Martin Financial Group

This is a great article and one that really points out how life insurance can benefit the insured during their own life. This guy has $1 million in life insurance which seems like a lot. But, one can figure this capital will provide an inflation adjusted income of about $40k-$50k per year. This is less than half of his after-tax disability income which is probably less than his pre-disability earnings. No wonder his wife is feeling financially (and emotionally) stressed. I hate to rip on this poor guy, but if he had carried more life insurance, he could have his kitchen without leaving his wife in financial stress. https://www.marketwatch.com//im-34-and-have-a-5-10-years-t

Many middle income retirees are needlessly paying high taxes on their retirement income. Even people with retirement income under $100,000 may pay effective tax rates of over 50% on some of their income. Most planners do not understand the nuances of taxes on Social Security income. I do. Reach out for a free evaluation. This article (which may be a bit heavy for most) explains how effective tax rates can reach these high levels. https://www.fa-mag.com//tax-reform-creates-retirement-inco

Don't settle for low rates on CDs. Market Linked CDs can give upside participation in the markets with FDIC insured principal protection. Contact me for more information. https://www.incapital.com/MLCDvideo-Overview

Catch me tonight on KTRS the Big 550 AM. I will be a guest on the Jay Kanzler "All Access" show. The topic will be changes and opportunities under the new tax laws. If you own a business you should tune in.

If you have been following my posts, you may know that I talk a lot about ghost taxes. These are income taxes people pay without knowing it. Go about twenty minutes into this interview to hear Joe Elasser talk about a significant ghost tax that affects Social Security. I subscribe to Joe's software and can help you avoid these taxes. http://www.covisum.com//the-impact-of-tax-reform-on-consid

I have not been a fan of long term care insurance for the past ten years because of this. The financial problems LTC insurers are facing clearly indicates the size of the potential liabilities retirees face. But, I think there are much better ways to mitigate this risk other than buying LTC insurance. https://www.wsj.com//millions-bought-insurance-to-cover-r/