Wealth advisor: Don’t overlook this one thing as you make your 2022 financial plan

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Wealth advisor: Don’t overlook this one thing as you make your 2022 financial plan

Advisor discusses importance of disability insurance

CAROL: THANK YOU, NIGEL. WE WL ILTALK TO YOU IN THE NEXT TWO HOURS. IT IS A NEW YEAR, SO TIME TO REACH SOME SOLID FINANCIAL GOALS. FINANCIAL EXPERT TERRELL BOONE TELLS US THERE IS ONE BIG THING THAT PEOPLE IN THEIR0′ ’S AND 40’S TEND TO OVERLOOK IN ALLOCATING THEIR DOLLARS AND THAT IS INSURANCE. HE SAYS EVERY FINANCIAL ANPL IS BASED ON YOUR ABILITY TO EN INCOME, AND HAVING DISABILITY INSURANCE WILL COVER POTENTIAL EARNING GAPS. TERRELL BOONE: AND SO IF SOMETHING HAPPENS TO YOUNDOU A ARE NO LONGER TO EARN THAT INCOME, ALL OF THOSE PLANS TO SAVE FOR RETIREMENT DO TWN ROAD, ALL OF THOSE MONTHS WE WERE OUT FOR DISABILITY OR THE BIRTH OF A CHILD OR SOMETHING ELSE IS DISABILITY INSURANCE REALLY CESOM IN AND KIND OF FILLS THAT GAP. SO IT IS USUALLY VERY INEXPENSIVE THROUGH YOUR EMPLOYER, OR YOU CAN GET EXTERNAL INSURANCE AS WELL. CAROL: BOONE ALSO ADVISES THOSE IN THEIR 30’S AND 40’S TO PUT THEIR RETIREMENT SAVINGS A

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Wealth advisor: Don’t overlook this one thing as you make your 2022 financial plan

Advisor discusses importance of disability insurance

Terrell Boone, a wealth advisor with Highlands Wealth Group in Greenville, recommends that people in their 30’s and 40’s in particular allocate money for disability insurance as they make a financial plan for 2022.

Terrell Boone, a wealth advisor with Highlands Wealth Group in Greenville, recommends that people in their 30’s and 40’s in particular allocate money for disability insurance as they make a financial plan for 2022.

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