Foresters Financial encourages fiscal fitness during "January is Financial Wellness Month"
NEW YORK, Dec. 28, 2015 /PRNewswire/ - To stay in good physical health, everyone needs regular checkups from caring doctors who understand their individual needs—and staying in good "fiscal" health is no different. That's why Foresters Financial is celebrating January is Financial Wellness Month by encouraging consumers to begin 2016 with a financial checkup.
While most New Year's resolutions resolve to get fit, eat healthier and manage stress better, it can also be the perfect time to reassess all areas of your financial well-being. In fact, 70 percent of American workers say financial stress is the most common cause of stress* and can be avoided. There are many simple things you can do to get fiscally fit, such as saving more and spending less. Setting aside a specific amount of money each month to pay yourself first—before you start paying your bills—is a good approach.
"There are many excellent strategies to improve your overall financial wellness," said Paul Prete, Vice President, for Retirement Programs at Foresters Financial. "To ensure thoroughness, one of the best strategies is to work with a financial representative who can help you achieve your financial goals based on your specific situation, risk tolerance and time frame—whether it be for making investments, retirement planning, funding a college education or providing life insurance protection for you and your family."
"The key," Prete added, "is to empower yourself by taking an involved approach because getting fiscally fit takes time, patience and discipline. At Foresters Financial, we're experienced in financial wellness and have the products and services you need to help you create a customized financial plan."
Prete says, "whether you're a novice or an experienced investor, I encourage consumers to take advantage of January being Financial Wellness Month and speak with a Foresters Financial Representative about a financial checkup and begin the New Year with a good start."
For additional information about financial wellness, please click here to learn about 10 simple ways to improve your financial outlook in 2016.
* "Stress in America: Are teens adopting adults' stress habits?" American Psychology Association, (2014).
About Foresters Financial (formerly First Investors)
The Foresters Financial (formerly First Investors) group of companies is a diversified financial services company and includes a registered broker-dealer, an investment adviser, a life insurance company and a transfer agent. Foresters Financial Services, Inc., a broker-dealer, helps everyday families reach their financial goals by offering solutions and guidance through its network of financial representatives working in 42 branch offices across the United States. Foresters Investment Management Company, Inc. is the investment adviser to the First Investors family of funds, which had nearly $11 billion in total assets under management as of June 30, 2015. Foresters Life Insurance and Annuity Company, Inc., a New York domiciled insurance company, offers a range of insurance and annuity products and maintains an "A" (Excellent) rating by A.M. Best1. forestersfinancial.com
About Foresters
Foresters is an international financial services provider with more than 3 million clients and members in the United States, Canada and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities. Foresters has assets of almost $12 billion, total funds under management of $28 billion and a surplus of $1.9 billion (all figures in Canadian dollars as of Dec. 31, 2014) and maintains an "A" (Excellent) rating by A.M. Best1. foresters.com
Foresters Financial™ and Foresters™ are the trade names and trademarks of The Independent Order of Foresters, a fraternal benefit society, and its subsidiaries, including Foresters Financial Services, Inc. Securities, life insurance and annuity products are offered through Foresters Financial Services, Inc. Insurance products are issued by Foresters Life Insurance and Annuity Company or The Independent Order of Foresters.
1 An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A- being excellent ratings. In assigning The Independent Order of Foresters and Foresters Life Insurance and Annuity Company rating on July 1, 2015, A.M. Best stated that the rating outlook is "stable", which means it is unlikely to change in the near future. See ambest.com for our latest rating.
SOURCE Foresters
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