Broker Check

Late Career Risks

Emergencies

While not every possible emergency can be anticipated or planned for, there are some common ones that have proven to have devastating effects in the past.

Health insurance is an absolute must not only to provide you with quality care in the event of a medical emergency, but to prevent all kinds of financial issues if something major happens. A devastating medical expense such as cancer treatment, major surgery, etc. could mean having to file bankruptcy unless you have insurance to cover these expenses.  And the older you are, the more likely you are to have a serious medical issue.

Having the proper personal insurance plan is also critical to maintaining your lifestyle. Things happen outside your control and in the blink of an eye an accident or casualty event could destroy you financially. Click here to be taken to our property & casualty website.

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

Disability and Your Finances

In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings.

How Much Disability Coverage?

Lawsuit

You have worked hard for a lot of years to acquire the things that you have:  your home, cars, collections, savings, etc.  You probably have more assets now than you ever will in your life.  Don't let those things be taken away from you in an instant.

Keep Your Umbrella Handy

Keep Your Umbrella Handy

Umbrella liability can be a fairly inexpensive way to help shelter current assets and future income from the unexpected.

Fraud

Data Thieves from Outer Space

Data Thieves from Outer Space

Learn about the dangers of internet fraud with this highly educational and fun “pulp” comic.

Death

The Other Sure Thing

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

Financial Markets

Navigating Market Uncertainty

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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Get Your FREE Risk Number

Get Your FREE Risk Number

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.

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Advice Matters

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

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The Sequence of Returns

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.

Long Term Care

Now that retirement is within sight, you need to have a plan to deal with the eventuality of needing Long Term Care.  The odds are just too high to avoid the issue.  You can consult with an Elder Law attorney and your advisor to find the most efficient way to address this in your particular situation.

Learn more

1 Putting a value on your value: Quantifying Vanguard Advisor's Alpha, 2016, Vanguard Research.

   Help in Defined Contribution Plans: 2006 through 2012, Aon Hewitt and Financial Engines

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