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Who Needs Insurance Planning?
Do you need additional capital for your existing business?
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This is like asking: What can saving properly do for me? Continue below.
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One need not be a millionaire or a top business executive to benefit from financial planning. Planning your financial future could:
Increase your retirement income
Simplify the paper work burden for your heirs
Provide for the immediate cash needs of your loved ones
Save many thousands in estate taxes
CAN YOU LIVE ON SOCIAL SECURITY INCOME OR PENSION?
I’m sure the question above must have caught your interest.
If you want to be able to travel, on vacation, entertain friends and make the most of your retirement years, you’d better save something going for you besides social security pension.
There are insurance products for living with flexible annual growth at a rate you won’t match today at your bank.
When it’s time to retire, you can convert your bonuses to a choice of regular payments that will supplement your retirement income. As an added benefit, you continue to be insured even as you receive your bonuses.
DO I NEED LIFE INSURANCE?
A lot of people ask themselves this question.
I know of professionals and executives who have retired without building up their assets, including life insurance, or achieving any of their life dreams, to their extreme regret.
As a wise man said, "it is not how much you earn, but how much you save."
Life insurance can help you save in a disciplined way and earn tax-free interests higher than the usual bank savings rates.
The next page will show how to compute your life insurance.
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