How to use your money to gain more and a life time income

Most retirees and baby boomers are looking for contractual some type of guarantees and benefits,  using their money smartly . the New York post published alternative similar to  using your money doing double duty.

The vast majority of investors have some type of a CD-type guaranteed rate of return that  is a protects, of the bank and  their money, seems to get merger earning  less than 1% in some cases.

They want no move  because they do not see an alternative, and a simple to understand other structures  that can guarantee percentage return and a possible LIFE Time of income, with a beneficiary options, and nursing home previsions. The days of DC buyers with high interest rates are in the past.

Senior want security, and life incomes they feel this is there life  savings, and you can do more. What about Dorothy she is 58 years old she is a widower, she has done well for here self but her CD is only earning less than 1.5%.  The $75,000  in a CD, currently and is not needing this money anytime in the future she wants it to go to her children and grand children but wants to avoid taxes.  Dorothy’s house is paid for and she was 3 pension from husband and hers from the state, along with a small amount of social security . She lives very comfortable, has her long term care paid for and has relatively little expense. She wants to  have a life time income on the  $75,000 while she is alive and give something to the children, and grand children.  What works well is called double duty dollars, using one asset to pay for another asset.    This approach is revolutionary, making  dollars do 2 function simultaneously , reducing the tax liabilities ( consult your tax advisor)

By choosing to use a fixed-rate annuities contract to  provide immediate money being paid back and taking that money to pay for a protection asset that is currently tax free. This  provide the best of both worlds, she can have a life time income that pays for a  her  wishes and it is life time guaranteed. Upon her passing the  benefits are tax free passed to her grand children ( under current tax law), Thus removing this asset from her estate, if planed properly.

Certificates of deposit still have their place in a portfolio, and it’s important to know some other alternative that are not as highly published about. Insurance companies  provide guaranteed rates of return and is typically higher than what can be expected to be from Banking institution. Make sure you ask what the state guaranteed trust level is and if your agent doesn’t know the level for that state  they you should call our office to get specific information about the  state back program.

NEVADA POLICE WILL NOT COME TO TO YOUR AUTO ACCIDENT

Metro will not be coming soon to your auto accident  unless there is substantial injury or bodily harm.  So what is a driver to do we have put together an accident sheet that can  placed in your car to diagram the accident. Our web site will have a link to this form we have created to recreate an accident, and get proper information.

Most importantly understanding what you need to do at the accident and how to follow up with your insurance company.

Photos are always a nice addition, to make your case and point. Accident kits are great, but a one sheet  is easier, for you to obtain information and stay on track.

We invite  you to reach out to us for this free accident kit.

 

What on your mind ?

What type of insurance are you needing ?

Ever ask yourself  why you see so many commercial ?

Who is paying for them ?

Why not have an agent that can find you what you need when you need it?

Insurance purchased though a ware house make you responsible for coverage.  remember your buying coverage and yet paying a cost for that coverage. Often times we offer twice the coverage or half the deductible for  under $10.00 every six months, we offer because we see people at the worst time in there life and know we made a difference on how they will get their car fixed.

The insurance industry  handed out 78 BILLION in life  insurance benefits to widows/widowers and orphan children.