David Rossett - Northwestern Mutual

The major benefit of a life insurance policy is the death benefit—but a permanent life insurance policy comes with additional perks, too. I’d love to show you what else a permanent policy could be doing for you.

Is Permanent Life Insurance Right For Me? Permanent life insurance will pay a death benefit, no matter when you die. Learn more about what permanent life insurance is and how it works.

As your life evolves, your need for life insurance also tends to change. Let’s sit down to make sure your plans match where you’re at in your life.

When Should You Reevaluate Your Life Insurance Coverage? Like many parts of your financial life, life insurance isn’t something you should set and forget.

Quick calculators can give you a reasonable gauge of how much life insurance you need. Together we can pinpoint the exact number and the ideal policy.

How Much Life Insurance Do I Need? To calculate how much life insurance coverage you should have, consider your expenses, your age and different life insurance policy types.

Life insurance is meant to leave behind a legacy, not a tax burden. But, there are a few situations where some people will owe taxes. Let's talk about it.

Is Life Insurance Taxable? The general guideline is that proceeds from life insurance are not taxed—but there are some exceptions.

New Year. New Studio.
We're Reopening!
Tuckahoe, NY
Spring 2024
More then 3 years ago after closing our 2 Westchester studios, I am thrilled to announce that Yoga Haven is reopening (125 Marbledale Rd, Tuckahoe, NY)! Along with my partner, Dana Karin Hudsin, we are building a new haven for community and wellness through yoga. Visualize our new sacred space where we'll come together again to:
- quiet our minds and bodies
- celebrate life in all of it's stages
- support one another in joy and in need
Wishing you, our beloved yoga community, good health, happiness and a whole lot of yoga in the new year!
With love, hope and appreciation for community,

Betsy and Dana

If you’re just focused on your investments, you’re probably missing major parts of your financial plan.

This Investing Mistake Could Cost You Money When you set your investment strategy, it’s important to look more broadly at your financial plan. One key consideration that can impact your strategy: whether you own permanent life insurance.

It’s time for year-end financial housekeeping. Review these four ideas and connect with me discuss how we can advance your tax planning objectives, together.

2023 Year-End Tax Strategies Year-end is rapidly approaching. Close out your finances on a high note in 2023 with these tried-and-true year-end tax planning strategies.

A financial plan is like a road map that shows you where you are and how to get where you want to go. But what does that really mean? Learn more about what's actually included in a plan.

What Is Included in a Good Financial Plan? The term “financial plan” can mean different things to different people. Learn what is included in a financial plan and how a plan can help you.

Your retirement could last 20 to 30 years. With that kind of time, you’ll have the opportunity to pursue big life goals, but you’ll face challenges, too. Here are four retirement planning opportunities that may not be on your radar. Let’s plan for your retirement, together.

Planning for a Modern Retirement Increased longevity means your retirement could last 20 to 30 years. Here are four challenges and opportunities this presents for your retirement plans.

It’s one of the most flexible financial products you can own. I’d be happy to discuss this further.

How Whole Life Insurance Can Help You With Multiple Financial Goals There’s a lot more to whole life insurance than its death benefit.

These ideas could help you avoid overspending.

10 Ways to Save on Back-to-School Shopping You may need to get creative to stretch your back-to-school shopping budget this year. These pro tips can help.

It can be a flexible asset that can help you achieve multiple financial goals throughout your life.

How Life Insurance Adds Value to Your Financial Plan While whole life insurance isn't an investment, life insurance policies can benefit from cash value growth and dividends.

If you’ve been saving for retirement, that’s great news. But reorganizing your retirement accounts could allow you to get even more out of those savings. Connect with me if you’re interested in learning more about how an IRA rollover could stretch your retirement savings further.

What Is an IRA rollover? An IRA rollover could make sense for you, depending on your financial situation and existing assets. Learn more about rollover IRAs.

While you’re enjoying the retired life, make sure you’re also tending to these financial tasks. And let me know if you need help!

Your Midyear Checklist for Maintaining a Healthy Retirement Now’s a good time to check in on these financial tasks.

Northwestern Mutual’s Quick View Tax Guide provides details on tax rates, deductions, contribution limits and more. Download your copy today to help ensure you’re taking advantage of the deductions and credits available to you.

Quick View Tax Guide In this guide we provide the tax information you want to know, including income and payroll tax rates, “kiddie tax” rates, details on the taxation of Social Security benefits, the standard deduction, retirement plan contribution limits, RMDs, estate and gift tax rates, and more.

A “retirement paycheck” can help you achieve financial security in retirement. Here’s advice from retirement and longevity expert Steve Vernon on creating yours.

Creating a Retirement Paycheck: Key Concepts and Strategies Social Security is the best source of protected income since it’s indexed for inflation, won’t go down when the stock market crashes, is paid for the rest of your life and has survivor benefits. But many retirees want more lifetime protected income than Social Security provides.

Our Chief Investment Officer, Brent Schutte, joined "Bloomberg Markets: The Close" last week to discuss the outlook for a recession, the debt ceiling, the regional banking crisis, and investing strategy. Listen to his take at 1:26:15:

"Bloomberg Markets: The Close" (05/22/2023) Romaine Bostick & Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackles the latest on the debt ceiling, JPMorgan Investor Day and top takeaways from the G-7. Guests Today: Sameer Samana of Wells Farg...

Northwestern Mutual's CEO John Schlifske explains why our company will remain financially strong, no matter how the debt ceiling debate ends.

A Message From Northwestern Mutual CEO John Schlifske About the Debt Ceiling Northwestern Mutual CEO John Schlifske discusses the debt ceiling and how Northwestern Mutual is well prepared for uncertainty and potential volatility.

Will an uptick in inflation and consumer spending lead the Fed to reconsider pausing rate hikes? Read Northwestern Mutual Wealth Management Company Chief Investment Officer Brent Schutte’s thoughts in this week’s Market Commentary.

Progress on Debt Ceiling Negotiations Sends Stocks Higher While investors remained focused on Washington, inflation data may keep the Fed in tightening mode. Read more in our Northwestern Mutual Weekly Market Commentary.

You may be able to deduct more than you think.

What to Know About Tax Deductions for Businesses If you recently started a business, it’s OK if you don’t know what kinds of expenses you may be able to deduct. Learn more about tax deductions for businesses.

These expert tips can remove the stress and make room for celebration. Reach out if you have questions about budgeting for this milestone event.

The Parent’s Guide to Paying for Your Kid’s Wedding Help your child have their dream wedding—while keeping your relationship (and finances) intact. Here’s the parent’s guide to paying for your kid’s wedding.

Investing during retirement is challenging. Here are steps to help you make your nest egg last.

Handling risks during retirement

Our Senior Portfolio Manager, Matt Stucky, joined Bloomberg Radio's “Bloomberg Markets” this week to discuss the outlook for Federal Reserve policy, his expectations for a recession, and investing strategy:

Are Markets Pricing In A Deep Recession? (Audio) - Bloomberg Understand every aspect of the global economy – and know how to make your next move.

These lessons can provide a firm financial foundation for your child.

How to Teach Children to Build Healthy Money and Credit Habits The financial lessons you share with your kids will change as they grow. Here are ways to teach your children to build health money and credit habits.

Tax efficiency is one of the keys to making your money go further. Let’s have a conversation about how we can make this work for you.

Here's How Different Types of Retirement Savings Are Taxed In retirement, you’re likely to generate income from a variety of sources, many of which get different tax treatments. We break down how different types of retirement savings are taxed.