3-18-2016 11-20-29 AMPrepared by MetLife
Delivered courtesy of Wayne Kuykendall, Financial Services Representative
Strategic Financial Partners, an office of MetLife

When you’re in your twenties, probably at your first job, stuggling to make ends meet, saving for your future may be the least of your concerns.Even with decades of work ahead of you, however, in these uncertain times, saving for your futureisn’t something you can afford to put off.

Wondering where to start? Here are five financial tips every young adult should consider to help manage money and better prepare for the future:

1) Invest in your future. These days, technology changes in the blink of an eye. To make certain you’re not blindsided, make it a point to make ongoing career education a priority. Doing so will not only enhance your skills, but increase your professional potential. The more varied and flexible your skills, the more attractive you may be to prospective employers.
2) Start saving now for later. The uncertainty of today’s workplace may mean that your professional life may be interrupted by short or long periods of change. Therefore,you may face periods of unstable income, so creating an emergency fund to cover several months’ worth of living expenses can help you manage these transitions. You may also use these savings for other opportunities, such as starting your own business or continuing your education.
3) Save early and often for retirement. Retirement may seem very far off right now. But today, saving for your retirement is your responsibility, and it will take discipline, diligence and lots of time to make it happen. With employer-sponsored retirement plans,the responsibility of saving rests on your shoulders, so maketime and compound interestyour allies.
4) Let retirement funds accumulate. If you change jobs often in your working years, consider rolling over your account into an Individual Retirement Account (IRA)or new company retirement plan. Although it may be tempting to cash in the account, especially if you have accumulated only a small amount, be careful: doing so makes it immediately taxable and you may also incur an early withdrawal penalty. A greater concernis that you may be unable to make up for time already spent to accrue these savings.
5) Use credit wisely. Credit card companies frequently target young adults with the lure of “easy money.” While credit cards offer convenience (it’s virtually impossible to conduct some transactions, such as reserving airline tickets, without one), they also have the potential to create debt problems. Because payments can be stretched far into the future, overspending on credit can create an illusion of wealth. Paying off the balance each month is the best way to control credit.

Plan Now for the Future

Remember, the funds you accumulate during your working years will likely be your primary source of retirement income. Although no one knows what the future will bring, a little discipline and common sense over time can help you better manage your current and future financial affairs.

For more information on the financial, risk and wealth management strategies thatWayne Kuykendall provides, please contact himat256-777-4524, wayne.d.kuykendall@strategicfinancialpartners.com, or 105 South Marion Street, Suite 202, Athens, AL 35611.

About the MetLife Premier Client Group

The MetLife Premier Client Group (MPCG) provides consumers and small businesses with access to local financial professionals across the United States who can provide advice and guidance tailored to their financial needs. MPCG financial professionals stand out in the market for their holistic financial strategies, their team-oriented approach to client service and their adherence to a core financial planning philosophy that helps clients both grow and safeguard their assets. MPCG’s highly trained and credentialed representatives provide their clients with a wide range of services, including wealth management, retirement planning, estate planning and small business planning. For more information, please visit www.metlife.com/premier.

3-18-2016 11-24-03 AMAbout MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

The MetLife Premier Client Group is a distribution channel of Metropolitan Life Insurance Company (MLIC), New York, NY 10166. Securities and investment advisory services offered through MetLife Securities, Inc. (MSI) (member FINRA/SIPC) and a registered investment adviser, 1095 Avenue of the Americas, New York, NY 10036. MLIC and MSI are MetLife companies.

Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this brochure is not intended to (and cannot) be used by anyone to avoid IRS penalties.You should seek advice based on your particular circumstances from an independent tax advisor.

The foregoing discussion is general in nature and not intended as specific advice. Neither MetLife nor its representatives are engaged in rendering tax, accounting or legal advice. A qualified professional should be consulted regarding the effect of such considerations on the matters covered in this publication.

2-19-2016 12-16-24 PMAs the global markets continue to fluctuate, many investors and their portfolios are feeling the effects. Therefore, a sudden dip or rise in a portfolio may be the perfect time to take a look at whether or not one’s investments are truly diversified and assets are properly allocated among the different asset classes (e.g., equities, fixed income, and money market/cash equivalents). Asset allocation and diversification are techniques used to manage risk and attempt to balance the risks versus rewards of an investment portfolio. However, neither asset allocation nor diversification can prevent investment loss or assure a profit.

For many investors, investing typically begins with the purchase of a stock, a bond or a mutual fund. Over time, other investments may be added because many people understand it may not be prudent to invest in a single investment. However, simply “spreading money around” in various investment vehicles doesn’t necessarily create a properly diversified portfolio.
A sound portfolio management strategy begins with diversification – that is, dividing investments among major asset classes. Since each type of asset class has unique characteristics, they will rarely rise or fall at the same time, creating somewhat of a buffer in your investment portfolio. An investor can then make finer distinctions within each asset class by combining different assets to help soften the risks and losses within the portfolio, though in no way do they eliminate them all together.

