Author Archives: Paragon Financial Partners

Author: Paragon Financial Partners

Paragon Financial Partners, Inc. is a Registered SEC Investment Advisor. The topics discussed herein are for informational purposes only and should not be considered as a solicitation or offer to purchase or sell any securities. The financial strategies and guidelines discussed herein may not be appropriate for everyone as each individual circumstance is unique. Please review all tax information with your tax professional. Please review all legal information with your legal professional. If you have any questions or would like to speak with us, please contact us by phone at (310) 557-1515 or by email at info@paragonfinancialpartners.com.

Inflation occurs when there is more money circulating than there are goods and services to buy. The process is like trying to attend a sold-out concert at the last minute; there is more demand for tickets than there are tickets to go around.
People are living longer today, and although that is good news, the odds of requiring some sort of long-term care increases as you age. As the costs of healthcare, home care, nursing homes and assisted living continue to increase, you may wonder how it is you are going to keep up. One option that is growing in popularity is long-term care insurance (LTCI).
Often times Medicare does not cover your entire healthcare costs during retirement, so you may want to buy a supplemental medical insurance policy known as Medigap. Medigap is sold through private insurance companies and is designed to cover costs not paid by Medicare, helping you fill the gaps in your Medicare coverage.
After years of keeping the benchmark federal funds rate at historic lows, the Federal Reserve has been raising it gradually. Near-zero rates were an emergency measure, and gradual increases reflect greater confidence in the U.S. economy. However, rising rates can affect you as a consumer and investor.