2019 January Lara-Murphy Report
Dr. Robert Murphy builds on last month’s article to make the analysis closer to real-world policies, showing the effect of age and different funding approaches on policy behavior.
October 2018 Lara-Murphy Report
THE WEALTH EFFECT: BY L. Carlos Lara
The height of the stock market and even the strength of the dollar itself ultimately rest on public confidence in our financial system. And right now there’s not much to be confident about.
Blog #46 – Strategies for More Income in Retirement
The biggest fear that people over the age of 60 have is running out of money in retirement. And for many Americans, this is a very real risk, not an irrational phobia.
Blog #43 – Cash Flow Is King
Have you taken a “30,000-foot view” of your finances lately? Is it positioned for the growth, strength, stability and cash flow you desire? To help you answer that, let’s examine asset allocation and diversification.
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 #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 #30 – How Our Client Solved His Retirement Problem
A couple of years ago, a long-time client called and said he wanted to talk to us about his retirement. The problem was that he was sixty-four years old and had nothing saved for his retirement. Since we had known him for many years, we knew that during the prior ten years he had ridden … Read more
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 #25 – What’s Wrong With Qualified Plans? Practically Everything
If you make contributions to any type of qualified plans like a 401(k), a 403(b), or an IRA you should know the following facts: These programs are not tax-free but tax-deferred, which means that although you enjoy the immediate gratification of not paying taxes now, you will be most likely paying higher taxes on a … Read more
Blog #24 – Why Whole Life As a Savings Vehicle Makes Sense
The money stored in your properly-structured whole life insurance contract is guaranteed to grow every year by an increasing amount; in other words, the increase in cash value between years 3 and 4 is larger than the increase between years 2 and 3. So your cash value cannot go down; it is always increasing and … Read more