Month: April 2024
Social Security: What You Need To Know (Ep. 12)

Social Security: What You Need To Know (Ep. 12)

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Are you missing out on crucial Social Security benefits without even knowing it?

Join Jason Coddington in this insightful episode of ‘Money Metaphors’ as he untangles Social Security’s complexities. Covering topics from sustainability challenges to the effects of early benefits for small business owners, this episode provides essential insights for savvy retirement planning.

Key Highlights:

  • Understanding Social Security’s Future: Uncover the funding model’s challenges and the critical need for policy shifts
  • Role in Retirement: See how Social Security should complement, not solely constitute, your retirement plan
  • Benefits Timing: Learn the impacts of taking benefits early at 62 versus waiting for full retirement age
  • Importance of Account Monitoring: Stay vigilant with regular checks on your Social Security account to prevent fraud

Special Focus for Small Business Owners:

  • Income Thresholds: Grasp how business income over $22,000 affects your early benefits
  • Navigating Benefit Taxation: Understand how your income influences the taxation of your benefits
  • Maximizing Spousal Benefits: Discover strategies to leverage spousal benefits for maximum retirement advantage

Engaging Case Studies:

  • Hank and Holly: Join them as they navigate the timing of Social Security benefits
  • John and Julie: Examine the repercussions of opting for early Social Security benefits

Curious about how Social Security will shape your retirement? Tune in to ‘Money Metaphors’ for these insights and more. Don’t forget to visit our resources for a deeper dive into smart retirement planning.

Connect with Jason Coddington:

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How To Do Life Insurance Your Way (Ep. 11)

How To Do Life Insurance Your Way (Ep. 11)

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What if there’s a better way to approach life insurance than what you’ve been told?

Dive head first into the world of life insurance with Jason Coddington in this compelling ‘Money Metaphors’ episode. Jason shares his personal journey with life insurance following his father’s passing, providing a unique and heartfelt insight into this crucial tool for family financial stability and peace of mind. 

Key Highlights:

  • Calculating Life Insurance Coverage: Learn how to tailor your life insurance coverage using needs-based and income-based calculations to meet your financial situation 
  • The Importance of Early Coverage: Discover the significant cost benefits of securing life insurance in your 30s and the concept of ‘insuring your insurability’ against unforeseen health issues
  • Term vs. Permanent Life Insurance: Dive into the differences and advantages of term and permanent life insurance, understanding which option best aligns with your life stage and financial goals
  • The Human Life Value Approach: Understand this unique method for calculating life insurance, focusing on the lifetime earnings potential and its practical implications
  • Combining Policies: Learn effective strategies for blending term and permanent life insurance to achieve both immediate coverage needs and long-term financial security
  • The Benefits of Term Life Conversion: Explore the invaluable option of converting term life into permanent insurance, especially beneficial if health concerns arise later in life
  • Customizing Life Insurance: Jason highlights the importance of customizing life insurance plans to fit individual financial circumstances, career trajectory, and family commitments

Join us in this episode to inspire your financial future with the right life insurance strategy. Act now to safeguard your family’s tomorrow.

Connect with Jason Coddington:

*Guarantees are based on the claims-paying ability of the issuing insurance company.

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