Bob and Michael Whitman discuss disability insurance.
A listener question asks: My employer pays for me to get 60% of my pay if I’m disabled. I figure that is OK as social security disability benefits should make up the difference. Is this logic sound? The answer is no. Hear why.
Michael Whitman, RKG Financial’s life, disability and long term care insurance specialist, shares his expertise on long term care insurance and how it benefits those who need it.
Michael Whitman shares his expertise life insurance and what you need to consider before you invest and some of the mistakes that have been made.
In addition, with people living longer, there are new scenarios that need to be considered.
Bob Gustafson and Michael Whitman, a certified life insurance professional who handles life, disability and long term care insurance for RKG Financial, discusses life settlement policies, what they are and are they something you should do with your life insurance policy. Life settlements provide an opportunity to sell your existing life insurance to a third party for more than the policy’s cash surrender value, but less than the net death benefit.
In the final post on Bob’s interview with Dave Perry, Sr. Vice President of Fidelity Bank and Larry LaChance, President of Banker’s Capital, Dave and Larry discuss how their companies make decisions when someone is looking to borrow.
Dave discusses the 3 C’s of credit – character, capacity and collateral. By looking at these three areas, financial institutions can make a decision on whether to loan to the prospective borrower.
From the unconventional leasing perspectives, character is critical because if they are looking here, there is a story that has put the business owner in the position to use unconventional means to acquire money.
Part four of the interview series with Dave Perry, Sr. Vice President of Fidelity Bank and Larry LaChance, President of Banker’s Capital, discusses what you need to know if you want to buy a foreclosed property. Do your due diligence. Know what you want to do with the property and know what you are getting into.
In part three of the interview with Dave Perry, Sr. Vice President of Fidelity Bank and Larry LaChance, President of Banker’s Capital, Larry discusses how you can secure financing for commercial equipment. Bankers Capital provides unconventional financing for those who need it and can’t get it through other means.
Listen to the discussion on commercial leasing for equipment
Bob continues his interviews with Dave Perry, Sr. Vice President of Fidelity Bank and Larry LaChance, President of Banker’s Capital, about various topics on residential and commercial lending.
Dave discusses the SBA 504 loan available to businesses trying to buy a commercial building. These new programs ensure the borrower has “skin in the game” so that the financial institutions and the borrowers will work together to ensure both benefit.
Continuing the discussion with Dave Perry, Sr. VP of Commercial Lending at Fidelity Bank, small business owners can use the Small Business Development Center through Clark University to put together a plan to go to the bank to secure a loan.
Bob interviews Dave Perry, Sr. Vice President of Fidelity Bank and Larry LaChance, President of Banker’s Capital, about various topics on residential and commercial lending.
The first interview is with Dave regarding the residential mortgage market. They discuss current market conditions. Did you know that as of January 2012, if your mortgage has been sold to Freddie Mac or Fannie Mae, you can qualify for refinancing.
Dave shares his thoughts on the residential values. Will the housing prices ever return to the inflated values that were prevalent a few years ago? The answer is no. However it is cheaper to stay in the home and refinance than to foreclose and rent.
What if you are reaching retirement and you don’t have the money you had planned for due to the market crash of 2009 and poor returns? Tips for what you can do to alleviate the situation.
Listen to Bob live on his weekly radio show every Wednesday at 11:00 a.m. on WCRN AM 830.
Or listen to excerpts from the show via the RKG Financial blog.