Health Insurance Expense Is Becoming A Major Concern

As with most Americans, I have been stunned by the continued cost of health insurance premiums as well as the decline in covered benefits. Recently, I was due for an annual checkup with my physician. What I wasn’t prepared for was the amount of out of pocket costs I was billed. Not only had my [...]

By |2018-11-02T14:02:00+00:00August 28th, 2018|Insurance|

The New Retirement Age is 70

For decades, Americans considered 65 years old to be the year of retirement. Over the past decade or so, we have witnessed a transformation in the views towards retirement and retirement ages due partly to demographic changes in the population (notably longer life expectancies) as well as economic conditions. Even while the market’s bull run [...]

By |2018-11-02T14:00:44+00:00August 27th, 2018|Retirement Planning|

Is The Stock Market A Ticking Time Bomb

On March 9, 2009, all of the Wall Street gurus agreed that this was the first day of our current bull market. We had just came out of one of the worst financial meltdowns, and now America was ready for a strong bull market run. The DOW JONES closed that day at 6,547 points and [...]

By |2018-11-02T14:00:05+00:00August 21st, 2018|Retirement Planning|

Be Cautious Of Those Bearing Financial Advice

A recent report from the Government Accountability Office (GAO) revealed a considerable deficiency in the amount of savings set aside for retirement.   The report showed that in the group of 55-64, almost 55% of those households had little or no money set aside for retirement. For those who have saved for retirement in that age [...]

By |2018-11-02T13:58:56+00:00August 18th, 2018|Retirement Planning|

Safeguard Your Wealth With Required Minimum Distribution Strategies

              These days most of us know that contributing to pre-tax retirement accounts like IRAs and 401(k) plans allow us the ability to receive upfront tax deductions and to enjoy the tax-deferred growth as long as the investment remains in the account. For that building retirement wealth and income, [...]

By |2018-11-02T13:58:23+00:00August 14th, 2018|Financial Planning, Retirement Planning|

Life Insurance Benefits Optimization Opportunities

As we age, the need for a life insurance policy can change. Numerous opportunities may exist for you to make changes to your current life insurance policy to establish a different type of benefit.  •    Exchange: Exchange your life insurance policy for an annuity to develop an income stream. The life insurance cash value will [...]

By |2018-08-18T21:44:03+00:00August 14th, 2018|Insurance|

12 B-1 Fees And Distrubution Fees In Mutual Funds

Distribution fees in mutual funds are designed to cover ongoing marketing and support cost for services provided to owners of mutual funds. Distribution fees are paid to the sales organizations that provide the clients for the mutual fund company. 12 B-1 fees are subtracted from the mutual fund owners share value. These are fees paid [...]

By |2018-08-18T21:42:32+00:00August 10th, 2018|Investing|

Whole Life Insurance Or Term Insurance- Which Is Best?

An easy example of which to choose is based on a very hard to answer a question. How long do I need the protection? One fundamental thing to understand is that life insurance is not an investment, regardless of what an insurance agent tells you. Life insurance is for protection and protection only. The two [...]

By |2018-08-18T21:40:13+00:00August 10th, 2018|Insurance|

A Physicians Career and Protecting Your Retirement Funds With Fixed Indexed Annuities

  Imagine the life of a physician. Many years of study, financial hardships, long time periods as a resident, then a physician has to build a practice, investing more money and dealing with government regulations. Being a physician is not for everyone, and it is a tough career choice., but for many, it is also [...]

By |2018-08-18T21:34:15+00:00August 10th, 2018|Annuities|