Paradiso Insurance Group

The Financial Risk Spectrum

Prior to retirement these big risks get smaller over time
1) Children Expenses for College

2) Mortgage Payoff

3) Income Replacement

Once you're Retired these big risks get larger over time
1) Stock Market Corrections (typically every decade)

2) Home Ownership Costs (Repairs, Utilities, and Property Taxes)

3) Low Interest Rates, Increasing Tax Rates, and Inflation

4) Under Saved and Spent too Much too Soon

5) Health Care Costs and Utilization

6) Reduced Social Security Income

The Solution? Your Family Bank!

Case Study...Family of Five

Husband 37, Wife 35, Children ages 8, 4, and 3.
Parents want to retire @ 65 with $5,000 month Income plus Social Security.
Husband's Income is $3,960 month
Wife's Income is $3,125 month
They have nothing saved for College.

THEIR AREAS OF INTEREST...
Increase Retirement Income
Reduce Debt
Get Spending Under Control
College Planning
Increase Savings

SAVINGS:

Institution Account Value Monthly Interest Rate
BOA Savings $6,000 $150 .25%
Fidelity 401k $36,500 $300 5%
TOTALS $42,500 $450 AVG: 4.75%

DEBT:

Institution Interest Rate Balance Payment
Visa 12% $460 $55
Medical 0% $2,420 $200
Discover 16% $4,236 $296
Furniture 18% $5,988 $237
Auto 8% $13,313 $417
Mortgage 6.5% $153,781 $972
TOTALS AVG: 10% $180,198 $2,177

DEBT SUMMARY AFTER 30 YEARS:
$180,198 Total Debt but Real Debt with Interest is $380,157.
That's $199,959 in Interest Paid that YOU WILL NEVER GET BACK.

CURRENT RETIREMENT:
$36,500, contributing $300 month at 5% Interest assuming a 25% Income Tax bracket,
Your retirement account at the end of 30 years,
$408,890 BEFORE TAXES
$306,668 AFTER TAXES

WHAT YOUR FAMILY BANK CAN DO INSTEAD

Free from Lenders in 7.8 years
Saved in Interest Payments $122,739
Freed up $2,177/mo. for Retirement
Savings in 30 years of $1,004,387

WHAT IS THIS FAMILIES COST NOT TO DO YOUR FAMILY BANK?

Your Family Bank Provides
$1,004,387 in Retirement plus
$122,739 in Interest Saved minus
$306,668 in Current Retirement totaling

$820,458 in Benefits Lost

THE BENEFITS OF YOUR FAMILY BANK

Get out of debt faster than you ever thought possible
Establish an Emergency Fund
Regain Liquidity plus use and control of Your Money
Safe from Market Fluctuations with Guaranteed Rates
Your Money now has multiple jobs
Self Completing Plan with Death Benefits, Terminal Illness, Chronic Illness and Critical Illness Protection

You insure your car and your home so, why don't you insure the one thing that makes most of what you care most about possible, YOUR INCOME? Long Term Disability Insurance pays you monthly benefits in as little as 30 days, and can last up to retirement age if you become too sick or hurt to work. Click below to get a quote in 30 seconds and get approved in as little a 10 minutes.

Agent Buy convenient, affordable supplemental insurance online. Get free quotes in seconds and easily apply for coverage in minutes with Breeze.