Financial Planning

The Importance of Saving Money

Saving money (or paying yourself first) is one of the best things you can do for your financial wellbeing. At Allegacy Federal Credit Union, we believe in doing right for your wellbeing and that includes offering solutions to help you make the smartest financial choices for you. Why is saving so important? The answer to this question varies depending on … Continue reading →
Couple looking at fire in fireplace

Meet the Palladium Staff: Dillon Leech

Giving Your Best For Dillon, Registered Financial Representative, CUSO Financial Services, L. P.*, knowing that Allegacy was interested in more than just his resume, meant the most. “Steve and Merrill genuinely care about me and my aspirations. They know that when I’m at my best, I can give my best to our clients.” Dillon loves music which includes knowing how … Continue reading →
Palladium Team shot

What Effect Does Divorce Have on Life Insurance

Like most of your financial planning objectives, your life insurance needs are related to the circumstances of your life. As your life goes through changes, your life insurance often needs to change with it. No life change may be of more consequence than a divorce. In addition to the financial and emotional difficulties that often accompany divorce, there are special … Continue reading →
fort with iPad

Estimating Your Retirement Income Needs

Planning for your retirement is important, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors. Use your current income as … Continue reading →
taking notes

Protecting Loved Ones with Insurance

How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a great need for life insurance. However, as you take on more responsibilities and your … Continue reading →
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Understanding Long-term Care Insurance

It’s a fact: People today are living longer. Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you’re ever going to be able to afford long-term care. One solution that is gaining in popularity is … Continue reading →