Eric OSullivan, Financial Planning

Balanced Structure for Distribution of Income

The goal with this balanced, integrated approach is to create a strategy in retirement
that does the opposite of the traditional approach, creating true liquidity, taking less risk,
paying less in taxes, all the while potentially enjoying more income.

4 standards to a Balanced Retirement

4. Liabilities - Reduce Taxes
Take advantage of techniques that can allow you to reduce
taxes on income from your balance sheet.

4 standards to a Balanced Retirement

2. Balance Cash Flow Allocation
Balance the amount of money that is guaranteed from
sources like social security, pensions and annuities with
variable income that may be market driven.

4 standards to a Balanced Retirement

1. Manage Retirement Risks
Be prepared for personal risks, like getting sick, and broader
economic risks such as inflation, taxes, and market volatility.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 8 - Things to consider when buying life insurance:
* Your age: Life insurance premiums are typically higher for older people.
* Your health: People with health problems may pay higher premiums for life insurance.
* Your income: The amount of life insurance you need will depend on your income and your dependents' financial needs.
* Your financial goals: Life insurance can be used to achieve a variety of financial goals. Consider what your goals are and how life insurance can help you achieve them.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 7 - Pass on your legacy. Life insurance can help you provide for your loved ones after you're gone, ensuring that they have the financial resources they need to live a comfortable life.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 6 - Help you protect your assets. Life insurance can help to shield your assets from creditors and taxes in the event of your death.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 5 - Help you achieve your financial goals. Life insurance can provide you with a source of income that you can use to pay for your children's education, pay off a mortgage, save for retirement, or start a business.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 4 - Pay for debts. If you have any debts, such as a mortgage or car loan, life insurance can help to pay them off. This can free up your loved ones' income so that they can focus on other things, such as raising their children or saving for retirement.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 3 - Pay for funeral costs. Funerals can be expensive, and life insurance can help to cover these costs. This can be a great relief to your loved ones, who will already be grieving your loss.

September is Life Insurance Awareness Month

8 Part Series - WHY life insurance is an important part of your financial plan.

Part 2 - Replace your income. If you're the main breadwinner in your family, your death could have a significant financial impact on your loved ones. Life insurance can help to replace your income, so that your loved ones can continue to pay their bills and maintain their standard of living.

September is Life Insurance Awareness Month

8 Part Series on WHY life insurance is an important part of your financial plan.

Life insurance provides financial security for your loved ones in the event of your death. It can help to pay for expenses such as funeral costs, debts, mortgage payments, and tuition. Life insurance can also provide income replacement, so that your loved ones don't have to worry if you're no longer there to provide for them.

1 - Provide financial security for your loved ones. If you die unexpectedly, your loved ones could be left with a mountain of debt and other financial obligations. Life insurance can help to pay for these expenses, so that your loved ones can focus on grieving your loss and rebuilding their lives.

8 part series - Why real estate investors need liquid cash

8. Cash Flow Management: Real estate investments may experience periods of negative cash flow, where expenses exceed rental income. Having liquid cash helps investors manage these periods and cover shortfalls without relying on additional financing or selling properties at unfavorable terms.

In summary, having liquid cash as a real estate investor provides financial flexibility, enables quick decision-making, covers upfront costs, handles ongoing expenses, and prepares for unforeseen circumstances. It plays a vital role in effectively managing and growing a real estate portfolio.

8 part series - Why real estate investors need liquid cash

7. Diversification: Liquid cash allows investors to diversify their holdings and take advantage of different investment opportunities beyond real estate. It offers flexibility to explore other investment avenues or seize time-sensitive opportunities in other markets.

8 part series - Why real estate investors need liquid cash

6. Unexpected Expenses: Real estate investments can be unpredictable, and unexpected expenses may arise, such as emergency repairs, legal fees, or evictions. Having liquid cash provides a financial cushion to handle these unforeseen circumstances.