It occurred to me recently that 2018 marks a milestone anniversary for me. I’ve now worked professionally in the financial services/insurance industry for 10 years. That’s 10 years of being paid to assist people to navigate various financial mazes. Most usually the primary topic at hand is life insurance, but there are plenty of circumstances …
I know, when you see a title that includes “income planning” you begin to wonder… “Isn’t this a podcast about life insurance?” Yes, it is. And we are talking about life insurance, annuities, etc. in the episode as we wrap up this discussion about income planning. But we felt like it was really important to …
First, if you haven’t listened to the previous episode (IPB 025), you really should. That episode will provide a bit of context for today’s episode. I’m sure that most people who frequent this site and listen to our podcast assume that we think life insurance is a virtual financial swiss army knife. And while it is …
The National Institute on Retirement Security released data during the first quarter of this year looking at how American’s view retirement and specifically retirement preparedness (or the lack thereof). The outlook is grim.
A lot of Americans are struck ill thinking about how much money they need to retire. Several trade associations within the financial services industry have noted the lack of preparation both consumers and financial advisors et. al. have as it relates to turning your heard earned and saved dollars into retirement income. This problem has …
Using life insurance to generate retirement income is a slightly advanced subject within the world of financial planning. Stock jockeys hate it, and life insurance agents love it. No surprise there. So, is there something that life insurance brings to the table that is truly special, or are you better off betting your chips on …
In the past few years, you’ve probably heard the buzz about “alternative investments.” So, what are they, anyways? In the highly regulated world of investments, there are a few specific things that are typically referred to as alternative investments: hedge funds, non-listed REITs, private equity, gold, fine art, vintage Ferraris, wine, etc. You get the …
How to Use Life Insurance to Create Tax-Free Retirement Income By: Brandon Roberts & Brantley Whitley of The Insurance Pro Blog 1. The federal government has a plan. Whether or not you choose to accept it–is irrelevant. As the late Senator, Daniel Patrick Moynihan, once said: “Everyone is entitled his own opinion, but …
Having tax free retirement income eliminates a large degree of risk from your life. We’ve probably all seen the historical tax rate chart that show us the ebbs and flows of income tax rates over time. If you could put yourself in a position where you are not subject to the whims of these tax rate …
We’ve definitely not shown a lot of love and admiration for the old 401k Plan around here. While there may be circumstances where contributions to a 401k make sense (though relatively few circumstances) we would be remiss not to point out that 401k’s and their sister products (e.g. 403b’s, 457’s, etc.) aren’t the only wholesale …