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The main objective of diversification is to match the characteristics of the various investments and their asset classes to percentages allocated within your investment portfolio so that the allocated percentages match the most important aspects of your personal investment profile. For example, your tolerance for risk of loss or ability to handle the ups and downs of a volatile market and what you ultimately seek to achieve through investing should all inform how you allocate your investment dollars to different asset classes.

Investing according to your risk tolerance helps to keep you from making rash decisions when it comes to your investment portfolio. One way to measure your risk comfort zone is to ask yourself how much of a loss in a one-year period you could withstand and still stay the course. Finding an appropriate match of your tolerance for risk against the different volatility levels of returns is the ultimate goal of asset allocation. For example, if the thought of potentially losing 10 percent of your portfolio’s value over the next year for the potential to gain 20 percent within the next five years makes you uncomfortable, you may want to consider a more conservatively allocated portfolio. The potential for higher returns usually involves taking a greater degree of risk.
Lastly, understanding how long you want to invest in order to meet your goals is important. In fact, it may be the thing that makes you choose one investment vehicle over another. Your personal time horizon extends from when you implement an investment strategy until you need to begin withdrawing money from an investment or investment portfolio.

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You may wonder at this point how much should be invested in each asset class. The short answer is that asset allocation is more a personal process than a strategy based on a set formula. There are guidelines to help establish the general framework of a well-diversified and properly allocated portfolio but no two portfolios are alike. Keep in mind, a properly allocated and diversified portfolio will not guarantee against a loss and there is no guarantee that an allocated or diversified portfolio will outperform the market.

When crafting an asset allocation strategy, make sure to take all of your assets into account, including your retirement savings and any other investments you may. That way, you can ensure that all your assets are working together to help meet your goals and objectives throughout all stages of your life.

Prepared by MetLife
Delivered courtesy of Wayne Kuykendall, Financial Services Representative
Strategic Financial Partners, an office of MetLife
For more information on the financial, risk and wealth management strategies that Wayne Kuykendall provides, please contact him at 256-777-4524, wayne.d.kuykendall@strategicfinancialpartners.com , or 105 South Marion Street, Suite 202, Athens, AL 35611.
By: Wayne Kuykendall, Financial Services Representative with
Strategic Financial Partners, an office of MetLife.

9-18-2015 4-50-27 PMNot every single, debt-free person needs life insurance. But the vast majority do, for a wide variety of reasons.

1. You don’t want someone else to have to pay your end-of-life and funeral expenses.
Without some kind of protection-even a small term life insurance policy- your parents or other relatives will end up paying your funeral costs, if you die unexpectedly. There can be other end-of-life expenses too, like hospital bills or other costs associated with your home, work or personal life.

2. If you’re young and healthy, you’ll get the best rates.
Purchasing life insurance when you’re young and healthy (and can breeze through underwriting) may also be cost-effective. That’s because, as you get older (and potentially less healthy), the rates you’ll pay will increase. Why not lock-in low rates now? Buying young can also protect your future insurability, since insurance companies often let you convert from one policy to another or add coverage at a later date, without having to go through most of the underwriting.

3. You want to leave a legacy.
You may not have children, but what about nephews, nieces, or someone else who depends on you? Make sure they’re taken care of if you’re no longer around. Or, for a small premium, you could leave a legacy to a favorite charity or cause. Life insurance benefits are typically tax-free to the beneficiary.

4. You may not be single or debt-free forever.
Many insurance policies allow you to trade up or add coverage, so buying small policy before you get married or buy a home may be a good idea. Again, the sooner you purchase life insurance, typically the lower your rates.

5. You make too much to qualify for a Roth IRA, but still want to save more money for retirement.
If you make too much income to qualify for a Roth IRA, but have already maxed out your other retirement plans, you may want to consider life insurance. You can pay premiums and your money has the potential to grow tax-deferred, similar to a retirement plan. And, if you do it correctly, you can take loans from the policy income tax-free.

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Want help figuring out if you need life insurance?
Contact your financial professional to review your specific situation. He or she can help you decide whether you need life insurance, and if so, what kind and how much you’ll need.

Please be advised that this document is not intended as legal or tax advice. Accordingly, any tax information provided in this document is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or the marketing of the transaction(s) or matter(s) addressed and you should seek advice based on your particular circumstances from an independent tax advisor. AXA Advisors, LLC, and AXA Network, LLC do not provide tax advice or legal advice. This article is provided by Wayne Kuykendall. Wayne Kuykendall offers securities through AXA Advisors, LLC (member FINRA, SIPC) 105 South Marion Street Suite 202 Athens, AL 35611 and offers annuity and insurance products through an insurance brokerage affiliate, AXA Network of Alabama and its affiliates.

By: Wayne D. Kuykendall – Content Courtesy of AXA Advisors
105 South Marion Street
Suite 202
Athens, AL 35611
Tel: (256) 777-4524

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