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Financial Planning

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 →

Saving for Retirement and Your Child’s Education

You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. But take heart – you may be able to reach both goals if you make … Continue reading →

Managing Expenses During the College Years

For most parents, paying for a child’s college or graduate school education is a major event. For some, it rivals only the purchase of a home in number of dollars spent. As the cost of college continues to rise, it’s little wonder that parents view their ability to pay college costs with some apprehension. Yet, in all but the most … Continue reading →

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 →

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 →

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 →

What Should You Know About Long-term Care?

At Allegacy Federal Credit Union, doing right is at the core of all we do. We want to make sure you understand your options so you can find the best one for your unique situation. Long-term care encompasses many aspects of a person’s life. Let us help you determine the path that’s right for you. What is long-term care? In … Continue reading →

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 →

The Sandwich Generation: Juggling Family Responsibilities

At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs of your aging parents. Squeezed in the middle, you’ve joined the ranks of the “sandwich generation.” … Continue reading →

Understanding the Need for Estate Planning

In a perfect world, everything you own would go to your desired beneficiaries – exactly as you intended, according to your will. Unfortunately, if you die unexpectedly, your assets may well not go where you want them – unless you make arrangements in advance. Probate The first concept to understand is probate. This is a formal legal process in which … Continue reading →