Dave Ramsey Is WRONG About the National Debt
In a recent video a high school senior called in to Dave Ramsey’s show where he offered some good advice but also played down the severity of the nation’s debt crisis. Dave refers to two different books on how the national debt was going to ruin…
Protecting Your Savings: Strategies for Managing Retirement Healthcare Costs
Preparation is Key for Covering Medical Expenses in Your Golden Years As you approach retirement, one of the most significant financial concerns you may face is managing retirement healthcare costs. Healthcare expenses can quickly add up and erode your retirement savings, making it crucial to plan and prepare for these costs. There are various strategies that you can consider to manage your healthcare expenses in retirement and potentially protect your retirement savings.
Beware These Retirement Tax Traps
Considerations to Help You Develop a Tax-Savvy Retirement Plan There are potentially significant changes that could occur in the next 15 years. What’s more, the U.S. Census Bureau says that, by 2030, we will reach the milestone of having more people aged 65 and older than those aged 18 or younger. What does this demographic shift mean for your retirement? Well, you’ll likely need to prepare to overcome a few retirement tax traps. In this article, we break it down.
Wealth Management Strategies for High Net Worth Individuals and Families
Tools and Techniques for Portfolio Optimization, Risk Management, and Asset Protection High Net Worth individuals and families – those having at least $1 million in liquid assets – face unique challenges when it comes to managing their wealth. When creating a comprehensive wealth management plan, it is important to consider factors such as portfolio optimization, risk management, and asset protection. Fortunately, there are several tools and techniques available to help high-net-worth individuals and families manage their wealth effectively, and we’ll review several of them below.
Ernst & Young Study on Using Permanent Life Insurance for Retirement Income (Surprising Results!)
A recently published study claims that taking income from permanent life insurance and annuities in retirement can create a better outcome for investors. Ernst & Young compared five different strategies including investments only,…
Max Loan Challenge: Whole Life vs IUL in a Fixed Account
IUL and whole-life policies both have their place. Whole-life advocates prefer it because your cash value is guaranteed to increase each and every year as the IUL has growth that is tied to the upward movement of a stock market index. The downside to…
Surviving the Roth Conversion Gauntlet: Part Two
A Roth IRA conversion may be a savvy strategy to use within your fixed index annuity but it’s important to understand the associated challenges.
“That’s a Lie!” Angry Senator Confronts Janet Yellen Over Social Security Bankruptcy
Janet Yellen appeared in front of a Senate Finance Committee in March where explosive testimony erupted when a senator from Louisiana asked a line of questions regarding the impending insolvency of Social Security. The Social Security Trust Fund is…