Nelson Nash: A Tribute To A True Safe Money Hero

"Plan as if you are going to live forever and live as if you were going to die tomorrow" Though not an original quote, Infinite Banking Concept ® founder R. Nelson Nash was often heard to remark, “Plan as if you are going to live forever and live as if you are going to die [...]

By |2019-03-30T16:31:09+00:00March 30th, 2019|Retirement Planning|

What is the color of your money — Red or Green?

Has a financial professional ever asked you what the color of your money is? Many investors are unfamiliar with this terminology. Most individuals have not heard of this because their financial advisers are more interested in discussing the specifics of a certain product rather than how you will benefit from that product. What I see is that focusing on product versus color can have a negative impact on your retirement.

By |2019-03-06T00:11:46+00:00March 27th, 2019|Annuities, Financial Planning|

The Stock Index & How History Can Make You A Smarter Investor

The stock index & how history can make you a smart investor “The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go."- Benjamin Graham [...]

By |2019-03-26T20:17:17+00:00March 26th, 2019|Investing|

Downside Protection And Guaranteed Lifetime Income

Protection against loss and lifetime income!  How can those guys do that? Of all the many wonderful features of Fixed Indexed Annuities (FIAs), perhaps the two most significant features are downside protection of our retirement assets from market volatility along with guaranteed lifetime income. Yes, even if you live to be 100 or more and [...]

By |2019-03-25T16:25:04+00:00March 25th, 2019|Annuities|

Do I Need Dividends in My Retirement Portfolio?

Can you depend on company dividends for your retirement income?   The definition of a dividend is payments made by a corporation or organization such as a mutual life insurance company to its shareholder members. It is the portion of corporate profits paid out to stockholders for their investment in the company. Dividends are taxable [...]

By |2019-03-25T21:13:51+00:00March 25th, 2019|Retirement Planning|

Max Out Your 401(k)

....when should you and when should you NOT max out your 401k plan? 401(k’s) differ from IRA’s in one significant way: 401(k)’s allow current workers under 50 to put away up to $18,000 a year. For those over 50, a special “catch-up “provision will let them put in an additional $6,000, raising that threshold to [...]

By |2019-03-25T05:59:03+00:00March 24th, 2019|401(k) Rollovers, Retirement Planning|

Distribution With Diversification Or Distinction?

Which method will serve you better in retirement?   Those approaching or in retirement may seek the highest returns possible for many reasons, such as leaving behind a large legacy or traveling around the world. Sometimes it may be just to stay ahead of rising healthcare costs, inflation, and taxes. At this stage of life, [...]

By |2019-03-23T06:41:34+00:00March 23rd, 2019|Annuities|

Rich Get Richer, Poor Get Poorer – What about the Middle Class?

In September 2013 a UC Berkeley study found that the wealthiest 1% of Americans saw their income grow by 31.4% between 2009 and 2012. Also it was discovered that income inequality in the United States was the highest since before the Great Depression. One reason why most in the middle class cannot move to a loftier position is our tax system. Workers are taxed at a different rate than investors — the difference between earned income and dividend and capital gains taxation is significant.

By |2019-03-21T22:50:43+00:00March 21st, 2019|Financial Planning|

Roth IRAs, IRAs, 401(k) and Account Conversions

The big difference between the Roth IRA and other retirement accounts is that rather than receiving a tax break for monies placed into the account, you receive the tax break when you withdraw the money. Why is this difference important? Like any other choice based around tax issues, the more funds that have a tax advantage, the better the net results. Using a Roth IRS’s long term accumulation allow for blending this tax free income with other assets which may have more tax liability.

By |2019-03-22T20:47:12+00:00March 21st, 2019|Financial Planning, Retirement Planning|