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Joe Lucey

Could you retire sooner than you think?

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Forbes: 7 Simple Strategies to Retire Early Click Here

“I’m never going to be able to retire.” Have you ever mumbled this to yourself? If you have, you’re not alone. Over 1/3 of all Americans don’t believe they’ll have enough money to live off of in retirement.  Ouch. With all the pessimistic view on retirement, then how in the blue blazes are there outliers that are able to buck the trend and retire in their 30’s? While they may be on the extreme side of retiring early there’s a lot to be learned from them.

So yes, even if you are one of pessimistic souls that believes that you can’t retire early, here are 7 simple early retirement strategies you can implement today:

1.      Know Your “Numbers”

2.      Lower Your Basic Cost of Living

3.      Stay Out of Debt

4.      Don’t Buy a House That Will Own You

5.      Save More Than You Thought You Ever Could

6.      You May Need to Increase Your Income

7.      Make “Balance” Your Investment Guiding Principle

US News: 8 Reasons to Pursue Early Retirement Click Here

Most people retire during their 60s. To retire earlier than that requires planning, discipline and paying close attention to your savings and investments. But the sacrifices and extra effort are worth the trouble. Early retirement planning makes you rethink what brings you happiness and life satisfaction outside of your career and improves your financial footing.

Here are eight reasons to pursue early retirement:

  1. Address the future today (set your retirement goal)
  2. Increase your income
  3. Circumstances may require you to retire early
  4. Improve your relationships
  5. Travel
  6. Prioritize your health
  7. Lower consumption and spending
  8. Failure isn’t a bad outcome – at least you’ll set your goal

WSJ: Let’s See How Ready for Retirement You Really Are Click Here

I have no idea when, or if, markets will settle down. What I do know is that it’s easy to get caught up in issues that are out of our hands: the markets, interest rates, changes in government programs, etc. At their worst, such anxieties can leave people paralyzed. Put another way, you could end up delaying—and delaying—your retirement for a very long time.

So…instead, focus on the parts of your retirement preparations where you have control. 

Pop quiz: If you are, in fact, retiring in 2019, how many of the following steps—for which you’re the boss—have you taken?

  1. Setting a budget
  2. Reducing debt
  3. Timing Social Security
  4. Creating a pension
  5. Managing taxes

Dave Ramsey: How to Retire Early Click Here

How do I retire early?

That’s a question I hear a lot when I’m on the road. Maybe you’re concerned about health issues. Perhaps you want to chase that dream of owning your own business. Or maybe you feel led to do volunteer work. Whatever the reason, the question is the same: What would it take for me to retire at 60? Or even 55 or 50? 

The answer depends on your financial situation, but if you’re serious about learning how to retire early, there are some things you need to do:

  1. Determine what kind of lifestyle you want in retirement.
  2. Create a mock retirement budget.
  3. Evaluate your current financial situation.
  4. Get serious about lifestyle changes.
  5. Pour everything into investing.
  6. Meet regularly with a financial advisor.
  7. Play it smart when you retire early.

The Motley Fool: Want to Retire Early? Handle These 3 Hurdles First Click Here

For many workers, the idea of retiring early is a dream they’ve pursued throughout their careers. Being able to have more time to do the things you want is a goal that nearly everyone has.

However, in order to make early retirement work, it’s important to understand the potential difficulties involved and to address them while there’s still time. In particular, if you want to retire early without ending up in a difficult situation, you’ll want to make sure that you have three key issues dealt with before making a decision you might regret later.

1.      Figure out where your money will come from

2.      Decide how you’ll bridge the healthcare gap

3.      Come up with a strategy for staying active socially

Kiplinger: Worried You’re Never Going to Be Able to Retire? Click Here

Some people spend more time thinking about retirement than others, but most everyone has at least a few ideas about what their life will be like when they don’t have to work anymore. 

Unfortunately for many, hoping and dreaming is about as far as they get in the planning process. They don’t know whether they can really achieve their goals because they haven’t taken the steps necessary to prepare for them.

If that sounds like you, and you’re anywhere close to the age you think you’d like to be when you retire, let me warn you: Your retirement reality could be far different from the lifestyle you’ve imagined. And if it is, it likely will be because you ignored one or more of these five basic threats:

Threat No. 1: Unclear plans.

