Fast Forward Your Settlement
Why Sell Structured Settlements?
How Much Money Is Available
Fast Forwarding a settlement gets you money today to meet today's financial needs rather than waiting for your money to be paid in the future. The ways in which a settlement might be Fast Forwarded are as varied as the examples of those who receive structured settlements.
But the most important story is yours. That is why Client First wants to work directly on a Fast Forward plan to meet your unique needs.
Many people assume that you need to sell all future structured settlement payments to receive cash today. Maybe that is what is best for you - maybe not.
Depending on your needs, your customized solution may involve selling only a portion of your future structured settlement payments, thus giving you both the money you need to meet today's financial needs and still maintaining the security of having some future payments. Determining whether you need to sell a portion of your future payments or all of them is one of the important considerations that your Client First Consultant will discuss with you.
Another key concept that your Client First Consultant will explain is the Time Value of Money. This concept basically means that money received in the future is not worth as much as money received today.
One reason that your periodic payments may be worth less in the future is the simple reality that items in the future will cost more – for example, how much more does it cost for food, gas, cars and housing NOW vs what it cost in the past. This is referred to as “inflation”, or the steady rise of prices over time.
Why Get Cash For Structured Settlement Payments?
 | Inflation Explanation – how it affects your settlement For example, in 1980, a new car cost less than $15,000 and now it costs twice that much. A gallon of gas was less than 75 cents a gallon. Less than 20 years ago, the average house was less than $70,000, and it cost well over twice that much now. So money received today is worth less than it was in the past because everything costs more today. What this means is that your settlement payments received in the future will be worth much less than the same money received today. How this specifically affects you is something that your Client First Consultant will review with you in detail when we discuss a Fast Forward of your Settlement. Cash Payout On Structured Settlements Financial Benefits to Fast Forwarding your Settlement Another reason to consider Fast Forwarding your settlement is that if you have the money today, you have the use of it today. This may seem obvious, but your Client First Consultant is trained to fully explore all the options for your money today, based on what YOU need. Could you use the money to pay off debt, or do you have medical expenses, or the need for better housing options? Maybe you want a better education for you or a family member, or even to start a business or make other investments. Maybe you just want to review your finances, and setup a budget for now and for the future. We look forward to discussing a financial plan that puts your needs first, and gives you a chance to Fast Forward Your Settlement. |
Fast Forwarding A Settlement - The Process