The Smart Money Show Blog

If you are like the many, you benefitted from the gains in the market from 2003 to 2007!  Or did you?  The only people who benefitted are those who didn’t let GREED take over.  They pulled out sometime while they were ahead.  Those of you who were trying to pull every last dime out of the BULL market may have experienced something different! 

NOW, are you waiting for the market to come back?  According to Harry S. Dent, the spending habits of the baby boomers will begin to diminish in the next few years…if it hasn’t started now.  This drop in spending looks to last for the next 12-15 years before it increases again.  With the economy the way it is, combined with the projected drop in spending, I don’t feel we’ll see a 14,000 market for a while.  That is almost a 65% gain from where we are today, 8719. 

If spending will be decreasing, what does that do to the economy? 

I believe that there are some GREAT opportunities available today!  If you are retired or near retirement, you better think twice about the amount of risk you can afford to take.  Consider using safe options that offer upside potential IF or WHEN the markets start to go back up, but has no downside risk.

Our clients participated in the upward movement of the market from this same period, 2003-2007, but locked in their sweet gains each year.  When the market started tanking after October 2007 to the present, our clients sat out this time and protected their principle AND past locked in gains!!!

 Want some of this for yourself and your peace of mind? Call us at Integrity Estate Advisors: 1-877-419-1040 for more information! 

For almost 2 decades, we’ve been reviewing beneficiary documents on a regular basis for our new clients (and current clients).  We’ve found that the new AND old advisors who fill out beneficiary forms don’t know what they are doing 90%+ of the time!  What does that mean for you? 

There is a 90% or better chance that what you have on your beneficiary designations ISN’T really what you want.  It takes us only 2-3 minutes to explain your options….so that you understand your choices.  BUT, I guess that’s too much time for the “Order Takers” that most people have as advisors.  Their name is correct on your application, their agent/rep ID is correct on your application…but approximately 90% of the time, your beneficiary designations aren’t what you want…..if they took the time to explain it to you…..IF THEY KNEW!!!

Why do you suppose their name and agent/rep ID is correct?  Why is that important to them?   m-m-m-m-m-m-m?

There are beneficiaries listed on your Life Insurance Policies, Annuities, Retirement Plans, IRA’s, 401(k)’s, 403(b)’s, Wills, etc.  If you have bank or brokerage accounts, you may have ITF’s, POD’s, TOD’s which all have beneficiary designations.  How important is it for you to have your wishes come true?  Is it important enough to have someone who understands that you are worth the 2-3 minutes to explain something so important as your beneficiary options to you? 

Do you have a minor child listed as a beneficiary?  Do you NOT have a contingent beneficiary listed?  Do you want to unintentionally disinherit your grand kids……do you want your parents or grandparents to unintentionally disinherit you or your children?  If approximately 90% of the beneficiary designations are not correct, WHAT SHOULD YOUR NEXT STEP BE?  Call Kevin Bock at Integrity Estate Advisors: 1-877-419-1040  I look forward to serving you.