Lifestyle Regulator
Disability
You are the goose that lays the golden eggs for your family. You are in your peak earning years and so you are also at risk of losing more than at any other time in your life if you were to become disabled. If you got sick or hurt and were unable to work, how would your family survive? If you could only insure one risk in your life, this would be the most critical because it's the one that gives life to everything else financially. Let's look at it this way: Assume you applied for a job at a particular company and they said they have two openings doing the same job but with different benefits. You get to choose which one you want.
Job A
- Pays $100,000/yr as long as you're healthy and able to work
- Pays nothing if you get sick or hurt and are unable to work
Job B
- Pays $97,000/yr as long as you're healthy and able to work
- Pays $66,000 tax-free if you get sick or hurt and are unable to work
Which job would you choose? If you chose Job B, you effectively chose Long Term Disability Income - to insure the continuation of your income by giving up around 3% of your income to guarantee 2/3 of it tax-free in the event of a disability. When you look at the ramifications of choosing Job A, the question is not whether you can afford Disability Income, the question is can you afford not to have it?
Disability and Your Finances
How Much Disability Coverage?
Keep Your Umbrella Handy
Data Thieves from Outer Space
The Other Sure Thing
Navigating Market Uncertainty
The stock market can feel like a wild ride. Sometimes the markets can be a little rough, and you might find yourself a little lost. We can help you navigate back to safety.
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Riskalyze is cutting edge technology that identifies your acceptable levels of risk and reward. Using this tool, we ensure that your portfolio defines your investment goals and expectations.
Together we can take the guesswork out of your financial future.
Advice Matters
Recent studies emphasize the importance of client-advisor conversations. These reports prove that advisors can add 3% to clients’ net returns and retirement savers who sought investing advice enjoyed a median annual return almost 3% higher than those who didn’t – even after the fees they paid for that advice.1
The Sequence of Returns
During the accumulation phase, the sequence of returns is ultimately inconsequential. When you shift from asset accumulation to asset distribution, the story changes.