How disruptive would it be to your family if you weren’t able to work? Accidents and unexpected illnesses happen. And sometimes these things can derail you from doing all that you do, including earning a living. >>>Yeah, but I have disability insurance at work. Well, that’s helpful but it typically only covers about 60% of your income, often for only a short period of time. And if you leave your employer, your coverage will most likely end. When you obtain private disability income insurance, it’s yours to keep as long as you pay the premiums. Owning your own DI policy can supplement your group policy and put you in the best position to maintain your standard of living. And when your income is protected, you’re free to focus on healing and regaining your strength. Coverage usually costs between 1-3% of your salary, and benefits are paid out monthly typically after a waiting period. Your income is important. Protect it like you protect your home, autos, health, and life. To start the conversation and get a quote, schedule an intro call with me. _____ Adding clarity to your life with money. Retirement • Cash Flow • Net Worth • Estate • Education • Asset management • Risk management • Multigenerational • Morganization • Collaboration • What's next? Be ready!
Beth Morgan, CPWA®’s Post
More Relevant Posts
-
𝐅𝐫𝐨𝐦 𝐎𝐟𝐟𝐢𝐜𝐞 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐬 𝐭𝐨 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐅𝐫𝐞𝐞𝐝𝐨𝐦: 𝐌𝐢𝐜𝐡𝐞𝐥𝐥𝐞’𝐬 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 𝐭𝐨 𝐄𝐚𝐫𝐥𝐲 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭💰 When I first met Michelle, she was struggling with a toxic work environment that drained her well-being. Despite earning a good income, she had no savings, insurance, or financial plan. Early retirement felt like an impossible dream. We started by building a strong foundation. First, health insurance gave her peace of mind for unexpected emergencies. Next, we set up a lifetime income dividend plan with small, consistent contributions to create a steady passive income. Michelle committed to the plan, adapting as her income grew, and stayed focused on her goals. Today, Michelle is on the verge of leaving her stressful job, financially secure and ready to live life on her own terms. She now has: 🌈 A steady passive income stream 🌈 Comprehensive health insurance coverage 🌈 Confidence to pursue her dreams without financial worry Her story proves it’s never too late to start building the life you want. Ready to take control of your future? Let’s talk. #retirementplanning #financialfreedom #askmehow #letchat
To view or add a comment, sign in
-
🎙️ Ready to transform your family's future? 🚀 In this eye-opening episode of the Merging Life and Money Show, I'm diving deep into how #LifeInsurance can be your secret weapon for building a lasting legacy! 💪 Ever wondered how a simple policy could break the cycle of poverty, empower women, and create fairness in blended families? 🤔 Well, buckle up, because we're about to explore all that and more! I'll share real-life stories that'll make you rethink everything you thought you knew about life insurance. From Maria, who used her policy to fund her college dreams, to the Patel-Smiths, who found unity in their blended family through smart insurance planning. But wait, there's more! 🎉 We're not just talking about financial security – we're talking about creating social change, one policy at a time. Discover how life insurance can be a powerful tool for #GenerationalWealth and #CommunityEmpowerment. Whether you're a young professional, a stay-at-home parent, or planning your retirement, this episode has something for you. We'll bust myths, share insider tips, and show you how to use life insurance as a stepping stone to #FinancialResilience. Don't miss out on this game-changing conversation! Tune in now and learn how to secure your family's future while leaving a lasting impact on your community. Remember, it's not just about protection – it's about creating possibilities! 🌟 #FinancialPlanning #WealthBuilding #FamilySecurity #EstatePlanning #FinancialEducation
THE LIVING LEGACY - Secure Your Family’s Future with Life Insurance
www.linkedin.com
To view or add a comment, sign in
-
**The Importance of Financial Diversification: Life Insurance & Annuities vs. 401Ks** In today’s rapidly changing financial landscape, it’s essential to think beyond the traditional 401K. While 401Ks are a valuable retirement tool, they are not the *only* tool. Life insurance and annuities offer unique benefits that often go overlooked, including: - **Guaranteed Income**: Annuities can provide steady, reliable income streams for life—something 401Ks cannot guarantee. - **Wealth Protection**: Life insurance policies can protect your family and ensure financial stability in the face of unexpected events. - **Tax Advantages**: Life insurance offers tax-free benefits to beneficiaries and can even provide living benefits depending on your policy. Diversifying your financial portfolio with these tools not only protects your legacy but also empowers you to leave a positive impact on your community. I’m looking to connect with driven, self-motivated individuals of integrity—those passionate about creating real change for themselves, their families, and their communities. Whether you're exploring financial strategies or already making waves in the industry, let's share ideas, build relationships, and inspire growth together. 📩 If you're ready to have meaningful conversations about building wealth and making a difference, reach out or send a connection request. Together, we can elevate our communities one family at a time!
