Monthly Archives: June 2016

Most people would like to protect their assets and income from a potential long-term care (LTC) event. But no LTC insurance solution is perfect. Millions of people own traditional LTC insurance and they pay annual premiums – and those premiums have and will increase over time. Traditional LTC insurance gives the most potential benefits during a long claim – but paying premiums every year and maybe never using it is the #1 complaint.  And for many people (including myself when … Continue reading

In 1994, financial planner, William Bengen developed the 4% rule. It quickly became the guiding “formula” used by both professional advisors and do-it-yourselfers for about two decades. The 4% rule (or theory) says that at retirement, with a portfolio of 60% stocks and 40% bonds, one could withdraw 4% of the initial savings and increase it by inflation every year and the retiree would have a 90% or better chance of his income continuing for 30 years and that the savings would not … Continue reading

Many of you know that I personally invest a very substantial amount of money every year into my five life insurance policies that were built to accumulate cash and provide me with tax-free retirement income. This is important to me as I believe that is not “if” but “when and how much” income taxes are going to have to rise in the future to pay our nation’s $19 TRILLION debt plus unfunded Social Security, Medicare and Medicaid. Although I do … Continue reading