Make a million for your baby by investing now

Make a million for your baby by investing now

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...
Which type of life insurance should I choose?

Which type of life insurance should I choose?

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,...
How much life insurance do I need?

How much life insurance do I need?

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...
Why you need long-term care insurance

Why you need long-term care insurance

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...
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