How We Work
Discover Our Proven Approach to Success
A Clear Path to Building Wealth with Insurance Based Products
Our Simple, Proven Process
We make in easy by guiding you through every step with expert consultation and personalized strategies.
Discovery & Consultation
Strategy Development
Whether one Custom Policy or a full Retirement Income Plan, we walk you through maximizing your savings and building tax advantaged wealth.
Implementation & Ongoing Support
Frequently Asked Questions
Everything You Need to Know About Working With Us
How much money should I add to this policy to maximize cash value?
Every policy construction is different just like every client is different. Age, health rating, income and goals all affect how we design the policy to maximize cash value. We have clients in different stages of life: Some are investors and entrepreneurs building their business and need max cash value and flexibility, some are more established and are seeking to best position themselves for retirement, and some are just starting out their careers and want that protection first with tax deferred cash value second. Our commitment to our clients is that we design policies with your financial circumstances in mind. Insurance based products are for the long haul so we design our policies to grow with you and be an life long asset rather than a liability.
Do I pay you for these services?
The short answer is no, the insurance company pays us, not you. Unlike traditional financial advising, insurance based products do not require ongoing annual fees to us to maintain their policies or contracts. We operate strictly on the insurance side and do not charge AUM or fees to consult with us. Our philosophy is to give our clients the most benefit product we can find and be a ongoing resource. We do not charge for annual reviews or policy maintenance items like assistance like modifying index fund allocations or securing a new policy loan.
How long does this process take until I set my policy and when can I access my cash value
This depends on the carrier and policy that we are placing our client in, but generally speaking, the process from application to receiving your policy in the mail is about 1-2 months. Annuities generally take less time as there is no or little medical underwriting. Some policies can take a bit longer and some can be express underwritten in a few days. Once the policy is delivered the Cash Value is available within a few days up to the end of the first month, depending on the carrier.
Can you help with retirement planning?
Yes, we routinely help clients with various aspects of Retirement Income Planning with insurance based products. Our specialization allows us to give safeguards and guarantees where the typical financial advisor portfolio and recommendations can not. Concepts like:
-Guaranteed Income through Income based annuities via Single Premium Immediate Annuities (SPIA) and Deferred Income Annuities (DIA)
-Safe Accumulation with Multi Year Guaranteed Annuities (MYGA) and Fixed Indexed Annuities (FIA)
-Medicare and Long Term Care Planning via stand alone policies or Asset backed LTC policies (WL/UL/FIA)
-Provide direction and collaborate with your tax advisor in maximizing Roth Conversions and Tax Free retirement and Income strategies
-Estate Planning products like Whole Life (WL) and Universal Life (UL) Insurance, collaborating with your attorney on trust integrations ex: Irrevocable Life Insurance Trust (ILIT), ect.
Some clients prefer a whole retirement income plan while others prefer just one aspect at a time. Either way we follow our fiduciary philosophy of putting our client’s needs first and pairing them with the best solution. We are licensed in life and health based insurance products. Our solutions do not involve direct investment in securities.
Can you help with Medicare and Long Term Care?
Yes we are licensed in Medicare and Long Term Care (LTC). We have access to broad spectrum of insurance carriers out there to place our clients in the best coverage situation for the best price. We do the heavy leg work of scoping out the entire market to find the right fit. This includes Long Term Care insurance where we routinely use asset based policies that attach LTC. Ex: Whole Life/Annuity with LTC rider to give maximum coverage, many times with a one-time contribution without ongoing contributions. This set up allows for max protection if Long Term care is needed and sizable cash value/death benefit if it isn’t needed. Long term care is often overlooked but statistically 70% of retirees will need it. We specialize in cost effective ways to give our clients that peace of mind.
How can I use those products to not run out of money in retirement?
Many of our clients have saved significant amounts of money, but to put it bluntly, they are petrified of running out. So much so, they tend to worry themselves sick and disburse the least amount possible. This is a legitimate concern when your saving are exposed to market risk. That market risk can potentially drain your account value dry before you can fully use it. Most incoming or current retirees remember 2008 its 40-50% market decline and they also remember how long it took to get back to even. In retirement, another downturn like that would be catastrophic. Conversely, with insurance based products, specifically the Income based annuities we have an option for guaranteed income for life. No matter what happens in the market or in life around you, the insurance company will send a check for as long as you (and if joint payout) your spouse are alive. This highlights the principal protection, tax deferred growth and guaranteed income aspects that many of our clients look for.
Plan and Execute with Confidence
Let us help you build a secure, tax-efficient future with strategies tailored to your needs.