What’s Your Budget for Cash Value Life Insurance?

What’s Your Budget for Cash Value Life Insurance

I know it seems like a question that Fast Eddie would ask you as soon as walked onto the used car lot.  You know the drill, “So how much are you looking for your monthly payments to be?”

Yeah we’ve all heard that classic line.  And no that’s not exactly what I’m talking about but I discovered just a couple of weeks ago that I can sort of sound that way at times.

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022 Sittin’ Out On the Rocking Porch

022 Sittin’ Out On the Rocking Porch

In this broadcast of the Financial Procast:

Americans are prematurely breaking into their 401k's to the tune of $70 billion in annual outflows

Are your job prospects dashed after 50?

Millionaires aren't nearly as rosey about the market as their advisors

The 7 most common lies Americans tell themselves about retirement.

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Life Insurance Companies Hate Being Compared

Life Insurance Companies Hate Being Compared

It’s our practice to compare all the companies that may have a chance of providing the best solution for our clients.  Some people have a preferred bias toward using participating whole life insurance as their choice for cash value life insurance while others lean more toward using some type of universal life insurance.

Quite honestly, we don’t feel there’s a right or wrong answer here.  Both types of policies will work well with a cash accumulation strategy so long as the policies are structured properly.

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Do we need more life insurance agents: Northwestern Mutual to Hire Over 5,000 This Year

Do we need more life insurance agents

A couple of days ago this headline appeared on my google alerts that are automatically shuffled to my inbox.  I thought sure this is a mistake.

But no, it’s not…here’s a link to the story so you can read all about Quiet Company’s grand plan.

The official word from Mother Mutual is that they had a banner year for recruiting in 2012, hiring over 5,000 new agents or as they call them “financial professionals”.  So, naturally they gotta raise the bar…right?

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