George Washington Carver put it best. How far you go in life depends on your being tender with the young, compassionate with the aged, sympathetic with the striving and tolerant of the weak and strong. Someday in your life if you live long enough you will experience all of these. Planning for the future is not a common road map; a good plan for some may be a bad plan for others. As we go further down the road unprepared events or sickness can wipe out all of our resources.
The freedom we enjoy the condition of being free; the power to act or speak or think without externally imposed restraints can change in a moment’s notice. Our values on personal freedom from servitude or confinement or oppression can change in a heartbeat. Freedom to do what you would like to do when you want to do it can become a major obstacle if your savings and ability to earn an income are erased. The right Insurance plan can maintain your lifestyle thru an illness or catastrophe. Why gamble on less?
What will give you future freedom? “The liberty of the individual must be thus far limited; he must not make himself a nuisance to other people” [John Stuart Mill on Liberty] is the power to plan for an event before it happens. Is your plan update and meets today challenges?
Does anyone plan on becoming a philosophical statistic; “Liberty is precious – so precious that it must be rationed” a famous quote of Vladimir Lenin not necessarily remembered as an advocate of human understanding.
How do you insure your daily needs? How to you find financial freedom?
RETIREMENT INCOME
- Social Security
- Tax Free Loans from a properly structured and written life insurance policy
- Employment Based Plans = 401K, profit-sharing, defined plans
- Personal Savings = IRAs, Annuities, Bank Deposits, Mutual Funds, Securities
- Converted Assets = Reverse Mortgage, Assets converted to cash
- Going Back to Work
LIFETIME CONCERNS
- INCOME: Salary, Royalties, Inheritance/Trust, Residual (Rental Income)
- TAXES
- INFLATION
- LIFESTYLE UNCERTAINITY
- WEALTH