I have talked some about becoming your own banker. This is called The Infinite Banking Concept. This concept requires a shift in mindset. This is because we have all been conditioned to borrowing money. But think about the advantages, 1) no debt, 2) money for retirement, 3) an automatic (and growing) estate, 4) a real retirement without the higher taxes we all expect and 5) and a person saves a LOT of money.

So the concept goes like this: a person has paid off personal debt using this concept. They now purchase their automobiles/trucks using this concept, and yet the money continues to grow. What now?

Now they are in position to take it to the next level. Many things they could do, but one idea is to lease equipment to their own corporation. The equipment is in their personal name, and they reap a profit from their corporation from the interest built into the lease.

There a lots of scenarios like this. But the first step is learning how to get started. That’s what I am here for.

Call me and let me show you how this concept can work for you.

Michael P Myers
209-390-1163

In these economic times, what should a parent do to plan for their child’s college costs? One solid planning tool and, in my opinion, one of the safest options is an old fashioned “whole life” plan.

Whole life insurance?

That’s kind of expensive, isn’t it?

If a person needs short term life insurance in large amounts, well, yes it is expensive.  But you are looking for a means of funding college tuition, so you may find whole life insurance expense to be very reasonable and … once again, safe.

The key is maximizing the cash value while at the same time providing insurance on the breadwinner (that’s the parent) to assure its completion. That is to say, should the parent die, the life insurance proceeds helps to pay for the college tuition and if the parent lives, the cash value of the policy helps pay the college tuition when the time comes for your offspring to leave for college.

The concept is pretty simple!  I know of no other concept that matches this one for safety and certainty.  The outcome is insured, what a person plans for is what will happen – essentially eliminating the element of risk associated with many other options for college planning. This does not mean other plans do not have their place, but purchasing a good whole life insurance plan is, to my way of thinking, the easiest and safest way to get what you want;
and for your child, that means a good start on meeting their future college tuition costs.

May I show you how this will work for you?

Medicare Advantage season was over before it began, so far as I was concerned, as the Annual Enrollment Period runs from November 15th to December 31st and the regulations got pulled on November 14th. Lots of issues over commissions and the like with certain ones acting like we insurance agents are getting rich selling this stuff. Nothing could be further from the truth. We have hours and hours invested EVERY year to certify to enroll people during the current season. Nothing else in the industry, that I know of approaches this level of time investment by the agent, with so little compensation. No one pays for our time to do this. And then the restrictions on marketing get more and more restrictive. And as for commissions, no one is getting rich here. They could only be described as low to very low – especially when you consider what a person goes through to offer them.

And as irritated as I am, personally, by all of this, I think Seniors should be even more irritated. Rules and rules and more rules – with notices after notices that no one is going to take the time to read, much less know what it means.

I have my doubts that these plans will continue for very much longer, at least not without serious changes.

Having said this, it is to be acknowledged that there are definite advantages to these types of plans – for some consumers, but how anyone finds out without talking to someone – like myself – who will tell them the truth – about all plans available, not just the ones you can sign up for at the drug store or some major retailer, I have no idea.

Every person is different, and which plan is best for them depends on unique circumstances. But plans made available in major retailers – usually is contractually limited to one or two plans, and in addition to this obvious issue that is not in the consumer’s best interest … ask the agent how long he/she has been licensed. In most cases, not long.

I have been working with Medicare Supplements for over 30 years. I believe that some people are best served by Medicare Advantage products (in spite of all the hassles), but many – if not most – are best served by traditional products.

I can help you, but due to all the regulation, I need you to ask me. I will guide you through it.

And keep in mind that CA has a rule that allows you to, in many cases, switch Medicare Supplement plans without underwriting 30 days from your birthday.

So if you have a birthday coming up – why not let me offer you my services? It won’t cost you anything – and likely will save you money.

Disability income insurance provides income for when a disability keeps one from doing their normal work load. It can be either personal, or business oriented. Many do not have disability insurance, either because they do not see the need, or they think it’s not possible in California to get adequate coverage.

I have known quite a few who did not, and then found out they should have. But rather than concentrate on the negative, I thought I’d share some stories with you about those who planned, and were very happy they did. Click here to read

If you’d like me to show you a plan that matches your need, call me or email me.

Michael Myers

Life insurance can be, and should be, an integral part of college planning. Life insurance may make possible,  that which a person desires for children  – whether or not they are still living to make it happen.

One of the biggest problems in doing this, can be money. “So, if I put money away for my child’s college education, where does the money come from to pay for life insurance?”

Well consider this scenario: A 35 year old mother with a one year old child is faced with just such a dilemma. But what if she were to purchase a policy, just for this reason, that

• if she died provides $200,000 of death benefit to help with college and living expenses,
• but if she lives, provides over $33,000 to assist with the other help she is giving?

And what if I told you that she was able to both put money aside and pay for the life insurance? Each person is different, but why not let me demonstrate how this will work in your situation? Call me or email me, and I will provide details of how this will work for your benefit.