Planning for Retirement and future Passive Income are top priorities for many people we talk with on a weekly basis.  Today on Wealth Talks, discover why the “4% rule” is no longer relevant and some things you can do now to start planning proactively for your future. Also see: Retirement Remastered – Smart Strategy for Passive Income in Your Golden …

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Everyone talks about retiring someday, dreaming about how it’s going to be.  No alarm clock, no schedule, no boss, no worries and not a care in the world.  To some this means golfing daily. For others it might include traveling, more time with grandchildren, volunteering, or taking on some new and distinctive responsibilities.  Yet there …

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Fees, fees and more fees seem to be the norm when planning for your retirement.  Which leads one to ask, “Are there any specific restrictions on how many fees or how big the fees can be?”  And the direct answer is NO!  However, the Securities and Exchange Commission (SEC) does confine how large a fee …

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Tom and John McFie talk about Retirement and Qualified Plans, and what is happening to American’s savings, Social Security, and Retirement. So what should people do to avoid this? Asks John. Tom shares the Financial Solution that creates Wealth, Money and Freedom that he discovered when he was 45 years old. Transcript: Tom: Welcome to …

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In today’s financial landscape, it’s common to encounter agents or brokerages advocating for premium financing to boost life insurance coverage. It seems like an attractive proposition, offering more protection without a hefty price tag. However, there’s a catch. When you rely on borrowed funds, there are always associated costs. It’s essential to thoroughly understand …

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Table of Contents: What Is Passive Income? 10 Passive Income Ideas To Build Wealth How Taxes Play Into Passive Income Using Life Insurance To Cover Assets Moving Forward Passive income stands as a crucial strategy in wealth accumulation and retirement planning. It operates as a means to generate earnings with minimal effort, akin to accruing …

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Nearly seven out of ten people look back at buying their homes and say, “Oops, I wish I hadn’t done that.” Surprising, right? Well, a whopping 68% express regret over their home purchase, mainly because they saw others suffer during the 2008 economic downturn and the following recession, and now they’re like, “Maybe I shouldn’t …

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In 2004, we bought a house for $304,000 with no down payment and a 30-year mortgage at a 4% annual interest rate. This set our monthly mortgage payments at $1,451.34. You can verify these figures using mortgage calculators like the one available on Dollartimes. Fast forward 16 years, and the value of our house had …

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Table of Contents: Understanding Your Financial Position Understanding Your Cash Flow and Foundation for Investing Setting Your Financial Goals Choosing Your Investment Approach Risk Tolerance Investment Accounts Exploring Investment Options Using Life Insurance as a Financial Tool Summary Deciding the most effective way to invest $10,000 isn’t straightforward. If someone offers you a quick, one-size-fits-all …

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Life insurance stands as a cornerstone in safeguarding your family’s well-being, securing your financial future, and crafting a lasting legacy. Andrew Carnegie esteemed life insurance as the “fourth pillar of Americanism,” underscoring its foundational role. While many associate life insurance primarily with its death benefit, its impact stretches far beyond that, providing a safety net …

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