Zachary VanHorn - Insurance Advisor

07/15/2024

07/12/2024

Good article for people who want a non-biased overlook of what you should look out for when you decide to buy life insurance.

The only gripe I have is that they say it's not super important who you call when you're ready to make this decision.

I think it's important to call someone:

1.) Who has access to plenty of A-rated insurance companies
2.) Who can properly assess your needs
3.) Who you can trust to give you an unbiased opinion of what's best for you.

With that being said, generally, something is better than nothing!

If you've been putting this off because it's morbid and boring but you're ready to start the conversation, shoot me a DM.

If you already have a policy but you're not sure if it's the right fit for you, I'll be happy to give you a complimentary review.

The first rule of life insurance: Stop pretending the problem will go away if you ignore it. The second rule is that it's actually not that hard, as long as you avoid the most common pitfalls.

06/12/2024

Life Insurance can seem like a chore, but it is important. We can help take some of the headaches out of the process. Work with a broker to find the best solution for YOU.

We see it too often that people wait until something happens to be proactive, Buy it when you're young and healthy.

06/06/2024

When I ask people what they think of when I say Long-Term Care, I always get the same response. "Nursing home"

We look at Long-Term Care insurance as ANTI-Nursing home insurance. In reality, the lion's share of care is provided at home.

We help our clients create a care plan that allows them to remain safe in the comfort of their own homes for as long as possible, allows their families to manage their care rather than provide it & protects their retirement income.

If you've ever experienced this with a family member, you know just how hard it is.

Don't let being unprepared make it harder than it needs to be, work with a financial professional to create a plan today.

04/29/2024

Focusing on Risk Management, we help you protect against what can go wrong, while you invest in what can go right.

Whether you're just getting started, or nearing retirement, you should take a moment to ask yourself, what could go wrong?

Income drives the financial plan for young people, so you should consider protecting it. If you were sick or hurt & couldn't work, how would that affect your plan? What if there was a premature death in the family?

As you're nearing retirement, you're faced with many questions...

Will I run out of money? We help you use some of your nest egg to create a guaranteed paycheck you can never outlive.

Could my financial plan bear the costs of a Long-Term Care event? These things can cost $10,000+ Per month.

We help you transfer some or all of that risk to an insurance company so you can ensure your retirement income remains sufficient as you age.

Saving, investing & paying down debt is a huge part of the financial plan, but risk management ensures you'll get from point A to point B.

04/23/2024

Many times, we get stuck in growth mode. Running a business is hard, and it takes a lot to make it work.

The last thing most people want to think about is insurance, but I've personally experienced what can happen in business when these things are put off too long.

It's important to sit down with a financial professional who can analyze things through a different lens, and help you make sure you're covered if things don't go according to plan.

Shoot me a DM to schedule a no-obligation conversation to make sure you & your partners have the proper risk management in place!

04/18/2024

04/09/2024

As Independent brokers, we work with you to help you understand what solutions fit your situation.

We don't pigeonhole you into what is best for us.

Unfortunately, bad things can happen to good people.

Fortunately, you have someone on your side to protect your family's future.

Let's talk.

03/29/2024

I hear it all the time... Zach I have insurance at work. I'm good.

Normally my follow-up question is "Do you know how it works"

Very rarely do I get a good response...

Truthfully, if you have a decent job, you have some life insurance, nice health insurance & some disability insurance. You're better off than many people, but the devil is in the details.

If you're highly compensated or a large chunk of your income comes from incentives, bonuses or commission, it's highly probable that your benefits don't cover you the way you think they do.

Imagine this...

You make $80,000. $40,000 is salary and the rest is incentives.

You're in an accident, you can't work for 9 months.

You have disability insurance through work. It's supposed to pay you 60% of your income. But when you go on claim it only pays 60% of your $40,000 base pay. on top of that, it's taxable...

You just went from expecting $4000/mo to live on, in reality, you're getting $1500/mo.

Maybe you could make the $4,000 work while you got back on your feet, but $1,500?? No way.

That's a simple example of why you need to understand your benefits. Maybe we take a look & say you're great. You have exactly what you need. We might also take a look and address some serious deficits you weren't aware of.

It's worth having a conversation with a financial professional to understand your workplace benefits & how they work before you need them. Not once it's too late.

03/25/2024

Millennials are set to inherit as much as $90 Trillion before 2044, in what Economists call The Great Wealth Transfer.

We financial professionals see a major Tsunami coming to jeopardize this transfer. Long-Term Care.

Right now, Healthcare spending + Social Security + interest (4%) accounts for 68% of United States tax receipts.

It's estimated by 2040 those three things will account for 100% of all taxes.

So what is this Long-Term care thing & why does it risk your nest egg.

Long-term care is a disabling event that happens from the fragility of aging. Modern medicine has cracked the code for letting people live much longer, but they're not as far ahead in giving a great quality of life.

It starts with needing some assistance around the house and eventually can lead to things like assisted living or nursing homes.

The problem is most of this care is not covered by Medicare and it can be financially devastating.

If you haven't back-tested your retirement plan to withstand another $5-10,000 in additional monthly expenses, you should consider doing some additional planning.

I see this as the biggest retirement risk we are facing today, as well as one of the biggest risks millennials face.

We will be the ones helping our parents. Anyone who has experienced this knows just how hard it can be.

We offer many viable solutions in the long-term care insurance space, but that's not always the best fit for everyone.

If you or a parent are nearing retirement, it's worth having a conversation with a financial professional about what your plan is.

If this is something you'd like to discuss further, please reach out!