July 2, 2014
The study revealed a link between the discipline an individual brings to financial planning and their happiness in retirement. Retirees who identify themselves as “highly disciplined” planners are much more likely than non-planners to say that they are happy in retirement (91% vs. 63%).
June 18, 2014
Americans say they want enough life insurance to cover expenses for at least 14 years after the loss of a breadwinner, but in reality only have three years of protection in place. This finding is in line with the Insurance Barometer Study that Life Happens and LIMRA have conducted over the past several years.
June 11, 2014
It’s funny how people sitting next to you on airplanes sometimes open up and like to talk. This happened to me last week with a gentleman who looked at me and decided I was a good person to talk to, or maybe I’m just a good listener.
He told me his whole financial life history. Don’t ask me why. I didn’t know him, and he didn’t know me, but I listened.
Identity stolen twice, divorced twice, both times expensive, and just remarried at age 66 to a somewhat younger woman who has significant debt.
His career has been varied. Fireman, CPA, boat captain, electrical engineer and now talking about retirement. He will be going from a high-income earner to a low-income retiree.
April 14, 2014
I am a piece of paper, a drop of ink and a few pennies of premium. I am a promise to pay. I help people see visions, dream dreams, and achieve economic immortality. I am education for the children. I am savings. I am property that increases in value from year to year. I lend money when you need it most, with no questions asked. …
April 2, 2014
While the statistics of passing away at an earlier age is low, the financial consequences of not planning for that possibility can be high. The younger the family, the more protection you generally need. Often there is still student debt and a mortgage, as well as day-to-day living expenses that need to be addressed. Additionally young children will require years care and have future educational needs. Life insurance financially protects the family you love.