Retirement

Joel Johnson Retiring after successful career

On May 2nd, Joel Johnson, CLU, ChFC, Field Relationship Manager for the North Central Region at DBS, is retiring after 17 years of exceptional service with DBS. Since mid-March, the team at DBS has been focused on making plans for the advisors and brokers currently working with Joel to ensure they are in good hands […]

Greenbook Deja’vu: Proposed Tax Increase on the Wealth

On March 28, 2022, the Biden Administration released its budget and tax proposals for FY2023. Alongside the Budget the Treasury released its document further describing the revenue proposals in what is typically called the Greenbook. Many of the proposals are reminiscent to those in last year’s Greenbook and/or part of the Build Back Better (BBB) […]

DBS Announces Strategic Partnership with Kalamath Consulting Group

DBS announced a strategic partnership with Kalamath Consulting Group (KCG) at its 2022 National Sales Meeting held this past March. As part of the arrangement, KCG’s Cary Fry and Fletcher Brown are now collaborating with the DBS Sales Team to help educate and provide in-depth support for financial advisors who specialize in providing solutions for […]

“SECUREing” America’s Retirement System

On March 29, 2022, in a bipartisan 414-5 vote the House passed legislation known as SECURE 2.0. The bill intends to build upon the original SECURE legislation passed in 2019. The bill aims at increasing retirement savings and expanding availability and participation in employer sponsored retirement plans. It’s likely that Congress will pass, and the […]

Consider Life Insurance as an Asset in a Diversified Portfolio

Life insurance is generally thought of in terms of protecting loved ones in the event of premature death. While this is an important aspect of life insurance, it’s only part of the story. As an individual’s career flourishes and resources allow for personal investing and long-term financial planning, life insurance may be an ideal component […]

Could 2022 be an Important Year for Retirement Planning?

Situation: Clients might come away in a panic if they have been following the headlines in recent years on the question of America’s retirement savings. The prediction of doom comes from several sources. First, according to the Social Security trustees, the Old-Age and Survivors Trust Fund is forecast to become insolvent by 2034, at which […]

Why Addressing Long-Term Care is an Urgent Matter

Virtually all demographic trends in the United States point to large future increases in the demand for long-term care services and support. By 2050, an estimated 27 million people will need long-term care support. The population over 65 will almost double by 2050. The population age 85 or older is set to double between 2015 […]

Life Insurance and the Pandemic

One of the themes we’ll explore in 2022 is “LIFE Goes On,” an examination of the pandemic’s continued effect on the life insurance industry. Since early 2020 we have seen numerous changes to products and pricing, along with a shift in the way business is conducted, with an acceleration in the creation and adoption of […]

Could this be the Year to Sell Your Concentrated Stock Position?

A hallmark of wise planning is to diversify risk across a range of assets and asset types because any one asset or asset class might underperform in a given year. Diversification can help offset underperformance. This risk can be magnified when an individual has a heavy concentration in one stock or asset. While capital gain […]

4 Types of LTC Funding

No one really likes to think about needing long-term health care services, but the reality is that each year, an estimated 10 million Americans need some type of long-term care to assist them in performing everyday tasks like eating or bathing1. Long-term care expenses are a key risk to your clients’ retirement plan. If long-term […]