Are We Getting Ready for Great Recession?
Looking for something different than Wall Street?
Did you know that Permanent Life Insurance is a great strategy to save money?
Policy owners made it throughout many recessions and valued permanent life insurance even more!
Companies have been consistently paying dividends for nearly 200 years!
Here is 5 GUARANTEED benefits you should know about:
- Growth of Principal
- No Loss of Principal
- Insurability
- Disability Protection
- Calculated Returns
If interested to learn more about any type of Life Insurance contact me: Rogerio@fastforwardfinances.com
and I’ll share with you 5 other benefits and why you should consider getting your own policy.
August Quote
"No matter how great the person your work with is, no one is going to care more about your money than you do". T. Robbins
Life Insurance Quick Guide
Why Life Insurance?
What would happen to your family’s financial health if you and your income were gone? Could they maintain their standard of living? Pay for college tuition? Your household bills? What about mortgage or rent?
We know money is tight these days, but don’t be tempted to skimp on one of the most important and affordable investments you can make to protect your family’s financial health: Life Insurance.
Get Now?
Having adequate life insurance coverage should be an essential part of your overall financial plan – at every age. And the sooner you buy, the better. That’s because the younger and healthier you are when you purchase coverage, the less you’ll pay in premiums.
Some life insurance plans also offer cash savings options, which means the sooner you begin saving, the sooner the cash value of the plan can begin growing.
How Much Insurance is Enough?
If you’re working, your employer may provide you with a life insurance policy as part of your benefits. But depending on your personal situation, that policy may not be adequate for your unique situation and needs.
Quick Tips- Life Insurance
- Understand what types of life insurance are available for you. Typically, you’ll hear about term life insurance and universal life insurance (sometimes referred to as permanent insurance). Term life insurance typically doesn’t cost as much as universal life insurance. Both types of coverage may be available through your employer’s benefit package and would be a valuable financial resource for your loved ones if you were to pass away
- Determine how much life insurance you are going to need. It’s a common question that leaves many people frozen in the decision making process. Each person’s needs and responsibilities are different. So, how much will depend on your personal situation. Current policyholders should also review the amount of life insurance they own after each life changing event. A new child means college tuition in 18 years.
- Consider buying life insurance for your spouse or child. While this can seem like an unwelcome consideration, as no one ever wants to consider the loss of a loved one, make sure you have enough insurance to pay for funeral expenses and even replace a loss of income.
- Funeral expenses cost on average $10,000 and as much as $20,000. Funeral homes expect to be paid quickly and some want to be paid up front. Worrying about the bill is another challenge a grieving family member doesn’t need. Meanwhile, some families might rely on a spouse’s income. Again, revisit how muchlife insurance you have after each big event in your life. Beyond just funeral expenses, the family left behind may need life insurance to help pay bills, maintain daily living expenses or even cover a mortgage or pay for a child’s college tuition.
- Know your plan and what benefits are available. Employers can offer a variety of different policies, and each offer different options. Some policyholders who suffer from a disability might quality for a waiver of life insurance premiums. For policyholders who become ill and are given a prognosis of a year or less to live, they might qualify for terminal illness benefits, where they can receive a portion of life insurance upfront to help pay medical bills. Some policies allow policyholders to borrow against life insurance to help pay for a new house or other big event.
- Update your coverage amount and beneficiaries after every major event in your life such as a marriage, divorce, or the birth of a child. Delaying will only lead to forgetting. If the unexpected should happen, the policy’s proceeds will be distributed as written. Also, keep your Will up to date so you can be certain your wealth is distributed as you intend.
In what chair would you sit?
Which chair would you want to sit in?
These four chairs have remained constant for thousands of years. The BANK provides the SAVER with guaranteed safety. The individual BORROWER gets access to funds for living needs like a house or a car … and business owner access to funds for new equipment or other business improvements. The qualified BANKER is trained to keep the ” Deposits” of the bank working hard without high exposure to risk. The BANK OWNER, perhaps the most elusive of the group, oversees one of the great wealth building principles of all time- interest income secured by quality assets.
