Who owns the 10% of your money,around $300,000 from the total cash of $3M? The IRS, heirs, or left at an institution. How can you reallocate the $300,000 to get better performance with no risk? Permanent whole life insurance is a place to move your $300,000 with no risk.
Your cash asset creates more tax as it grows. If you are not after the return but you want to lower your risk, you know where to put the rest of your money.
If you think you would need long term care, a permanent whole life insurance with supplemental long term care or accelerated death benefit riders (terminal and critical illness riders) is a better wealth creation account that is risk free.
Your goal is to transfer wealth that is tax advantaged.
If your goal is for higher returns with high risks, you know what investment account you want your money in.
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Contact Connie Dello Buono for permanent whole life insurance (7 year-pay) with supplemental long term care that is risk free and with guaranteed returns. 408-854-1883 motherhealth@gmail.com
CA Life Lic 0G60621
1708 Hallmark Lane San Jose CA
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Note: If you are 40-50 yrs old and has $300k in investments and savings, you can reallocate 10% of it to a tax free and risk free, guaranteed return of 6%, a permanent whole life insurance is the way to go (for protection and estate creation). You can use your money as a loan in year 2.
Tax Savings: 40-50% of your accumulated investments
Goals:
- Protect your today to plan for tomorrow (perm whole life insurance) getting more than 16 benefits for today than during death.
- Organize your finances. Asset reallocation is important for ages 45 and above since you have less time to grow your money and you have to consider spend down.
- Maintain 6 months to 1 year of your income as savings.
- Save 15-20% annually to protect you for the real costs of living (taxes, inflation,new gadgets, increasing price of gas, etc).
- Last, pay up short term debts.
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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