$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC May 6, 2024
person sitting on wheelchair
FINANCIAL LITERACY

ONLY THE WEALTHY AND FOOLS DO NOT OBTAIN LONG AND SHORT-TERM DISABILITY INSURANCE

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.     https://youtu.be/Cr2zpJrStQw DISABILITY INSURANCE IN 60 SECONDS Photo by RDNE Stock project on Pexels.com Empower Your Financial Well-being: Prioritize Long and Short-Term Disability Insurance Without Delay! I retired for health reasons at the age of 57. It was unexpected, BUT I was thankfully prepared. I had private short- and long-term disability insurance.   I also received monthly Social Security Disability payments. ...

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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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