She Inherited $1 Million. Then Everything Changed | EP 94 omslagafbeelding

She Inherited $1 Million. Then Everything Changed | EP 94

She Inherited $1 Million. Then Everything Changed | EP 94

Nu gratis luisteren, zonder abonnement

Details bekijken

Seizoensaanbiedingen | € 0,99 per maand voor 3 maanden

Daarna € 6,99 per maand – voorwaarden zijn van toepassing. Maandelijks opzegbaar.
What happens when you inherit $1 million but don't know what to do next? For one woman, a simple life insurance beneficiary change opened the door to a bigger conversation about retirement planning, financial security, inheritance planning, and protecting her family's future.In this episode of Make It Personal, host Mark welcomes Catherine Damron of Mutual of Omaha Advisors to share the story of Laura, a recently widowed mother, grandmother, and business owner who was navigating major financial decisions after losing her husband and mother.Laura had received a $1 million inheritance, but she wasn't sure how to make that money work for her retirement, her children, or future generations. She also had old 401(k) accounts, existing investments, and concerns about long-term care expenses after experiencing her mother's care needs firsthand.Through conversations with her financial advisor and attorneys, Laura explored annuity strategies, life insurance, retirement income planning, long-term care protection, and beneficiary updates. What began as a routine paperwork request developed into a coordinated financial plan designed around her goals.If you're managing an inheritance, preparing for retirement, navigating life after losing a spouse, or wondering how to protect your family's financial future, this real-life story offers valuable perspective on why financial clarity matters.What You'll Learn:→ How to approach a $1 million inheritance: Discover how Laura explored allocating half of her inheritance into a growth annuity, with the intention of later transitioning toward retirement income, while working with her financial and legal professionals.→ Why beneficiary reviews matter after major life changes: Learn how a simple life insurance beneficiary update became an opportunity to review Laura's broader financial picture, including her children, grandchildren, and legacy planning goals.→ How life insurance and long-term care planning can work together: Hear why Laura explored an indexed universal life insurance policy with long-term care benefits after witnessing the financial and emotional impact of her mother's care experience.→ Why financial clarity can be as important as financial assets: See how reviewing inherited money, old 401(k)s, retirement goals, business interests, and family protection helped Laura move from uncertainty toward greater peace of mind.Connect with Mutual of Omaha Advisors through the following links:→ Download The Game of the Decade eBook: https://makeitpersonalpodcast.com/free-ebook-page-2→ Download the Seven Principles eBook: https://makeitpersonalpodcast.com/free-ebook-page?utm_source=podcast&utm_medium=allplatforms&utm_mediacode=FCF&utm_campaign=makeitpersonal→ Instagram: https://www.instagram.com/makeitpersonal_podcast/→ Facebook - Mutual of Omaha Advisors: https://www.facebook.com/MutualofOmahaAdvisorsFB→ Sign Up For a Free Financial Strategy Meeting: https://makeitpersonalpodcast.com/get-connected/?utm_source=podcast&utm_medium=allplatforms&utm_mediacode=FCF&utm_campaign=makeitpersonal--Investing involves risk, including loss of principal. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services, Inc. does not provide tax or legal advice. Please consult with the appropriate professional regarding your personal situation prior to making any financial decisions. Strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Mutual of Omaha Advisors is a division of Mutual of Omaha Insurance Company.
adbl_web_anon_alc_button_suppression_t1
Nog geen reviews beschikbaar