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Ashley Chorpenning

Retirement, Investing and Budget Expert

Ashley Chorpenning is an experienced financial writer currently serving as an investment and insurance expert at SmartAsset. In addition to being a contributing writer at SmartAsset, she writes for solo entrepreneurs as well as for Fortune 500 companies. Ashley is a finance graduate of the University of Cincinnati. When she isn’t helping people understand their finances, you may find Ashley cage diving with great whites or on safari in South Africa.

Posts by Ashley Chorpenning:

by Ashley Chorpenning Sep 17, 2020

Insurance fraud can occur during any stage of the insurance transaction by any party involved. This means that applicants, policyholders, third-party claimants, professionals who provide services to claimants, insurance brokers or agents – even companies – may attempt to commit some type of insurance fraud. Insurance fraudsters have found many ways to take advantage of people. Learning the different types of fraud and understanding life insurance terminology can help you avoid them or know how to report them properly. Read more

by Ashley Chorpenning Sep 15, 2020

Term life insurance offers coverage for a specific amount of time, while whole life insurance provides lifelong coverage and the potential for a cash value accumulation. When you pass away, your family can use the proceeds from both types of policies to pay for your funeral costs, handle mortgage payments or cover other financial obligations. Although both are designed to provide a financial safety net for your loved ones, there are a few key differences that set them apart. So, to see how they each stack up, here’s what you need to know about term vs whole life insurance. And if you need extra guidance determining how life insurance fits into your overall financial plan, consider enlisting the help of an expert financial advisor. Read more

by Ashley Chorpenning Aug 28, 2020

Married couples often share their income both while working and in retirement. However, when one spouse dies, the other might still rely on the deceased’s income. This is where Social Security surviving spouse benefits may provide some financial support. Surviving spouses can collect Social Security survivor benefits after their spouse dies permitting that they were married for at least nine months. To determine if you’re eligible for benefits, and specifically when you can begin receiving them, here’s what you need to know. Read more

by Ashley Chorpenning Aug 25, 2020

Concierge medicine has established itself as a distinct type of healthcare delivery system due to its flexibility, efficiency and access. However, this membership-based access to quality healthcare… Read more

by Ashley Chorpenning Aug 25, 2020

Many aging adults may need some form of in-home care later on in life. Since Medicare is a health insurance lifeline for many seniors in the U.S., many may wonder: Does Medicare cover home healthcare… Read more

by Ashley Chorpenning Aug 12, 2020

Assessing your financial situation can help you understand your options for creating a steadfast financial future. To outline your finances, a personal financial statement can provide an overview of… Read more

by Ashley Chorpenning Aug 03, 2020

If you have multiple debt balances from credit cards, high-interest loans and other forms of debt, you may want to merge them into one payment. You can use a debt consolidation loan to combine them… Read more

by Ashley Chorpenning Jul 30, 2020

Permanent life insurance can allow you to continue to support your family members and ensure that they are financially protected after you pass away. This is a life insurance policy that never… Read more

by Ashley Chorpenning Jul 23, 2020

Having “financial freedom” means different things to different people. But, generally, it is understood as being able to live the lifestyle of your choosing while responsibly managing your finances.… Read more

by Ashley Chorpenning Jul 17, 2020

If your university, college, or higher education institution closes, you might be wondering if you can discharge student loans. It’s an especially pertinent question now, with many schools… Read more

by Ashley Chorpenning Jul 08, 2020

If you’ve thought about retiring in Central America, you’ve likely learned plenty about Costa Rica and Panama, two popular destinations for ex-pat retirees. However, their neighbor Guatemala, the… Read more

by Ashley Chorpenning Jul 08, 2020

As you plan how you will leave your estate, it’s important to your family’s future that you leave a legacy with well-executed documents. It’s also essential that you understand all of the roles of… Read more

by Ashley Chorpenning Jun 24, 2020

Many people graduate from colleges in the United States with debt. According to EducationData.org, the average 2020 student loan debt was $32,731 per graduate. This means that many people are paying… Read more

by Ashley Chorpenning Jun 17, 2020

If you are married, you’ve likely spoken to your spouse about retirement. You may have a goal of moving somewhere tropical and enjoying your golden years on a beach, or you might want to stay where… Read more

by Ashley Chorpenning Jun 16, 2020

The COVID-19 pandemic continues to impact many working Americans. Whether they contract the disease themselves, are responsible for the care of someone with the virus, or have had their employment or… Read more

by Ashley Chorpenning Jun 10, 2020

When you think of Croatia, do you think of the beautiful Dalmatian seacoast where they shot “Game of Thrones”? Or perhaps Croatia conjures up visions of Plitvice Lakes National Park’s waterfalls and… Read more

by Ashley Chorpenning Jun 03, 2020

Cambodia is known for its stunning landscapes, vast temples, and low cost of living. Cambodian people are often noted as being some of the friendliest people in the world. From its rich culture to… Read more

by Ashley Chorpenning May 29, 2020

Do you dream of spending your retirement drinking Bordeaux and champagne in Paris? Perhaps you want to spend it in a beautiful seaside villa in Biarritz or the ski the Alpine slopes of Chamonix at… Read more

by Ashley Chorpenning May 28, 2020

Japan is known for bullet trains, an amazing cuisine and some of the cleanest, litter-free streets in the world. Overall, the nation is a beautiful place to both visit and live. In addition to its… Read more

by Ashley Chorpenning May 18, 2020

You may have noticed that when we are in a recession, there tends to be increased consumer interest in mortgage refinancing. You might see or hear advertisements about lower interest rates and how… Read more

by Ashley Chorpenning May 13, 2020

In April 2020, many Americans received their first economic stimulus payments as a result of the CARES Act. While these checks of up to $1,200 per person were helpful for many families, it wasn’t… Read more

by Ashley Chorpenning May 13, 2020

While many of the relief programs created to aid people during the coronavirus pandemic have come from the federal and state governments, there are relief programs created by companies and nonprofits… Read more

by Ashley Chorpenning May 12, 2020

All property falls into two categories: real or personal property. Whether something is considered real property or personal property depends on a surprisingly simple test: Can you physically move it… Read more

by Ashley Chorpenning May 12, 2020

Small businesses dealing with the economic fallout of the coronavirus pandemic can qualify for several federal small business relief programs. Most of these take the form of Small Business… Read more

by Ashley Chorpenning Apr 30, 2020

As the number of coronavirus cases in the U.S. grows, you might be wondering whether your health insurance will cover you if you were to contract the disease, COVID-19. While every health plan… Read more