Term Life Insurance: Advantages and Disadvantages

Term life insurance is often Less expensive than other types of insurance, especially when the insurance is purchased while the policyholder is younger in age. Because of its affordability, it can be a good choice for short-range goals, such as until your youngest child finishes college, while you pay off a loan, extra insurance protection during child-raising years or until you are able to afford a more permanent type of life insurance. The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance you need.

By |2019-04-13T22:18:23+00:00May 14th, 2019|Insurance|

10 Retirement Planning Mistakes and How to Avoid Them

We all dream of retirement and spending our time as we see fit, but making that life changing decision prior without fully understanding the consequences can be an error. Compared to other cultures and countries, The US lags behind in the percentage of funds saved.

By |2019-04-14T22:06:44+00:00May 14th, 2019|Retirement Planning|

The Float, Warren Buffett, Annuities and You

The use of the money known as the “float” allows the insurance company to use the funds for investment. If a claim is never paid, the float can become a significant amount of investible capital. Warren Buffett discovered this concept years ago and has used the float to increase his investible assets.

By |2019-03-04T02:14:19+00:00May 13th, 2019|Annuities|

Investing Can Be Risky….Maybe Not!

The current state of the world economy is about as volatile as it has ever been since WWII. Many investors have run to safety and made huge purchases in the only one really safe vehicle available-US Treasuries. Buying Treasuries is definitely a safe investment option….or is it? It is true that US Treasuries carry no risk, no risk in your investment being lost. However, there is another risk associated with investing in US Treasuries.

By |2019-03-04T19:24:37+00:00May 13th, 2019|Annuities|

Corporate Bonds, How Safe are They and What Happens if a Company Defaults.

Bonds are backed by the financial strength of the bond issuer. If the bond issuer is not able or chooses not want to pay, a bond can be in default. The reasons for default can vary from inability to pay to a desire to reduce the actual bond’s obligation. While US Treasury securities never default, corporate bonds default on a regular basis.

By |2019-04-09T21:03:31+00:00May 12th, 2019|Financial Planning|

Avoid Unnecessary Probate Expenses and Time Delays With This Simple Planning Tip

When you open a retirement savings account (such as an IRA), you have the option of naming a beneficiary. This beneficiary designee stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedence over a will, because retirement accounts do not fall under probate.

By |2019-04-14T22:14:27+00:00May 12th, 2019|Retirement Planning|