949-858-7200 | info@cotoinsurance.com
A Medicare supplement insurance plan, also known as a Medigap or Med Supp plan, is purchased in combination with original Medicare to help pay out-of-pocket costs not covered by original Medicare. As of Dec. 31, 2018, nearly 13.6 million people were covered by Med Supp plans, representing nearly a 4%…
Recessions have consequences, and the Great Recession of 2008 may have produced one of the most influential consequences of all: the millennial mindset. Because of their early experiences in the “real world,” this generation is poised to have long-term significance — comparable to baby boomers — in work, play and…
The Federal Reserve recently reported that four out of 10 American adults surveyed said they would struggle to pay for an unexpected expense of $400 or more.1 This revelation goes against the common financial advice urging adults to have three to six months of expenses saved in an accessible account…
Maybe you heard it on the evening news, or you read a scary headline on Facebook. Perhaps you’ve been subjected to water cooler gossip at work, or your cousin brought up the subject at a recent family gathering. Whatever the source of the information, you might have heard that Social…
As you continue to plan for your retirement, and enjoy the countdown to your final day at work, we will be engaging in regular conversations about your future. But aside from frequent discussions with your financial advisor, there are a few other important conversations you need to have. These individuals…
Whether you’ve been together for decades, or you’re a brand-new couple, certain issues tend to plague nearly all romantic pairings. In particular, money has been cited as the leading cause in 22 percent of all divorces, and financial issues are one of the top three factors behind breakups*. No one…
You might imagine that the retirement planning process is about the same for everyone. But in reality, that’s not quite true. We all have unique circumstances (or hopes, or wishes), and our plans must accommodate those aspects of our visions for the future. Another major consideration is your gender. Retirement…
Whether you’re leaving your job, or on the verge of retirement, you might be wondering whether a 401(k) rollover is your next step. Due to fees, options, taxes, and other considerations, this choice can impact your overall retirement savings by thousands of dollars. So naturally, you want to research carefully…
Many people know that they need a life insurance policy, but either don’t want to fill out a long medical questionnaire, or don’t have the time. Perhaps they have some other reason for desiring a quick and simple approval and coverage. In those cases, a guaranteed life insurance policy often…
With regard to household incomes and the economy in general, we often hear the opinion that “it takes two incomes these days”. And in many situations, that is indeed true. Ironically, some statistics suggest that while dual-earner households might be making more money overall, they are often less prepared for…