Threat No. 2: Medical costs.

Threat No. 3: Investing too conservatively.

Threat No. 4: Not knowing how much risk is in your portfolio.

Threat No. 5: Inflation.

Why You’re Not Prepared for Retirement: Research

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Forbes: Why You Might Not Be as Prepared for Retirement as You Think Click Here

Are you worried about retirement? If so, you’re not alone. According to our research, only 22% of employees reported being on track last year and the actual state of retirement preparedness may even be worse. That’s because many people use retirement calculators to estimate whether they’re on track, but even the best calculator is subject to the universal rule of computer programs – garbage in, garbage out.

Here are some of the most common mistakes I see people make when it comes to calculating whether they’re on track …

  1. Not personalizing retirement spending needs
  2. Trusting your Social Security statement
  3. Counting on a pension that might not be there
  4. Relying on working in retirement
  5. Assuming an average life expectancy
  6. Planning to retire at 65.
  7. Overestimating investment returns
  8. Confusing investment returns with income

The Motley Fool: 3 Signs You’re Not Ready for Retirement Click Here

You may be mentally and emotionally ready to retire, but if you’re not financially ready, your retirement may not be the relaxing time you’d hoped for. Being truly ready to retire means having a thorough grasp of how much money you need and the savings to back it up. Here are three signs that you’re not quite there yet.

1.      You don’t have a retirement plan

2.      You have a lot of debt

3.      You don’t know when you should take Social Security

Medium: Why 78% of Americans Are Not Prepared for Retirement Click Here

Many Americans have very little saved for the retirement. The 2018 Planning & Progress Study gathered data in an online survey from over 2000 Americans over the age of 18. In that survey, 78 percent of respondents said they were “extremely” or “somewhat” concerned about affording a comfortable retirement and nearly 66 percent said there was some likelihood of outliving retirement savings.

Additionally, the report found that, * 21 percent of Americans have no retirement savings at all, * 33 percent of baby boomers have between $0 and $25,000 of retirement savings, * 75 percent of Americans reported a lack of confidence in receiving Social Security benefits, and * 46 percent admitted to taking no steps to prepare for the likelihood they could outlive their retirement.

There are a number of reasons that Americans are not prioritizing retirement planning. From not having finances organized to daily budgetary constraints, there is always a reason to put off retirement planning. A recent phenomenon known as “The Sandwich Generation”, where adults age 40 through 50 are caring for children and aging parents, has caused an immense financial strain. In fact, 15 percent of people between the ages of 40 and 50 are financially supporting aging parents and their children, making retirement planning extremely difficult.

However, retirement planning is essential for a financially secure future and not being financially prepared can have dire consequences. Aside from being living comfortably in retirement, not planning for retirement puts a strain on government resources.

The Balance: Tips to Prepare for Retirement Success Click Here

The retirement planning process takes time and effort. At times it may seem like an overwhelming task. But what you do today can help you achieve your retirement goals and allow you to maintain the lifestyle you want in your later years.

Here are some tips to make reaching those retirement goals feel a little more manageable.

Tip 1: Focus on the things you can do and decide to take action today

  • Create a plan and put it in writing
  • Implement your plan
  • Track your progress

Tip 2: Protect yourself and your loved ones

  • Your life
  • Your health
  • Your assets

Tip 3: Take a look at all of your retirement saving options

  • Employer-sponsored retirement plans (401k, 403b, etc).
  • Check out IRAs
  • Consider HSAs.


Tip 4: Focus on your overall financial well-being

  • Increase your knowledge
  • Increase your income
  • Find ways to reduce your spending
  • Refinance and consolidate debts
  • Eliminate extra fees and charges.
  • Search for ways to reduce your taxes

MarketWatch: The 7 Elements of a Successful Retirement Click Here

  1. Start with well-defined goals, and revisit them at least annually.
  2. Many people get great satisfaction from work
  3. Another aspect of retirement is lifetime learning
  4. Budgeting is more than setting a top-line spending number based on a pre-arranged percentage
  5. Let’s consider income
  6. Take the time to go through your employment history and discover what benefits you may have forgotten
  7. Invest for your whole life

Kiplinger: If You Want to Retire Comfortably, It Isn’t all About Investing Click Here

A lot of people — maybe even most people — can be successful DIYers through the early years of their investing life. Unless you’re a high earner, have a high net worth or have some other special planning needs, you probably can figure out how much you want to contribute and how to allocate your assets. (If you can’t or don’t want to, you should, by all means, seek professional guidance — even if it’s only on specific occasions, or to tap into some good investing advice.) 

