Frequently Asked Questions
1. Why Should I Have A Financial Plan?
Planning gives you a way to measure your situation and make changes in a calm, business-like manner... instead of making decisions from fear!
Planning gives you a path to follow based on realistic assumptions. And, as you monitor your plan every year (or more often, if need be), you can adjust and fine tune your moves to keep the plan, and your money, on track!
For more information refer to Pg.71 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
2. When Should I Start Planning For My Retirement?
If you're not yet retired, do some detailed planning right NOW! Don't wait until you are retired. The sooner you get started, the better.
Planning is the single, most effective technique to have a safe and secure retirement! It worked during Teddy Roosevelt's days, it worked during Vietnam, and it works now!
For more information refer to Pg.93 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
Click Here To Request A Free Retirement Review.
3. I Am Over 55, Is It Too Late To Start Planning For My Retirement?
No it’s not too late, but you do need to get started NOW! Click Here To Request A Free Retirement Review.
4. Should I have a plan to pay for a nursing home?
First of all, according to The New England Journal of Medicine… Of people who recently turned 65 years of age, 43% will enter a nursing home before they die.. More than half of those people will spend at least a year there, and almost a quarter will spend at least five years of their lives there."
Now, do you think it's valid for us to worry about nursing homes since nearly half of us will end up in one? We think so! And, do you think since the cost of nursing homes is rising at 9.8% every year, that we should be concerned? You bet!
For more information refer to Pg.101 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
5. What are your planning options pertaining to nursing homes?
Well, under the new laws, you really only have very limited options to pay for nursing home expenses:
-
Use your own assets. You can use your cash, stocks, IRA's, home, etc., to pay for a nursing home stay.
-
Transfer assets out of your estate more than 3 to 5 years before anyone applies for Medicaid, and then let Medicaid pay.
WARNING!
RECENT CHANGES IN THE LAWS
MAY CAUSE SOME TRANSFERS
TO HAVE ADDITIONAL LEGAL CONSEQUENCES
BEYOND ESTATE OR MEDICAID PLANNING.
For more information refer to Pg.106 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
6. What exactly is Medicaid?
If you look up the word "Medicaid" in the dictionary, Webster defines it as "a federal and state program of medical insurance for persons with very low incomes."
And the definition of "Medicare", according to Webster is "a government program of medical insurance for aged or disabled persons."
And if you asked us, we'd define it as, "a delusion that has the American people under a hypnotic, misperceived spell of medical financial assistance.., that shatters when reality hits!"
For more information refer to Pg.104 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
7. What Should I Do To Protect My Assets And My Family When I Pass Away?
It depends on how you own your assets, and in whose name your assets are held! The most popular route is for husbands and wives to hold assets jointly, but this may not necessarily be in your best interest.
There's a lot of ways to own your assets and many alternatives to help you avoid losing anything you own and wish to pass on to your loved ones.
For more information refer to Pg.110 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
8. What type of estate planning should I use?
Since a lot of people perceive estate planning differently, we're going to take you through three critical elements of estate planning, so you can determine what's best for you!
Like all planning, you have to start somewhere.
- We recommend that you first start by sitting down with your local Financial Professional for a Free consultation to review all of your current assets, your goals, your financial needs and wants, and the hopes and concerns you may have for the future.
For more information refer to Pg.116 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
Or Click Here To Request A Free Retirement Review.
9. How Do I You Protect My Assets From Being Taken Away If I Get Sued?
Most people think it will never happen to them. The thought of being sued and having everything taken away just doesn't seem like it could happen...it only happens to others!
Well, this is a new era, and we are living in one of the biggest lawsuit-happy times ever. People are getting sued left and right, and many times we find that hard to believe!
Lawsuits are a fact of life that everyone needs to be aware of and prepare for. See, if you don't prepare and safeguard your assets from being confiscated from a lawsuit...
For more information refer to Pg.127 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
10. Will my retirement money last and provide me the life-style I want?
The only way to be sure is to avoid making any of the ten biggest mistakes people make when they retire!
It's frightening when you think about it, but your retirement doesn't leave too much room for mistakes of any kind.
Right?
It's kind of like building a house. The contractor doesn't have more than an inch or two of room for error. If they're off by more than that, the house may not stand up. As big as a house is, there exists only the tiniest margin to be off from the plans.
For more information refer to Pg.64 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
11. How Do I Protect My Assets From Being Taken Away If My Loved One Or Myself Needs Long-Term Medical Care?
As sad as it may be, here's a dose of reality for you: If you or a loved one find yourselves in need of long term medical care, the government will do all that it can to first have YOU pay every single dime that you can, out of YOUR pocket, before they step in to "help."
For more information refer to Pg.96 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
12. What Will Happen If I Don't Do Proper Estate Planning?
Actually, we have two answers to this question. (We hope you realize what a mistake it is not to do proper estate planning!)
- TAXES: Estate taxes are costly.
- FEES: Look out...if you do not implement proper estate planning, you'll be shocked at all the fees you and/or your heirs will certainly encounter!
For more information refer to Pg.123 of the FREE “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
13. Where Can I Find More Detailed Information About Retirement Planning?
For more information about retirement issues, click the link below to get your FREE copy of “Secrets Of A Stress Free Retirement” book. Click Here To Get Your Free E-book INSTANTLY.
14. How Can I Get Regular Updates Related To Retirement?