by Michael Isom | Jun 10, 2021 | Thoughts on Financial Security
Investing vs. Saving You have heard me talk about it before, investing is not saving.These two have different purposes and demand different strategies. Savings requires a very low degree of risk, whereas investing allows for some, but not too much. For many, a...
by Michael Isom | Jun 10, 2021 | Thoughts on Financial Security
Permanent life insurance is a great way to fund a business succession plan, yet 40% of business owners don’t have life insurance. Permanent life insurance offers five advantages you won’t find in common funding options like loans and working capital: Guarantees a fund...
by Michael Isom | May 27, 2021 | Thoughts on Financial Security
It’s a little known fact. Your beneficiary designations take precedence over your will. Your life insurance, annuities and retirement plans are legally binding contracts. Please see my free guide: 5 Potential Beneficiary Designations Pitfalls, which explains it...
by Michael Isom | May 27, 2021 | Thoughts on Financial Security
NEARLY HALF OF PEOPLE OVER 55DON’T HAVE A WILL Estate planning is an important part of personal financial management and involves maximizing the benefits of wealth. Without a will, you risk leaving your loved ones unprotected…and at the mercy of laws in...
by Michael Isom | Mar 10, 2021 | Thoughts on Financial Security
Executing a Living Will or a Family Trust.WHY DO WE AVOID THIS? Because no one wants to talk about dying, so we avoid it or put it offI get it. I put it off for years also. Let’s first talk about living.The odds are way in our favor that if we are healthy today we...
