Ayo Mseka

1 week ago | insurancenewsnet.com | Ayo Mseka

By Ayo Mseka Most Americans believe that to gain long-term financial security, seeking professional financial advice early between the ages of 25 and 39 is "highly important" or "critical." This is one of the findings from Northwestern Mutual's 2025 Planning & Progress Study, which explores Americans' attitudes, behaviors, and perspectives on issues that impact their long-term financial security. So, why is it important to seek advice early in life? According to James Munder, wealth...

2 weeks ago | insurancenewsnet.com | Ayo Mseka

By Ayo Mseka We often read about the consumer's need for long-term care,  but insights into what consumers think about the need for such protection is seldom addressed.

2 weeks ago | insurancenewsnet.com | Ayo Mseka

By Ayo Mseka Six in ten younger Americans—61 % of Gen Z'ers and 60% of millennials—are placing too much emphasis on building wealth and growing their assets without dedicating enough to protecting those assets and managing risk with life or disability insurance, according to Northwestern Mutual’s 2025 Planning & Progress Study. In explaining the focus of younger consumers on wealth building, Jason Thrap, wealth management advisor at Northwestern Mutual, said that it is wonderful to see the...

1 month ago | insurancenewsnet.com | Ayo Mseka

By Ayo Mseka It is May, and time for Disability Insurance Awareness Month (DIAM), the marketing campaign used by many agents and advisors to raise awareness about the importance of income protection for their clients and prospects and encourage them to consider disability insurance as part of their financial planning. Many industry studies have highlighted the dire need for income protection among American consumers. For example, the 2024 Insurance Barometer Study, conducted by LIMRA and Life...

1 month ago | insurancenewsnet.com | Ayo Mseka

By Ayo Mseka With key Tax Cuts and Jobs Act (TCJA) provisions set to expire at the end of this year, many CFP professionals are warning of significant risks to their clients’ financial goals. This is according to CFP Board’s latest research, the 2025 CFP Professionals Taxes Survey. This year will bring significant tax changes as key provisions of the TCJA, signed into law by President Trump in his first term, expire on Dec. 31, said Erin Koeppel, managing director of government relations and...