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Webster Investments Insights

Is long-term care insurance a good idea?

There is a good possibility that you or your spouse will eventually require some form of long-term care (LTC). According to the Centers for Medicare & Medicaid Services, at least 70% of people aged 65 or older will require some form of long-term…

Webster Investments Insights

National Life Insurance Awareness month

Should you really consider getting life insurance when you are close to 60?

September is National Life Insurance Awareness month. And while most of us likely recognize that life insurance provides us peace of mind and security, there may be a…

Webster Investments Insights

Are you maximizing 401k contributions?

The more money that you can save when you are working, the easier it should be for you to retire and enjoy your golden years. Unfortunately, Social Security may no longer provide a sufficient income to live on during retirement. To combat this…

Webster Investments Insights

How to protect your wealth as you get older

As you get older and closer to retirement, your financial practices need to shift slightly as you transition from working and saving to relying on your nest egg. As you approach this stage of your life, you need to take steps to protect your wealth…

Webster Investments Insights

Retirement planning throughout life: strategies to keep in mind

Retirement planning is a complex process requiring as much support and time as possible to reach the desired end. Retirement planning at all ages is important – the more time put into the process, the less investment is necessary to work towards your…

Personal Banking Insights

Say "I do" to wedding savings ideas

Weddings can be a joyous occasion and a money pit  . . . and you don't need to be planning a wedding to know that! Simply watch an episode of "Say Yes to the Dress" and you can see how expensive a wedding can be.  Many wedding vendors and…

Webster Investments Insights

Pre-retirement planning for banking professionals

As retirement becomes more than just a vague future concept, you may begin to feel pressure to develop a more concrete plan for your income, your spending, your asset allocation, and your withdrawal rate. And when you're in the banking industry,…