IMPORTANT QUESTIONS TO CONSIDER
Retirement
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Do you have a systematic way of accumulating funds for retirement?
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Are you counting on Social Security to be your main source of retirement income?
Family Protection
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How many years of income would your current life insurance cover? What happens after that?
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Would the person handling your estate say you had enough life insurance to self-complete your financial goals for your family?
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Is making sure your family maintains its current standard of living important to you?
College
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Do you have a systematic way to accumulate funds for your children’s education?
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What is your philosophy for college planning? Plan to pay none of it, some of it, or all of it?
Young Person’s Financial Plan
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Has anyone shown you the long-term benefits of a parent-child life insurance partnership?
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If you could pay pennies for dollars for your child's financial future, would you be interested?
FOR BUSINESS OWNERS
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Other than yourself, who is the most important person employed by your business?
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If you lost that person, how much money would you have to have to replace them, and to replace the potential lost revenue?
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Do you have a written buy-sell agreement with your partner to buy out their spouse and/or heirs? If so, is it funded by debt, revenue, or insurance?
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Do you have a systematic way for your business to accumulate retirement funds for you?
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Do you have, or know anything about, self-completing retirement plans?
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What is your exit strategy for leaving your business?
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