Early Millennials (1977 - 1984)
You have been working hard to establish yourself in the workforce and taking on more responsibility . . . and it’s paying off! For the Early Millennials, Hibbits Insurance can help you start growing your future.
Auto Insurance: Are you married with two or more vehicles? Putting all vehicles on one policy typically saves money. Taking the time to review the available carriers, policy changes on renewal is very important. Let Hibbits do the work for you.
Life Insurance: If you make a good income, consider permanent life insurance, such as whole life or index universal life as part of your financial plan. Permanent life insurance builds cash value while providing a lump sum payment in the event of your death (but it costs more than term life).
Retirement Savings: Alongside the other assets you protect, it is time to budget a percentage of income for retirement savings, whether monthly or annually. Consistent contributions to a suitable investment allocation in a tax preferred IRA or Roth IRA is a great way to start.