My Comments: If this headline caught your attention like it did mine, then what is the message? As a life insurance salesman for lo these past 40 years, talking about death is not something new to me, though always somewhat uncomfortable. You and I both know it’s inevitable, but not something to dwell on. The …
Category: Retirement Planning
Ideas to help preserve and grow your money
10 Common Estate Planning Mistakes (and how to avoid them)
My Comments: As you can imagine, estate planning is not for the faint of heart. But it matters for some of us, who have spent years and years accumulating assets. While this happens, people get married, they get divorced, they have children, some of whom are considered responsible. I had a recent conversation with someone …
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The Conversation I Don’t Want to Have
My Comments: There are probably other conversations I don’t want to have but this is the one on todays agenda. It involves the problems all of us face as we grow older. The alternative to growing older is you have already died, which in itself is not a happy thought. A colleague in California penned …
7 Retirement Planning Risks You May Not Have Considered
My Comments: We wonder sometimes why the media is so consumed with bad news; it’s hard to find items that make you feel good. Unfortunately, I herewith add another element of negativity to the days actvity. On the other hand, knowing about these seven may help you avoid them which is a good thing. Does …
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Why the IRS Wants You to Watch Your IRA Rollovers
My Comments: Can you say esoteric? Can you say huh? Can you say obscure? The IRS recently issued a ruling, or perhaps more accurately a tax court decision made it for them that limits a persons ability to make an IRA rollover more than once in any calendar year. Used to be if you had …
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Guide to Tracking Down Old 401k Accounts
My Comments: From time to time someone will ask me about an old account they had when they worked somewhere else. They have no paperwork they can find and no memory of whether they transferred the money, how much it was, etc. This guide came from a source I use from tme to time where …
Top 10 Benefits and Risks of Forming a Captive
My Comments: I recently published an eBook with the title CAPTIVE WEALTH! It explains how to use an 831(b) Captive Insurance Company to create, to grow, and to preserve wealth. While not a simple idea, it does have the blessing of the IRS if you do it the right way, under the right circumstances. That …
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Buy Term and Invest the Difference?
Comments from me, Tony Kendzior: For many years, my primary income resulted from my license to sell life insurance, health insurance and annuities in the State of Florida. But like so much over these many years, the markets changed, the rules changed, the perception of need by consumers changed. And then came the internet. One …
Thought for the Week – Longevity Risk
The economy we have been experiencing since 2008 has seen historically low interest rates. It’s taken five years to recover what has been lost. We should be paying attention to some of the implications here since ignoring their impact on many of you and on me personally could be dramatic. Think about it: • We …
Social Security Tips: How to Use File & Suspend
My Comments: I offer great thanks to the author of the following article, Michael Kitces. You’ll find his credits at the end of this post. This will take a little time to read and understand. But if you are getting ready to file for Social Security benefits, or are just now starting to think about …
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Helping Define Your Financial Future 