Blog
Financial thoughts, tips and tricks for you to consider.
Now is always better than later.
When it comes to life insurance, now is always better than later. You can’t purchase home insurance when your house is on fire. And you can’t purchase life insurance if your health has declined significantly. I have personally seen how waiting to purchase insurance...
Insure Your Lifestyle
As a Wealth Strategist the number one question I get from people approaching retirement is, “How much do I need to retire?” And far too often we are not having the “What’s my number?” discussion early enough in the financial planning process. Real Estate has...
4 things you should know about your term insurance
Find out if you have a convertible feature. When shopping around for term insurance it would be a mistake to go for the cheapest policy. As is often said in life, you pay for what you get. The cheapest term insurance policies have no conversion features. You...
You Don’t Know Jack
Jack is 45 and he just purchased $1,000,000 of Term 20 insurance. He pays $1,930 to the insurance company every year. The plan is to drop the insurance after 20 years. His family won't need it. Mortgage will be paid off. Wealth will be amassed. Children are through...
What The Wealthy Know About Life Insurance
If you have ever thought that life insurance was something you wouldn't need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals still carry large amounts of insurance. While life insurance is most...
You Can’t Handle The Risk
When I ask clients if they can handle risk, they usually say yes. Well let’s test that hypothesis then shall we. In 2008 did you get into the market or out of the market? How about 2020? If you got out of the market, then you can’t handle risk. If you invested more,...
The Thing Most Often Omitted In Retirement Plans
Most of us assume that once our children are grown and we enter the retirement phase of our life we no longer need life insurance. This is one of the reasons term insurance is often recommended. However, in reality the exact opposite is true. Life insurance can and...
Why Real Estate Investors Should Own Infinite Banking Policies
Real Estate is a core foundation of our clients’ wealth plans. They generally rely on the income and appreciation in a significant form in retirement. However, we are well aware that things don’t always go as plan and we use infinite banking policies as a way to...
Safe Withdrawal Rate
If you are not familiar with the term “Safe Withdrawal Rate” you should be. Its the key factor to guide you in determining how much money you can withdrawal from your savings each year once you reach retirement. Nobody wants to run out of money. So using this...