However, I’m going to warn you: When you’re ready to wrap up the accumulation phase and move on to preservation and distribution, things could get a little trickier. OK, a lot trickier. Using a DIY approach may not be the best choice as the focus shifts from making and saving as much money as you can to living off that money for decades in retirement. 

You need a comprehensive financial plan that includes …

  1. A solid income plan
  2. An investment plan
  3. A tax-efficient plan
  4. A healthcare plan
  5. A legacy plan

Don’t let these 4 tax traps ruin your retirement

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Most people are focused on their investment returns, but they’re ignoring the one thing that could have an even bigger impact on their nest egg.


Taxes.

Taxes will likely be your biggest expense in retirement. Below are 4 retirement tax traps you should get in front of before you start planning that retirement party.

Retirement Tax Trap #1: Claiming Social Security could trigger higher taxes.

Claiming your Social Security benefits could be one of the most important financial decisions of your life. How and when you claim Social Security could impact far more than just the amount of your benefits check. It could also trigger paying taxes on as much as 85% of your benefits.

Don’t make your decision solely based on maximizing your benefits. Instead, consider how it could impact your taxes, Medicare premiums and spousal benefits.

Retirement Tax Trap #2: Taxes on your IRA, 401K (and other retirement accounts)

Contributing money to your IRA and 401K is easy. But withdrawing this money in retirement is complicated and confusing.

Remember, you must pay taxes when you withdraw this money in retirement. And Required Minimum Distributions will further complicate matters. When you turn 70 ½, “RMD’s” force you to start withdrawing money from these accounts, whether you want to or not. And this could result in paying more and more taxes every year

The key is to create a strategy for RMD’s in your late 50’s or early 60’s.

Retirement Tax Trap #3: Not having tax diversification

According to Kiplinger Magazine, “For the average individual, diversification has always focused on equities, and equities alone. And that’s a problem.”

Your money should be invested in different categories to diversify your tax risk.

Most financial accounts fall into 3 categories: taxed always, taxed later and taxed rarely. If you have too many eggs in one basket, it could spell serious financial trouble in retirement.

Retirement Tax Trap #4: Not switching to a ROTH IRA or 401K

An IRA or 401K allow tax-free contributions. But you must pay taxes when you withdraw this money in retirement unless you convert some, or all your traditional IRA or 401K to a ROTH.

A ROTH IRA or 401K doesn’t allow tax-free contributions (that’s the catch), but you pay zero taxes when you withdraw money in retirement. ROTH accounts are not subject to RMDs either. That means you get tax-free growth, which could add up to tens of thousands of dollars in retirement (possibly more).

Meet with a qualified financial advisor to see if you should convert your IRA or 401 to a ROTH.

Summary

The good news is you have more control over how much you pay in taxes in retirement, than any other time of your life. But this doesn’t automatically happen. It requires a forward-looking tax plan.

Various Types of “Economies”

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As recently as five years ago, few people had heard of emerging businesses like Airbnb and Uber that allow proprietors to share their personal residences and cars to generate income. This business model is now commonly referred to as the “sharing economy.” 1

However, just as capitalism morphs, so does the concept of sharing. For example, some Uber drivers actually lease an upscale car to charge higher fares that compete with luxury driving services.2

The Great Recession played a hand in encouraging unemployed workers to find innovative sources of income when jobs were scarce, and the sharing economy has been seen as influential in our overall economy’s recovery. It’s worth considering how we can better prepare ourselves for potential economic declines via job innovation, vigilant savings habits and protecting a portion of our retirement assets through guaranteed insurance products. If you’d like help devising a strategy using a variety of insurance products to help you work toward your long-term retirement income goals, please call us to schedule a meeting.

