Category Archives: INSURANCE ADVICE

Too Old for Life Insurance? The Surprising Truth about Seniors and Life Insurance

 “Old age isn’t so bad when you consider the alternative.” – Maurice Chevalier Recently, a Partners4Prosperity reader asked, “How well do ‘income for life’ type programs work for people within 5 years of retirement? Are these programs more for younger … Continue reading

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Borrowing Against Life Insurance: The Pros and Cons

“A bank is a place that will lend you money if you can prove that you don’t need it.”  Bob Hope Two weeks ago we asked the question, “Should you borrow against your life insurance policy?” Today, we continue the … Continue reading

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Should You Borrow Against Your Life Insurance Policy?

“Most people do not become rich because they fear the power of leverage.” -Robert Kiyosaki One of the advantages of a Whole Life Insurance policy is the ability to borrow against your cash value, though the concept is widely misunderstood, … Continue reading

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Suitability vs. Fiduciary Standard: Who Should Give Financial Advice?

Real integrity is doing the right thing, knowing that nobody’s going to know whether you did it or not. -Oprah Winfrey Last week, our blog post was about common Money Mistakes that even smart people make. This week we would like … Continue reading

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Health Savings Accounts: Earn Healthy Financial Returns with an HSA

“Health Savings Accounts (HSAs) are IRAs on steroids.” – Paul Zane Pilzer, economist, author, entrepreneur, professor. This month, we continue to explore health and wealth. Last week, we examined FSAs (or Flexible Spending Accounts/Arrangements), a tax-slashing employee benefit that most … Continue reading

Posted in ALTERNATIVE INVESTMENTS, HEALTH and WEALTH, INSURANCE ADVICE, PERSONAL FINANCES, SAVING MONEY, TAX TIPS | Tagged | 4 Comments

Mutual Insurance Companies: The Tortoise vs. the Hare

“Slow and steady wins the race.” Aesop, The Hare and the Tortoise We suggested in our last post that investors might benefit from boycotting Wall Street, as there seems little to protect consumers from risky schemes when even the rating … Continue reading

Posted in ECONOMIC TRENDS, INSURANCE ADVICE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged | Leave a comment

Keeping Permanent Life Insurance PERMANENT

“Adopt the pace of nature: her secret is patience.” – Ralph Waldo Emerson Permanent life insurance is a descriptive term for policies designed to remain in force for the entire life of the insured. Most permanent life insurance policies (such … Continue reading

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