by Michael Blumenfeld | Apr 10, 2024 | blog
What should you do with a life insurance plan that you don’t want anymore? Most people make the mistake of letting the insurance plan die out when they no longer need the policy or cannot afford to pay the premiums. However, your insurance policy is a financial...
by Michael Blumenfeld | Mar 13, 2024 | blog
Life insurance decreases the financial risk of your death for your loved ones, providing the funds they need to keep living when you die. But not everyone knows that some policies can actually provide you or your loved ones money while you are still alive. I highly...
by Michael Blumenfeld | Feb 14, 2024 | blog
When my niece was 13, I bought her 8 shares of McDonald’s stock for around $300 for her bat mitzvah. Thirty-four years later, that $300 is worth just under $30,000, and my 47-year-old niece is planning on doing the same thing for her own 13-year-old daughter. This is...
by Michael Blumenfeld | Jan 24, 2024 | blog
It’s an outright crime that they don’t teach concepts like life insurance in school. Life insurance goes by lots of intentionally intimidating names — whole life, variable term life, and universal. It’s enough to make your head spin. No matter what they call it,...
by Michael Blumenfeld | Jan 11, 2024 | blog
One of the first questions I help my clients answer is how much life insurance they actually need. So many pop culture financial “experts” will give you the same, generic answer to this critical question. But I don’t believe this answer is as black-and-white as they...