"OPM and its FLTCIP carrier say they need time to assess the program so that rates are more reasonable and sustainable." Jim Fish by Jim Fish If you are not already enrolled in the Federal Long-Term Care Insurance Program (FLTCIP) but are planning on doing so, you should count on delays with your application [...]
By Debra May As the world edges toward recession, it's clear that retiring in such volatile circumstances requires a more flexible, creative approach. If you want or need to stop working in the next 2-3 years, giving up your paycheck can be anxiety-inducing, especially if your portfolio has lost significant value. You might see life [...]
Authored by Andrew Moran and Emel Akan via The Epoch Times For close to 47 million Americans, it was the best of times, and it was the worst of times. Indeed, the current cost-of-living crisis devastating millions of seniors nationwide has forced many to look back at the choices they made throughout their prime working years. [...]
Authored By Kenneth Reeves, Apex Financial By Kenneth Reeves The so-called “theory of decreasing responsibility” says that although many seniors will have decreased income levels when they retire, they will also have fewer expenses and lower taxes. I call baloney on both these ideas. When clients come to me, they often believe that they will [...]
Authored By Kenneth Reeves, Apex Financial “As highlighted by a recent Nationwide Retirement Institute poll, most Americans are woefully lacking in basic Social Security knowledge. This education gap can result in mistakes that will impact your entire life.”- Ken Reeves. By Ken Reeves When discussing Social Security, there is a demonstrable and concerning lack of [...]
Authored By Lori Konish Here's how to catch up... Key Points High inflation has prompted many workers to put retirement savings on the back burner. But you could have regrets later if you neglect this long-term goal. As it has become more difficult to stretch a dollar at the grocery store and gas pump, some [...]
Authored By Kenneth Reeves, Apex Financial By Ken Reeves While there is no single quality that guarantees a person will be financially successful, there are some common traits the financially free have in common. I believe that anyone, especially those partnering with a dedicated, trusted financial advisor, can achieve financial freedom, no matter how small or large their [...]
By Jim Fish "Jack O'Lantern" of All Trades, Wizard of Federal Benefits I'll admit that death is not one of my favorite topics of conversation. But since I work in insurance and am writing this so close to Halloween, I can't help thinking about death from time to time even though Halloween treats death [...]
MYGA's can help turn your savings into income in retirement. by Paul Hubbard III Like most retirees, you may realize you need a way to transform your savings into income you can use when you no longer work. You've also probably heard a lot of misinformation and negativity about the best vehicles to accomplish that [...]
Authored By Jerry Yu, Reign Financial and Insurance Services If you were one of those fortunate enough to learn at least a smattering of economics in high school, you might recall hearing about the disturbing things known as "asset bubbles." Before discussing asset bubbles, we should first define the word "asset," which isn't as easy [...]
What are BOLI and COLI and how can they help business owners? "Bank-owned and company-owned life insurance (BOLI-COLI) has a proven track record of helping corporations fund executive compensation and improving their bottom lines." Teresa Kuhn. Authored By Teresa Kuhn, JD, RFC, CSA - TeresaKuhn.com An alternative to mutual funds, corporate-owned life insurance [...]
Created By Christoper Kirkpatrick, Life180 Like him or not, Robert Kiyosaki is an icon in the investment and wealth-creation sphere. In this video, Chris Kirkpatrick talks about why Kiyosaki and other movers and shakers are high on whole life insurance. Whether you are a consumer or agent, you'll appreciate Chris' fresh take on this sometimes [...]
