7 January 2014 0 Comments

The Retirement Planning Process

It may be true that it is never too early to start planning for retirement, but let’s face it—there are a lot of other things that are at the fore of your financial plans at young ages.  Retirement is a long ways off and easy to defer for later planning.  Still, here are a few [...]

13 December 2013 0 Comments

Nebraska – The Movie

A movie was released a few weeks ago named “Nebraska.”  It stars Bruce Dern as a harass-able old codger who defines the term curmudgeon—in spades!  Disheveled, grumpy, mean and uncaring are a few adjectives that easily describe him.  The movie was shot in black and white because it more precisely depicts the bleakness of his [...]

19 November 2013 0 Comments

What’s Happened To Term Life Premiums?

In my last entry I promised to tell you why term insurance premiums have been plummeting over the past 50 years.  In the early 1960’s I was sitting at kitchen tables talking to young couples about protecting their families against the financial devastation of early death, most of the term insurance I sold was as [...]

8 November 2013 0 Comments

Life Insurance When You Least Thought You Needed It

You’re age 68 and your wife is 65.  You had a minor heart attack a few years ago, but you’re fine now…been watching your diet and lifestyle.  Your wife is in great physical condition!  Life has been good to you.  You have invested wisely, your home is paid off and the net worth of your [...]

1 November 2013 0 Comments

Bigger Isn’t Always Best

We’re talking about life insurance policies here!  If you’re buying a Universal Life policy and your agent asks if you want the death benefit to be level or to increase as the accumulation value increases, don’t automatically decide that a bigger death benefit is best.  The long range cost of that increasing death benefit can [...]

29 October 2013 0 Comments

The Age 55 “SPEED BUMP!”

If you are close to age 55 and haven’t reviewed your life insurance in the past few years, consider this a speed bump.  It means slowing down enough to spend some time with your agent to review what you have, determine what your objectives are over the coming years and make any adjustments that might [...]

15 October 2013 0 Comments

It’s So Simple!

This marks my 170th blog since I started writing them in February, 2012.  That’s a lot of information on life insurance…with a little bit on Annuities and Long Term Care thrown in the mix.  How is anyone to know all they need to know to make the right decision when it comes to buying a [...]

27 September 2013 0 Comments

Random Questions And Comments About Life Insurance

Over the years I’ve been asked many questions and heard many comments from people just like you about life insurance.  Here are a few more of them and my answers: Q.  What is Waiver of Premium and is it a good deal? A.  Waiver of Premium is a rider that can be added to a [...]

20 September 2013 0 Comments

Managing Life Insurance Proceeds After You Are Gone

Some individuals are convinced that their spouse would have no ability to manage a large life insurance payout at their death, so they want to control how the benefits are paid to her.  Oops, I didn’t mean to be sexist, but the fact of the matter is that this concern is more often heard from [...]

17 September 2013 0 Comments

A Set Of Non-Emotional Principles For Purchasing Life Insurance

Here’s a question I was recently asked: What is a (non-emotional) set of principles for life insurance purchases that represent the best use of money and best balance of low cost, disaster versus investment choices as you age? Here was my answer: In a typical family setting, the first principle is to realize that the [...]