Insurance

June 17, 2021

The Answers to 46 Frequently Asked Questions about Retirement

1. Where will my retirement income come from? Many retirees receive income from 4 main sources. 1 1) Personal savings and investments 2) Earned income 3) Company pension benefits 4) Social Security income 2. How much will my income need to increase to keep up with the cost of living? The annual increase in the cost of living (as measured by the Consumer Price Index 2 ) has fluctuated but has averaged between 2% and 3% over the past 30 years. Financial professionals recommend that retirees compensate for inflation when preparing retirement income projections. 3. If inflation averages 3%, how […]
June 17, 2021

How to Be 30% and 50% Happier in Your Retirement

It’s not all about the money.  Yes, money is important, but the quality of life determines how happy you are in retirement.  Seven things you can start on today to live a happier retirement. Zig Ziglar once said that “Money isn’t everything, but it sure ranks right up there with oxygen.”  While having more money than you need in retirement is comforting, more and more of the 80+ million boomers that are marching into retirement are realizing that it’s not all about the money that makes for a happy retirement.   This report will highlight six areas that you can target […]
August 2, 2016

Whole Life Insurance – It Just Plain Sucks

Yes, I said it. Whole Life Insurance Just Plain Sucks! My Mom always told me to never use that word.  That it’s not proper or nice to use.  And I agree, unless something really does suck.  And whole life fits the bill. From my seat as a Certified Financial Planner™ practitioner, many people have brought in their whole life statements over the years.  Typically they were sold their whole life policy by a college buddy that was just getting started and they wanted to help them out.  Others are successful business owners that needed some form of insurance and they were […]