Emmanuel Afrifa Kankam, Licensed Agent with New York Life Insurance Company

10/02/2023

If you aren’t sure what goals might come after retirement, a great place to start is figuring out the missing pieces of your vision. What do you see when you reach retirement and look around? Ask yourself these questions.

Once you get to retirement, what are you going to do? Asking yourself some key questions as you approach that milestone can help you shape your vision of what’s next.

10/02/2023

Raising a child from birth to 18 now costs an average of $237,482, according to new research from LendingTree. If you’re considering starting a family, here are financial steps you can take to ease the impact when your child arrives.

Annual tab to bring up a child has surged in recent years. "It's completely understandable that people are scared to death," one expert says.

10/02/2023

This article explores three strategies parents can use to transfer wealth and give their children financial head starts beyond the typical direct gifting of cash.

From custodial accounts to trusts, Baby Boomers can take part in the great wealth transfer in ways that won’t burden their kids with extra taxes.

10/02/2023

Student loan interest accrual resumed on September 1, putting the spotlight on the key differences between subsidized and unsubsidized loans. Here’s what you need to know.

Interest accrual has been paused on student loans for more than three years. Interest resumes Sept. 1 and it has big implications for certain types of debt.

10/02/2023

Do you have money set aside? With a current 6.0% interest rate, you can reduce your out-of-pocket costs with a Premium Deposit Account that lets you prepay premiums for a Custom Whole Life insurance policy. Reach out and I'll explain how you can use your rainy day fund to help address your protection needs.

10/02/2023

Doctor, lawyer, President of the United States—every parent imagines what their child will be when they grow up, but realizing what it's going to cost to get them there can be a scary thought. From ESAs to work-study jobs, learn some of the long and short-term ways you can make paying for their education a reality.

Trying to figure out how to pay for college? These long- and short-term strategies from New York Life will help you secure funds for a college education.

09/25/2023

Even though 30-year fixed rate mortgages rose to their highest level in over two decades, this could still be your best moment to lock in a mortgage rate. Here’s why.

Latest mortgage rates data shows a tough landscape for prospective homebuyers – and sellers.

09/25/2023

Both CDs and fixed deferred annuities are considered low-risk investments, but if your goals are more long-term, an annuity may be your better option. From tax benefits to return on interest, make sure you're saving the right way for the goals you want to achieve.

Read the pros and cons of fixed deferred annuities and CDs. Compare taxation and rates of CDs vs fixed annuities, and decide which is best for you.

09/25/2023

According to the latest Wealth Watch survey, short-term financial needs continue to be a source of stress for many American households. Sound familiar? Read the full report here and let’s discuss your options.

Despite economic pressure, parents feel confident about the future.

09/25/2023

Are you ready to make history? As this video shows, that’s what you do whenever you buy life insurance protection for your family. Give it a quick look, and let’s talk about all the opportunities this coverage can create for your loved ones. https://bcove.video/3tL6Izh

09/25/2023

Over 65% of Americans worry they will run out of money in retirement.* What are your thoughts?

*https://www.nasdaq.com/articles/66-of-americans-are-worried-theyll-run-out-of-money-in-retirement-here-are-7-tips-to-make

09/18/2023

When was the last time you reviewed your life insurance policy to see if you need to update your beneficiary information or add additional coverage? Since September is Life Insurance Awareness Month, it’s as good a time as any to review your coverage with your agent and make sure your loved ones are fully protected.

Life Insurance from New York Life offers protection at its core, but it can do so much more! Learn from our financial professionals what it has to offer you.