Retirement Plan

retirement savings

Retirement Savings

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 →

Retirement Ready

Retirement Ready or Not?

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?

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 →

The Power of Zero

The Power of Zero

On: April 29, 2019

In: debt, Financial Planning, interest, Retirement Income, Retirement Plan, Taxes

The Power of Zero lays out the problems ahead for Americans during retirement. And, what you can do to avoid paying more in taxes than necessary by getting into the 0% tax bracket. Plan for a secure retirement in the 0% tax bracket.Read More →

Retirement Risk

On: January 28, 2019

In: Finance, Financial Planning, Financial Strategy, Inflation, Money Solutions, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

Retirement risk can threaten retirement and reduce income. Learn how to avoid running out of money during retirement and find opportunity by being liquid.Read More →

retirement-tax-bomb

Retirement Tax Bomb

On: April 4, 2017

In: Permanent Life Insurance, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

RETIREMENT TAX BOMB
IRA/SEP/401k Tax Liability

Is your IRA/SEP/401k a retirement tax bomb? Parachute out safely using our custom designed whole life insurance plans.Read More →

"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

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