Shreveport Financial News

Life Insurance Policy Review

shreveport life insurance

Are you up to date with your Life Insurance? There are three major factors that affect the performance of a life insurance policy; interest rate returns, high expenses and older life insurance policy platforms. The first factor to consider is the interest rate return of the investment which provides the cash value growth in the policy. Most whole life polices rely on a board of directors at an insurance company to determine the amount of interest that your policy is … [Read More]

Savings Plan Challenges

shreveport financial services

If it’s for retirement, a new car, vacation or Christmas, there are a number of planning tools to help you learn to save money. Starting off with a simple solution is the “365 Day Penny Savings Plan” or the “52 Week Dollar Savings Plan”. You have probably seen them on the internet and they usually show up about this time of year. This is also a great project to involve your children or grandchildren to learn the value of saving … [Read More]

Repeal of Obamacare? Now What?

Shreveport Health Insurance

With the new White House administration, a top priority is the repeal of “Obamacare”.  When Obamacare was implemented a few years ago, parts of it were good and parts not as well thought out as they should have been. Regardless of political party opinion, Obamacare was a step in the right direction in helping Americans who couldn’t afford healthcare to be able to receive assistance in paying for health insurance. The group that benefited were those not receiving medical assistance already through another federal program. In … [Read More]

Planning for College Education

Education expense planning

Have you started saving for your children’s or grandchildren’s college education? If not, now is the time to start. According to the College Board, earning a college degree can now cost from $52,000 to more than $130,000 — and the cost is rising faster than the rate of inflation. Despite the spiraling price of attaining a diploma, society continues to promote the rewards of the pursuit of higher education. Did you know that you can use an indexed universal life … [Read More]

AEP Deadlines and Signup

Shreveport health insurance

Like Thanksgiving Day, Medicare Annual Election period (AEP) comes once a year between October 15 and December 7. I love Thanksgiving Day. I get to eat all those wonder foods that only come around once a year. We have this sweet potato casserole that I make myself sick on. I will again this year. The 45 or so days that consist of AEP is another story. I’m not saying I dislike AEP, but it’s always a challenge for me. I … [Read More]

All That Glitters Isn’t Gold

Shreveport Investments

Hi, my name is Leonard and I’m a Collector! If you have ever been to my office you have seen some of my collectibles. I collect a lot of things, and I’m proud of my collections. My wife will tell you I go a little overboard, but I don’t listen. In all seriousness, collecting can be both a hobby and an investment. Today’s topic has to do with collectibles. To be specific, precious metals and coins. I have stayed away … [Read More]

Are You Prepared to Live to 100?

Shreveport Retirement Planning

Maybe you’ve seen the ads. I started noticing them during the Olympics. Ameriprise Financial ran the commercials with Tommy Lee Jones. One of them posed this question, “Will I outlive my money in retirement?” The number one answer to surveys about retirement present the same concern, “Will I have enough to retire on?” or similarly, “I don’t want to be a burden to my children.” And are you prepared to live to your centennial year?Your ResourcesTo answer that question, a … [Read More]