Setting up the Gift of a Lifetime
One idea that we would like to share with the advisors we work with is a concept that many people have found to be worthwhile. We call it, Gift Of A Lifetime or GOAL.
It’s Personal. It’s not just Business.
I want to talk about a phrase from The Godfather. The phrase is "It's business. It's not personal."
Big Picture Planning
When we look very closely at things, we sometimes get a distorted view. Let's say we are looking closely at the ground. If we place a level on the ground, we can see that the earth we are walking on is flat. But as we move up and away from the ground, eventually we can start to see that the earth is actually not flat, but is round.
A New Solution to an Old Problem
The world of long-term health care continues to rapidly evolve as people are living longer and longer, and retirees face challenges regarding how best to protect their wealth from the cost of long-term care.
Concerned About Having a Sustainable Retirement Income? Watch this!
I want to introduce our 3-part video series called, Retirement Risks. These videos go into depth on some of the planning that we think is critically important for generating a sustainable retirement income that you can enjoy for the rest of your life. I hope you find these videos useful.
The Rock and the Ripple
That ripple effect is an analogy I want to utilize in our discussion about what happens to a family when they properly protect themselves with permanent life insurance – and in particular, whole life insurance.
Why Do Wealthy People Need Life Insurance?
Why would well-educated, smart, successful, wealthy people buy life insurance? If somebody dies, there is plenty of money for the family. Life insurance for the wealthy is a tool with a multitude of uses.
Disability Income Insurance Series – Part 2
What are the different types of disability insurance that somebody can purchase? A lot of times people just think it is individual income replacement in the event that someone becomes too sick or hurt to work. However there are a variety of different types of disability insurances that a person can choose to purchase if they qualify, and each of these disability policies solves a different need.
Disability Income Insurance Series – Part 1
If you ask people, especially highly compensated employees, about their group disability plan at work, most of them shake their heads and say “I’m good, I’m set, I have it.” But they don’t really understand how their group Long Term Disability (LTD) Plan works in the same way that they understand their group health and 401(k).
Have You Planned for Your Retirement? Part 2
As outlined in Part 1, given all the factors that need to be considered in order to plan for your retirement, there is really no way to determine what is the exact right amount of money. There are, however, certain things that you can do to position yourself in the best possible way.