Absolutely! When you contact a local independent agent for the first time, you can list your needs and goals. For example, you can apply for life insurance while setting up your long-term retirement strategy. Or you can talk about saving for your child’s college fund while learning about business strategies as a small business owner.

Determining the right amount of life insurance coverage depends on an individual's circumstances and financial goals. Consider your health, age, debt, and how much income your loved ones would need to maintain their current lifestyle if you were no longer around. Also, keep track of your current savings and other investments, as these will help you decide on a policy.

In today’s uncertain financial landscape, preparing for the future is more critical than ever. With rising national debt, concerns over Social Security and Medicare sustainability, and the likelihood of increasing taxes, individuals are looking for secure, tax-advantaged ways to grow and protect their wealth. Unlike the market volatility and hefty tax pitfalls of a 401(k)/403(b); Indexed Universal Life (IUL) insurance has emerged as a powerful financial tool, offering a combination of life insurance protection, tax-free income potential and market-linked growth without direct exposure to unfortunate market losses.

Saving money with a limited budget is an achievable goal. Start by setting clear financial goals and creating a budget. Assess your income and expenses to identify how much money you can afford to save regularly. Although saving with a limited budget means you may not see substantial gains immediately. Stay patient and focus on long-term growth. Finally, you can learn about all the different options and strategies by contacting a GS Solutions agent today.

Unfortunately, tax planning does not fall under our list of financial services. We can, however, help with estate preservation. Your GS Solutions agent can work alongside your tax and legal professionals in an effort to minimize taxes, expenses, and legal issues while maximizing the value of the estate left behind for beneficiaries.

The amount you need to save for retirement depends on when you plan to retire and your preferred living standard. Do you plan to travel extensively or downsize your home? You may want to create a list of your expected retirement expenses. Include essential costs such as housing, healthcare, food, and utilities, as well as estimated expenses for your enjoyment like entertainment and travel. A licensed GS Solutions agent can help you create a comprehensive retirement strategy and adjust it as needed over time.

Term Life Insurance offers individual life insurance protection for a specified number of years (i.e., term). This type of insurance is usually less expensive than permanent insurance with the same face value. However, term insurance does not accumulate cash value. Permanent Life Insurance, including whole life coverage, remains in effect until the policyholder’s death as long as the premium payments are made, unless the policy lapses or is surrendered. Most permanent life insurance policies also have some type of savings component that can build cash value over the life of the policy.

If possible, try to leave this money alone to work for you. Withdrawing from retirement accounts before a certain age may trigger tax withdrawal penalties. Consider alternative sources of funds before tapping into retirement accounts. Even if you’re changing jobs, rolling over into a new employer's plan or leaving the funds where they are is often recommended.