If you believe the government needs to figure out a way to help you better fund your retirement, you probably should just skip this episode. On the other hand, if you’d like to hear us discuss a recent survey regarding retirement preparedness and how 80% of Americans believe the government needs to fix their problem, …
In episode 59, we’re not directly discussing the finer points of cash value life insurance. Just thought I’d get that out of the way in the spirit of full disclosure. No, we’re adding another episode to our Soapbox Series. It actually comes on the heels of a private discussion Brandon and I were having about …
Typically when someone says, “we’ve decided to go in a different direction” I get the image of sitting in the conference room of my very first job post-college. The conference room was affectionately known as the “fish bowl” because it was all glass and all of your co-workers could gawk at you being admonished by …
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The debate between life insurance company structure rages on into the 21st century. It's not as big a headline as it once was in the industry.
So, does that mean that we've decided that it really doesn't matter? Obviously, there are real structural differences in the capital structure and there are perceived differences in the culture of the two types of life insurance company, but are there any real, practical differences?
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After taking another week off from recording a podcast we're back and we're taking another slight detour from diving into the minutiae of life insurance. Not to worry, today's episode is related to life insurance but the relationship is tangential.
Something we've seen repeatedly over the last several years is a notion that taking baby steps with your finances and in particular your saving habits is something to be praised. Now, we're always in favor of consuming less and saving more. So don't get any ideas that we're knocking a philosophy that seeks to improve financial behavior.
Our problem isn't with the philosophy of consuming less.
Today’s episode is not one of our episodes where you’re going to get a bit-by-bit breakdown of a life insurance policy or concept totally dedicated to life insurance. No, today we get into a discussion that keeps popping up and that is one of designing the financial planning process to work as a more systematic …
Sorry to disappoint you–we don’t have any free beer or life insurance. But we do have our first podcast of the new year and it’s a good one. Something we don’t often discuss oddly enough in our podcast that discusses life insurance…the death benefit. Typically, the death benefit is a secondary and necessary component of …
Something we hear and/or read repeatedly is that a life insurance contract is simply too complicated for any mere mortal to understand. The complexity is just too great. How could ever understand what you’re actually buying? We don’t disagree that if you were to sit down and ready your policy from cover to cover it …
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We’ve discussed “Sequence of Returns Risk” numerous times in the past, but most of those discussions focused on how this phenomenon affects your assets in a draw down period (i.e. a time when you are spending the money you saved to cover expenses and/or generate income).
Today we want to talk about sequence of returns in a slightly different light and note a problem it poses for all savers while they are attempting to accumulate more value in their portfolios.
One question that we seem to get repeatedly is, “Should I put all of my emergency fund into a whole life policy?” The first few times we got this question we figured maybe it was just coincidence? But, after having been around ye olde interwebs for over five years now, and talking to over 1000 …
