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An integrated wealth strategy shows you how to make your dollars work more efficiently. One dollar can solve multiple problems and take advantage of multiple opportunities.
- Investments
- Retirement
- Disability Protection
- College Funding
- Survivor Income
- Savings
How much life insurance you should have is a very personal decision.The worksheet is not perfect, but a “perfect” formula does not exist.If you follow the simple steps on the worksheet, you can closely estimate an amount of insurance that will provide the financial security that you consider important.
You may be uncertain about some entries (i.e., education fund), but an estimate is better than nothing. In addition, your goals may change and you may end up reworking this several times; that’s good! When you understand the process, you will then recognize when your insurance should be changed (increased or decreased) in the future.
If you keep this worksheet with your important papers, it will remind you why you set up the insurance that you did. It also provides an initial financial plan for your family in the event of your death.
(If you don’t have the time to complete this worksheet, a general rule of thumb is: your life insurance coverage should equal 8-10 times your annual income.)
When you’re looking for answers regarding your financial and insurance concerns, I am here to help you meet your personal or business objectives.
- One of the benefits working with me is that I utilize Financial Profile that helps identify the needs and determine the best strategies to adhere to those needs. This takes away the guesswork out of calculating your financial goals.
- What it means to you is that you can make an economical decision to protect your love ones and/or your business partner’s family.
- The real benefit is the Peace Of Mind that you made the right decision, with the right solution at the right price.
- With due diligence I work with numerous companies that are reputable and have excellent ratings.
- I
have an array of products: Individual & Business Insurance, Pension
& Retirement Plans, Group & Employee Benefits.
My Goal is to Help You…
- Substantially increase your wealth
- Increase your retirement income flow
- Increase your benefits
- Reduce your risk
- Reduce your tax liability
Most people are FRUSTRATED when they think of how much money they’ve made compared to what they’ve saved.
80% believe that they will work after the age of 65 or settle for a lower standard of living. (Source: Robert Heady, 1995, “Bank Rate Monitor.”)
They feel ANXIOUS when they consider whether they’ll have enough money to retire.
50% of people between the ages of 45 and 55 believe that Social Security will be gutted by the time they retire. (Source: Robert Heady, 1995, “Bank Rate Monitor.”)
More people are giving up on the AMERICAN DREAM of retiring in the manner they once had envisioned.The median net worth excluding home equity for a person between age 45 and 55 is $14,500. (Source: 1993 Survey of Income and Program Participation, U.S. Department of Commerce Bureau of the Census)
According to a 1994 study by the U.S. Department of Health and Human Services, for every 100 people, at age 65 …
- 15 have incomes below the poverty level (under $8,000, per year)
- 56 have incomes between $8,000 and $45,000 (median income of $19,500 per year)
- Only 14 have annual incomes over $45,000
- 15 are dead
- Financially wealthy ?? … Very few