F&G Annuities & Life Joins Voya Financial's Annuity Platform, Expanding Access to Protected Growth Solutions [Accessibility Statement] Skip NavigationDistribution relationship introduces F&G's fixed indexed annuities (FIAs), registered index-linked annuities (RILAs) and multi-year guaranteed annuities (MYGAs) product suite to Voya's industry leading wealth solutions businessDES MOINES, Iowa and NEW YORK, Feb. 25, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") and Voya Financial, Inc. (NY ...

Core Viewpoint - The media has overstated the financial burden of raising children, and concerns about money should not delay family planning according to personal finance expert Dave Ramsey [1][2]. Group 1: Cost of Raising Children - Ramsey argues that the initial costs of raising children, such as formula and diapers, are manageable, and after the first few years, children primarily consume household food [2]. - The average annual cost of raising a child under five has increased by 4.5% year over year, reaching $27,700 last year, as reported by SmartAsset [3]. Group 2: Financial Stability and Family Planning - Ramsey emphasizes that couples should not wait to achieve financial stability before having children, stating that wealth is not a prerequisite for raising good children [2]. - He suggests that couples should work together towards long-term financial goals rather than viewing children as obstacles to debt repayment or wealth accumulation [2][4]. Group 3: Marriage and Financial Readiness - Ramsey advises that individuals should marry when they feel ready, rather than postponing until they have built wealth, as long as both partners agree on financial management [3]. - He acknowledges that delaying family planning may be reasonable during emergencies or significant financial setbacks, but not for long-term goals like paying off a mortgage [4].

Core Insights - The article discusses the financial challenges retirees face, emphasizing the importance of managing expenses and optimizing savings to ensure financial security during retirement. Group 1: Homeownership and Financial Security - Homeownership provides a safety net through equity building, which can be beneficial for financial security, especially after paying off a mortgage [1] - Downsizing to a smaller home or a retiree-friendly community can significantly reduce property taxes, utilities, and maintenance costs, freeing up capital [5] Group 2: Retirement Income and Spending - The average annual spending for U.S. households aged 75 and older was $55,834 in 2024, highlighting the financial demands on retirees [4] - With a modest Social Security income of $2,000 per month, retirees may struggle to cover average expenses, which include $7,168 on food and $6,855 on transportation [13] Group 3: Health Care Costs - Health care is one of the largest expenses for retirees, and supplemental insurance can be costly, necessitating careful planning [7] - Programs like Medicare Savings Programs and the SSA's Extra Help can assist low-income retirees with health care costs [8] Group 4: Budgeting and Expense Management - Creating a monthly budget is essential for retirees to track spending and avoid overspending, with tools like Rocket Money available to help manage finances [16][18] - Shopping around for better rates on home and car insurance can lead to significant savings, with users of OfficialHomeInsurance.com saving an average of $482 [20][21] Group 5: Emergency Funds and Savings - Experts recommend retirees maintain an emergency fund of 18 to 24 months' worth of essential expenses to prepare for unexpected costs [24] - High-yield savings accounts, such as the Wealthfront Cash Account offering an APY of 3.30%, are recommended for liquidity and emergency access [27]

Company Overview - Sami Inkinen is a serial entrepreneur who has founded and scaled three companies, including two unicorns, over a 20-year career [2] - Currently, he serves as the CEO of Virta Health, a healthcare business valued at $2 billion [5] Financial Milestones - Inkinen repaid $100,000 in student debt, which he considers a significant moment of financial success [2][3] - He sold secondary shares worth $500,000 pre-tax in 2008, allowing him to pay off his student loans and purchase personal items [3] - Trulia, a company he helped scale, was acquired by Zillow for $3.5 billion in 2015 [5] Entrepreneurial Journey - Inkinen's first entrepreneurial venture was Matchem, a mobile software company he co-founded in 2000, which he sold for a few million dollars [3] - After graduating from Stanford's MBA program in 2005, he declined a lucrative job offer from McKinsey to pursue entrepreneurship [4] Personal Philosophy - Inkinen emphasizes that financial security is not the primary driver of happiness, stating that the thrill of having no debt was short-lived [6] - He believes that money does not define life satisfaction or happiness [6]

Core Insights - A high income does not necessarily equate to financial security, as many high earners still struggle financially [1][2] - Wealth accumulation is more about financial habits and mindset than just income levels [3][4] Income vs. Wealth - Many individuals with high salaries live paycheck to paycheck, while those in lower-paying professions, such as teachers, can build significant wealth [2] - The National Study of Millionaires indicates that teachers rank among the top five professions for millionaires, highlighting that income alone is not the sole determinant of wealth [2] Financial Habits - Bad money habits can undermine financial security, regardless of income level [3] - Wealth is built through consistent financial decisions, such as saving a portion of income, maintaining low debt, and avoiding lifestyle inflation [4] Mindset Differences - The distinction between wealth accumulators and spenders often lies in their mindset [4][5] - Accumulators strategically manage their finances by assigning roles to their money, setting spending boundaries, and regularly reviewing expenses [5] Small Choices Matter - Making small, consistent financial choices can lead to significant wealth over time [6] - Strategies such as delaying large purchases, automating savings, and periodically reviewing expenses can enhance financial stability without requiring a high salary [6] Conclusion - A large paycheck may appear attractive but does not guarantee financial peace or lasting wealth [7]

