Frequently Asked Questions (FAQ)

It is never too late to start investing. As the Chinese proverb says, “The best time to plant a tree was 20 years ago. The second best time is now.”

For many this a very personal decision. Term life insurance is a great option when you have young kids and want a certain period of financial protection for them should you unexpectedly pass away. Whole life insurance is a great option if you want coverage that doesn’t have a time limit and offers a cash value.

Long-term care insurance provides coverage for nursing-home care, home-health care and adult daycare for people ages 65 and older. It can be a great product to help preserve your assets that you have worked so hard to build up. If you don’t have long-term care insurance it is very possible to lower your assets down to almost nothing. At this point Medicaid will kick in. This can be very difficult for the other spouse as they will have very little assets left to cover expenses and won’t be able to pass on much assets to their heirs.

There are many different kinds of annuities that exist today. Annuities have undergone significant changes in the last few decades. There are still some more well known options such as the variable annuity and fixed annuity, but even these have changed with the addition of new optional riders and benefits. Registered index linked annuities (RILAs) become more popular each year as they offer a market participation rate or cap while minimizing your downside risk.

Our practice offers several different options for investment management including fee-based and commission based models. Talk to us to figure out which model best suits your needs and goals.

Our practice is proud to be disclosure free. We take our role very seriously and abide by a strict ethical approach to managing money.

LPL does not offer proprietary products which eliminates a significant conflict of interest.