Learn the difference between these two types of life insurance policies and discover which one may be right for you.
With interest rates inevitably heading higher in the future, are bonds a good investment in retirement?
If the only income you had during the year was Social Security income, then your benefit generally isn’t taxable.
Some people think Social Security is just a retirement program, but in fact there are other benefits, including disability and death payouts.
MYTH #1: Social Security benefits will provide most of the income you need in retirement.
We give you the facts from the IRS, PLUS 6 benefits of participating in your 401k plan at work.
If your goal is to accumulate money for a grandchild (or a child), both options are good, but let’s look at the pros and cons of each strategy.
Is it possible to achieve both of these goals in today’s economic environment?
When dealing with a volatile market, sometimes the most difficult challenge is to manage your emotions.
Since people are living longer today, the greatest fear that most retirees have is the fear that they will outlive their assets.
Despite media reports warning of the impending payroll tax increase, many Americans were caught off guard when they received their first paychecks in 2013.
Here are five key things you should know when starting a Roth IRA.
Improve Credit Report: 3 Steps to Take Now. First, how can I correct errors on my credit report? Under the Fair Credit Reporting Act, you have the right to have any incorrect or misleading information removed from your credit report.
Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don’t even know where to begin. Here are four suggestions to help you get started.
So exactly what are Required Minimum Distributions? Also known as RMDs, these are government imposed withdrawals that you are required to take at age 70 ½. Learn more here.
If you lost your job, how much will you need to pay your regular monthly expenses?
Is it better to save your extra cash or pay off debt? To answer this question, you must decide how your money can work best for you.
The old financial adage is there are only two ways to make money. Either go out and earn more or cut your expenses so that you spend less. The best is if you can do both. So today, I thought I would share some thoughts on cutting expenses.
If you were to go to the Nursing Home, do you believe that Medicare will pay for your long term care needs?
However, for those who cannot self-insure or who do not want to rely on the government, family or friends for your long term care needs, long term care insurance can be a wise solution.
If it’s been more than five years since your last life insurance checkup, you may be missing opportunities to take advantage of newer life insurance policies that are more cost-effective and competitive.
What is your greatest asset? If asked, most people would say their home, their 401(k), or their IRA. But your greatest asset is your income producing ability.
So by using the combination of a guaranteed income investment, life insurance, and a trust, we were able to give not just part, but ALL of the inheritance to the family and the charity. And the best part: Not a dime went to Uncle Sam!
An all too common retirement planning mistake is going it alone. This usually results in missed investment opportunities, sloppy planning, and lax savings schedules. Enlisting the help of a financial planner is a smart move at any age to avoid retirement planning pitfalls.
A common investment pitfall is spending far too much time trying to pick individual stocks that will increase in value. It’s much more important to understand proper diversification.
Do you desire an early retirement? Today, I want to share with you a savings strategy that leads to early retirement. This strategy is simple to say, but can be harder to follow.
Professor Laurence Kotlikoff, author of The Coming Generational Storm, has announced that he is running for President. Here’s an interview.
Several questions arise as you near retirement concerning your life insurance needs. Should you keep that existing policy in place? If so, should you change the coverage amount?
“Should I choose a single life annuity payout from my pension or a joint and survivor annuity payout, which will make payments to my spouse when I die?”
To reduce or eliminate the taxes on your social security income, you first need to understand the term “Reportable Income”. This is the total of all your incomes that is required to be reported to the IRS on your tax form.
We recently got this question from an FTMWeekly radio listener: “I forgot to make my IRA Contribution for tax year 2011. Is it too late to make the contribution now?” NO. Here’s why…
The Medicare open enrollment period is now here and this is the time during which people with Medicare can make new choices and pick plans that work best for them. Here’s four questions to be asking now.
On this week’s program, we begin with a brief update on the financial markets followed by this week’s Precious Metals Market Update with Precious Metals Advisor, Tom Cloud.
Then, in Segment Two, Jerry be joined in a special interview with best-selling author, Greg Autry who has co-authored a provocative new book, with Dr. Peter Navarro, detailing the darker side of the rise of China. The book is entitled Death by China.
And finally, in Segment Three, we’ll be joined by Retirement Specialist, John Bearss, in a special extended interview. Jerry will discuss with John the current state of retirement. Our discussion will include some key ideas and strategies for those nearing retirement to consider.
Over the last few episodes of financial strategies I have been talking about why cash value life insurance should be considered when developing a person’s overall retirement planning strategy. So today, I want to continue by talking about different ways of taking the money out of your cash value life insurance policy and the rules to each.
The global financial markets continue their tailspin today in the wake of the devastating quake and tsunami which struck the world’s third largest economy last week.
Over the last few episodes of financial strategies I have been talking about why cash value life insurance should be considered when developing a persons overall retirement planning strategy. So today, I want to continue by talking about different ways of taking the money out of your cash value life insurance policy and the rules to e
This Week’s Topic: Managing God’s Money. This week’s special guest interview: Randy Alcorn. Follow the Money Weekly Radio is a financial radio show about the stock markets, commodities, energy investing, the global financial crisis, how to prepare for the coming hyperinflation, where to invest money, how to buy gold, how to buy silver, saving money, finding a financial advisor, and paying off debt. Hosted by economist and best-selling author, Jerry Robinson. For the best in financial news, listen to the Follow the Money Weekly Financial Radio Show.
What exactly is cash value life insurance? What are the benefits of using cash value life insurance as a savings vehicle?
The latest news on the post-Mubarak Egypt, plus an interview with Robert Wiedemer, the author of the book Aftershock: Protect Yourself and Profit in the Next Global Financial Meltdown
This Week’s Topic: The Battle for Egypt. This week’s special guest interview: L.A. Marzulli. Follow the Money Weekly Radio is a financial radio show about the stock markets, commodities, energy investing, the global financial crisis, where to invest money, where to buy gold and silver, saving money, finding a financial advisor, and paying off debt. Hosted by economist and best-selling author, Jerry Robinson. For the best in financial news, listen to the Follow the Money Weekly Financial Radio Show.