Are your protection plans in place?

Have you ever thought about how much you have to protect? Between your family, your finances, your independence and your legacy, it can be quite a lot — and that's why it's important to have the right protection plan in place.

Let's look at these areas of need and some possible protection solutions:

• Protecting your income – An injury or severe illness could prevent you from working for some time. And if that happened, your family's finances could become strained. To help guard against this possibility, you may want to consider disability insurance. Your employer may offer some type of coverage, but it's likely to be short term and may not be enough to help close the income gap you might face, so you may want to consider purchasing your own policy.
• Protecting your family – If you were no longer around, how would your family's lifestyle be affected? Could they stay in the same house? Could your children afford college or another type of post-secondary education? If you have adequate life insurance, the answer to these questions can be "yes." Again, you might get some coverage from your employer, but it may be insufficient, so you may want to explore additional protection through a personal policy. In determining how much coverage you'll need, you'll want to weigh several factors: size of mortgage and other debts, number of children, spouse's income and needs, and the legacy you'd like to leave.
• Protecting your goals – You may have some important financial goals, such as sending your children to college and achieving a comfortable retirement. To protect these goals, you'll need strategies to help prepare for them, which could include investing in an education savings plan and contributing regularly to your IRA and 401(k) or other retirement plans.
• Protecting your financial independence – Hopefully, you will be able to remain financially independent your entire life. But this independence could be threatened by the need for some type of long-term care. Consider this: A private room in a nursing home costs, on average, more than $116,000 a year, while the services of a home health aide are more than $75,000 a year, according to Genworth, an insurance company. Medicare generally does not cover these costs or types of needs and would typically only pay for a short period. You might be left with significant bills or creditors and possibly dependent on family or loved ones. To help protect yourself from these threats, you may want to consult with a financial professional, who can offer long-term care solutions.
• Protecting your legacy – When you work hard your whole life, you may want to leave something behind to your loved ones. A comprehensive estate plan can help ensure your family — and the charitable groups you support — will receive the resources you'd like them to have. An estate plan can be somewhat complex, involving various documents and arrangements, including a will, living trust and various powers of attorney, so you'll need to work with a qualified legal advisor, and possibly your financial professional.

As we've seen, "protection" can take many forms. So, try to follow all the protection strategies you need to enjoy the life you've envisioned for yourself and your family.

Clarksburg Students Write in Support of Rural School Aid

By Tammy DanielsiBerkshires Staff
07:25AM / Sunday, March 15, 2026

Mason Langenback calculated that Clarksburg would get almost $1 million if the $60 million was allocated equally.

CLARKSBURG, Mass. — Eighth-graders at Clarksburg School took a lesson in civic advocacy this week, researching school funding and writing letters to Beacon Hill that call for fully funding rural school aid. 

 

The students focused on the hardships for small rural schools and their importance to the community — that they struggle with limited funding and teacher shortages, but offer safe and supportive spaces for learning and are a hub for community connections.

 

"They all address the main issue, the funding for rural schools, and how there's a gap, and there's the $4 million gap this year, and then it's about the $40 million next year, and that rural schools need that equitable funding," said social studies teacher Mark Karhan.

 

A rural schools report in 2022 found smaller school districts cost from nearly 17 percent to 23 percent more to operate, and recommended "at least" $60 million be appropriated annually for rural school aid. 

 

Gov. Maura Healey has filed for more Chapter 70 school aid, but that often is little help to small rural schools with declining or static enrollment. For fiscal 2027, she's budgeted $20 million for rural schools, up from around $13 million this year but still far below the hoped for $60 million. 

 

Karhan said the class was broken into four groups and the students were provided a submission letter from Rural Schools Advocacy. The students used the first paragraph, which laid out the funding facts, and then did research and wrote their own letters. 

 

They will submit those with a school picture to the governor.