Core Insights - The article emphasizes that small daily financial decisions, such as buying a cheaper latte, are less impactful than major life decisions like housing and investment choices [1][2][3] Group 1: Housing - Housing is the largest expense for households, accounting for 33.4% of the annual budget according to the Bureau of Labor Statistics [4] - A significant number of homebuyers experience buyer's remorse, with 73% of first-time buyers and 65% of all buyers reporting regrets, often financial in nature [5] - Setting strict guidelines and budgets for home purchases can prevent long-term financial strain [6] Group 2: Transportation - Transportation is the second-largest household expense, making up 17% of annual expenses for a typical family in 2024 [7]

For many Americans, the idea of earning a “top 1%” income feels abstract, something reserved for celebrities, CEOs or billionaire tech founders. But in reality, the income threshold is far more specific and far more dependent on geography, taxes and financial habits than most people realize. Here, experts explained how to define the minimum salary that equals the top 1% of income in 2026, and why this is a little more complicated than it sounds. What ‘Top 1% Income’ Actually Means and What It Doesn’t T ...

Core Insights - Primerica, Inc. will host its largest senior leadership gathering in history on January 7-8, 2025, with over 1,000 top field leaders participating [1] Financial Performance - In 2025, Primerica issued nearly $112 billion in term life insurance, increasing total coverage in force to a record $968 billion [2] - The company paid over $1.8 billion in death claims, providing essential support to families [2] - Clients invested nearly $15 billion towards their future, pushing assets under management to a record $128 billion [2] - Families accessed more than $665 million in mortgages to manage debt or purchase homes [2] Distribution Expansion - Over 360,000 new representatives were recruited in 2025, resulting in over 48,500 new life-licensed representatives [2] - The company ended the year with over 2,400 newly securities-licensed representatives, bringing the total to over 25,600 [2] Company Overview - Primerica, Inc. is headquartered in Duluth, GA, and serves middle-income households in North America [4] - The company insured over 5.5 million lives and had approximately 3.0 million client investment accounts as of December 31, 2024 [4] - Primerica was the 3 issuer of term life insurance coverage in the U.S. and Canada in 2024 [4] - The company's stock is included in the S&P MidCap 400 and the Russell 1000 indices, traded under the symbol "PRI" [4]

Core Insights - The perception of wealth in America is skewed by the prevalence of millionaires, with over 24 million households having a net worth exceeding $1 million, representing more than 18% of all households [1][2] - True financial security is determined by liquidity, or the ease of accessing funds when needed, rather than just the total net worth on paper [2] Group 1: Illiquid Wealth - Liquidity is a crucial aspect of wealth; having $1 million in illiquid assets does not equate to real financial security [3] - A significant portion of U.S. household wealth is tied up in illiquid assets, particularly family homes, which complicates financial flexibility [4] Group 2: Household Net Worth - The median household net worth, excluding home equity, was only $57,900 as of 2021, which is far below the seven-figure threshold and insufficient for a comfortable retirement [5] - While accessing home equity is possible, practical limitations exist, such as the need for housing after selling the family home [6]

Financial Anxiety and Retirement Concerns - 77% of Americans feel anxious about their financial situation [5] - Most Americans have $10,000 in credit card debt, taking 19 years to pay off with minimum payments [5][6] - In 1960, 50% of private sector workers had a pension, but today it's under 15% [6] - Social Security funds are projected to run out in 10 years [6] - The average 401k balance for someone 65 and older is $279,000 [7] - In 2020, only 51% of employees participated in their employer's 401k plan [7] Real Estate as a Solution for Financial Security - Real estate offers cash flow, leverage (as little as 5% down), principal paydown, and tax benefits [8] - Tax benefits include write-offs for interest, repairs, and property visit trips [9] - Real estate provides economic appreciation (market goes up) and forced appreciation (increase income, cut expenses, fix it up) [9] - Real estate is accessible for people in their 20s or 60s, whether working a regular job or making it a career [10] The 321 Real Estate Investment Process - Step 3: Live in one unit of a multifamily property (found in cities or urban centers) and rent out the others, saving the excess cash flow for six to seven years [14] - Some cities incentivize living there, offering up to $40,000 for buying a property [15] - Step 2: Buy a two-family property, move in, and rent out four units, saving the excess cash flow for six to seven years [15] - Step 1: Buy a single-family property, resulting in five rental units providing income and a home [16]