One more thing-
The 9-5 Illusion ” I saw a bank that said” 24 hour banking,” but I don’t have that much time.- STEVEN WRIGHT, comedian
Letter from Japan…
Hi everyone! I lived in Ibaraki-ken for 1 year back in 1997… I remember going back and forth to work and to the train stations…. riding my Japanese bicycle thru the rice fields. Anyway, I received this email today… a friend of a friend and wanted to share with you.
Rogerio Higa
I wish to share this letter with you sent to me by a friend in Japan. What the letter below expresses deepens my fondness, admiration and utter respect for the people of Japan and all survivors around the world. Please take a moment today to be utterly grateful for all you love, all you cherish, all you have, and all who are dear to you–think about how you might contribute love and gratitude in your own world. Kaitlin
Begin forwarded message:
A letter from Sendai
ANNE THOMAS 3/14/2011Things here in Sendai have been rather surreal. But I am very blessed
to have wonderful friends who are helping me a lot. Since my shack is
even more worthy of that name, I am now staying at a friend’s home. We
share supplies like water, food and a kerosene heater. We sleep lined
up in one room, eat by candlelight, share stories. It is warm,
friendly, and beautiful.During the day we help each other clean up the mess in our homes.
People sit in their cars, looking at news on their navigation screens,
or line up to get drinking water when a source is open. If someone has
water running in their home, they put out a sign so people can come to
fill up their jugs and buckets.It’s utterly amazingly that where I am there has been no looting, no
pushing in lines. People leave their front door open, as it is safer
when an earthquake strikes. People keep saying, “Oh, this is how it
used to be in the old days when everyone helped one another.”Quakes keep coming. Last night they struck about every 15 minutes.
Sirens are constant and helicopters pass overhead often.We got water for a few hours in our homes last night, and now it is
for half a day. Electricity came on this afternoon. Gas has not yet
come on. But all of this is by area. Some people have these things,
others do not. No one has washed for several days. We feel grubby, but
there are so much more important concerns than that for us now. I love
this peeling away of non-essentials. Living fully on the level of
instinct, of intuition, of caring, of what is needed for survival, not
just of me, but of the entire group.There are strange parallel universes happening. Houses a mess in some
places, yet then a house with futons or laundry out drying in the sun.
People lining up for water and food, and yet a few people out walking
their dogs. All happening at the same time.Other unexpected touches of beauty are, first, the silence at night.
No cars. No one out on the streets. And the heavens at night are
scattered with stars. I usually can see about two, but now the whole
sky is filled. The mountains around Sendai are solid and with the
crisp air we can see them silhouetted against the sky magnificently.And the Japanese themselves are so wonderful. I come back to my shack
to check on it each day, now to send this e-mail since the electricity
is on, and I find food and water left in my entranceway. I have no
idea from whom, but it is there. Old men in green hats go from door to
door checking to see if everyone is OK. People talk to complete
strangers asking if they need help. I see no signs of fear.
Resignation, yes, but fear or panic, no.They tell us we can expect aftershocks, and even other major quakes,
for another month or more. And we are getting constant tremors, rolls,
shaking, rumbling. I am blessed in that I live in a part of Sendai
that is a bit elevated, a bit more solid than other parts. So, so far
this area is better off than others. Last night my friend’s husband
came in from the country, bringing food and water. Blessed again.Somehow at this time I realize from direct experience that there is
indeed an enormous Cosmic evolutionary step that is occurring all over
the world right at this moment. And somehow as I experience the events
happening now in Japan, I can feel my heart opening very wide. My
brother asked me if I felt so small because of all that is happening.
I don’t. Rather, I feel as part of something happening that is much
larger than myself. This wave of birthing (worldwide) is hard, and yet
magnificent.Thank you again for your care and Love of me,
With Love in return to you all,
Anne
Happy Monday…
Happy Monday! I hope that you all enjoyed the weekend with your family and loved ones.
Great quote from Susan Evans on the Saturday teleseminar “No one ever runs out of money, they run out of ideas”.
