$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC December 15, 2025
INSURANCE AND ILLNESSES

Two Insurances You Need – NOW!

Disclaimer: Good Day, Readers.  The WealthBuildingPowers blog focuses on financial literacy and competency, and it does not provide specific investment recommendations.   Disability and Life Insurance! Your biggest asset isn’t your house or car. It’s your ability to earn money. Financially literate people protect their ability to earn money in sickness and in health. Disability insurance Disability insurance is a crucial coverage that most people skip. If you have a health crisis or accident and ...

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by Powers Investments Management, LLC February 14, 2025
FINANCIAL LITERACY

Today’s Deep Dive Podcast: One In Four Adults Will Become Disabled – Protecting Your Financial Future

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.   Click below to listen to Today's Deep Dive Podcast: One In Four Adults Will Become Disabled - Protecting Your Financial Future  Podcast created with Alphabet’s Notebook LM. Today’s podcast discusses my personal experience with a disabling autoimmune disease to highlight the potential financial devastation of job loss due to illness. The podcast discusses the types of ...

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by Powers Investments Management, LLC January 13, 2025
FINANCIAL LITERACY

Facing Disability in My 50s: The Critical Importance of Disability Insurance

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.   Listen to a discussion on today's blog by clicking below, or keep reading. "One In Four Adults Will Become Disabled - Protecting Your Financial Future" The Critical Importance of Disability Insurance I do not often talk about my disability and hid my health issues from my colleagues for years. In my 40s, I was diagnosed with ...

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by Powers Investments Management, LLC March 11, 2019
INSURANCE AND ILLNESSES

PART 3 OF 3: DISABILITY AND LIFE-INSURANCE – {CONTINUED FROM PART 2: DISABILITY INSURANCE IS OFTEN MORE IMPORTANT THAN LIFE INSURANCE}

The purpose of these three blogs is to increase your awareness of the potential severe financial impact for people suffering from chronic illnesses or life altering injuries. Either an illness or injury can abruptly end your ability to work and earn a living. Recall that 40% of Americans suffer one or more chronic illnesses.  And many struggle to survive day-to-day expenses and needs. There are actions you can take today to ...

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by Powers Investments Management, LLC February 25, 2019
INSURANCE AND ILLNESSES

A FINANCIAL PLAN FOR LIVING WITH CHRONIC ILLNESS (PART 1 OF 3)

The US Health Care system is a mess.  This blog attempts to help you understand how to navigate our patched together health care system, for those with serious health problems and expenses.   Over 133 million Americans or about 40% of our population suffer from a Chronic Illness with about 81 million having multiple conditions. A chronic disease/illness as defined by the U.S. National Center for Health Statistics, is a disease lasting three ...

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by Powers Investments Management, LLC February 11, 2019
INSURANCE AND ILLNESSES

PART 2: DISABILITY INSURANCE RESTRICTIONS AND HOW MUCH $$$ INSURANCE IS NEEDED {CONTINUED FROM: PART 1: INSURANCE SHOULD BE NO MORE OF AN OPTION THAN EMPLOYMENT!}

If I could have one ”do over” insurance decision, I would have purchased personal/private short and long-term disability insurance, in my 20’s.  Recently I became one of the 40% of Americans with a chronic illness and applied for short and long term disability insurance. I discovered several loopholes and “20-foot concrete, steel-reinforced walls/barriers”, depending solely on and Employer Sponsored Disability Insurance Policy!  RISK FACTORS Majority of you face the strong likelihood you will work for several ...

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