Financial crisis threatens the stability of the banking system and the economy as a whole. Of course, many people in the US are fearful of what may happen to their employment status, savings, and investments. As a matter of fact, the stock market has fallen by roughly 40 percent since the beginning of 2008. This decline has been observed since early September of the said year, wherein credit is both more expensive and scarce
Americans aged 55 and older greatly depend on employment because they are determined to make enough money before the retirement period. Unfortunately, two-thirds of the population aged 55 is either working or actively looking for jobs based on the research conducted by the Bureau of Census in 2008. The unemployment rate for older Americans is relatively lower than the rate of the labor force in its totality, but it has risen more rapidly. The rate of unemployed older Americans is in fact has increased by 4.7 percent, while the rate for all workers has increased by 6.7 percent according to the Bureau of Labor Statistics. This goes to show that making investments in retirement planning is not a good idea during this time when the economy is down. So, it would be wise to sell it instead to companies that purchase annuities and future payments. When it comes to this kind of business, JG Wentworth is quite a big name in the US.
The Pennsylvania-based financial services company has more 25 years of industry-experience helping Americans meet their financial obligations. By selling annuities or any structured settlement payments, individuals can get a good sum of cash immediately. The transaction at JG Wentworth is made simple and easy in order to deliver fast and efficient services to their clients in need of cash the soonest time possible. The firm understands such emergency situations faced by their clients, and so they make sure to work personally with them to complete all the required documents to qualify them from selling their annuities.
With that, the company over the past years continues to receive notable JG Wentworth reviews from highly satisfied clients. JGW understands how much impact that the financial crisis might have hit their clients? lives to force them selling their annuities and other assets. This is especially true for retiring Americans who still have to worry about their expenses instead of having the best time relaxing and enjoy being freed from debt. Good thing JG Wentworth provides older Americans a better financial option to help them make it through the financial crisis.
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