Life Events

Buying A Home

You’re staring at a mountain of boxes and a beagle that thinks priority No. 1 is finding the box his chew toy is buried in. Moving into a new home takes time, effort and patience. But not half as much as it takes to put the keys in your hand. 

SAVING FOR THE DOWN PAYMENT 

  • Take time to evaluate your current expenses. Cut where you can.

  • Make saving a priority.


DIPPING INTO YOUR RETIREMENT PLAN

Some employer-sponsored retirement plans let you take out a loan to purchase a primary residence. There are usually positives and negatives to doing this. Talk about it with your retirement plan sponsor.
  


GOT YOUR FAMILY COVERED?

You want to make sure that your family will be able to afford the home if something should happen to you. You may need life insurance.
 
Permanent Life Insurance. The death benefit from a permanent life insurance policy can help pay your mortgage if you die.

Term Insurance. A term insurance policy can help pay your mortgage if you die during the coverage period.


TALK TO AN EXPERT

An advisor can help you. Learn about the value of an advisor.