Sentences with phrase «needed financial cushion»

After a lifetime that is spent on supporting their families and being a part of cut - throat competition and facing a plethora of challenges thrown by life, the variety of SCSS plans offer the elderly a much - needed financial cushion for their golden years.

Term life insurance plans, whether they are popular or not, are a very important part of our financial planning process because they provide aid during those rainy days where the family needs a financial cushion to soften the blow of the death of the bread - winner.

You never know when something might happen like a flood or a fire and you will need this financial cushion if such an event occurs.

Not exact matches

When you don't have a financial cushion in place and you need quick cash, a payday advance might seem like a good solution.

This also assures that you have a cushion available to take care of your everyday needs in case of a financial emergency.

«The bottom line is that you want to make sure you are comfortable with the deductible amount you've selected,» says Stacy Molinari, personal lines and claims manager of Insurance Marketing Agencies, Inc. «And that means you need to make sure you have enough of a financial cushion to cover the deductible.

You'll have an amazing sense of peace and security when you know there's a financial cushion to fall back on when you need it.

If the unthinkable were to happen — and a natural disaster also resulted in loss of life — a term life policy could help cushion at least the financial loss that your loved ones may have when you aren't around, even if your savings and emergency fund were not sufficient to cover their needs.

Money — Save up for the financial cushion you need to trade without worries.

Not having a credit card balance will allow you to have the financial cushion needed to deal with an emergency that is unexpected.

If you have occasional immediate needs for a little extra purchasing power or want the security of having a financial cushion, an Alaska USA Credit Line loan may be just right for you.

To figure out how much life insurance you need, add up your expenses, such as debt and loan payments, the cost of caring for your dependents, and how much of a financial cushion you want to leave your beneficiaries.

Whichever way you decide to go, you want to settle on a mix of stocks and bonds that can give you the long - term growth you need to build a decent retirement nest egg and provide true financial security, yet provide enough cushion from short - term market downturns so that you don't panic and sell when stock prices head south.

There are five major financial obligations to think about when calculating the amount of life insurance you can need, like college costs, childcare and dependent care, debt, end - of - life expenses and developing a financial cushion.

Larger policies can provide a temporary financial cushion to help your family with the sudden loss of income where need, also.

This rider provides a financial cushion for the family if and when the need for Long Term Care arrives.

There are five financial obligations, plus your current savings, that can help you decide how much coverage you need and for how long: college costs, childcare and other dependents, debt, end of life expenses, and a financial cushion for your family.

You'll need 25 to 30 percent equity in your home so that you can borrow from it and have enough money left for a financial cushion.