Financial Planning 101

Financial Planning is primarily PLANING. Setting strategic goals & methodology for the accumulation of wealth to be used for retirement, buying a home, paying for college, starting a business and more.

Inflation must be considered; investment returns need to exceed the rate of price increases otherwise you are losing purchasing power.

There is a Risk – Reward trade-off with different investments. Risk is a measure of the potential you can lose money.

Indexed Annuities

Indexed Annuities are investments where you can earn Stock Market returns based on the performance of indices like the S&P 500, Dow Jones and the NASDEX with no risk of losing if / when the Stock Market declines.

Not losing money is one of the most important investment strategies since you must earn so much more to recover the money that was lost.

Maximizing Financial Security

Life Insurance offers many tax advantages. It is probably the most tax preferred financial vehicle available. Life Insurance allows for Tax-Free withdrawals.

Indexed Universal Life with Living Benefits is an excellent foundation to your financial plan. It answers the 3 primary areas you need to address:

  • Living too long- Tax-free lifetime retirement income
  • Dying too soon- protect the people most important to you
  • Becoming ill or disabled – because it happens