Connecticut

From Hartford to the shoreline, families across Connecticut turn to Spicer Financial Group for clear, practical guidance on life insurance, retirement planning, and financial protection. Whether you’re starting a career in Stamford, raising a family in New Haven, or enjoying the charm of Mystic, we’re here to help you plan for the future with confidence.

Serving these areas, and more:

  • Hartford / West Hartford / New Britain

  • New Haven / Hamden / North Haven

  • Stamford / Greenwich / Norwalk

  • Bridgeport / Stratford / Fairfield

  • Waterbury / Naugatuck

  • Danbury / Ridgefield

  • Mystic / New London / Groton

  • Torrington / Northwest Hills

 Connecticut Life & Financial Planning FAQs

Life Insurance in Connecticut

  • Employer-provided life insurance usually isn’t enough to fully protect your family. Having your own policy gives you the flexibility to choose the right amount and type of coverage, and it stays with you even if you change jobs.

  • Many families in Connecticut aim for enough to replace several years of income, pay off a mortgage, and cover future goals like college or retirement. We can help you figure out the right amount for your situation.

  • Connecticut law gives you a 10-day “trial period” to review and cancel a new policy for a full refund, if you decide you don’t want it. State laws also make sure your beneficiaries are paid promptly when a claim is approved.

Retirement Planning in Connecticut

  • Many people use a mix of 401(k)s, IRAs, and annuities to build income for retirement. Connecticut doesn’t tax Social Security benefits, which can be an advantage when planning your income.

  • The earlier, the better! But it’s never too late. Even if you’re close to retirement, we can help you make the most of what you’ve saved, so you can enjoy life after work.

  • Yes! We’ll take a look at your income, savings, and goals to create a plan so you can step away from work on your terms.

Mortgage Protection in Connecticut

  • It’s a life insurance policy designed to cover your mortgage if you pass away. This helps your family stay in the home they love without financial stress.

  • No, but it’s a smart way to protect your biggest asset. Especially in areas like Fairfield County or Hartford, it gives peace of mind for families with long-term mortgages.

  • If your mortgage changes, we can - and should - update your policy so it always matches your current balance.

College Funding Strategies in Connecticut

  • Connecticut families often use 529 College Savings Plans for tax advantages, along with other strategies like life insurance with cash value or custodial accounts. We help you choose what works best.

  • Yes! Grandparents, aunts, uncles, or friends can all contribute. It’s a great way for family to invest in a child’s education.

  • You can transfer the funds to another family member or use them for trade school or graduate school. There are flexible options to make sure the money gets used wisely.

Estate & Legacy Planning in Connecticut

  • Estate planning protects your assets and ensures they go where you want. Legacy planning focuses on the impact you leave behind — like helping family, supporting charities, or setting up a lasting plan for future generations.

  • Yes. Without one, state laws decide who gets your assets — and it might not match your wishes. A simple will or trust helps your loved ones avoid unnecessary stress and legal delays.

  • Life insurance can provide cash to cover taxes, debts, or other expenses so your heirs don’t have to sell assets under pressure. It’s an important part of a strong estate strategy.

  • Not at all! Every Connecticut family benefits from a plan that protects their home, savings, and personal belongings.

Debt Protection in Connecticut

  • It helps pay off loans — like credit cards, car loans, or personal loans — if you pass away or become disabled, so your family isn’t stuck with your debt.

  • Not exactly. Life insurance protects your family more broadly, while debt protection is designed specifically to cover certain loans. Using both can give the most complete protection.

  • Anyone with ongoing debts! It makes sure your loved ones don’t have to worry about bills during tough times.

  • No, but it’s an affordable way to make sure your debt won’t become a burden for your family.

Income Protection in Connecticut

  • It replaces part of your income if you can’t work because of illness or injury. Think of it like a safety net for your paycheck.

  • Some do, but it’s often short-term or covers only a portion of your income. Private income protection can help cover your bills and lifestyle while you focus on healing.

  • Some plans cover you for a few years, while others last until retirement age. We’ll help you choose a plan that aligns with your lifestyle and long-term needs.

  • Not usually. Your rate is based on your job, health, and coverage level. Most families find it affordable, and peace of mind is priceless.