An effective savings strategy for the future is crucial, and planning for long term care is a good place to start. Statistics show that 70% of people will face the need for long term care services at some time in their lives, especially with life expectancy on the rise. Inflation, however, is rising too.

Today, you could pay over $150,000 for one year in a semi-private nursing home, and these costs have risen by almost 20% in the last 5 years!

Long Term…

High-net-worth Individuals work hard to build their wealth, and even though they can afford to vacation around the world and buy anything their hearts desire, they (more often than not) believe in being down to earth and looking for the best deal, just like anyone else. Take the example of Walmart founder, Sam Walton. What most people don’t know is that he drove a pickup truck till the very end of his days!

Surprisingly, a lot of wealthy people are humble in their ways, and this…

Purchasing insurance with the intent to look out for your future self is without a doubt one of the most important investments you can make. The best way to go about it is to find a trustworthy financial advisor, one who can help you narrow down various insurance companies and policy types, based on which policy will work out best in the long run.

The same consideration applies to federal employees too, since making the right choice is essential. Federal Long Term Care Insurance is…

Charities epitomize what is good in society, through selfless acts that aid in making the world a better place to live in. A charity may have benefited you or simply have a mission that you identify with, and it is therefore natural to want to lend your support to the cause.

Donating your life insurance benefits to a charity can ensure you are able to pass on a helping hand that will also cement your legacy after death. Permanent insurance for life is better suited…

If you are an affluent investor, then life insurance is definitely an investment worth considering, whether you want to make investments to secure your future or simply have an added reserve for your existing estate, as well as a solid retirement plan.

Books like “LEAP” by Robert Castiglione, “Be your Own Banker” by R. Nelson Nash or the more recent “Bank on Yourself” by Pamela Yellen go to great lengths to explain the concept of investing in life insurance as a source of liquidity, and death…