How to Bullet Proof Your Family Fortune & Sanity?

Financial Check-up

You understand the importance of protecting your assets and belongings. You insure your homes, cars, computer, iPad, iPhone, etc. Are you really properly protected? Is your most valuable asset (YOU) protected?

What if you die too soon? Who’s going to continue to pay for your family’s mortgage? Your family’s living expenses? Your children’s college tuition? Will your spouse and children be able to support themselves without your income?

What if you become disabled or chronically ill? Where’s your income coming from? How will you pay for your care? Will your family have to quit their job to take care of you?

What if you live a long life? Will your retirement savings be enough to provide for you until you die? Will you still be able to take care of yourself? Will you still be able to work and earn an income? Will your medical expenses increase?

These are all the question that you want an answer to when the time comes.

Replaces your income and provides for your family after you pass,

Provides an endless stream of retirement income you can’t outlive,

Pays for your long-term care when you cannot take care of yourself anymore,

Pays for your medical expenses when you’re chronically or terminally ill.

How to Create an Endless Stream of Retirement Income?

Will you outlive your retirement income?

Before answering that question, we need to first figure out what is your retirement income goal.

The rule of thumb is “twenty (20) times of your current income” is required for a comfortable retirement.

Are you saving enough? Do you have a retirement plan? Do you have a pension plan? Is your social security enough? Can you family or children support and care for you? Can you continue to work?

True story…

The mother-in-law of a friend of mine was recently “fired” from the company she has been working for many years. Of course, there is no pension. She’s always been a good worker. But the company has started picking on her trying to find ways to fire her because she’s older now and slower compared to her younger co-workers. So she made one mistake and she’s fired.

Do you think at age 65, you can easily find another job to support your living, let alone retirement income?

Do you think the story would be have been different if she has a retirement plan in place with an endless stream of retirement income that she can’t outlive?

In that case, she’ll be working because she loves her job so much, not because she HAS to.

VIP Insider Guest List

Be the first to be notified of special events, workshops and promotions directly to your email.

Income for life…

Annuity is an income insurance that guarantees a retirement income stream for as long as you live.

Never lose money…

Indexed annuity has a guaranteed “FLOOR RATE”, so you’ll never lose money even when the stock market tanks 50%.

Beats inflation…

An indexed annuity captures the upside of the stock market so your money grows risk-free, beating the inflation of 3.3% per year.

Beats taxes…

You defer income tax on interest credited to your policy, allowing your interest earned to compound every year until you start withdrawing income.

S.M.A.R.T. Retirement Planning

You CANNOT get a loan for retirement…

You CAN get a loan to pay for a vacation, a new car, a new home, college tuition, private school tuition, plastic surgery…but you CANNOT borrow for retirement. So don’t delay!!!

The 3-Legged Stool of Retirement

Pension

Fewer companies are offering retirement benefits these days – and for those that do, many are scaling back their plans. Will your pension be enough?

Social Security

It started out with 40 workers contributing for one retiree in 1940’s, now it’s 3 for one. Do you think there’s still Social Security when you retire?

Personal Savings

38 millions Americans live paycheck to paycheck. And only 59% of adults says they have savings. Do you have enough savings?

  • maximize retirement savings to at least beat inflation
  • maximize federal income tax benefits,
  • protect your income & assets
  • proper estate planning
Tax now

TAX NOW

Brokerage account

Certificate of deposit

Checking account

Savings Account

 

Tax later

TAX LATER

401k/403(b)

Annuity

SEP IRA

Thrift Savings Plan (TSP)

Traditional IRA

Tax never

TAX NEVER

Life Insurance

Health Savings Account

ROTH IRA

ROTH TSP

Related article: Tax-free Retirement

The rule of thumb is you’ll need twenty (20) times of your current annual income for a comfortable retirement.
Download Saving Your Future!

Long Term Care Insurance

Estate Planning

Final Expenses

Are you also saving for college?