Office Hours: Monday – Friday: 9:00 AM – 5:00 PM
Building Financial Security
for Your Future
Learn about different ways to pay for long-term care, including long-term care insurance,
hybrid life insurance policies with long-term care benefits, and self-funding strategies.
Retirement Income Planning
Planning for retirement income involves understanding various sources of income and how they work together to provide financial security.
Social Security
Understand how Social Security benefits are calculated, when you can start receiving benefits, and strategies for maximizing your benefits.
Retirement Plans
If you have a 401(k), 403(b), or other employer-sponsored retirement plan, understand your investment options, limits, and withdrawal rules.
Retirement Accounts
Understand how Social Security benefits are calculated, when you can start receiving benefits, and strategies for maximizing your benefits.
Annuities
Understand how annuities can provide guaranteed income during retirement and the different types of annuities available.
Long-Term Care Planning
Long-term care is a significant expense that many people will face during their lifetime. Planning for these costs is an important part of retirement planning.
Types of Long-Term Care
Understand the different types of care available, including home care, adult day care, assisted living, and nursing home care.
Costs of Care
Long-term care costs vary significantly by location and type of care. Understanding these costs can help you plan appropriately.
Funding Options
Learn about different ways to pay for long-term care, including long-term care insurance, hybrid life insurance policies with long-term care.
Cost vs. Actual Cash Value
Understand what Medicare does and doesn't cover when it comes to long-term care
services.
Estate Planning Basics
Estate planning involves preparing for the transfer of your assets after death and
ensuring your wishes are carried out.
Wills and Trusts
Understand the difference between wills and trusts and how they can be used to transfer assets and minimize taxes.
Beneficiary Designations
Ensure that beneficiary designations on your insurance policies, retirement accounts, and other assets are current and reflect your wishes.
Power of Attorney
Understand the difference between wills and trusts and how they can be used to transfer assets and minimize taxes.
Estate Planning
Ensure that beneficiary designations on your insurance policies, retirement accounts, and other assets are current and reflect your wishes.
Answers to Common Insurance Questions
Q: What's the difference between an independent agent and a captive agent?
An independent agent represents multiple insurance companies and can shop the market to find the best coverage for your needs. A captive agent represents only one insurance company and can only offer products from that company.
Q: How often should I review my insurance coverage?
A: You should review your insurance coverage annually or whenever you experience a major life change, such as marriage, divorce, the birth of a child, buying a home, or retirement.
Q: What factors affect my insurance premiums?
A: Insurance premiums are based on various factors including your age, health, driving record, credit score, location, coverage amounts, and deductibles. The specific factors vary by type of insurance.
Q: When should I sign up for Medicare?
A: You should sign up for Medicare during your Initial Enrollment Period, which begins three months before the month you turn 65. Delaying enrollment may result in late enrollment penalties.
Q: Can I keep my employer health insurance instead of enrolling in Medicare?
A: If you're still working and have employer health insurance, you may be able to delay Medicare enrollment without penalty. However, the rules vary depending on the size of your employer, so it's important to understand your specific situation.
Q: What's the difference between Medicare Advantage and Medicare Supplement?
A: Medicare Advantage is an alternative way to receive Medicare benefits through private insurance companies, while Medicare Supplement (Medigap) works alongside Original Medicare to help pay for costs that Medicare doesn't cover.
Q: How much life insurance do I need?
A: The amount of life insurance you need depends on your income, debts, final expenses, and your family's future financial needs. A common rule of thumb is 10-12 times your annual income, but your specific needs may be different.
Q: Can I get life insurance if I have health problems?
A: Yes, there are life insurance options available for people with health problems, including simplified issue and guaranteed issue policies. However, these policies may have higher premiums or lower benefit amounts.
Q: What happens if I stop paying premiums on my life insurance policy?
A: The consequences of stopping premium payments depend on the type of policy you have. Term life insurance will simply end, while permanent life insurance may have options such as using cash value to pay premiums or converting to a reduced paid-up policy.
Ready to Explore Your Options?
The first step toward better insurance coverage and financial security is a simple phone call. Contact us today to schedule your free consultation. We'll review your current situation, discuss your needs and concerns, and provide personalized recommendations
that fit your goals and budget.