In addition to the sharing economy, today’s world is home to a wide array of economic varieties, including:

Sharing Economy

As mentioned, this model focuses on sharing or renting under-utilized assets. One of the primary concerns with this model is trusting others to take care of your personal assets. Some proprietors require an upfront deposit to help defray the cost of breakage or stolen goods. Insurance companies also have gotten into this business by developing policies for reimbursement.3

On-Demand Economy

This model focuses on providing goods and services on an as-needed basis. For example, in situations where a short-term rental is cheaper than buying — such as owning a car in a large metropolitan city — it can be more cost effective and convenient to use Uber transportation rather than own a car. This is true in expensive cities including New York City, Chicago, Los Angeles, and others, particularly when including expenses like gas and insurance. 4

Peer Economy

This economic model is based on the creation of products, delivery of services, funding and more by peer-to-peer (P2P) networks. These peer-lending platforms can help bolster economic progress, particularly in a rising interest-rate environment. For example, a small business seeking capital may be able to use an online P2P lending platform that matches borrowers to lenders. This can help a business owner acquire a less expensive loan more quickly than through a traditional financial institution.5

Crowd Economy

The crowd economy enlists the larger population or a subset to generate funding, information, resources and more. This particularly interesting phenomenon has infinite applications. For example, the city of Akron, Ohio, is providing CPR training to the general public in hopes that crowd-sourcing certain emergency service skills will lead to more victims getting immediate help until paramedics arrive.6 Crowd-sourcing also is a good way to find undiscovered talent. Instead of hiring an advertising agency to produce promotional artwork for an annual film festival, the organizers may hold an open competition for the public, tapping local artists whose talent may otherwise go unnoticed.7

Statistics indicate that the sharing economy and its various iterations are producing big revenues. A recent U.S. study found that on-demand workers generated more than $110 billion in the 15 largest metropolitan areas, including New York City, Los Angeles, Miami, Chicago, San Francisco and Washington, D.C.8

Content prepared by Kara Stefan Communications.

1 April Rinne. World Economic Forum. Dec. 13, 2017. “What exactly is the sharing economy?” https://www.weforum.org/agenda/2017/12/when-is-sharing-not-really-sharing/. Accessed June 2, 2018.

2 Ibid.

3 Matthew Wall. BBC News. June 1, 2018. “’I bought my mum a flat just by renting out my camera kit.’” https://www.bbc.com/news/business-44301183. Accessed June 2, 2018.

4 Megan Rose Dickey. TechCrunch.com. May 30, 2018. “Here’s where it’s cheaper to take an Uber than to own a car.” https://techcrunch.com/2018/05/30/heres-where-its-cheaper-to-take-an-uber-than-to-own-a-car/. Accessed June 2, 2018.

5 Craig Asano and Michael King. The Globe and Mail. May 30, 2018. “Peer-to-peer lending will help small businesses stay afloat.” https://www.theglobeandmail.com/business/commentary/article-peer-to-peer-lending-will-help-small-businesses-stay-afloat/. Accessed June 2, 2018.

6 Doug Livingston. Akron Beacon Journal. May 31, 2018. “Akron is ‘crowd-sourcing’ CPR.” https://www.ohio.com/akron/news/akron-is-crowd-sourcing-cpr. Accessed June 2, 2018.

7 Michael Beiermeister. WBKB11.com. June 1, 2018. “Thunder Bay Film Society Crowdsourcing Cover Art for 2018 Sunrise 45 Film Festival.” http://www.wbkb11.com/thunder-bay-film-society-crowdsourcing-cover-art-for-2018-sunrise-45-film-festival. Accessed June 2, 2018.

8 Benjamin Mann. JD Supra. May 24, 2018. “The Gigs Get Bigger: Recent Data Shows the On-Demand Economy is Growing Into New Areas.” https://www.jdsupra.com/legalnews/the-gigs-get-bigger-recent-data-shows-85361/. Accessed June 2, 2018.

Guarantees and protections provided by insurance products including annuities are backed by the financial strength and claims-paying ability of the issuing insurer.

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice.

