There’s a good chance you’ll need long-term care as you age. But if you’re like many Americans, you likely don’t have a plan to pay for this sort of care.Although about half of adults turning 65 today will develop a disability that is serious enough to req...
It is Estimated that there will be wealth transfer of $53 Trillion taking place in the next 50 years.70% of all married baby boomer wives will experience widowhood9 in 10 Women will be solely responsible for the family finances at some point in their lives...
There’s no doubt that COVID-19 has brought a lot of added stressors to your family and effected your family and your kids most of all. With schools getting closed here in San Diego, a lot of parents were forced to finish out the school year with homeschool...
Are you trusting your retirement savings to your former employer?
July 5, 2020at7:00 AM
Searching for an independent retirement savings plan? Are you looking to roll over your plan, what are your options? Why an annuity may meet your rollover needs. Fixed index annuities are not a direct investment in the stock market. They are long term insu...
Individual retirement accounts (more formally known as "Individual Retirement Arrangements"), or IRAs, are a method for saving money for retirement that is either tax-free or tax-sheltered (or arranged to minimize tax liability). There are severa...
How Can the Covid-19 Pandemic Financially Affect Retirees?
June 26, 2020at7:00 AM
The novel coronavirus pandemic has impacted all of us in some way. Almost overnight, the U.S. was hit hard with record unemployment. Many household incomes have been abruptly shut off. Several industries have slowed down to a crawl or else been shut off.
1. Check up on your portfolio and if appropriate, consider your allocation.Many advisors have espoused a 60/40 mix of stocks and bonds in your retirement portfolio. But this ratio of stocks to bonds may not be the best thing for you in this market environm...
Bull markets are a great opportunity, but they are usually short lived. The stock market itself has a natural life cycle that is destined to encounter peaks and valleys. One of the keys to investing is to not making any rash decisions based on those peaks and valleys.
Annuities are the only financial instrument capable of paying a guaranteed lifetime income. They are the only one on the planet. No individual investor can duplicate what insurance companies can offer you with paying you a guaranteed income stream.
As one of our core carriers, John Hancock offers a unique twist on traditional life insurance coverage. By adding the Vitality rider they will reward you for health living habits, which reduces policy premium costs.
Find Your Purpose. According to a British study involving 9,000 65-year-olds led by Andrew Steptoe, director of the Institute of Epidemiology and Health Care at University College London, one way to extend your life is by having a purpose. The research study found that “people with the highest levels of ‘purpose in life’ were 30 [...]
If you are like many successful individuals, you already work with a financial advisor. You may even have relationships with several. If you feel completely confident that your financial plan will meet your short term and long term goals, congratulations! Sometimes, however, you may feel unsure about your plan. This can happen when market conditions […]
Coronavirus has completely disrupted our lives and the industry in ways that the market has never seen before. The pandemic may be far from over, but there are some ways that you can find some certainty in uncertain times. Wealth Preservation, LLC will do all that we can in order to help our clients remotely
As the leaves turn brilliant colors and the weather cools, harvests are underway across the farmlands of America. The bounty that will be headed toward our tables is the result of seeds sown months before. This is an excellent reminder that, in order to reap the rewards of a bountiful retirement, you need to plant [...]
SCHEDULE A RISK EXPOSURE REVIEW: Do you know how much of your income can be affected by a market downturn? Many people think that they have a good handle on their income, but you may not know all of the factors. A Risk Exposure Review will give you clarity on whether now might be a
Five Tips to Staying Healthy During Quarantine: 5 Tips on Staying Healthy During Quarantine from Nick Bernatowicz Wealth Preservation’s friend and trust advisor partner from Producers Choice Network! Keep a Regular Routine It’s easy to sleep in and binge watch your favorite Netflix show, but maintaining a normal routine will allow you to control the
4 Things You Can Do to Protect Your Financial Future
April 27, 2020at4:00 AM
From REAL SIMPLE Look at your investments If you do have investments, they’ve likely lost a lot of value in the recent weeks. It’s natural to want to panic and make adjustments, but the best thing you can do right now for your investments is to not panic. Fight your urge to take your money […]
How Concerned Are Americans About Retirement Income?
April 28, 2020at4:00 AM
Retirees are happier than most workers in the U.S., but seven in 10 say they would have ‘no idea what they would do’ without Social Security There are a few different aspects about retiring that need to be addressed when you’re thinking about your retirement plan: -Longevity, people are living longer than ever before -Raising