Life Insurance is for protection of your Family and other assets:
Fifty-six percent of married parents believe their current life insurance coverage is inadequate. Twenty-two percent of families with dependent children admit they will have immediate trouble meeting everyday living expenses, and another 26 percent can cover expenses for only a few months if a primary wage earner dies. (Facts about Life 2007, LIMRA International, August 23, 2007)
Although the media talks about it all the time there really is no Social Security trust fund. The money you receive when you retire comes directly from the Social Security taxes being paid by others.Social Security was ever meant to be a crutch for your retirement, so don’t count on Social Security to provide you with ample funds for retirement, start planning now to save funds for your nonworking years.
Recognizing Social Security’s potential downfall, the government has established incentives for you to save money now for your retirement like 401k,s, 403B’s, Ira’s Roth Ira’s and many other approved retirement programs.
Let Donner’s Financial Services help you with Planning for your Retirement.
Give Mr. Donner a call today at 313-574-7468 to start your solutions!!!