to retirement, but obviously with the time value of money, the earlier you invest, the better.
Most financial advisors recommend saving at least 10 - 15 % of your income towards retirement.
Because of the particularly high interest rates that many credit cards carry, financial advisors recommend focusing on paying down this debt before other types of loans.
Rather than treating a budget like a diet — something restrictive you follow for a set period of time — Klontz and other financial advisors recommend looking at how to integrate good habits into your lifestyle.
When you invest, financial advisors recommend diversifying your stocks, mutual funds, and ETFs.
Many financial advisors recommend saving a minimum of 10 % of your annual gross income toward retirement.
Most financial advisors recommend that you spend no more than 28 % of your monthly income on housing costs.
Financial advisors recommend paying attention to the presidential front - runners» proposals affecting your wallet — for better or worse.
Most financial advisors recommend building enough reserves to last you six months should a crisis arise.
Many financial advisors recommend that investors try to maintain a portfolio that offers good exposure to all of these industries and sectors.
Most financial advisors recommend you keep three to six months of expenses in an emergency fund.
Many other financial advisors recommend similar approaches to emergency funds, such as investing in bond funds or using a Roth IRA, which allows you to withdraw contributions without tax penalties.