A serious disability is more than twice as likely as death, and the average duration is from four to six years. This hazard requires careful insurance planning to avert the possible consequences of an unprotected disability:
– Erosion of all savings and investments
– Forced sale of residence and personal property
– Loss of position and esteem in the community
– Dependence on public or family charity

The likelihood of at least one long term disability occurring within a group of business owners.

* Includes only disabilitie… Read more “The hazard of disability"

The task of providing retir… Read more “Inflation and retirement"

A great percentage of the population has prejudices or “hang-ups" about money. Some have been inherited from childhood, and others acquired from peers. A better understanding of these “hang-ups" can help us all manage our financial resources more effectively.

By properly and carefully selecting a number of different mutual funds to form a portfolio of funds, the portfolio may provide multiple levels of diversification (thus reducing risk) that cannot be achieved by investing into one or two mutual funds or individual stocks and bonds.