 

The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

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Market Trends

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Fueled by more plentiful jobs, the U.S. residential real-estate market is skyrocketing. In some areas, particularly major metropolitan cities, buyers are struggling to either find or afford a home. Those lucky enough to find the right place have to move quickly — gone are the days of extensive deliberation on whether a house fits every needs.1

According to Zillow, houses in 2017 sold in a median of 81 days, including the time to negotiate contracts and close, meaning many homes were on the market for less than a month.2 For homeowners thinking about downsizing in retirement, this may be the time to take advantage of the current housing price bubble. If you are in the market to sell your home, many real estate experts recommend selling before 2020 when another recession is expected.3

trends come and go. Whether you’re considering changes to your financial strategy or living circumstances, it’s a good idea to take a long-term perspective despite current trends. The ages of retirees range from 50 to 100+, so we understand off-the-shelf, cookie-cutter advice just doesn’t cut it.4

Today’s planning focus is often goals-based, rather than performance-based, with a customized financial strategy rather than just an investment portfolio.5 If we can help you develop a long-term financial strategy designed to meet your goals, with the flexibility to take advantage of current market trends, please give us a call.

While some wealth managers caution that the current long-running bull market is due for a correction, at least two Wall Street strategists claim this trend of rising stock prices could last a total of 20 years. But take caution; even in this optimistic scenario, investors should expect periodic volatility and corrections of up to 10 percent.6

Today’s market environment — characterized by rising inflation, the strengthening dollar and a less predictable global market for multi-national corporations — lends itself to a rise in small-cap stocks. So far this year, the Russell 2000 Index has outperformed the S&P 500 Index’s large-cap stocks.7

The price of oil is another market trend ready to skyrocket, which could increase the average gas price in the U.S. above $4 per gallon — about 40 percent higher than today. While the average household may feel the pinch, businesses can offset the capital expense with additional spending, and shale-productive areas like New Mexico and Texas are poised for higher growth.8

Content prepared by Kara Stefan Communications.

1 Noah Buhayar. Bloomberg. April 17, 2018. “Home Hunters, Get Ready to Make Your Offer—Faster Than Ever.” https://www.bloomberg.com/news/articles/2018-04-17/home-hunters-get-ready-to-make-your-offer-faster-than-ever. Accessed May 28, 2018.

2 Ibid.

3 Jacob Passey. MSN. May 24, 2018. “Thinking of selling your home? Do it before 2020, economists say.” https://www.msn.com/en-us/money/realestate/thinking-of-selling-your-home-do-it-before-2020-economists-say/ar-AAxEbqH?li=BBnbfcN. Accessed May 28, 2018.

4 Michael Finke. ThinkAdvisor.com. Feb. 5, 2018. “Goals-Based Investing and 4 More Trends for Advisors to Watch.” https://www.thinkadvisor.com/2018/02/05/goals-based-investing-and-4-more-trends-for-adviso. Accessed May 28, 2018.

5 Ibid.

6 Adam Shell. USA Today. March 7, 2018. “Market trends: Bull run could last 20 years, optimists say.” https://www.usatoday.com/story/money/markets/2018/03/07/market-trends-bull-run-could-last-20-years-optimists-say/401610002/. Accessed May 28, 2018.

7 Michael Brush. Marketwatch.com. May 27, 2018. “All other things being equal, you’re more likely to find high growth at small companies than big ones for a simple reason: Many large companies can’t grow as much because of their sheer size.” https://www.marketwatch.com/story/six-small-cap-stocks-that-may-speed-ahead-as-the-economy-slows-2018-05-23. Accessed May 28, 2018.

8 Matthew C. Klein. Fidelity. May 11, 2018. “How rising oil prices will affect the U.S.” https://www.fidelity.com/insights/markets-economy/oil-prices-economy-may-2018. Accessed May 28, 2018.

We are an independent firm helping individuals create retirement strategies using a variety of insurance and investment products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic financial planning strategies and should not be construed as financial advice. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. 

The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

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Family Business Considerations

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Family businesses that manage to survive generation after generation leave not only a family legacy, but also the potential for tremendous wealth. For example, Arkansas-based Walmart is presently the largest business in the world in terms of revenue, earning more than $485 billion in 2017. In 1992, founder Sam Walton passed away and left his retail empire in the hands of seven heirs.1

Presently, the Walton family business outranks the wealth of the Koch Industries energy group, which is the second-largest privately owned company. Next in line in terms of individual wealth of business founders are Jeff Bezos (Amazon), Bill Gates (Microsoft) and Warren Buffett (Berkshire Hathaway).2

These are just samples of the scope of wealth an entrepreneur can amass. However, most small business owners do well just to keep their heads above water. For those who would like to pass their business on to family members, there are basic business management strategies to keep in mind.3 If we can help you develop an insurance strategy to help protect your business, your key executive staff or your legacy, please give us a call.

