Buying a Guaranteed Retirement; Is it Possible?

If you missed the Yahoo Article about "Buying a Guaranteed Retirement", CLICK HERE.

As a licensed insurance agent for MN/WI, I work with seniors every week. The bottom line (basically the last line in the article) is that seniors should consider buying annuities and doing it as soon as possible but you may "win" or "lose" depending on how long you live.

Insurance has always been about "protection" and having it in case one needs it. It's the same with annuities; you may end up paying a large sum and not living to use it, or you may not pay as much as the pay out if you live longer. For my money, I'd rather be paying in and have it in case I live longer than not have it. My attitude is that I would like to live a long time and statistics show that people are living longer; so the odds of living longer are there. Plan. Hmmmmmmm, that was probably the first "one word" sentence I've ever written. It is true: "Brevity is the soul of wit".

I have had many young people state that they don't want to get (or become) old. First, they don't give me a year, or definition of what "old" is. And when I ask, they are thinking of someone "old and in a rocking chair"; that kind of mentality. I explain that I plan to live to be 120 years old and be healthy and fit. (You, dear reader may not share my desire). But it is certainly attainable to be 100 years old and have great eye sight and still drive, travel, have great strength and vitality.

Well, I may have gotten a bit beyond the Yahoo article but the point is that people are living longer and buying an annuity to assist in having an income, is a real option. If you live in either MN or WI (and MI), email me at tlsinsuranceagentATyahoo.com (replace AT with @) with your questions. I travel the entire two  states but would be glad to communicate with you via email.

If you live in any other state,  I will still answer your questions (some things are different with each state) and I will refer you to a reputable agent upon your request.

I will  also remind you that with the Internet, there are real legitimate ways to make an income that require little time per week to manage and make a nice income while "retired". I've already presented a few in previous posts and I will continue to present others in upcoming posts.

Make it a great day!
Terry

Dollar Stores can be Great Source for Creative Gifts

The secret of using items from the dollar store is using your own creativity. Know the recipeint's hobbies, loves, and tastes and then add your own "something" that makes it exclusive to them and from you. Here's something that I did:

For my son’s birthday card, I found a “Superman Diary” at the dollar store with a colorful Superman figure on the cover. He’s a grown adult but loves Superman “anything”; I’m thinking because his last name starts with “S” and the Superman symbol looks really cool! Anyway, I thought this was a creative “birthday card” that has use for a longer time than just a year. 

Next, I wrote birthday greetings on the inside page with my quickly written poem: 

Here’s a book to write your goals,

Then choose to work on just 3 of those.

So next year, the “older” you

Will be wiser, wealthier and happier too! 

So dear reader, I am writing this because I thought you might enjoy the idea of using this idea for a birthday card for someone in your life (it’s actually “cheaper” than  most cards and will be “seen” more; but if mailed may cost a bit more). And secondly, my intent is to remind you (and myself) to write goals, choosing 3 to work on so we are constantly in control of how we want our future to become! 

This is how I "tweaked" something that I found at a Dollar Store that increased it's perceived value. Think of ways that you can do the same and please share your thoughts with other readers by leaving your comments below. 

My GOMO "Goal setting and goal getting course" will soon be available for purchase. If you'd like the free pdf version before it's published, just ask for it at: www.terscott.com/contact using "GOMO Manual Pre-published Version"  in the subject line (you must use these exact words to get you FREE copy).