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Now displaying: July, 2019
Jul 30, 2019

Life Insurance, Index Funds, Mutual Funds, Low Fees, Lower Fees, - hey even Negative Fees now! 💫 Risk, Risk Management, Risk tolerance... how in the world do you know what to do, let alone know how the results will turn out?

Only by building on a foundation of Guarantees can you navigate the financial world with any sort of confidence. No mortal can tell you exactly how the future will turn out. Accept this truth and protect yourself from volatility, then take a cue from 🍔 Burger King and 🍟 McDonalds, and you’ll be able to bypass most financial advice (and shenanigans) no problem.

Truth can be tricky to search out; it is very simple and logical when you find it. Manage your own money and this can mean lots of extra $ that stay in your pocket rather than subsidizing superfluous money managers.

Jul 23, 2019

In this episode:

Life Insurance Companies are updating their products for the latest 2017 CSO Mortality tables (CSO = Commissioners Standard Ordinary). The previous major CSO tables were assembled in 2001. There are some changes that will affect new policy values because people are living longer now. Listen to hear what these changes mean for you.

Special history on the Apollo 11 astronauts! (timecode: 4min 37sec)  🚀 As we celebrate their achievement with the Moon landing 🌙 and their safe return to earth 🌎 50 years ago this week, it’s a great time to reflect on how the astronauts planned for their families just-in-case they did not make it home alive.

These 3 heroes could not qualify for Life Insurance, but they did have the brilliant values to protect their families before they left on the dangerous and historic trip to the Moon.

Jul 16, 2019

Deferral has been called “magic” 🎩 in the financial world. Deferral can help you accumulate more money, but will it actually provide you more money to use? This is a gamble on where tax rates could go and how the market might perform.

Where are taxes going in the Future? Listen for what you should consider before jumping on the Tax Deferral bandwagon. Just because “everyone is doing it” doesn’t automatically make deferring your taxes the best thing to do.

Right now, Congress is contemplating changes to deferral/distribution rules such as the “SECURE” Act which has passed the House of Representatives and sits in the Senate. If you have deferred taxes over your lifetime, it’s worth considering the possible outcomes while there’s still time to make some changes before you actually need the money.

Don’t gamble with your with your financial future! Make sure you have a guaranteed foundation of at least some money you can access tax-free. This gives you better options for your Passive Income and providing a legacy.

Resources:

The Big Bank Bailout - Forbes.com Article

Come on the Wealth Cruise October 2019 - Link

Jul 10, 2019

Did you know that nearly 3 out of every 10 people provide care for chronically ill, disabled or aged members of their family? 😨 It’s true, and more than 1 out of 10 of these family caregivers provide 40 or more hours of care per week!

 

Whether you’re directly providing this care or financing the care for your family - this can really affect your finances FAST. But your retirement and legacy shouldn’t have to suffer for this important priority IF the family plans ahead.

 

Don’t wait until it’s too late. Explore the options and get perspective for your family plan.

 

There’s a good case for Adult Children to Insure their Parents, but this isn’t always possible. Even if parents don’t want to leave a legacy, the best solution includes a way to restore the financial burden resting upon family care-givers (or care-financiers).

 

Resources:

The Case for Insuring Parents and Loved Ones - Article on InsuranceNewsNet.com

Get a Life Insurance Quote

 

Wealth Workshop in Bellingham, Washington July 27th

Wealth Cruise October 2019 - See Event Details

Jul 2, 2019

Happy Independence Day! 🇺🇸 It's a great time to consider how you exercise your Financial FREEDOM.

Financial planning used to be simple. Today there are infinite possibilities - some good - some bad.

You want sustainable Passive Income in your Golden Years? Now is the best time to optimize your money - create stability and better options for the future.

This is not as hard as you might think. Traditional tools with solid guarantees are still the best way to build your foundation.

Also a follow up to last week’s show… people say “you won’t need a Life Insurance Death Benefit” in the future - discover why this is probably not true. Of course a life insurance death benefit can be income tax free, but that’s not all. Listen and discover another role where a permanent death benefit can become a unique planning tool for your future and passive income.

 

Resources:

How Much Will You Need for Retirement - Podcast

Retirement Remastered - Smart Strategy for Passive Income in Your Golden Years - Article

Wealth Cruise October 2019 - Info Link

Coming soon - a video bringing unique perspective to how you want to manage your finances. Subscribe here for updates

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