1. CD Buyer’s Guide to Safe or Safer Alternatives

    Do you have money in CDs?  Have you used CDs over the years to protect your money?  If you answered 'YES', then you will want to keep reading.  As you already know, CD rates over the years have gone into the gutter.  It has been almost ten years since CDs were a viable option for your money.  I know that many of you have held on in hopes that rates will come back.  Unfortunately, if you have…Read More

  2. Plan For A Long Life With Proper Retirement Income Planning

    In 1935, when the Social Security Act was passed, 65-year old beneficiaries received payouts for an average of 12 to 15 years.  Now, however, a couple aged 65 has an 85% chance that at least one of them will live past age 85 - which means providing for 20 years or more of income once you qualify for Social Security Benefits.  The Social Security system wasn't built to sustain that long of a reti…Read More

  3. The Fast Food Mentality of Retirement Income Planning

    It has been said on many occasions that some financial advisory firms across this nation are using what we like to call the 'fast food' mentality when it comes to retirement income planning in Los Angeles. Here is what I mean: Let's say you walk into a local financial advisory firm and you are considering them to help you with your retirement assets.  You sit down with the adviser and he/she hand…Read More

  4. The 401(k) Rollover – A Common Sense Question

    At Income For Life, we often meet with near-retirees or retirees that have a 401(k) - or other forms of Defined Contribution plan - that they are considering rolling into their own personal IRA. What some do not realize, though, is that the decision of WHEN to move this asset is not nearly as important as the decision of WHERE to move this asset. Here is what I mean: Let's say are are at retiremen…Read More

  5. The Chiropractor Stigma — The Fear Of The Unknown

    Today my wife had to go to a chiropractor, so I decided to tag along because of how many times my wife had told me how this 'back guy', as I called him, was helping her so much. I reluctantly went with her to meet with this person to see what all the talk was about and to determine for myself if this guy was indeed worth my time. My wife kept telling me, "You have to go because he will change your…Read More

  6. Retirement Income Planning in Chicago — The Lost Casino

    At Income For Life, we help folks with their retirement income planning. We like to compare retirement to the following story below: Picture this: You are in Las Vegas. It is middle of the afternoon and you are off the Vegas strip and are wandering through the 'old' casinos. You know, the ones that no one goes to anymore because they are boring, they are 'old', they are not flashy at all. They ar…Read More