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Nov 01 2016

Is Sugar the New Smoking?

Is Sugar the New Smoking?

You’ve worked hard to prepare for retirement and have done everything right! You have enough savings and pensions for a comfortable retirement and ready to go onto to the next phase of your life.

But how is your health? I find more and more clients are mentioning their ailments and how it impacts what they plan to do now and in retirement?

What good is money, if you don’t feel good enough to enjoy it?

Admittedly, I have put on more than a few pounds over the years and it seems harder and harder to take it off. Eating less and exercising more just doesn’t do it. In my 40s, I tried the “Zone Diet” with good results but it just wasn’t sustainable. Recently, I was researching some nutrition websites and stumbled onto the “low carb – moderate protein – high fat diet”, commonly referred to as LCHF.  I was totally unaware of how well put together the research had become in the last several years.  I hesitate to call it a diet because transitioning to “low carb” is really a lifestyle change”

While obviously I am not a doctor, I am a skeptic by nature and decided to dig deeper into the science behind it.  I was quite awestruck, learning about the linkage between the traditional Standard American Diet (SAD) or “high carb” diet and the major diseases of the past century that have developed namely metabolic syndrome, diabetes, cardiovascular disease, cancer and many autoimmune diseases such as Alzheimer’s.

To learn more, dietdoctor.com, is one of the best consumer websites with a lot of free information to help you get started on LCHF (plus an inexpensive paid subscription, if you want to really go deep into the subject).

Today, I received an email that the documentary called “ Carb Loaded: A Culture Dying to Eat, is now free to watch on youtube.  It’s about 75 minutes long and I really believe it will make you stop and think about what you are putting in your mouth and what you might want to do about it. I also won’t be surprised if you get quite angry that this information has been hidden from consumers by the sugar industry and our western governments. 

So, just over six weeks ago (September 14, 2016), I decided to conduct an experiment (N=2, meaning my girlfriend and I) and implement the “LCHF” diet and am amazed at the results.  My weight loss has been effortless (without any additional exercise) and I have a lot more energy than before…and no more feeling sleepy after lunch (due to NO insulin spike compared to the SAD diet). Something that I was totally skeptical about was the fact that you will lose “cravings” but I have found exactly that. There is a wide variety of foods that you can eat but at this point, I am limiting my carb intake to 20 grams of net carbs per day. I use the MyFitnessPal app on my smartphone to track my progress.

I could go on and on about the research, so just consider watching the video and be a skeptic. I was! Let me know what you think. 

ps..I have put together a list of other articles, experts in the field and general information that goes far deeper into the subject. If you are interested in the list, drop me a line.

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Oct 05 2016

How Much Life Insurance Should You Buy

How Much Life Insurance Should You Buy

If you are looking to purchase life insurance, how do you determine how much to buy? The first step is to determine what your needs are.

Here is a very simple case study to demonstrate the process.
In this case study, the client assets are $50,000 of group life insurance and a home valued at $300,000. The clients debts are a $200,000 mortgage, $25,000 car loan. He wants 10 times his after tax income ($45,000) to support his wife, should he die prematurely. He estimates a funeral would cost $10,000. He wants his daughter’s education to fully funded at $100,000.
 
After subtracting the clients liabilities from their assets ($785,000 – $350,000), we determine $435,000 of additional life insurance is needed. Using Life Design Analysis software, we can see the results in the chart below.Life Insurance Needs Analysis

Once the true needs are determine, then various life insurance solutions can be evaluated to determine what product is best and fits within the clients budget.

Click here to download the PDF report for this analysis.

 
If you are uncomfortable doing this analysis yourself, please contact me, to have your situation reviewed.

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Oct 03 2016

Understand Your Life Insurance Options

Understand Your Life Insurance Options

If you own life insurance and have held policy(ies) for several years, I wanted to demonstrate a few simple ways to reduce your life insurance premiums substantially compared to what you pay now. Below I explain how and include a simple case study.
 
The Process
I have recently implemented Life Design Analysis insurance software into my business. Whether you are presently looking to purchase or already own life insurance, this software shows whether you are getting the best value for your money! 
  
Case Study
A 40 year old, non-smoker, male wants to ensure that should he pass away prematurely in the next 20 years, that his $300,000 mortgage will be fully paid off. He gets a quote for two types of policies from the same insurance company, a 10 year term and a 20 year term policy.  The 10 year policy is $248 a year and the 20 year is almost double at $428 annually. What is the best value for money?
 
Using Life Design Analysis software, it was shown that the Term 20 policy saves $11,280, over 50%, over the 20 year time-frame. See snapshot below. 
Displaying
Why is that? Simply put, after 10 years, the term 10 policy has a renewal and the premium rises (see red arrow below).
At the 11th year, the total cost for the 10 year term becomes more expensive over the time the client wanted coverage (see red circle below).
Conclusion
While this is a very simple case study, Life Design Analysis software can analyze very complex life insurance policies making it very clear whether you are getting the best value for your money!
 
Recommendation 
Please contact me, if you would like further information.

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