“Money 101”

What do wealthy people know that middle-Americans do not? I would say that the answer is “how money works.” We go to school for 12-16 years and learn reading, writing and arithmetic but never learn the fundamental principles of money and how it works. Do you honestly feel that you have enough money for all your needs and wants?

I have been reading (actually listening on audio tape) to “Money: Master the Game” by Tony Robbins. It is an excellent book but very long. Wouldn’t be great if someone would compact the information, make it readily understandable and treat you to dinner besides? I have that opportunity available to you.

Mike Wilk of Five Rings Financial is business partner of mine. He is a fabulous speaker and presents a workshop locally each month called “Money 101”. This is not a sales seminar, but an educational setting. He teaches you how to grow and protect your money for college funding, retirement planning or simply wealth accumulation- with money you never knew you had.

I ‘ll bet that even if you know about money, you will enjoy this presentation and probably learn something new. But more importantly, is there someone in your life who you care about that needs to hear this? They are welcome to attend also at no cost or obligation.   Mike covers the power of compound interest and how it can work for you or against you. Do you understand the Rule of 72?

Wealthy people know the devastating effect that taxes have on wealth accumulation. They have lawyers, financial advisors and CPAs whose job is to keep them from paying that wealth in taxes. You too can learn that there are financial products available to protect your savings by not only growing it tax deferred, but receiving it back tax-free. Again, nothing is being sold here. You will not be required to sign in and be subject to later sales calls. Five Rings Financial only works with volunteers.

Both Tony Robbins and Mike Wilk talk about indexing. Indexing allows your money to grow over time and guarantees that you never will lose it. You have the advantages of the stock market without any of the risks. Sound too good to be true? You will learn about financial products that make certain you never outlive your money. These guarantee to provide life-time income. Did you know that you can buy life insurance that you don’t have to die to use? If you become critically or chronically ill, you can access a portion of the death benefit, not just the cash value.

Because I am passionate about helping people, I want you to attend as my guest. Please let me know if you are interested and I will extend you an invitation with the date, time and location.


Unhappy Suprise

Just recently, I was speaking with a client who had purchased his Medicare insurance from me.  I asked about his wife and he responded that she had passed away earlier this spring from pneumonia while in the hospital.  I expressed my condolences.  He then went on to say that she had three life insurance policies.  Turns out all three were “accidental” policies, which of course, were worthless in this situation.  He thought he had coverage to help pay for her final expenses.

Here is why I encourage you to get an insurance review:

1.)    Insurance policies are detailed legal documents that, generally, the public is not trained to read and digest.  You deserve an expert on your side to explain in plain language what you have.

2.)    You may not remember exactly what you bought.  Sometimes clients think they have permanent cash value policies and they are only term policies.  Or, you may have an old “universal life” policy that may not be there when you need it most.

3.)    Your circumstances change.  What you thought you needed then may not be right for you now.  Twice, I have found that now disabled clients had coverage build into their policy that will now pay their premiums.  Sometimes, you are still paying for a children’s rider when the children are grown and no longer covered.

4.)    The insurance agent who sold you the policy may not have known what was best for you or you have lost touch with them over the years.  Often times, beneficiary information needs to be updated.

5.)    The insurance field have evolved, like every other business, there may better options for you now.  Term rates are lower now than previous years.  You can buy policies with “living benefits.”  This is insurance you don’t have to die to use.  The face value can be accessed if you have a critical medical situation such as cancer or stroke.  It also can be used to pay for long term care expenses.


Frankly, I have offered free insurance reviews for years.  Very few people take me up on my offer.  I’m sure some people are concerned that it is my “foot in the door” tactic, and it is.  But my way of conducting business is finding the best product for you.  If you already have it, I’ll tell you so and not try to twist your arm to buy another or different policy.  My current clients know this, and I hope you’ll take the chance and discover that this is a true statement. There is nothing more reassuring to you and your family’s future than knowing you have the right policies for your needs.

Did you know that life insurance proceeds are not taxed? Life insurance is a GREAT product with many uses and benefits.  Contact me soon to get a review so you will be happy with your choices.







Death insurance versus Life Insurance with Living Benefits

My father did not believe in life insurance. He called it death insurance. As much as I hate to admit it, he had a point. Someone had to die in order to utilize its benefits; but not any longer. We now have Life Insurance for Life. It is the newest thing protecting your family from financial ruin. We hear of the term “multitasking” all the time. Life insurance for Life, also known as “Living Benefits,” is a wonderful insurance product that provides multiple benefits depending on what life throws at you. There are three major things that can play havoc with your family’s financial well being. One is dying too soon – income stops. Two is living too long- you can run out of money. Three- becoming ill – medical care can suck up all your money.
People say that to protect themselves, they might become “insurance poor”, buying life insurance, disability income insurance, critical care insurance, cancer insurance, and long term care insurance. Add to that, saving for retirement by putting good money away that is subject to taxes when you need it.
I am happy to tell you that there is now a solution. You can buy one insurance product that will give you blanket protection, multitask, if you will. And the great news is that it is affordable. It is Indexed Universal Life Insurance with Living Benefits. Most insurance agents can not offer it. I can help you protect your family’s financial security today.