When you’re trying to figure out how much life insurance coverage you should get, you might hear the term “Human Life Value.” But what does that mean?

If you’re not sure, then this is an episode for you. I’ll explain what it is and how it’s calculated. I’ll also explain different methods you can use to get an idea of how much life insurance coverage you actually need.

Listen now!

Show highlights include:

• How insurance companies calculate coverages for age groups. Examples from a real underwriting guide. (1:06)
• Why a homemaker should have life insurance, even if they don’t earn a nickel. (1:59)
• What “Human Life Value” actually means, and how it’s calculated. (3:57)
• The “10 Times” rule for estimating your life insurance need. It’s popular, but is it accurate? (4:29)
• How group life insurance could trick you into miscalculating your coverage needs. (5:36)
• Do you need life insurance if you’re wealthy and have lots of assets? Here’s why the answer is usually “Yes.” (10:09)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people protect their retirement savings from risk while they’re working, but don’t think about how to protect it after they retire.

But this is a mistake, because there are plenty of threats to your income during retirement. If you don’t think about them ahead of time, you could be vulnerable when you can least afford to be.

That’s why in today’s episode I’m sharing the most common threats to your future income. I’ll also help you see your options to protect yourself from these potential risks.

Listen now!

Show highlights include:

• Retirement “money myth” that tricks people into saving far less for retirement than they should. (1:22)
• Frustrating way tax brackets complicate retirement planning, especially if you plan well. (1:40)
• Biggest risks while saving for retirement, and after you’ve retired. (2:36)
• Why living longer complicates retirement, and how to keep the blessing of longevity from becoming a curse. (2:53)
• How to shield yourself from unexpected medical expenses that can bleed your savings dry. (4:48)
• Surprising “Triple Tax Advantages” of Health Savings Accounts. (8:27)
• How married couples can leverage Whole Life insurance to fight inflation in retirement. (10:15)
• Haven’t been saving for retirement? Here’s why to start today. (11:58)
• Why you should ignore the “Save 10%” rule, and what to do instead. (12:46)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

Planning for future income for that time when you are no longer working or are working less, is important, and with so many options it can be confusing to know what you should do.

And if it weren’t hard enough already, it gets even more complicated when you factor in taxes on that income.

I’m here to help!

Listen now!

Show highlights include:

• Have a pension? Three reasons to hang onto this increasingly rare retirement benefit. (1:52)
• Common Social Security miscalculation couples make that could leave you hurting while heartbroken. (3:16)
• Why life insurance is critical if you’re depending on Social Security. (4:15)
• Why your tax bracket matters. (5:56)
• Today’s market volatility is bad enough. Now learn about the hungry “money monster” waiting to eat a chunk of a certain savings account when you retire. (6:57)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)