Many of you have read one or both of my books titled: Get Me to ZERO or Tax-Free Millionaire. Parts of both books describe using select Index Universal Life policies (IULs) for supplemental tax-free retirement income. I call them ROTH alternatives on steroids. I love ROTHs but they cannot supply nearly the benefits of a properly designed and funded IUL. A portion of those books also describe what I call “Catapult” plans. These plans combine 5 premium payments from my … Continue reading

I just finished updating my “I Didn’t Know Annuities Could Do That!” book, and I thought I would pass along a chapter. One that is causing some well-founded excitement for risk-averse folks and people searching for bond alternatives with falling interest rates expected in 2025 and 2026. What if there was a place to store either IRA or non-IRA money that had NO fees or expenses, took NO market risk, and could get a return of 75% of the S&P … Continue reading

Yes, it is. In just a decade and a half, long-term care insurance (LTCi) has regained its popularity. Those of us entrenched in the LTCi field saw this trend looming on the horizon. It’s not rocket science; the demographics speak volumes. With over 50 million family caregivers in the U.S., it’s evident that their efforts can only stretch so far before the need for professional home or facility care arises. The convergence of aging baby boomers requiring care, states acknowledging … Continue reading

Long-Term Care Insurance has come a long way. After seeing clients hit with rate increases on traditional coverage, you can see why many advisors are considering alternative solutions rather than traditional LTC policies. But did you know that new traditional policies in 41 states are protected by the new Rate Stability Regulations. In my mind, consumers have many more choices today for funding the potential LTC problem… as ignoring the issue isn’t going to make it go away. In this … Continue reading

Medicare Advantage (MA), also known as Medicare Part C, is a comprehensive alternative to original Medicare. It is offered through private insurance companies in partnership with Medicare. These plans consolidate hospital coverage (Part A), doctor and outpatient services (Part B), and often prescription drug coverage (Part D) into a single package. You’ve seen the TV commercials advertising Part C plans. They sound wonderful. Why wouldn’t everyone get one as soon as possible? When navigating Medicare options, individuals face a significant … Continue reading