Dan

What is Your Long-term Care Plan?

November 15th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

According to the U.S. department of Health and Human Services individuals aged 65 and older have a 70% chance of needing care at some point in their lives.1 Also, it currently costs $102,930 annually for a private room in a nursing home in the United States […]

Scary Financial Mistakes: Becoming Disabled without Insurance

October 17th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Disability is frightening, so much so that you might not want to think about it at all. However, becoming disabled without proper planning could make the burden of a disability even worse by resulting in a significant economic hardship for you and your family. The chances […]

Protecting Your Most Valuable Asset…Your Income

September 20th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Is your family dependent on your ability to make an income now and in the future?  If the income you earn would suddenly stop, due to death or disability, could your family continue to meet their financial obligations such as paying the rent or mortgage, paying […]

Using Life Insurance to Fund a Cross-Purchase Buy-Sell Agreement

September 12th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Often, small businesses struggle, and in some cases, go out of business when an owner dies. In addition, many businesses experience a decline in employment and sales for many years after that key owner passes away.  For these businesses, funding a buy/sell agreement with life insurance […]

Contractual Guarantees: Transfer of Risk and Peace of Mind

August 29th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

There is little argument that equities have produced impressive returns over a long period of time, but retirees and pre-retirees often begin to ask themselves questions such as, “How much risk am I still willing to take?” and/or “How afraid am I that I may run […]

Paying for Health Care in Retirement

August 23rd, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

People today are living longer, healthier lives than previous generations. And while longevity is
something to celebrate, it does mean more years of paying for health care. That said, planning for
the unexpected with insurance, and the premiums associated with that insurance, has become more
important than ever.

The federal […]

Recruit, Retain, and Reward Key Employees with Nonqualified Deferred Compensation Plans

June 20th, 2018|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans and Dan Schulte, Vice President and Manager, Annuities and Insurance

In order for a company to thrive, it is vitally important that employers are able to recruit, retain, and reward key executives through a comprehensive retirement benefits package.  The limitations placed on qualified retirement plans […]

Fixed Indexed Annuities Growth and Safety in Retirement

June 18th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

For many retirees, the difference between a more secure future and a more uncertain one is the success of their retirement income strategies.  Fixed indexed annuities (FIAs) can offer individuals principal protection, a death benefit for beneficiaries, and in some cases a guaranteed lifetime income stream.  […]

Indexed Variable Annuities May Provide a Buffer from Loss

June 14th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

There are times when stock market volatility leaves some investors worried about meeting their retirement goals. This has left many of these individuals seeking products that can provide downside protection with upside potential.  A product that can help give investors some degree of piece-of-mind in turbulent […]

Have Peace of Mind (and Reduce RMDs) with Qualified Longevity Annuity Contracts

June 11th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

Wouldn’t retirement planning be easier if we all knew how long we were going to live? Individuals often underestimate how long they are going to live in retirement. As a result, many retirees face the risk of exhausting their savings and burdening their families in retirement.

Longevity […]