Determining the Need for Long-Term Care Insurance (LTCI)

Factors to consider when purchasing a long-term care insurance (LTCI) policy include your financial ability, age, health status, retirement objectives and if you have assets to protect. You’ll need to decide how much coverage is enough. Insurance protects against an event that may or may not occur in the future. Buying sufficient protection is important but so is its affordability. When considering the purchase of LTCI, you’ll need to pay particular attention to the benefit amount and to the benefit period.

Don't Get Hooked! A Guide to Recognizing And Avoiding Phishing

At BRB Wealth, we understand how vital safeguarding your personal and financial information is. Unfortunately, cybersecurity risks, such as phishing attacks, have become prevalent in our increasingly digital world and can compromise your financial health and personal identity.

Phishing is a deceptive practice employed by hackers to trick you into divulging sensitive personal or account data, often via email or texting. As cybercriminals refine their tactics, distinguishing between phishing and legitimate communication becomes more challenging. However, the good news is that there are strategies you can adopt to help defend yourself from these attacks by recognizing the most common tactics.

This blog provides a comprehensive overview to help you spot fraudulent emails or text messages.

Money Tips for Parents Sending Children Off to College

You’ve done a great job teaching your children vital life lessons and instilling values that will last a lifetime. As summer ends and a new school year begins, one thing that shouldn’t be overlooked, especially for college-bound children, is the money talk. Having open and honest discussions about finances can help shape your child’s long-term relationship with money, which might set them up for financial success in later life.