|
You may think the purpose
of insurance is to protect the things you already have,
but insurance really protects all the things you may
want for your future. If you don’t have insurance when
something terrible happens, you’ll have to dip into your
own pocket to cover the costs – and that could
significantly affect your savings, your retirement, and
your life. Effective insurance planning is essential.
So in this audio, you’ll hear how to make sure the
benefits of your insurance outweigh the costs of your
premiums so that, before you know it, you’ll have a
substantial savings built up for retirement.
Key Concepts You’ll Hear In The Audio
• The types of insurance you’ll want to make sure you
have
• The 5 rules you need to know when picking insurance
policies – and the questions you’ll want to ask an
insurance agent
• How large you’ll want your deductibles to be and why
• What is an umbrella policy and why you may want to get
one
• What you’ll want to ask your medical insurance
provider about your coverage before it’s too late
• What you need to know about life insurance – what kind
and how much
• How much long-term disability to get and how to make
sure you’re getting the long-term disability coverage
you’re paying for
• Why it might be cheaper in the long run if you take
out medical insurance for your kids and grandkids
You may think you won’t need as much income once you
retire, but you’re actually going to need more.
According to JD, your current salary has to double every
24 years in order to keep up with inflation. That means,
if you make $50,000 a year now and you’re around 40,
you’ll have to plan on making $100,000 a year when you
retire just to maintain the lifestyle you currently
enjoy. You must have a plan to double your income in
retirement every 24 years after you retire just to
protect your income from inflation, so you can continue
to enjoy doing all the things you want to do during your
retirement.
And JD is going to help you do more than that by showing
you how to estimate your retirement needs, set minimum
savings goals, and get the most for your money on
insurance. This audio is 45 minutes.
 |
