Is a Zero Percent Tax Bracket in Retirement a Good Idea?
Insurance agents sell policies by scaring you about future tax rates and advocating you invest in insurance to get to a 0% tax bracket in retirement. Beware!
Insurance agents sell policies by scaring you about future tax rates and advocating you invest in insurance to get to a 0% tax bracket in retirement. Beware!
While 10-pay policies have a slightly higher return than traditional whole life, they're still a relatively poor long-term investment.
Sometimes, smart people simply aren't aware of the financial issues they need to take care of. New physicians either need to do their own financial planning, or pay someone else to assist them with i...
Most Americans know their families need life insurance. We’ve all heard of term and whole life insurance because they are the most popular and frequently discussed types of coverage available, but wha...
[Editor's Note: This article was originally published in the ACEP Young Physicians Section Newsletter a few months ago. There isn't an electronic copy of the newsletter to link to, so I've decided to...
By Dr. Douglas Segan, JD, Guest Writer You are at the desk of the car rental office. The odds are that you are a little stressed and in a hurry. The agent at the desk puts some paperwork in front of y...
By Dr. Jim Dahle, WCI Founder Let's say you've done very well for yourself and you're going to have an estate tax problem. Your estate will be more than $5.34 Million ($10.68 Million if married) when...
An individual retirement ANNUITY is the ideal way to hold a SPIA purchased with tax-deferred money. You avoid a big tax bill and complex calculations.
[Editor's Note: Regular readers know I'm not a huge fan of whole life as an investment and generally recommend against it in most situations. However, it is not without its benefits which make it su...
Q. 1) I am the owner of a whole life policy through Northwestern Mutual. I have owned it since 1999 and have approximately 22K in cash value. Given the low interest environment these days, I think it...
Most people shouldn't buy LTC insurance, and not on your parents either. Here's what to consider as you evaluate the decision.
The posts on this website about cash value insurance continue to attract comments (mostly from those who sell it) like a knight in shining armor on a summit in a thunderstorm attracts lightning. Mont...
Many insurance companies and their agents will sometimes offer you a life, disability, or other insurance policy with a return of premium (ROP) rider. The salesmanship really kicks in as they explain...
Variable universal life insurance is rarely a good idea. In this post I explore what it would take for it to be a good idea for you.
The LEAP system advocates using whole life insurance to solve all of life's financial ills. It's more of a method to sell insurance than a financial system.