Oct 11, 2019
If life insurance becomes part of your retirement plan, you need to make sure you’re able to cash in on a claim should the situation arise. Unfortunately, people make mistakes that end up preventing that from happening. We’ll tell you about those and what you can do to keep that from happening.
On today's show:
0:40– In the news: McDonalds is testing a plant-based burger. Are you ready to invest in shares of Beyond Meat.
2:05 – How we protect clients that want to invest in new stocks.
2:52– The strategy behind a conservative approach that limits losses. Don’t try to hit a homerun at the expense of your retirement.
4:47– Talking about mistakes people make with their life insurance.
5:34– You think you’re covered but in the end you aren’t.
8:40– Not naming a contingent beneficiary happens to people.
10:10– Two real life examples of how messy things can get without a beneficiary.
11:44– You need to be careful about your hobbies and extracurricular activities.
13:37 – Ultimately, it’s vital to pay attention to detail across your plan.
15:21– Getting to Know Joel: What’s the hardest job you’ve ever had? Joel worked at a warehouse overnight unloading trucks.
18:31– Mailbag question: My pension doesn’t provide an inflation rate. Should I even consider taking the spousal continuation option?
20:16– My husband is 11 years older than me so there’s a good chance I might end up being a widow for a significant amount of time in retirement. What type of planning challenges does this present for me?
21:52– What does the Money Map review process look like?
Get the full show notes and additional resources by clicking here: https://johnsonbrunetti.com/?p=4160