(Complete Show Notes Below) In the 50th episode of the Financial Procast: Why is Income in Retirement so Different? In today’s broadcast of the Financial Procast, we head off into some deep water with a lengthy discussion surrounding retirement income. What is it about retirement that makes everyone think their life is going to magically …
Yeah you read that right. In a recent story over at CNBC, How to Invest for a (Mostly) Tax-Free Retirement life insurance is actually given a little a tip of the hat! Clearly, the world is coming to an end. The mainstream financial media usually takes great pleasure in beating up on whole life insurance and …
Estate planning is a subject that traditionally incites images of stuffy topics that require obtuse attorneys who spend all of their time fascinating over abysmal tax implications. While this assumption about the topic isn’t unwarranted, it’s a tad incomplete. Estate planning is a subject that will infiltrate everyone’s life and how you choose to address …
Contrast all the noise about your 401k with the deafening silence of financial pundits discussing how to protect your retirement plan with disability insurance. No one can deny that we place a tremendous focus on the accumulation of retirement savings in our country. I think we’ve pretty much all accepted the fact that we have to …
Following up on the Cash Value Life Insurance as an Asset Class post, I wanted to spend some time talking about how Cash Value Life Insurance get’s used for retirement and wealth accumulation. Believe it or not, there’s not a lot oversight when it comes to the financial services industry when it comes to what …
If you’ve spent any time reading the financial press you’ll likely notice that Americans are chronic under-savers and this spells bad news for retirement. In fact, it turns out we’re so bad we recently reviewed a lot of the ideals Alan Greenspan championed and it turns out he might not have been exactly right (or …
Building a substantial wealth portfolio involves strategic planning and understanding of various financial instruments. Tax-free wealth strategies are essential to this planning, offering avenues to grow your investments while legally reducing taxes. By employing tactics focusing on tax-exempt securities such as municipal bonds and considering life insurance policies with cash value components, you can enhance …
When it comes to life insurance, there are several options available for those seeking coverage. Two popular choices are whole life insurance and indexed universal life insurance. However, there is another option that you may have come across: variable universal life insurance. While it may appear appealing due to its flexibility and potential for cash …
Market corrections happen. Given their frequency, the chances are very high that you will live through a few of them once retired. This can be a scary prospect for a number of people. According to Charles Schwab Research, and reported on by Forbes, retirement accounts that cannot keep up with income needs is one of …
Life insurance agents often talk about internal rate of return (IRR) when discussing cash value life insurance. The term may appear exotic but put in simpler terms, it’s the rate of return you are achieving on the premiums that you pay into the policy. Equipped with this information, we can compare how putting money into …
