Insight on business, finance, insurance and retirement.
Monday January 11, 2010
“Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt,” observed William Cobbett on 1804.
Sadly, history repeats itself today. Our national debt is too high and will have to be repaid by either raising taxes, cutting benefits, or printing money. Current retirement plans are failing and not suitable for most individuals, and while market returns have proven themselves worthy in some past...
Posted in Equity Indexed UL , Estate Planning , Financial Strategies , Retirement , Taxes | Make a Comment
Saturday January 9, 2010
To fully understand the need to potentially modify your current retirement plan, you must understand how national debt, failing retirement plans, and poor ROIs (return on investments) play a predominate role in your financial security.
With the debt at $12.3 trillion and climbing, it is no secret that we are in the middle of an economic catastrophe. As taxpayers, the government has requisitioned us to support the baby boomers' social security, Medicare, and...
Posted in Financial Strategies , Retirement , Taxes | Make a Comment