Having been an entrepreneur myself for over 40 years, I know how much work starting and operating a small business can be. As you make plans, here are some things I advise you to consider.
One of the few things people know about Social Security is that contribution is mandatory, and when they get old enough to retire, they will receive a certain amount of money per month as long as they live. An annuity has some similarities; when properly designed, it can provide guaranteed income in retirement and help reduce the risk of running out of money.
Financial Planning without life insurance is like rearranging the deck chairs on the Titanic.
You may not be able to change many of life’s problems, but you can change how you face them. Imagine with me what life could be if you broke the mold of financial crisis in your family and left a legacy of financial wisdom instead.
I’ve already explained the differences between wise and unwise debt. Now, I want to talk more about debt — specifically home mortgages. Let’s discuss two beliefs about a home mortgage that could be detrimental to your financial health.
It continues to amaze me how many people don’t like to discuss the end of their lives, believing somehow that discussing their death will hasten it. What about you? Is death a topic you prefer to avoid?
People have lots of ideas about debt; some believe there can be good debt and bad debt. Others believe we should avoid debt altogether.
I remember how purposeful my sisters and I were those first few years in honoring my mother at Christmas after she passed. She loved her grandchildren, and she loved to give them gifts.
Budget: a word that causes stress and anxiety for some while helping others bring order to their lives. Do you wish you had something to help you get your finances in order but believe creating a budget would be impossible?
Are you a small business owner? Do you have employees? Would you consider any of them a key person? A key employee also may be your secretary or right-hand person.
Kathy P. Rogers
“The process of planning for the unexpected begins with a conversation. I want to get to know you – your dreams, your goals, your passions. I want to know what makes you who you are. My goal is to listen, then help you design a plan that aligns with all these things as well as your budget.”
Marston Rogers Group
Kathy Rogers is owner and VP of Marston Rogers Group, a financial services and life insurance business. As a Life Planner, her passion is to help individuals and businesses review where they are, then help them design and implement life and retirement plans as well as business exit strategies. Through proper planning and execution, the financial anxiety surrounding life goals and retirement can be greatly reduced.