Category: Finance

Steven Lippman discusses avoiding paying out of pocket for long-term care expenses.  Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-steven-a-lippman-lutcf-mba-founder-of-lippman-insurance-group-discussing-long-term-care/ Steven explained: “One of the most important steps in avoiding out-of-pocket long-term care expenses is to purchase long-term care insurance. It’s a good idea to shop around for different policies and compare coverage, benefits, and costs so people can find one that fits their needs. Long-term care insurance is usually purchased through an employer or private insurer. It can help cover the cost of skilled nursing services,…

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Jeffrey Stevens announces a new publication his firm has come out with to educate pre-retirees lower taxes and prepare for retirement. Taxes are a significant factor to consider when creating a retirement plan. Paying taxes on income can significantly reduce the amount of money available for retirement savings. It is essential to understand how taxes can impact people’s plans and make adjustments accordingly.  Stevens said: “By being aware of the tax implications, people can make more informed financial decisions that will help them reach their retirement goals more quickly. Knowing…

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Dominique Dieujuste discusses the benefits of working with an independent insurance agent vs. a captive agent. Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-dominique-dieujuste-financial-professional-ceo-of-dieujuste-financial/ Dominique explained: “An independent insurance agent offers many advantages that a captive agent cannot match. For example, an independent agent is not bound to any single company and can offer policies from multiple providers. This gives customers more options when choosing coverage and allows them to compare rates, features, and benefits of different policies side-by-side to find the best fit for their needs.…

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Patrick Anderson discusses how tax planning impacts retirement income planning. Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-patrick-anderson-president-of-unifirst-financial-tax-consultants/ Patrick explained: “When it comes to tax planning for retirement income, one of the most important factors to consider is how taxes will impact the overall retirement plan. Taxes can significantly affect the amount of money someone has available for retirement and how long those funds will last. Depending on the type of investments a person makes, and when they start withdrawing from them, taxes could significantly reduce the…

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Jeffrey Stevens announces a new publication his firm has come out with to educate pre-retirees on Social Security claiming options. Stevens says, “At Preferred Retirement Strategies, we help our valued clients develop a clear understanding of their Social Security benefits and educate them on the right time to start accepting their benefits. Delaying your benefit may potentially increase your benefit amount by as much as eight percent per year. There is a lot to know about Social Security, and you need to be educated so that you head into retirement…

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Elizabeth Kinsey discusses the differences between mortgage Buydown vs. ARM Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-elizabeth-kinsey-loan-originator-with-prime-lending/  An Adjustable-Rate Mortgage (ARM) is a home loan with an interest rate that can change over time. The changes in the interest rate are tied to an index, such as the Secured Overnight Financing Rate (SOFR) which is used as a benchmark for setting interest rates. ARMs usually start with lower interest rates than fixed-rate mortgages, but the rate adjusts periodically, usually annually or semi-annually, based on movements in…

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Don Plotsky discusses how a portfolio allocation to Specialty Finance can enhance portfolio performance, reduce risk, and create Predictable Income. Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-don-plotsky-co-founder-of-alternative-income-solutions-discussing-predictable-income-with-specialty-finance/# Specialty Finance involves using various strategies to create a steady stream of income that can be counted on every month, with low volatility and little or no correlation to broad market indices. With a combination of risk management, asset diversification, and tactical structuring it is possible to develop a compelling portfolio within the portfolio that can generate reliable monthly…

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Tom Rutkowski discusses the innovative concept of Private Banking. Questions covered in this interview include: What exactly is private banking? So which is better, whole life or IUL? I heard IUL is riskier. Is that true? Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-tom-rutkowski-president-of-innovative-retirement-strategies-discussing-private-banking/ Tom explained: “A maximum overfunded life insurance policy is a type that allows an individual to build up far more cash value than a typical life insurance policy. This extra cash value can be leveraged using policy loans. The loans can be used…

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Listen to the interview on the Business Innovators Radio Network:  https://businessinnovatorsradio.com/interview-with-eunicia-peret-ceo-and-founder-of-the-empowered-financial-planner/ Many business owners don’t think about exit planning until it’s too late. They may not have a succession plan in place or have thought about how they will sell or exit their business. This can be a big mistake, as it can leave them with less money than they could have made if they had planned ahead. Exit planning is vital for all businesses, but it’s especially critical for small businesses and the business owners individually. That’s because small…

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