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Financial Planning

retirement savings

Retirement Savings

2024-10-15
By: Barry Page
On: October 15, 2024
In: Financial Planning, Life Insurance, Retirement, Retirement Income, Retirement Plan, saving, Taxes, Whole Life Insurance

Considering retirement savings, we must take the time to plan for the future. There are too many risks involved and too much responsibilty to let it happen by chance.Read More →

Cash Value, Whole Life Insurance for Today

2024-05-31
By: Barry Page
On: May 31, 2024
In: Financial Planning, Infinite Banking, Whole Life Insurance

Cash value, whole life insurance can provide certainty in an uncertain world. And once in-force, you can start using it today! Whole life insurance offers permanent protection and coordinates with your other assets by providing protection, growth and significant tax benefits. In this short video, Barry Page explains the benefits of cash value, whole life insurance and how you can use it for Infinite Banking. “The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings.” Paul Volcker, former Federal Reserve Chairman Real Benefits of Cash Value,Read More →

disability risks agent

Risks of Disability

2023-11-30
By: Barry Page
On: November 30, 2023
In: Disability Insurance, Finance, Financial Planning

The Risks of Disability

What are the risks of becoming disabled? Disability happens to more people, more often than you may think, and it lasts
longer too.Read More →

home mortgage

Mortgages and Wealth Transfers

2023-01-17
By: Support
On: January 17, 2023
In: debt, Finance, Financial Strategy, Inflation, interest, mortgage, Taxes

Home Mortgages and Wealth Transfers originally posted from MoneyTrax and Don Blanton

Mortages

We are of the opinion that everyone should have their home paid off and paid off as fast as possible—but choosing the right loan to accomplish that can be confusing.Read More →

financial planning

New Year, New Financial Plan

2023-01-10
By: Barry Page
On: January 10, 2023
In: Finance, Financial Planning

The new year gives us the opportunity review our current plans and if necessary, implement a new financial plan.

For families and business owners, having an effective financial plan can allow you to establish goals and track your progress. Furthermore, implementing this plan doesn’t have to be hard or complicated.Read More →

business-plan

Business Exit Plan – Continuation Strategies for Business Owners

2022-08-30
By: Barry Page
On: August 30, 2022
In: Finance, Financial Planning, Financial Strategy

With any business, an exit plan or continuation strategy can make all the difference. How to make choices for the future of your business.Read More →

Retirement Ready

Retirement Ready or Not?

2021-01-18
By: Barry Page
On: January 18, 2021
In: Finance, Financial Planning, Retirement, Retirement Income, Retirement Plan

Retirement – Ready or Not? Are You Prepared for Retirement? Watch this video, schedule a consultaton to determine your retirement readiness.Read More →

Confessions of a CPA The Capital Equivalent Value of Life Insurance

How Much Does It Take To Retire?

2020-07-02
By: Barry Page
On: July 2, 2020
In: Financial Independence, Financial Strategy, Life Insurance, Money Solutions, Permanent Life Insurance, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

Capital Equivalent Value of Life Insurance – How Much Does It Take To Retire? Capital Equivalent Value is the financial comparable worth at retirement. Read More →

cyber-monday-financial-book-sale

Cyber Monday Financial Book Sale

2019-12-02
By: Barry Page
On: December 2, 2019
In: Finance, Financial Independence, Financial Strategy, Infinite Banking

Cyber Monday Financial Book Sale. All books half-price on December 2. Stay at home and shop online for great deals on gifts.Read More →

Whole Life Insurance Quotes

Whole Life Insurance Quotes

2019-09-17
By: Barry Page
On: September 17, 2019
In: Finance, Financial Planning, Life Insurance, saving, Whole Life Insurance

People often want to compare whole life insurance to term life insurance, when there really is no comparison, in fact whole life insurance quotes are senseless.Read More →

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Writing On the Wall

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." David Walker, Comptroller General of the United States "The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings." Paul Volcker, 1999, former Federal Reserve Chairman "My friends, there is good news and bad news. The good news is that the full faith and credit of the FDIC and the U.S. Government stand behind your money in your bank. The bad news for you, my fellow taxpayers, is you stand behind the U.S. Government." L. William Seidman, former head of the Federal Deposit Insurance Corp. (FDIC) "In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as the aging of our population." Ben S. Bernanke, Chairman of the Federal Reserve System "Because the Social Security trust fund does not consist of real economic assets, we are left to rely on the federal government's future decisions to either raise taxes, reduce spending or increase borrowing from the public to finance fully Social Security's promised benefits." Paul O'Neill, former Treasury Secretary "As a nation we have already made promises that we will be unable to fulfill." Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve System

Readers asked…

How can life insurance help during retirement?

“Life insurance is a private contract between the owner and an insurance company. In exchange for a payment, the insurance company is legally obligated to provide you with benefits pursuant to the contract. Specifically, these benefits can be utilized to pay expenses for long term care, as a hedge against inflation, and as a regular, predictable, and reliable income stream for life.

It’s basically a private contract that allows you to have your dollars work harder.

The primary reason people buy life insurance is to protect their loved ones from loss, however perhaps it’s best kept secret is that it can be used to provide a steady, tax-free stream of income during retirement.

There are various types of life insurance: term, permanent, universal, variable and index. Each has its own benefits, and should be configured to fit your goals.”
~Barry Page

Contact Information

Legacy Insurance Agency, PLLC
2600 Government St
Ocean Springs, MS 39564
(228) 875-5545 phone

www.legacyinsuranceagency.com 

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