To view or add a comment, sign in
-
🚨 Calling all brave First Responders! 🚒🚑 You rush into emergencies without a second thought, but have you ever considered the 'emergency' of not planning for your financial future? 😱 Let's have some fun – imagine if your retirement plan was like a 911 call: Speed Dial for Success: Just like you, we respond fast – but instead of sirens, we come with solid financial advice. 🏎💨 Rescue from Risky Business: Diving into burning buildings? Routine. Diving into risky investments? Not on our watch! 🚫🔥 Life-Saving Life Insurance: You save lives for a living; we make sure your life's work keeps providing for your loved ones. ❤️ Annuity Ambulance: When the market gets 'injured', our annuity plans are the ambulance that keeps your retirement healthy. 🚑💼 Comment below with your most 'dramatic' day at work, and let's see how we can make your financial plan just as action-packed (but way less stressful)! 😂📈 #FirstResponders #FinancialRescue #LifeInsuranceHeroes #AnnuityAmbulance
To view or add a comment, sign in
-
Meet Ethan: a newborn with a future already brightened by his parents' proactive financial planning. In this latest entry of our series, Jamie and Alex leverage their financial wisdom to start Ethan on a path of financial security from day one. They opt for a whole life insurance policy with a savings component that not only protects Ethan but also grows with him. From covering college expenses to enhancing his early career stages and ensuring a comfortable retirement, discover how this strategy harnesses the power of compound interest to turn regular savings into substantial life milestones. Dive into the full story to see the transformative impact of early financial planning and how it prepares Ethan for a promising future. https://lnkd.in/g-5ayans #FinancialPlanning #EarlyStart #LifelongSecurity #FamilyFinance
To view or add a comment, sign in
-
🟢 Figuring out where to start can be confusing. There isn't a one size fits all but here's a place to start. Whether you are a 20-something and just beginning to build your financial future, or you are getting a late start, these are some of the first building blocks you want to get into place. 🔨 Life Insurance: Lock in the best available rate of protection when you are the most insurable. 🔨 Disability Insurance: is basically "paycheck protection." You are more likely to have an injury or illness event than a life insurance event during your working years. Check your work disability policy (they usually only cover a percentage.) 🔨 Money Market Account: Consider growing your emergency funds in a money market account where the rate of return is generally higher than a bank savings account and accessible if you need it. 🔨 Roth IRA: You can create a habit of saving in a long-term investment account where retirement income is potentially tax-free; a Roth IRA (provided your adjusted gross income meets current income thresholds). 🏆 If you're ready to get these 4 building blocks in place, I'm here to help. Have questions? I can answer those for you too. Disclosures: Thrivent .com/social #wheretostart #financialbuildingblocks #lifeinsurance #disabilityinsurance #moneymarketaccount #rothira #thrivent #startingout #latestart
To view or add a comment, sign in
-
Six years ago, our new client's life changed forever. Her husband was tragically killed in a car accident caused by a driver under the influence of drugs and alcohol. The driver was uninsured and eventually found guilty of first-degree manslaughter. Our client not only lost her loving husband and income support but also continues to suffer emotional pain. This devastating event left her facing numerous financial challenges: 🔹 She received only $25,000 under her uninsured motorist coverage - the minimum allowable in Oklahoma. 🔹 She couldn't claim widow's benefits for three years, as she was under 60. 🔹 Her husband's group term life insurance provided just $50,000. 🔹 The reduced pension she began receiving was far less than her husband's salary. 🔹 Living on a small Social Security disability income, she now had to make ends meet with a small pension, a rollover IRA, and her husband's 401(k), which together only replaced 50% of his pre-death earnings. If we had the opportunity to advise our client before this tragedy, we would have recommended: •Increasing her husband's life insurance, as the higher-income earner. •Raising uninsured motorist coverage to at least $500,000 - matching their net worth. •Boosting liability coverage on their home and auto insurance to $500,000 to protect their assets from litigation and preserve wealth. •Increase his investment into his 401k and so much more based upon goals and values. Financial planning is so much more than just saving for retirement. It's about protecting your family's future against unforeseen circumstances and being prepared before these events because life happens. We would have invited both our client and her husband to come in together to discuss their options and create a comprehensive plan that ensured they were well-protected and prepared for the worst-case scenario. Our goal for every client is to Plan,Accumulate, Grow, Preserve and Manage your Wealth. Please learn from our client's heartbreaking story and make sure you're prepared. A proactive approach to financial planning can make all the difference in the face of life's unexpected challenges. #FinancialPlanning #LifeInsurance #UninsuredMotoristCoverage #AssetProtection #TogetherWePlan
To view or add a comment, sign in
-
Financial planners are not just about managing investments. We are here to guide you through all aspects of your financial life. Insurance planning (risk management) is a big one.
