FINANCIAL HOUSEKEEPING
Make one stop for info on funeral planning
No one likes the subject of funerals, but life’s one certainty has tremendous financial and emotional consequences. Moreover, the emotions surrounding a funeral can often cloud judgment and thinking.
With that in mind, consumers who are planning a future funeral, who are considering prepaying for services or who are grieving for a loved one may find comfort and guidance at www.funeralarticles.com.
The site is a portal to all kinds of information on funerals – everything from prepurchasing caskets to buying flowers online to writing a proper eulogy.
While it may not be a site to rush off to, it is a good one to know about for a time of need, because eventually everyone will have that need.
SHORT COURSE
Annuities
Annuities come in many varieties. But no matter the flavor, they are designed to turn savings into a dependable income stream for retirement or to support a family after the purchaser’s death.
Sometimes described as an investment wrapped in an insurance policy, an annuity is a contract between the buyer and a life insurance company, requiring the consumer to save and invest money in exchange for regular installments for life.
Annuities can be fixed – making regular payments for life – or variable, where payouts are tied to the performance of assets such as stocks, mutual funds or real estate.
Annuities can be pricey and can have costly surrender charges, so they should not be purchased until the consumer has a thorough understanding of how they work.
