Preserve, Protect, and Defend

We are all familiar with these three great words and what they have meant to our country. It doesn’t matter what party you might align with, we all want our way of life preserved, protected and defended. That is the American way. Well, I would be remiss if I didn’t mention the obvious - there are a lot of geopolitical events happening that could alter or impact Americans portfolios and nest eggs.
 
Again, placing party preferences to the sideline, many feel that inflation is a threat to their retirement income. I made mention to my wife yesterday about the price of gas. I put 20 gallons in the tank and paid about $1 more per gallon than last year. That is an additional cost of $20. Well, I am thankful that that will not up-end my financial life, but it is one of the things that can alter a retiree’s way of life.  
 
Let’s also look at taxation. If we spend what is proposed… tax rates will go up. And, even if the intentions are not to tax the majority of Americans, I say (from past experience) that they will have to be raised pretty much across the board to pay for all the “stuff” that is being proposed.
 
So, what does all of this have to do with the title of this commentary? Let’s look…

There is a lot of uncertainty in the world and that rattles everything that is financial. Taxes, inflation, geopolitical events, and unrest in the rest of the world might all play a part in a downturn in financial markets. So, now is the time for us to Preserve, Protect and Defend our nest eggs.

​With annuities, you will not lose a penny of principal or previous gains (speaking of fixed annuities). They can also guarantee a stream of income that you can’t outlive, regardless of how long you live or what the markets might do. We can offer dream completion through the tax-free death benefits of a life insurance policy. In the event of a chronic illness or long term care need, we can connect you with an advisor who has the products that will accelerate the death benefit to use for those health related expenses.

In summary, let’s preserve the nest egg,  protect the income streams and defend financial ways of life. Our roots, going back to 1975, show that we have weathered a few of these storms in the past.

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This article was written by... 
Raymond J. Ohlson CLU, CRC, CEO & President of The Ohlson Group, Inc. and SMP International, LLC     
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Mr. Ohlson entered the insurance business while completing his Bachelor of Science Degree at Ball State University.  He quickly qualified for the Million Dollar Round Table (MDRT) of which he is a Life Member.  He also received his Chartered Life Underwriter (CLU) designation from the American College in Bryn Mawr, Pennsylvania.
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Mr. Ohlson, a former life insurance company president, served for 13 years on the Board of trustees on one of Indiana's largest hospitals. He has his CRC, Certified Retirement counselor, published author and sought after speaker.