Posts Tagged ‘investment planning’
Whole Life Insurance or Term?
Whole Life insurance as an investment does not need to be crazy expensive, but it does need to be made for the right reasons. Whole life insurance will never be the cheapest option for life insurance…because it offers different , more comprehensive benefits than term life insurance offers. You need a licensed expert to give…
Read More401k Good News-Bad News
401k Good News – Bad News but Mostly Good: Good News first: The fees for 401k plans continue to fall, as plan sponsors and participants realize the long-term implications they can have on retirement. This was true for both large and small plans, as the prices for investment and administration were reduced according to the…
Read MoreSECURE Act 2020 changes to IRAs
The Secure Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. The Secure Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July 1, 1949 you will still need to take your 2019 RMD…
Read MoreHow to Decide on Insurance Investments
Yes, insurance can be a good investment, if you choose well. Buying insurance is buying peace of mind. Buying the right insurance is also an investment that can add to your quality of life when you are not in position to work as hard as you can today. Need some insights? Finding the right insurance…
Read MoreHow Much to Retire?
Before you can know how to save for retirement, before you know how to line up investments to allow you to retire early, you really need to know what it will cost to live where you want to live. ThinkAdvisor.com offers a list of the 12 most affordable states for a comfortable retirement as of…
Read MoreLife Happens; Insurance Can Make it Better
Ready for retirement? You say you’re working on it, so, check. Got Life Insurance? You’re still young enough not to worry about it, right? Wrong. The thing is, you can’t control when your family will need life insurance. Events happen; life happens; and most of it cannot be planned for. What you can do, is…
Read More5 Lessons on Applying for Retirement Benefits
Recently, June (not her real name) was struggling to set up a social security account for her retirement. Her 65th birthday was approaching, she had health issues and was going to retire. I was with her when she made her second attempt to set up the Social Security account. June attempted to set up the…
Read More5 Steps to Retirement Investing.
Investing for retirement is one of the most important, but relatively painless, things you can do in your early work years, that will make your future much brighter. Here are some time tested easy steps for you to help you get started. 1-Figure out how much income you need in retirement. So, how much do…
Read MoreInvesting in Best Interests
On June 5, 2019, the SEC implemented Reg BI under the Securities Exchange Act of 1934 establishing a Best interests standard of conduct for broker dealers and staff when recommending any securities transaction or investment strategy involving securities. A relationship summary, or Form CRS, must now be shared with customers so you can make an…
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