Investing Costs and Risk Tolerance: How to Protect Your Money

Typical Financial Planning: The type of financial planning in use today encourages you to put your money where there is a risk you could lose the money.  The truth is, the only place you can keep your money safe from loss is in certain Bank products and in specific Life Insurance contracts which legally guarantee …

Read More...

5 Critical Things to Include in Your Retirement Planning

There are many retirement calculators that will tell you how much you need to have in order to retire. But there are no calculators that can guarantee how much money you will need in retirement.  That is because the calculators used in typical financial planning are based on some interesting assumptions.  For example, The 70% …

Read More...

Evaluating Whole Life Insurance as any Good Investment: Life Benefits Christmas Gift for You in 2019

Investment grade life insurance is commonly sold as a solution to avoid the non-diversifiable market risk associated with investing in the market. The problem is that investment grade life insurance is basically a marketing gimmick which should alert every suspicion nerve in your body to its highest level.  Here are the reasons why: Life insurance, …

Read More...

How Much Should You Have in Your 401k?

According to Fidelity Investments, in order for your 401K to sustain you in your retirement you will need to have 8x your annual income saved by the time you reach age 67.  To keep on track with your savings, you will need to have at least your annual income tucked away by age 35. By …

Read More...

Life Insurance Policy Loans and Withdrawals – how and when to use them

You may have the option of taking a withdrawal or a policy loan against the permanent life insurance that you own. That is because permanent life insurance policies can create surrender value.  Surrender value, commonly called cash value or accumulated cash value, can be withdrawn from the policy, borrowed from the policy, or used as …

Read More...

The Best Way to Pay Off a Mortgage

Many people believe that paying off a mortgage as fast as you can is the best way to avoid losing money to the cost of interest.  But with the new 2017 Tax Cuts and Jobs Act, the deduction for the interest that your home mortgage provides is not really an issue anymore because the standard …

Read More...

Premium Financed Life Insurance: A Risky Endeavor

It seems that premium financing to purchase life insurance is becoming a common marketing tool to sell more life insurance to business owners and private individuals.  Whether the marketing strategy is focused on how you can borrow against a life insurance policy you already own to finance another life insurance policy premium or the marketing …

Read More...

Losing Your Money is Optional

“Faster, faster, faster, until the thrill of speed overcomes the fear of death.” That was the tattoo inked on the arm of the fellow sitting across the aisle on the plane.  And it is that same line of thinking that coaxes opioid users to have “Narcan Parties.” Narcan parties are the newest thing on the …

Read More...

How to Keep More of What You Earn

Too many financial planners, CPAs and life insurance agents are so busy talking about rates of return that can be earned either in mutual funds, stocks, bonds or even life insurance, that they fail to properly inform you that most Americans are not saving enough money to retire on.  In fact, outside a brief spike …

Read More...

2 out of 3 Regret Their College Degree

Unless your degree is in science, technology, engineering or math, you have a 66 percent chance of regretting that you ever went to college.[i]  And that is in large part because the degree earned provides an insignificant difference in income earned. Take for example a registered nurse.  They will spend somewhere between $40,000 -$100,000 on …

Read More...
4 Pages | 37 Results