Registered Financial Professional | Wealth Manager | Financial Life Coach, helping Individuals, families & businesses to Plan, Accumulate, Grow, Preserve & Manage wealth to align their values and purpose with goals.
Six years ago, our new client's life changed forever. Her husband was tragically killed in a car accident caused by a driver under the influence of drugs and alcohol. The driver was uninsured and eventually found guilty of first-degree manslaughter. Our client not only lost her loving husband and income support but also continues to suffer emotional pain. This devastating event left her facing numerous financial challenges: 🔹 She received only $25,000 under her uninsured motorist coverage - the minimum allowable in Oklahoma. 🔹 She couldn't claim widow's benefits for three years, as she was under 60. 🔹 Her husband's group term life insurance provided just $50,000. 🔹 The reduced pension she began receiving was far less than her husband's salary. 🔹 Living on a small Social Security disability income, she now had to make ends meet with a small pension, a rollover IRA, and her husband's 401(k), which together only replaced 50% of his pre-death earnings. If we had the opportunity to advise our client before this tragedy, we would have recommended: •Increasing her husband's life insurance, as the higher-income earner. •Raising uninsured motorist coverage to at least $500,000 - matching their net worth. •Boosting liability coverage on their home and auto insurance to $500,000 to protect their assets from litigation and preserve wealth. •Increase his investment into his 401k and so much more based upon goals and values. Financial planning is so much more than just saving for retirement. It's about protecting your family's future against unforeseen circumstances and being prepared before these events because life happens. We would have invited both our client and her husband to come in together to discuss their options and create a comprehensive plan that ensured they were well-protected and prepared for the worst-case scenario. Our goal for every client is to Plan,Accumulate, Grow, Preserve and Manage your Wealth. Please learn from our client's heartbreaking story and make sure you're prepared. A proactive approach to financial planning can make all the difference in the face of life's unexpected challenges. #FinancialPlanning #LifeInsurance #UninsuredMotoristCoverage #AssetProtection #TogetherWePlan
To view or add a comment, sign in
-
With its guaranteed death benefit that won’t expire and tax-advantaged cash value that you can access at any time (after a period of accumulation) for any reason, permanent life insurance can help you with a number of major financial goals in retirement.
How Permanent Life Insurance Works When You Retire
northwesternmutual.com
To view or add a comment, sign in
-
🏡💼 Just the two of us we can make it if we try🫶 just the two of us👫 YOU AND I 💝 Of course! Imagine this: You're a couple, just the two of you, building your life together. You may think, "Why do we need insurance? We don't have kids yet." Here's why it matters even before kids come into the picture. 🟢Firstly, insurance isn't just about protecting children. It's about protecting each other. If one of you were to pass away, life insurance can provide financial support to the surviving partner. It can help cover bills, mortgage payments, and other expenses, easing the financial burden during a difficult time. 🟢Secondly, think about your future goals. Maybe you dream of buying a house or starting a business together. Insurance can be part of your financial plan to protect those dreams. For example, disability insurance can provide income if one of you is unable to work due to an illness or injury, helping you stay on track with your plans. 🟢Lastly, insurance can also play a role in your retirement planning. Certain types of life insurance policies , for example an Endowment Insurnace, which provides a guaranteed tax free lump at a certain age, which can use in the future to supplement your retirement income, actually be your retirement income, or cover unexpected expenses. So, even without kids, insurance can be a valuable tool in protecting your present and future together. It's about safeguarding each other and your dreams, no matter what life may bring. 🔆Follow and like for more insurance content #InsuranceForTwo #DreamBig #FinancialSecurity #future
To view or add a comment, sign in