"Even before the pandemic, the senior health care marketplace was experiencing rate increases, capacity shortages, and changes in coverage. The pandemic further deepened these trends." As you plan your eventual exit from the workforce, it is likely your retirement and income planner has talked to you about the need for long-term care insurance. Long-term care insurance allows [...]
While there is no single quality that guarantees a person will be financially successful, there are some common traits the financially free have in common. I believe that anyone, especially those partnering with a dedicated, trusted financial advisor, can achieve financial freedom, no matter how small or large their salaries. There are tons of stories of people [...]
If you're like many Americans, the pandemic has altered at least some of your financial plans. You now find yourself in an economy teetering on the precipice of a significant downturn. You might be wondering what, if anything, you can do to strengthen your financial position and reclaim a tiny bit of "normal." Get Your [...]
"Many people who carefully plan for their income needs in retirement do so based upon a fixed retirement horizon of average life expectancy and thus might give short shrift to the significant probability of living longer." - American Association of Actuaries Blues legend Albert King once observed, "Everybody wants to go to heaven, but nobody [...]
Let me share something with you that’s been bothering me for many years. I’ve been working in the financial services and insurance industry for 50 years, but this experience I have goes back far beyond that, back to when I was in my 30s. This message is intended for men, but ladies, I hope you [...]
I am a “visual” type thinking person. So, I was thinking of ways to further describe the FIA, knowing that it's a different language. I have spoken this language for the better part of 18 years; realizing that sometimes in the communication of a different language, there is a loss of meaning and or interpretation. [...]
Last Friday (August 23, 2019), a very close friend of mine passed away. I wanted share the story with you. I have changed their names, of course, to protect their privacy. Recently, a very close friend of mine passed away and I wanted to share the story with you. I have changed their names, [...]
Two of the benefits of Fixed Indexed Annuities I talk about daily in my practice are 1) their ability to protect retirement accounts from market volatility, and 2) protection from ever running out of income during retirement. Of course, this is retirement asset protection. But something that has been lost over the past several [...]
My broker says he can outperform an annuity, can he? I would like to know how! Quite often when annuity agents present an annuity strategy to potential clients, the client will take the annuity information and present it to their broker, who is managing their money with their brokerage firm, in order to get [...]
Watch out for the Fake News and those who spread it I know that many investors are not big annuity fans, but I also know that most annuity “haters” have been exposed to “fake news,” mostly via false advertising from stock guys who’ve lost business to modern annuities. I never recommend an annuity for [...]
