… look at the wealth creation and accumulation side of finance. Even within this realm though, some insurance products offer significant benefits over comparable bank or mutual fund products, especially for the elderly, the risk-averse, or the affluent.
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Personal financial life planning |
Category: retirementJune 2, 2010 February 6, 2010 January 18, 2010 Planning around Long-term care need if one cannot (or doesn’t want to) buy LTC insurance‘There is more than one way to skin a cat’ can be true for some when planning how to pay for the things (and mainly the services) triggered by a potential long-term care situation. Underwriting difficulties are more frequent than … December 22, 2009 Long Term Care insurance (LTCi) - an increasingly more important risk managing toolWhat is the smaller mistake? The ‘waste premium dollars’ vs. ‘going uninsured’ dilemma in a ‘historical asset/income effects’ context. There is always a risk at any age that we become unable to take care of ourselves; chances for that grow … July 27, 2009 New ways of creating personal pension type retirement income producing portfoliosInvitation to a conference dealing with annuities and optimal allocation in retirement provides an opportunity to evaluate two special calculators, one (from a major Canadian insurer) kept for financial advisors and insurance agents/brokers, while the other freely available for anyone … June 26, 2009 Whole life insurance as investment - a disappearing excellent investment opportunity for retirement planningSummary: January 29, 2009 Allocate assets and products, and more kinds of them, wiselyClosely related to broad and creative goal-setting and synchronous balancing of many factors is giving robustness and resilience to your plans by involving more asset and product classes. It makes sense to step even further, beyond financial assets, and think … Learn lessons of the past, and from long term running of numbersIt became obvious recently that relying on the lessons of recent history only can gravely mislead us. Real life examples and review of both historic and long-term made-up scenarios can help in finding best personally viable asset-allocation strategies, and protect … Some silver lining is still there. Ideas on what to do now.While despair and other negative reactions to the ongoing financial and economic crisis are understandable, one can also see it as an opportunity or perhaps even a potential savior. Collectively, we were steamrolling ahead on an unsustainable path, with seemingly … June 1, 2008 Preparation for the ‘golden decades’Retirement planning is probably the number one reason people are interested in personal financial planning. Given the huge amount of widely available information on this topic (endless lists of books, articles, websites, advertisements, etc.), it’s close to impossible to say … |
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