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Success is a curious concept. In America, being successful is typically associated with being well known or popular, being fairly assured of yourself, and being relatively nonchalant about money or, at least, the spending of money. Recently, while doing some research, I discovered a paper that described three things that differentiate those who succeed from …
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What happens if you die with an outstanding loan against your policy
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Life is a risk. Some risk is scarier than other risk, but never-the-less, all risk is uncertain. We recently had some pretty scary risks occur in our life. A long-time friend came to visit us and ended up falling, not once, but twice while visiting in our home. The first time the only damage done …
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Read More...“Currently, ordinary dividends and short-term capital gains on assets held less than one year are subject to income tax.”[i] But life insurance dividends are different. First of all, dividends paid on life insurance are only available to you if you own participating whole life insurance. And the number one thing that you need to know …
Continue reading “The Number 1 Thing You Need to Know About Life Insurance Dividends”
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Read More...It used to be said that “All Roads Lead to Rome.” And at one time, that statement was probably true. But that was centuries ago. Belief in such a statement today could land you in trouble. The same is true about whole life insurance. It used to be said that whole life insurance cost more …
Continue reading “3 Things You Need to Know About Life Insurance”
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Over 4 million people will retire this year. That’s nearly 11,000 per day! And nearly 9 out of 10 of them all have the same worry: “Will I out outlive my money?”[i] Many accountants and financial planners run financial models to assure their clients that they will have the money they need to meet future …
Continue reading “The Number 1 Retirement Worry of Today”
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