“Horrible Consequences the Financial Services Industry Has Planned for Your Retirement” “How do you think I’m going to get along…you took me for everything that I had and kicked me out on my own.” These are lyrics from the hit song by Queen but could just as easily be the words of millions of Americans …

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According to Fidelity, who holds 16.2 million of the 27.2 million IRA and 401(k) accounts in America, the median 401(k) account balance is a miserable $63,000 as of February 2019 for those ages 60-69.  This figure is much less than the average retirement account balance of $112,300 which, by the way, isn’t anything to boast …

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 Planning for the future is critical in a world of uncertainty. Now what if there was a life insurance policy that provided more than just the death benefit? What if it could help you meet your financial goals during your lifetime and help you set up your family for success after you pass? Well, let’s …

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CARES Act Impact on Retirement Plans and Your Once in a Lifetime Chance With high unemployment rates in the U.S., individuals are seeking access to savings accounts to sustain their family and/or business during the pandemic. Many are turning to their 401(k) retirement accounts as a financial safety net. Thanks to the CARES Act, many …

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Universal life insurance became a popular life insurance policy in the 1980s. These policies differ from the common term life insurance policies or whole life insurance policies. So what is universal life insurance? Read on to learn about what it is, how it differs from other policies, and the challenges with this type of …

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Have you ever wondered, “Should I pay off my mortgage early?” Many homeowners ask this question because they want to get ahead financially.  My Mom and Dad paid off their first home in 5 years. They wrote a check and bought their second home with cash – a beautiful, 2 story brick home on 3 …

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  A Formula for Financial Peace of Mind We Design Financial Solutions and Life Insurance Schedule Appointment » MEET WITH THE MCFIES FOLLOW THE FORMULA GROW YOUR WEALTH The Financial System in America is NOT Designed to Make You Wealthy! Banks are paying next to NOTHING Typical financial planning isn’t working Investing is risky and …

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What are you really worth? Americans used to save over 14% of what they made, but now Americans are hardly saving at all. Many people don’t feel they are worth anything, and hence they don’t save anything. This is tragic! How much should you save? Some say you should have enough saved to live on …

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It can be tiring to say ‘no’ when your children ask for bubble gum in line at the store, for a new toy when you’re grocery shopping, or for other miscellaneous expenses. If only your children could understand how money works, and the importance of saving. Then maybe you wouldn’t always have to be the …

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It is amazing what people believe they are worth.  Surprisingly, many believe that paying 12 percent or more on a credit card is worth more than keeping 10 percent of their income for themselves to rely upon when they will no longer be able to work as long or as hard as they currently work. …

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