There are multiple reasons you should consider a banking policy instead of 401K for your retirement. Though a life insurance policy might not be a traditional solution for a cushy retirement, it certainly is one of the safest options. Your Money Is Guaranteed Full Protection With the recent Global FinancialContinue Reading
Opportunity cost is an important economic term that gets much less attention than it deserves among financial planners. It’s the idea that you have a mutually-exclusive choice to make with where you put your money. For example, you can either invest your money or spend it to buy a car. InContinue Reading
The one thing you can’t accuse our tax code of being is simple. In fact, complicated isn’t a word that sufficiently describes the tome that is the US Tax Code. Did you know it’s 3.8 million words long? Did you know that 75 years ago, it was a total ofContinue Reading
There are 29 states, plus Puerto Rico, that have filial support laws on the books, and though they’ve largely been ignored, things are changing. A number of recent court decisions show that interest in enforcing these laws has increased and is likely to continue doing so, which means children willContinue Reading
S.O.S. is the international distress signal and it more than applies to why you should rescue yourself from relying on volatile, market-dependent IRA and 401K accounts. There is something better, the Infinite Banking Concept (IBC). This is the tool you need to take control of your financial life as quicklyContinue Reading
Most employers want to compensate their employees fairly, but sometimes, depending on how much a business profits, extra compensation just isn’t possible. There are other ways to reward your employees with a job well done that can be better and more lasting than a few extra dollars on their paycheck.Continue Reading
“If I were to start over from scratch today with what we know, I’d probably blow up the existing structure and start over.” –Ted Benna, Father of the 401(k) Quite a powerful realization, but because so many individuals are pushed into using the qualified plan for retirement, they don’t realizeContinue Reading
Most wealth creation principles are easy to understand, but difficult to implement. Nelson Nash, in his book Becoming Your Own Banker, discusses three distinct rules that can “make or break” your pathway to wealth and prosperity: the Golden Rule, Parkinson’s Law, and Sutton’s Law. The Golden Rule: (Those who haveContinue Reading
Protecting your family with life insurance can come in a variety of ways. However, it can be difficult and confusing to determine what protection your family needs without direction. Above all, we recommend talking to a qualified agent when considering any purchase of life insurance, but to simplify your search,Continue Reading
The news about the threat President Obama has placed on the qualified plan(s), somewhat came as a surprise. Though retirement has always been a hot topic, we knew limitations on the plans were going to come to a head sooner or later – considering how many Baby Boomers are scheduledContinue Reading
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