Spence Cassidy Reveals Insured Wealth Provider Retirement Strategy for 2012
Spence, Cassidy & Associates reveals an Insured Wealth Provider Retirement Strategy for 2012 that can help overcome stock market losses and increase post-retirement income. People can even leverage the death benefit while still alive.
The 2005 Census Bureau report, commissioned by the National Institute on Aging reported that the wealthiest fifth of U.S. seniors had a net worth of only $328,432, excluding home equity. This means an annual income of little more than $16,000 for those who preserve their principal and earn a net gain of at least five percent annually.
This net worth number could be greatly reduced due to market conditions and interest rates over the last few years.
"The common advice often heard and read about has been buy term life insurance and invest the difference". One problem with this is that the "difference" is not saved, but rather spent and the term policy often expires before retirement. Our strategy helps overcome this negative outcome," says Dwight Spence, Managing Partner, Spence, Cassidy and Associates.
"The Insured Wealth Provider Retirement Strategy or wealth replacement strategy is a twist on the old conservative life insurance policy - guaranteed whole or permanent life insurance. When linked with three or more other retirement strategies, this tool can serve as an economical, wealth replacement strategy that will provide several benefits while the investor is alive; flexibility, financial freedom, and peace of mind over worry that their money will run out ," says Bill Cassidy, Managing Partner
Depending on the age of implementation, this conservative wealth building and replacement strategy covers several areas including: 1) protecting financially from premature death; 2) providing liquidity to pay for estate and inheritance taxes; 3) funds for children's education and buy/sell agreements; and 4) replaces the large, supplemental retirement benefits corporations and banks give senior level executives. It also includes a guaranteed wealth replacement asset and most importantly, it can help increase post-retirement income so retirees can maintain their accustomed lifestyle into their senior years.
Results may vary and there are many different circumstances surrounding each investor. For more information and a free briefing on this call strategy call 602-230-2995. Visit their website at www.scaaz.com.