As promised, I come with post-Christmas-pre-new-years good tidings of the few decent use cases for permanent life insurance. Let me just get the facts out of the way: These conditions are rare and are unlikely to apply to you. If they do happen to apply to you, terrific, you should approach the purchase of life insurance with great skepticism and …
I have a permanent variable universal life insurance policy. I had it written and issued on my life in December of 2018 for two specific purposes: To protect my partner against the financial loss of my death. To fund my potential need for assisted living in my later years. Respectively, the life insurance policy provides a significant death benefit that …
Not a week has gone by in my professional career as a financial planner that someone hasn’t asked me about bitcoin or another cryptocurrency. “Dan, what do you think about doesn’t-actually-exist-coin*? I hear people are making millions.” And it’s true. Some big names have come out to celebrate their investment in cryptocurrencies, some well known, some far off the radar. …
This week I’m taking a step back from the usual general education content to write specifically on the topic of careers in financial planning. This piece is specifically for financial planners (either aspiring or firm owning), so if you are part of the general public and have no interest in financial planning careers and business models, this is a good …
At the heart of the financial planning process is a philosophy and belief that, with enough time and the application of the right tools, financial independence and the accomplishment of life goals are accomplishable by anyone. However, financial planning is often a service engaged in by people who’ve already demonstrated significant financial capability: adults with careers, decent savings, and accumulated …