Will You Live to 100? It’s Entirely Possible.
How long will you live? How do you know? Unless you have a pretty clear idea, it may be difficult to create a sustainable retirement income plan that will meet your income and legacy objectives. Life expectancy tables are averages, so unless you are average, they...
Keep working, delay Social Security
"You can’t ‘should have done’ anything. It’s simply not possible, so take a few deep breaths and try to relax. So, you didn’t reduce your exposure to equities when you had the chance. You didn’t move 20% of your retirement savings into a deferred annuity to ‘take some...
What has the PAUSE button brought to light for you?
This may be the best time to contemplate. I invite you to do some “imagineering” in the remaining time we are sequestered. Daydream. Read. Research. Meditate. Set intentions.
American College Collaborations & Long-Term Care Insurance “Hybrids”
In 2018, Bill was recognized by the American College of Financial Services (Bryn Mawr, PA), as an expert in long-term care planning and insurance and he collaborated with colleagues several times during the year. With Jamie Hopkins, Director of Retirement Research at...
Rewire the Way You Think About Retirement
In the introduction to his new book, my friend and colleague Jamie Hopkins asks “Can you visualize retirement?” He says most of us can’t, which makes retirement planning “like hitting a moving target in the wind”. It’s important to acknowledge that moving from the...
Laundry Tubs and Living Better, Longer
During a recent conversation with a friend she admitted, “I still don’t really understand what you do. So, you sell insurance?” To make it easier, I suggested the image of a laundry tub. I said to her, “If you want to fill your laundry tub with water, what’s the first...
An Ounce of Prevention
Back in 1972, “You can pay me now, or pay me later", helped FRAM sell a ton of oil filters. That memorable phrase was usually uttered in FRAM’s television commercials by an auto mechanic, who explains to his customer that he can either pay a small sum now for the...
Pushing Insurance
“There are worse things than death - have you ever spent an evening with an insurance salesman?" ~ Woody Allen After moving to a new neighborhood and joining the local fitness center, I one day discovered the man on the next treadmill was a neighbor. The conversation...
Optimizing Retirement Income to Live Better, Longer
In study after study, baby boomers say they are concerned about healthcare costs and long-term care in retirement, but their biggest fear by far is outliving their savings. Will you have enough? How do you know? Most of us have been programmed to focus on the...
To Live Better Longer, you may soon find yourself investing in a tontine
Numerous factors have helped increase human longevity. Many of us will live to be 90, and some perhaps even 100 or more. Unfortunately, in our younger years, many of my fellow Baby Boomers were not particularly focused on the possibility of living 35 years past...
