After talking to hundreds of people over the years, it has been my experience that most of them don?t understand how money works. It?s definitely not something they have been taught, and very few of them are going to learn it well on their own. I would like to share some simple [...]
When you're going to make a decision about purchasing from an insurance company, whether it's an annuity or a life insurance policy, it is important to make sure that the company is putting enough money in reserve, it is not taking too much risk on your money, and is a highly rated company with a [...]
?Life Insurance is the biggest benefit in the IRS tax code because the money comes out tax-free and there is no limit to this tax break. Life Insurance is the best way to leverage money and too, the single best way to leverage the tax code to build real wealth that is free and [...]
Hi there. My name is Mel Samick, thank you for reading ?Mel?s Retirement Blog?. Today?s discussion is called, "The Impact of Taxes in Retirement." I've been fortunate enough to ask these questions to thousands of different potential clients, and that is this, what do you think taxes are going to be like in the future? [...]
My name is Mel Samick and today we're going to talk about millennial?s guide to tax-free retirement. Today we're going to look at how a millennial is in a different set of circumstances than any other generation before them. ? They are entering the workforce with the most debt of any generation entering the [...]
The 401(k) has become the standard-bearer for retirement savings accounts. While many people enjoy the immediate tax deferral benefit, they often times do not think of the significant tax liability they could incur later on in their life. An indexed universal life (IUL) policy has been making waves in the financial industry due to its [...]
Business owners face a number of challenges when balancing sustainability, growth, and shielding their families and trusted employees from potential financial hardship. Mel goes over how to protect the longevity of your family and your business through the Emerging, Expansion, Flourishing, and Succession phases. Today, we're going to be talking about how to use life [...]
Could your spouse live on just one Social Security benefit? You risk losing their paycheck if they don't plan for the death of your spouse! Here, life insurance makes its grand entrance. Many couples forget to plan for the loss of a Social Security check when one of them dies. Let me show you how [...]