MFS Monthly Tip: Calculating Your Financial Needs

Guest Blogger: Andrew Horowitz, CFP, Horowitz & Company, Inc.

Life insurance is an important component of a well-crafted financial plan. It is not necessarily something that will benefit you directly, rather it helps provide for your loved ones in the event of an untimely death.

The question that many ask is: “What is the appropriate amount of life insurance to have?”  Continue reading

Monthly MFS Tip: Life Insurance


Life Insurance Awareness Month (Logo): Copyright © 2016 Life Happens |

Guest Blogger: Andrew Horowitz, CFP, Horowitz & Company, Inc.

How much life insurance should you have? Do you even need any at all?

As you grow older, it’s important to revaluate your need for life insurance. When you are single you may not have a great need, but when you are married with children that all changes. Even after the kids are grown, there may be a need to protect the household income if you or your spouse suddenly passes. Continue reading

Putting a price on happiness

As the saying goes, “Money can’t buy you happiness.” However, recent studies show this may not be entirely accurate.

Economists, Betsey Stevenson and Justin Wolfers, recently examined surveys—including the Gallup World Poll—from more than 150 countries. Their research shed new light on the interaction between happiness and income. Their initial conclusion stated that the more money someone has, the happier they tend to be. Continue reading