Happy 2021! It has already been an interesting two weeks. I guess the excitement is not over yet. Something less exciting than the personal stories we usually cover is an important policy that Woodbury Financial Services will be putting into effect starting this June. This only applies if you have [...]
Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you're young, you may not have a great need for life insurance. However, as you take on more responsibilitie [...]
If you care about what happens to your money, home, and other property after you die, you need to do some estate planning. There are many tools you can use to achieve your estate planning goals, but a will is probably the most vital. Even if you're young or your estate is modest, you should always h [...]
Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That's where financial planning comes in. Financial planning is a process that can help you target y [...]
Tax-deferred annuities can be a valuable tool, particularly for retirement savings. However, they are not appropriate for everyone. Five questions to consider Think about each of the following questions. If you can answer yes to all of them, an annuity may be a good choice for you. Are you making th [...]
Children are a special blessing and their arrival brings boundless love and joy into our lives that you can't put a price on. But adding a child to the household impacts the family budget--and women especially--in very measurable ways. Whether this is your first child or your fourth, here are some f [...]
An important part of managing your personal finances is keeping your financial records organized. Whether it's a utility bill to show proof of residency or a Social Security card for wage reporting purposes, there may be times when you need to locate a financial record or document--and you'll need t [...]
You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child's education at the same time can be a challenge. But take heart — you may be able to reach both goals if you make [...]
Happy Easter to all of you. By now, most of us are in our third week of constantly staying home and adjusting to this temporary lifestyle. I am lucky to have experienced relative confinement before while in the navy; whether in a Baghdad embassy compound for months-on-end, or a small ship with no s [...]
Dear Valued Client, In this rapidly changing situation, I want to assure you Woodmen Financial Resources is maintaining regular business operations to ensure we continue to serve you. First, I wish you, your family, and your community well during this unprecedented time. The health and safety of our [...]
