Prices of food outrageous, gas way above what it should be, market is crashing, bank is going to go broke, and next it will be a food shortage a lot more so then now. Unemployment is a high in 7 yrs and running. Utility costs are sky rocketing. How many of you that own homes and new vehicles make your car loans before you make your house payment ? I know someone that makes the car payment instead of the house payment and I find that to be rather dumb. I’d sell the car, or let the bank take it back and go get an older style car. But thats not really the question here. I worry about what others are going to do because I know what Im doing, and I need to figure out how bad the crime rate is going to go up because people are going to have to beg steal and barrow. The amish way of life is getting to look a lot like your future isnt it ?!!!
Very interesting and honest answers. My family is classified as poverty level, but we survive without a lot of the luxuries. we have a few of the basics like a computer and internet and cable tv, but no fancy cars, not the best of clothes, but we’re good people. I have a large fire pit and ring, a stock pile of fire wood and cast irons to cook in and on…been doing it that way for years…to bad my electric bill keeps going up !!
Posts Tagged ‘life’
How are you going to sustain life during the depression ?
I lost my life insurance due to non payment but payment was deducted from wages by employer. can I sue?
the payment for my premium is automatically deducted from my wages and my employer is to send in the payment. I have lost my life insurance, pension and annuity riders because employer did not make payments. I want to be compensated for my loss, what are my rights by California Laws and what authorities do I report this to?
is it better to take a lump sum for retirement or annuity payments for life if you are 61 years old?
Since the stock market is so shakey I wouldn’t want to lose my retirement money to the stock market! What are the tax implications and benefits?
Please advice me. I’m depressed with my life.?
I’m a girl and I’m 18. Everyday, I’m always worried that I will not be able to get a good job with high payment in the future once I graduate from diploma in customer relationship and service management. I worried because I’m just an average student or maybe below average. There is very high competition. Employers will definitely choose the best.
My father is the only breadwinner. We do not have savings. Whatever we get for the month, will be spend for the month and finish it. We need to wait for the next month’s salary. They will later count on me.
I think my diploma is not enough. I need to have more skills but I’m not sure of what skills will be useful. Maybe skills of baking some cakes so that I can sell? Or skills of able to play music instruments?
Please advice me.
What is the best way to cancel a cash value life insurance policy.?
I want to keep the cash value invested, and would like to reduce the amount of penalty’s that would be levied against it. I have done numerous studing on the topic and have realized that this was a mistake and i got taken. I’ve been funding it for a little over a year and have about a thousand dollars in the cash value. The surrender period is ten years. I’ve heard it is a good idea to role it over in a 1035 exchange into a variable annuity with the same company to reduce the fee’s. Help????
pension – Life Annuity?
I recently discovered that I really have a pension coming.
I worked at Rockwell in the 80’s-90’s and rolled over my savings 401k to IRA in 1995 after layoff.
Last week discovered that I still have a pension despite being told then I didnt qualify.
This pension is now a Boeing pension (part of why I now qualify).
QUESTION:
The pension is a ‘Life Annuity’ and is not roll overable or lumpsum available.
Short of waiting till retirement… Is there a way to sell it?
If not I have every intention to wait till age 65 (im 49 now) to collect the pension for life. And the pension is small its about $400 (w/wife 100% option).
Btw, I have other $$ and pensions so this one is extra.
but if I could get the pension totally now I would do better than 5.25% that the pension does to give me the life annuity?
I assuming this idea is definatley a no-no.
how caN i develope my charisma for selling life insurance?
as u can guess from my question my profession is selling life insurance and annuities and i wanne develope my talents with ur help and contribution …..thx my dear friend
Can someone explain how selling life insurance, annuities, etc. works?
I’m just wondering how people get paid for selling insurance to companies? I know they get a commission or price per head, but do they get a certain amount every month, every year, lump sum, or what?
I’m heavily debating going for my PL 2-15 and Series 6 here in Florida, but want to know EXACTLY how things work before I start studying.
Is it bad to take from Life Insurance Policy?
There’s a organization which is non-profitable. Sadly, I live in this damn organization. However, i went to the site’s webpage and looked under what donations are acceptable. It reads:
Gifts of cash, stocks, bonds, and deferred gifts such as life income (Annuity, Unitrust), life insurance policies, charitable lead trusts, and bequests will be accepted.
Now, I looked up why is life insurance so important and it covers a person’s life and in case of accidently deaths and such. So, when the person dies the family doesn’t have to go bankrupt and sell their home.
I also looked up Life Income and it sounded to me that you give the doner money and they give you money back. Also, what sounds alittle screwy is the bonds and stocks. No wonder why the stock markey crashed. LOL! just kidding.
Is this organization scamming people or what is your opinions on it?
can I take a capital loss write off for a cashed in life annuity policy?
I cancelled a variable life annutity contract after 4 years of contributing with my post tax dollars. Surrender charges were outrageous, can I deduct them as a capital loss?
Looking for cheap & crappy life insurance.?
I am looking for sources of *REALLY* cheap life insurance. I have to have life insurance for the next six years (declining each year), while I pay off a structured legal settlement.
I don’t care about financial stability of the company or a history of hassling the beneficiaries to collect. I don’t care about guaranteed renewability, as if I’m not insurable, I don’t have to buy the insurance. All I care about is price and that the policy comes with an official receipt that will satisfy their lawyers.
Websites such as INSweb typically only offer 5-year term or longer, and I want cheaper than that.
Does Banker’s Life have an annuity that shelters an elderly persons assets from nursing home costs?
My husband’s mother was contacted by a representive of Banker’s Life trying to sell her an annuity that would preserve her assets “for the kids” in case she would need nursing home care.
She is 84 and is nearing the time when she will no longer be able to live on her own. She is not a wealthy woman and I believe any money she does have should go for her care.
Does anyone know anything about this type of annuity?
Costs, penalties for early surrender, is it even legal?
Selling annuities and life and health Want to go (non-captive) need a company?
I have had my liscense for over a year,and I have worked for a insurance company,but I want to go on my own and become non-captive. This will allow me to gain more capital and be my own boss. But I need to know where to start to find a company that will allow me to be non-captive. Where should I look? I looked all over the internet and cant seem to find one website.