We are thrilled to have Tom Hegna, past Senior Vice President of New York Life's Annuity division on to discuss how to Retire Happy, regardless of your age.  In the Third Episode, Tom gives you insights into what you should do, when you should do it, and what PRODUCTS, you should have to retire HAPPY.

P.S. If you want to learn more for your specific situation, click on the form to the right to have your "Perfect Plan" designed based upon your goals.


#RetireHappy #PerfectPlan #Income #IncomeAnnuity #Annuties #LifetimeIncome

You've heard the saying, "Buy Term and invest the difference, right?" Well, in this clip, Tom Hegna explains the BASICS about Whole Life Insurance.  When combined with other tax strategies, as well as a Long Term Care Rider which is now a "standard" rider that EVERYONE should add to your policy (if old enough), it becomes an Asset that you can use your WHOLE LIFE.

If you are in your 20's, the concept is compounding. A life insurance policy purchased when young, can do the following:

  • Tax Deferred Growth of your money

  • Lifetime Insurance Protection

  • Guaranteed ability to purchase MORE every few years (without a medical exam)

  • Provide a Long Term Care Benefit

  • Placed in a trust for "special needs" care of an individual

  • Used as a Buy/Sell in the future

  • Buy a house and use the cash as a down payment (with repayment to yourself)

  • Depending on the product, may also have guaranteed lifetime income (depending on carrier).


Ever wanted the "perfect" plan where the company gets a current deduction when the money is paid into the plan, the cash grows tax deferred, and then the participant get the money "tax free"? Well look no further. There is a plan like that available. You just have to be willing to discriminate.

It's called a Restricted Executive Bonus plan and combines to different benefits in one. It has to be done carefully to meet IRS guidelines, but is 100% legal. Nice thing is, it's not carrier or product specific, and has the flexibility as to what type of asset you want in the plan.

To learn more, give us a call or check out our Executive Bonus material. We'd be happy to design a sample for you so that you keep your best people.