10 Financial Wellness Questions - Are you avoiding these common mistakes?

This confidential quiz provides a simple and easy way to reveal if your current financial and insurance strategies have addressed potential risks and helps identify gaps and areas of concern. 
The ultimate goal should be to eliminate or mitigate risks and have your investments, insurance and assets organized, integrated and coordinated into a comprehensive financial solution to achieve an optimal outcome.
Unfortunately, one mistake can result in total failure. 

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* 1. If the financial markets drop, are my assets protected from sustaining significant losses that could take years to recover?

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* 2. Am I using investment products that offer guaranteed protection from losses and have growth potential for investment gains and no fees?

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* 3. Have I've built a significant balance in my 401K/403B or other corporate retirement plan and I'm confident how to protect and grow these funds or maximize retirement income?

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* 4. Will my current investment program ensure I don't “outlive” my assets and run out of money in retirement?

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* 5. If I become too sick or injured to work, is my income sufficiently protected by a work benefit or an individual disability policy to provide for those dependent on me (spouse, kids, parents) and fund my retirement?

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* 6. If my spouse or I prematurely die, will the income be replaced to maintain the same standard of living and provide for all future financial needs?

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* 7. Does my current investment strategy have tax diversification in the event that taxes increase in the future?  (ex: 401K withdrawals = fully taxable vs tax-free or tax-deferred assets)

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* 8. Do I have a Long Term Care Plan so I won't be a burden on my family and be forced to liquidate savings, retirement funds or equity in my home for future care, not covered by Medicare?

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* 9. Have I seen an analysis and comparison of Social Security filing strategies and either chosen the optimal recommendation for maximum income or an alternate option?

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* 10. I'm open to a no-cost, no-obligation consultation with an Independent licensed financial representative to review and discuss any areas of concern or ways to improve my current situation.
To schedule a brief Zoom chat:  https://calendly.com/t_friedman/chat

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