Kaizen Wealth Management Group
Insurance & Tax Solutions.
None of us know what the future holds, but we can take steps to mitigate the potential fallout from the everyday risks that we face.
We would love to meet with you to understand your unique retirement goals.
A Strategy for Tragedy
Consider for a moment the income that you earn.
This salary provides basic necessities, as well as the lifestyle that you and your family have become accustomed to.
Now imagine the detrimental impact if your earning power was suddenly taken away by an accident or untimely passing. In addition to dealing with the pain of this loss, crucial financial commitments such as your family’s mortgage and healthcare costs would be nearly impossible to manage.
With this in mind, we at Kaizen Wealth Management Group are experienced at creating well-designed protection strategies which, the event of an unforeseen tragedy, are structured to shield your family and preserve what you’ve worked so hard to build.
Maintain your principle assets while generating income
Tax-Free Income.
As we grow professionally and move towards retirement age, we naturally seek to maximize the value of our assets.
In keeping with these efforts, tax strategies are required to minimize their impact on the size of our next egg. With that said, one of the lesser-known benefits of life insurance is that certain types of policies allow for tax-free income distributions.
This is just one of the many ways our experienced team at Kaizen Wealth Management Group will utilize their vast expertise to help you make the most of your earning potential.
Choosing the best solution based on your situation
A Multitude of Options.
Not all insurance policies are created equal. While each has their benefits, there are several important features to consider.
Kaizen Wealth Management Group will take the time to ensure you have a thorough understanding of the various policies so you can make well-informed and confident decisions.
Whole Life Insurance
Unlike other conventional retirement vehicles such as IRAs or 401(k), a whole life insurance policy provides the option to utilize the invested cash value of the policy regardless of your age.
You don’t need to provide any special justification, and you can withdraw the money without suffering any penalties or taxes.
Term Life Insurance
Offering higher coverage at a lower premium cost, term life insurance is commonly offered as part of the overall benefits package by most employers.
While these policies are flexible in that they can be renewed without a health exam, it is important to remember that the policy will end when you retire. Furthermore, policy qualification becomes more difficult, and premiums are higher once you reach retirement age.
Long Term Disability
This policy is designed to replace a portion of your income in the event of a serious injury or illness that keeps you from working for three months or longer.
In this way, it allows your family to continue to meet your financial commitments while you are out of work, and it can even be used as financial protection in the event of a permanent disability that prevents you from returning to work entirely.
Long Term Care
In the event that you were stricken with a disability or chronic medical condition, such as Alzheimer’s, your family would likely need assistance caring for your daily needs. Long term care insurance covers these services, which aren’t typically covered by traditional health insurance.
Whether offered in your home or an assisted living facility, assistance with routine activities, such as bathing and other caretaking tasks, is provided.
Annuities
An unfortunate fact that most retirees will require more than just their Social Security payments and savings distribution for a living wage.
An annuity is an excellent way to supplement your retirement income, and this insurance product is specifically designed to provide the policyholder with an income that they cannot outlive. What’s more, it can sometimes be passed to a beneficiary.
Preparing for the future today
Pick up Your Shield of Financial Protection.
None of us know what the future holds, but we can take steps to mitigate the potential fallout from the everyday risks that we face.
While an uncomfortable subject to consider, we owe it to ourselves and to our family to ensure that the pain of dealing with a tragic disability or an untimely passing isn’t exacerbated by agonizing financial difficulty.
Our competent and compassionate team at Kaizen Wealth Management Group will help create a specially tailored solution that will allow you to sleep easier at night, knowing that those you love the most are sufficiently protected.
Don’t wait any longer, pick up your shield and protect your family by contacting us today.
Connect with us today to schedule a review of your current financial plan.
Explore Our Additional Financial Planning Services
Affordable, experienced, and friendly, you can count on us for all of your financial planning needs. View our additional services below or contact us to find out how we can help. You’ll be glad you did!