Not much ‘bang for your buck’ in this investment

The Bakersfield Californian November 19, 2010 A 46-year-old Bakersfield teacher came into my office recently with a “funny feeling” about an equity-indexed universal life insurance policy she had just purchased. The woman was approached by a local salesman and invited to bring a group of her friends together for dinner to learn about a “surefire” … Read more

Boomers face up to financial fears in retirement

The Bakersfield Californian July 23, 2010 As boomers age, they face one of the greatest challenges in their lives: how to avoid running out of money in retirement. Many boomers are financially unprepared for retirement and may go broke. A recent study released by the Employee Research Benefit Institute found that nearly one-half (47.2 percent) … Read more