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Pensions on Target to Fall of Fiscal Cliff

The pensions in the United States, United Kingdom, Japan, The Netherlands, Canada,  Australia, China and India will have a projected unfunded liability of $428 Trillion dollars by 2050.  That figure does not, and I repeat does NOT include…
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Parents Are Drowning In College-Loan Debt

That is a frightening headline.  What makes it frightening is right now, according to the Government Accountability Office, over 330,000 student loans have not had a payment in over a year. Another 180,000 are more than a month delinquent. Yes,…
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Need Cash Now

It doesn’t take long while watching TV or listening to the radio to hear a commercial encouraging people to contact any number of companies that will help you access the money of your life insurance before you die. In one commercial a senior…
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Healthcare Costs in Retirement Haunt Baby Boomers

The Employee Benefits Research Institute (EBRI) just released a study showing that a retired couple could require as much as $350,000 to pay healthcare costs in retirement.  That is for a couple who is 65 years old in 2016. The report gives…
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A Sweep Account for Business Owners

There once was a time that it made sense for the business owner to use what is called a Sweep Account. One primary account was set up by the business as a checking account where money flowed in and out to pay for goods and services, payroll,…
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The Pressure of the Stock Market

Often in a visit with people about their money and finances it comes to my attention that they are having to lean more and more on higher risk investments to make money. Why is this when it appears that the market is really doing well?…
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Personal Savings Rate is an Indicator of National Greatness

"Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals." Those are the opening word to the foreword of George S. Clason's timeless classic The Richest Man in Babylon.  Although they were possible…
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Which insurance company is best for IBC?

This is a question we get a lot.  A picture (Diagram) is worth a thousand words, so......
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More Sellers Than Buyers?

Quick answer this question:  What happens to the price of something if there are more sellers than buyers? I know that was a simple question, but I wanted to have that as a foundation for this post. Several years ago I read the book;…
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Whole Life Insurance, an asset class for general public and for your Portfolio.

I recently came across and interesting interview from CNBC.  You can go watch the interview here. The interview had many good points the least of which was the title of this article;   Whole life insur­ance is a safe asset that should be…