Lars P Willerup, Financial Services Professional with NYLife Securities LLC

Find out how the DCA Plus Account within a variable universal life policy may help you earn a 12% guaranteed interest rate (6.30% actual yield) as you strategically enter the market.

Dollar Cost Averaging with Variable Universal Life | New York Life Learn about dollar cost averaging and how this investment option can work to your advantage in your universal life insurance policy.

Happy Labor Day! Here's to all the hard workers who deserve a day of acknowledgement and gratitude for all they do.

Millennials' finances are a mixed bag, with some hit incredibly hard by the 2008-09 Great Recession or COVID-19 pandemic, while many have since earned good jobs, engaged in smart retirement planning and secured what may be the last truly low mortgage interest rates on homes.

I’m a Millennial in Great Financial Shape — 11 Steps I Took To Get Here Millennials' finances are a mixed bag, with some hit incredibly hard as young workers during the Great Recession of 2008-09 and others suffering during the COVID-19 pandemic. Yet many millennials have...

The minimum credit score for a mortgage loan depends on the type of loan you’re applying for. Here’s how they work.

What Credit Score Is Needed to Buy a House? Understanding how lenders use credit scores can give you an edge when you apply for a mortgage loan.

Student loans are among the biggest debts for Americans. Lowering these debts can provide significant financial relief. This article discusses ways to reduce your monthly payments amidst recent changes in student loan relief.
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If you have questions about how student debt affects your finances, please contact me.

Whether you're looking to grow your business, protect your legacy, or provide valuable benefits to your team, I have solutions tailored for you. This Black Business Month, reach out and let's work together to achieve your goals and ensure a bright future for your employees.

Top Olympic athletes' rigorous training, dedication, focus, and adaptability are key elements of financial success. Understanding their approach to finances offers valuable insights. Read more about how top-tier athletes' handle their strategies here:
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If you have any questions about reaching your personal financial goals and would like to discuss your strategies, please feel free to contact me.

When it comes to choosing a place to live, taxes – including no income tax states – sometimes influence the decision-making process. However, there are many factors and types of taxes to consider no matter which state you live in or move to.

Are No Income Tax States Better to Live In? There are many factors and types of taxes to consider no matter which state you live in or move to.

Mortgage rates have risen, making home affordability more challenging, but many continue to buy. If you’re looking for a new house, it's crucial to maximize your finances. Here are some tips to reduce the impact of high interest rates on your wallet and monthly payment.
If you have questions about personal finances and buying a home, please feel free to contact me.
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Supporting aging parents and raising your own family can stretch your resources thin. It's okay to seek help. As a financial professional, I can provide you with strategies that help ease your financial burden, while ensuring both your family's current needs and future security are met. Reach out and let's start on a strategy today.

As you enjoy the warm summer days, remember that planning for the future is just as important as savoring the present. Let’s work together on building a strategy that ensures your future is made in the shade. Reach out and let's talk.

If you’re planning to retire in the next few years, it’s important to be prepared. Taking steps now to manage your finances can help you enjoy your golden years with fewer concerns. Here’s a great article with five tips to make your retirement a little sweeter.
If you have questions about reaching your retirement goals, please feel free to contact me.
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Concerned about falling short on your goals in retirement? Learn about strategies you can employ now to help avoid a "retirement gap."

Check out Money magazine’s "How to Create a Life Insurance Retirement Plan" by Jeremi Davidson, explaining how a strategy of using the cash value of a permanent life insurance policy to supplement retirement income can enhance your retirement strategy, offering both the protection of life insurance along with the potential growth of retirement assets. https://nyl.co/4cDnJz4

If you’re managing student loan debt — and especially if you’re struggling to keep up with payments — you may have questions about recent proposals and what they mean for you. Here, frequent questions are answered.

5 FAQs About Student Loans, Answered How new government policies might benefit federal student loan holders.

Learn more about private mortgage insurance (PMI) and how it might impact buying a home.

What is Private Mortgage Insurance and How Does It Impact Buying a Home? Rising home prices and higher mortgage rates have made it more difficult to afford a down payment large enough to avoid PMI.

Can AI answer the needs of smaller businesses? Artificial intelligence tools are finding widest use at big companies, but there is expectation that the impact will spread.

Can A.I. Answer the Needs of Smaller Businesses? Some Push to Find Out. Artificial intelligence tools like ChatGPT are finding widest use at big companies, but there is wide expectation that the impact will spread.

Raising a child in the U.S. has become far more expensive than it was just a few years ago, but the problem is exponentially worse in these five states.

Raising a child is getting more expensive - but the problem is worse in these 5 states

The reality is, it's never too late to work on your retirement dreams. Read this interesting article to find out more. Read about 3 general reasons you can still successfully plan for retirement, no matter when you start.
For more about information on the topics mentioned in the article and your personal retirement strategy, please feel free to contact me.
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Homeowners cannot avoid property taxes, but there are strategies to potentially decrease your bill.

How to Reduce Your Property Tax

Today is a day of celebration and hope, as we reflect on the struggle for equality African Americans have faced throughout history.

Social Security benefits are a vital part of your retirement income. Know your options.
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We’ve got some answers to questions like what is inflation, really? What causes it? And how will it affect your personal finances? Read this insightful article to find the answers to some of the most frequently asked inflation-related questions.
If you like to talk about how today’s inflation may be affecting your own personal finances and what you can do about it, please reach out.

Inflation explained: Everything to know in 3 minutes or less. What does inflation actually mean? And how can it impact your financial situation?

The decision to rent or buy your home is not purely financial.

Consider These Factors Before Deciding Whether to Rent or Buy The decision to rent or buy your home is not purely financial. 

Nearly half of the respondents to a Pew Research Center survey said a college degree is less important in getting a high-paying job than 20 years ago.

Only 1 in 4 Americans think you need a college degree to get a high-paying job: report

In today’s economic landscape, financial stability is becoming more elusive than ever. But there is a solution – diversifying your income. What does that mean and is it a right strategy for you? Read this interesting article to find out more.
For more about income diversification and your personal financial strategies, please feel free to contact me.
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When you spend money on a product or service, there’s often the unspoken expectation that you’ll get exactly what you paid for. That relates to both the quantity and quality of a product or service. Sometimes that doesn’t happen, and in those instances, you may be experiencing shrinkflation.

Shrinkflation: What It Is and How to Beat It - NerdWallet Shrinkflation happens when a company reduces the quantity or size of a product but sells it at the same price.

One shopping binge 18 years ago is not likely to have sent you down the path to financial devastation, nor will that horrible auto lease you jumped into before you were financially mature enough to know better. But if those two small mistakes were followed by routine overspending, adding to growing credit card debt, multiple refinances of your home mortgage on top of more car leases, those minor problems grew into major problems.

Finances unraveling? Don't let mistakes set you back. The antidote is to correct the small mistakes as they occur.

There are a lot of important reasons to save money, everything from emergencies and education to vacations and retirement. But are we saving what we should? Take a look at this interesting article to find out how much the various generations are actually saving. It may surprise you.
If you would like to talk about your savings plan or personal finances, please reach out.
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Tax-free transfers from IRAs to CRTs and CGAs
IRA owners who want to support a specific charity but also like the idea of receiving a lifetime stream of steady payments can now do both, thanks to a new law described in this article from Professor Chris Hoyt. Learn how donors can retain income from donated funds while ensuring future support for their chosen causes and take full advantage of this evolving landscape of charitable giving options.
https://bit.ly/3JE48Cc