Retirement Planning
A lot of retirement planning strategies out there really miss the mark. And here’s why…most of them consist of pie-in-the-sky projections where everything goes 100% perfectly 100% of the time. And that’s just not realistic. Don’t get me wrong…these kinds of projections and breakdowns of potential investments/earnings are EXCITING to look at! But they are absolutely DEVASTATING when people come to realize the risks they undertook and gaps in their retirement plan…and the truth is. At that point, it’s often too late.
I believe that accumulation is important but also, that income matters a ton, especially in your retirement. Many of my cohorts simply aim to accumulate as much as possible without giving any thought to the expenses that will come, especially as people get older and have to go into the doctor more often. Not to mention the fact that people are living longer now than they have in a long time!
Things to Consider Adding to Your Retirement Plan
A good retirement plan should be stacked in your favor on both the offensive & defensive sides of the financial field
Medicare & Medicare Gap Coverage
Asset Accumulation Strategy
Long-Term Care Coverage
Life insurance so you can spend your retirement how you want guilt-free
Additional Income (Multiple ways to do this)
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Is Life Insurance Only Beneficial When I Die?
Many people think the only benefit from life insurance is that their family receives money when they pass away. That is one of the benefits and it's definitely an amazing benefit! But, it isn't the only benefit. Right now, I'm going to not focus so much on the value...