25 April 2014 0 Comments

The Truth About Annuities

The mere mention of annuities among investment advisors can conjure up a myriad of opinions from: they’re a lousy investment—to—what a great tax advantage.  Interestingly, both of these statements might be true.  Of late, the debate has grown louder due to a plethora of Indexed Annuities that seem to promise the best of both worlds—growth […]

23 April 2014 0 Comments

The Catch to my “Live it up or Leave it” Solution

In my last entry I showed how a couple could guarantee delivery of $250,000 when the second of them died by purchasing a Second-to-Die policy for a single premium of only $76,565, allowing them to live it up during their retirement while fulfilling their dreams of a legacy for their grandkids.  When some people look […]

18 April 2014 0 Comments

Live or Leave? That is the Question

Did I get your attention?  Ok, so here’s what I mean by this provocative question.  More than one acquaintance of my wife and me who fall into our general age category—the 70’s—have voiced a concern with the dilemma posed by this question.  That is, they want to live their retirement years to the fullest, enjoying […]

16 April 2014 0 Comments

One More Life Story From An Event We All Remember

This is the final real life story from www.lifehappens.org, an excellent resource for unbiased information on life, disability and long term care insurance. John Ogonowski grew up on a farm and never wanted to give up that life, even as he pursued a distinguished military and civilian flying career.  While a young pilot for American […]

11 April 2014 0 Comments

A Real Life Story — Without Life Insurance

This real life story is from www.lifehappens.org, an excellent resource for unbiased information about life, disability and long term care insurance. The Yasmine Moss Story The cosmetology classes Yasmine Moss was taking at Bladensburg, MD High School were suppose to be a way to learn a trade she could use when she needed extra spending […]

9 April 2014 0 Comments

Another Real Life Story

The following three real life stories are from www.lifehappens.org, a site sponsored by a non-profit organization supported by scores of insurance organizations.  It is an excellent resource for great, unbiased information on life, disability income and long term care insurance. The Don Wachtel Story Don Wachtel loved fixing and refurbishing things, so it’s no surprise […]

2 April 2014 0 Comments

The sky is falling!

A few weeks ago as Putin was on the march into Ukraine the Dow Jones average took a very large single day dive…down almost 300 points, as I recall.  That evening the television newscasters were exclaiming how people’s 401k plans were being hit with huge losses.  This type of hysteria drives me a little nuts.  […]

28 March 2014 0 Comments

A woman’s need for life insurance

According to recent research, women make up 49% of the workforce and 4 in 10 American households with children under age 18 now include a mother who is either the sole or primary earner for her family.  Yet only 43% of working women have life insurance and their average policy is only about $130,000.  That […]

25 March 2014 0 Comments


A rider is a benefit added to a basic life insurance policy.  Most riders require an additional premium, but some may not.  Here’s a synopsis of some of the types of riders that may be available and my comments: Accelerated Death Benefit This rider states that if the insured is terminally ill a portion of […]

18 March 2014 0 Comments

The Insurance Agent Relationship

My very first entry referenced a statement purportedly made by Woody Allen, “There are worse things in life than dying.  Have you ever spent an evening with an insurance agent?”  It need not be that bad.  If it is, get another agent.  Here are some things to look for in an agent: Does the agent […]