On a day-to-day basis, successful family-owned entities generally follow some well-honed principles to keep family politics out of the business. For example, the patriarch and his four daughters who run the six-generation family-owned business D.G. Yuengling & Son Inc. have many varying opinions. To keep the business humming, they agree that it’s OK to disagree: “Diversity of opinion is what keeps family businesses strong and spurs collaboration.”4

It’s also a good idea to keep family and business separate. This means scheduling regular, in-office staff meetings so that family dinners can focus on just that — family. It’s important, too, that everyone has distinct roles and responsibilities. It’s difficult enough when duties overlap among workers, but in a family business this can lead to an all-out sibling brawl. When jobs and job titles are doled out to family members based on their natural strengths and interests, each employee can take ownership and be held accountable, as well as enjoy the pride and satisfaction for their individual contributions.5

For some families, entering the family business may take time. Even beyond a formal education, it may be important to first seek non-family job experience before “boomeranging” back to the fold. This scenario worked well for the three generations that run Cleaver Farm and Home — a building-supply distributor in Kansas. The business has managed to expand as each generation of family members took charge. For the current generation of brothers, launching their own career paths allowed them to return to their family roots and give their own children the sort of childhood they enjoyed.6

Bear in mind, too, that younger generations can bring new skill sets to the family business.

For example, a 17-year-old prodigy whose family has owned a metalworking company since the late Middle Ages has introduced technology to the fold. Anton Klingspor added exponential growth in his family’s business through various technological tools like LinkedIn Lead Builder and Facebook Workplace to improve team collaboration and communication.7

As a business grows larger and more complex, the family may need to look outside the fold for specific skills and experience. It’s important to engage knowledgeable professionals and establish formal business and family governance systems to help manage risks and enjoy a more sustainable foundation for future success.8

Content prepared by Kara Stefan Communications.

1 Lianna Brinded. Quartz. May 14, 2018. “The richest family in the world beat the Koch brothers, Bezos, Gates, and Buffett.” https://qz.com/1276872/the-richest-people-in-the-world-walton-family-koch-brothers-bill-gates-jeff-bezos-warren-buffett/. Accessed May 28, 2018.

2 Ibid.

3 Hilary Sheinbaum. Forbes. April 30, 2018. “How The 4 Yuengling Sisters Manage The Family Business.” https://www.forbes.com/sites/hilarysheinbaum/2018/04/30/how-4-sisters-manage-the-family-business-and-still-get-along-and-you-can-too/#198c9d0262ca. Accessed May 28, 2018.

4 Ibid.

5 Amy George. Inc. Jan. 17, 2018. “How to Build a Family Business That Lasts for Generations, According to Bravo TV Star Tabatha Coffey.” https://www.inc.com/amy-george/how-to-build-a-family-business-that-lasts-for-generations-according-to-bravo-tv-star-tabatha-coffey.html. Accessed May 28, 2018.

6 Raney Rapp. Farm Talk. May 15, 2018. “Cleaver Farm and Home celebrates three generations of family business.” http://www.farmtalknewspaper.com/news/cleaver-farm-and-home-celebrates-three-generations-of-family-business/article_7796c170-584b-11e8-8ed6-27bc3ee8f20b.html. Accessed May 28, 2018.

7 John White. Inc. Sept. 7, 2017. “How This 17-Year-Old Used an Entrepreneurial Mindset to Grow His Family Business to $300-Million.” https://www.inc.com/john-white/lessons-from-a-gen-zer-on-how-to-grow-a-200-year-o.html. Accessed May 28, 2018.

8 Marleen Dielemen. Forbes. May 25, 2018. “4 Types Of Family Businesses You’ll See In Asia And How To Govern Each Effectively.” https://www.forbes.com/sites/nusbusinessschool/2018/05/25/4-types-of-family-businesses-youll-see-in-asia-and-how-to-govern-each-effectively/#5147434e659f. Accessed May 28, 2018.

Guarantees and protections provided by insurance products are backed by the financial strength and claims-paying ability of the issuing insurer. 

We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice.

The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

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