The Essential Role of Insurance in Your Financial Security
Michael Blumenfeld
0 Comments Feb 14, 2024 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...
Michael Blumenfeld
0 Comments Jan 24, 2024 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,...
Michael Blumenfeld
0 Comments Jan 11, 2024 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...
Michael Blumenfeld
0 Comments Dec 19, 2023 One of the most important ways to protect your finances is long-term care insurance. Most people are surprised when I suggest adding that coverage to their financial plan. However, if you plan on living past 65, you need a strategy to keep the cost of your future care...