The Case Against Permanent Life Insurance

Nearly everyone needs life insurance, but it’s easy to end up with a bad policy.

I’m specifically talking about permanent life insurance which provides protection for your entire life as long as you continue paying the premium and the insurer remains solvent. Permanent life insurance comes in three broad flavors: whole life, universal life and variable life.

Most people who end up with a permanent life-insurance policy probably are spending more money than they should for more insurance than they need.
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The Best Three Designations for Financial Advisors

Choosing a financial advisor can be a confusing process, particularly given the different standards of care that financial professionals provide. Making matters worse is the wide range of job titles and designations people use to convey their expertise.

While a job title might have some relevance to a firm’s internal hierarchy, you can start with the assumption that all job titles are a form of marketing. Titles are unregulated and cannot be treated as verifiable proof of someone’s credibility or authority to serve your financial needs.

Professional designations provide a more standardized way for people to convey their expertise, but not all letter combinations require the same degree of knowledge and training.

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Podcast: Democratizing Financial Advice

A big thanks to George Grombacher for having me as a guest on his podcast Money Savage.

I’ve only done a handful of podcasts, so it was exciting for me to share some of my personal story as well as the many ways BrightPlan is seeking to democratize financial planning and investment advice.

You can listen to the podcast below or by downloading on iTunesGoogle Play or Stitcher.

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