Hennah Garcia, Author at Genivity - Page 2 of 4
Planning for When You’re Gone: Leaving a Legacy

Planning for When You’re Gone: Leaving a Legacy

A legacy is “something transmitted by or received from an ancestor or predecessor or from the past.” While it usually represents a monetary value, a legacy is much more than that. Material possessions are just one of the things you can pass down. A legacy represents...
Preparing for Wealth Transfers to Next-Generation Members

Preparing for Wealth Transfers to Next-Generation Members

In the next three to four decades, approximately $30 trillion is expected to transfer from the Baby Boomer generation to their heirs in the United States. However, only 70 percent of wealth transfers are expected to be successful. A successful wealth transfer is when...
How Life Expectancy Impacts Your Financial Plan

How Life Expectancy Impacts Your Financial Plan

Most individuals look forward to retirement. No more worries regarding your job or education – just relaxation. However, life expectancy can change this time of relaxation. With higher life expectancies, you can also expect a longer retirement, which is not...
Future Financial Planning: Continuing Care Costs

Future Financial Planning: Continuing Care Costs

Did you know that Americans are five times more concerned with burdening their family with retirement than they are with death? According to a Genworth study, this is a true worry for individuals. Considering the cost of care can range from $1 million to $300,000 in a...
Financial Literacy: The Impact on Client Comprehension

Financial Literacy: The Impact on Client Comprehension

When it comes to investing or saving, clients need to understand the language involved. If they fail to understand the language, it can be difficult to discuss with your clients which plan is beneficial for them. Their future financial stability depends heavily on...

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