Here is a key thought to consider about financial planning. Wealthy people tend to make fast decisions and are also slow to change. That is if it is a good plan, better than they have, they change. If it is working and there is nothing better, they stay the course. In contrast, people who have... Continue Reading →
How much money did you lose in your 401k or another retirement account?
Did you know that when the market goes down, and then it goes back up, you DO NOT get your money back? Rather, what actually happens is that you grow from the point of your loss. That is just math! Wall Street lies by saying “no worries” you get your money back! Well, you do not, it is gone! So, what do you think will work better for your retirement, guarantees with no losses and low to no fees, or just losses and high fees? There are better 401k and other IRA, Individualized retirement accounts out there! How much money did you lose in your 401k or another retirement account?... Continue Reading →
What is a Rollover?
Do you have an old 401k or IRA account? If so, what do you want to do with it? What happens after you leave your job that you had a 401k with? You may be able to leave your retirement account where it is. However, be aware it will be in junk funds and have... Continue Reading →
What to do with an Old 401k or IRA Account?
What to do with an Old 401k or IRA Account? What happens if you have an old 401k or IRA account from a previous employer? Most Financial Advisors will give you four options: First, just leave your account where it is. This is what most people do when the balance is above $5,000. Is this... Continue Reading →
Big Changes to your 401k are Coming
The Government is changing the 401k, 457, 403b, and other retirement programs. So, it will affect you! The changes may sound good by the way they spin the words. But are they? The key changes are in: how the tax deductions will work. Many people, not just the wealthy; those average middle-class workers could be... Continue Reading →
We are Solution Finders!
Insure what you love and need! We can help you with life insurance services, annuities, retirement plans, as well as business insurance and so much more. We are fully licensed to help you with financial advising about how to pay off debt, prepare for retirement, making a family budget, cash flow, financial planning, building wealth,... Continue Reading →
How to Get a Better Retirement Account for a Better Future
There are three common problems that retirees will face, that worry them and those who will retire. This is all about having enough retirement savings. Concern one. Will I have enough money? This is about growing and protecting our money without the risk of losing any of it. As we saw in 1987, 2000, 2008,... Continue Reading →
5 Reasons a 401(k) May Be the Worst Account to Have in Retirement
That massive 401(k) nest egg that you're so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. See how yours is preforming here: https://www.brightscope.com Now allow us to help you! You will need to have an experienced, licensed, and knowledgeable agent... Continue Reading →
Which is Better an IRA or an Annuity?
First, what is an IRA and an Annuity? An IRA is an Individual Retirement Account which is a basically a tax category. This is usually an account set up at a bank or other financial institution that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Where your money... Continue Reading →
What is the Best Type of Insurance to Have?
Here is a cool trick that few people know about life insurance. Index Universal Life is Life Insurance you don't have to die to use! Acts like Whole Life Insurance Has $ Cash Value Account Has $ Disability Income Has $ Tax-Free Retirement Income, for life! Has Tax-Free, Worry-Free Retirement First of all, Life Insurance has changed... Continue Reading →