Blog #35 – Term or Whole Life: The Third Option
“Whole Life or Term Insurance?” The never-ending debate amongst advisors. We would like to suggest a third option. Buy Both, it makes sense.
Blog #34 – Five Things You Should NEVER Leave to Your Children
Whether you have life insurance or an estate that may one day be a financial legacy, here are five things that your children are hoping you DON’T leave them.
Direct Recognition and Non-Direct Recognition Insurance Companies
Share on Facebook Facebook 𝕏 Share on X X Share on Linkedin Linkedin Share on Email Email Direct Recognition and Non-Direct Recognition Insurance Companies Direct recognition and non-direct recognition refer to the method that the insurance companies use to treat dividends when there is an outstanding policy loan. When you take a policy loan, you … Read more
Blog #33 – The Problem Is Lack Of Financial Education
Financial education, or how money works, is not taught in our schools and the knowledge that we have is transmitted from our grandparents and parents.
Blog #32 – Any Plans For 2017?
2016 was a year in which American’s attention was literally high jacked by political news, scandals and anger outbursts. Division in our society along political party lines was at an all-time high.
Whole Life Policy Loans: How They Work
Share on Facebook Facebook 𝕏 Share on X X Share on Linkedin Linkedin Share on Email Email Whole Life Policy Loans: How They Work One of the least known and best features of a whole life policy is its “living benefits”. These living benefits give you the ability to borrow against its cash value. As … Read more
Blog #31 – The Infinite Banking Concept and Financial Independence
You can become financially independent if you have sufficient personal wealth to live indefinitely without having to work actively for basic necessities.
Blog #29 – Modified Endowment Contract: Should You Be Concerned?
Anyone who has any type of banking policy has probably come across the term Modified Endowment Contract, or MEC. You may have noticed a portion of your whole life policy illustration or contract stipulating whether or not it is a MEC. You may have even seen numbers indicating the additional amount of Paid-Up Additions that … Read more
Blog #28 – Position Your Assets To Maximize Retirement Income
Traditional financial planning pays much more attention to accumulating assets for retirement than to the reposition and distribution of assets during retirement. It is not surprising since most financial advisors are compensated based on the amount of assets under management. Let us be clear; the reason for savings/investing is to generate future passive income when … Read more