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Mission
Our Mission is to help our clients achieve their financial goals in life.
Everyone is unique, and we all have different financial goals in life, but there are some common financial goals shared by virtually everyone.
The Five Common Financial Goals of Life
- Saving enough for a long, comfortable, and totally worry-free retirement, with no compromise in lifestyle, and no real concern about ever running out of money.
- The desire to help financially in the lives of our children and grandchildren, in a meaningful way, during one's lifetime, or in the form of a legacy.
- The ability to fund, in whole or large part, the education of one's children or grandchildren.
- The capability to provide quality care to one's parents or grandparents in their later years.
- The ability to leave a meaningful legacy to a favorite school, church, charity, or other institution.
Barriers to Your Success
- 58% of Americans have no individual Life Insurance, even though 44% of American households indicate they need more coverage (source: LIMRA)
- 72% of individuals have no Disability Income Insurance even though loss of income due to sickness or injury is the number one cause of home foreclosure in America. (source: LIMRA)
- Every 30 seconds in the United States someone files for bankruptcy in the aftermath of a serious medical problem. In the time it takes for you to read this web page, several more people will file bankruptcy. A recent study found that 62 percent of all bankruptcies filed in 2007 were linked to medical expenses. Of those who filed for bankruptcy, nearly 80 percent had health insurance.* This is where Critical Illness Insurance can help.
- Market timing, or "buying high, selling low." For example, DALBAR's study of investors found that over a 20-year period ending December 31, 2008, the Compound Annual Growth Rate of the S&P 500 was 8.81% annually while the average stock investor gained only 1.87% annually, trailing the unmanaged index by 6.94%. Over the same time period, bond investors averaged 0.77% per year, and asset allocation investors averaged 1.67%. Returns this low seriously question the so-called "conventional wisdom" promoted by Wall Street. If you subtract inflation, which averaged 2.89%, the average investor lost money over two full decades, and that is BEFORE we subtract out taxes and fees! It is easy to see that many investors have been losing money during a bull market. Since this study, the market has plummeted even further - are you tired of losing money? Perhaps you should consider an annuity for your retirement portfolio.
- In 2008 the average annual rate for a private nursing home room is $76,460, yet less than 1 person in 10 owns Long Term Care Insurance to help manage this risk.
How important is it to you that you achieve your goals in life?
Fortunately, there are solutions to all of the problems that prevent people from achieving financial security, and that's where we come in. Call us today!
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