$ WEALTH BUILDING POWERS

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 ...

Read More
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. ...

Read More
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 ...

Read More