401K versus Indexed Universal Life

In the past few decades, people have fallen prey to the myth that risking everything is far more valuable than safety, steady long-term growth and predictable income. Wall Street firms had much to gain by supporting this contrarian belief. Since the advent of the 401K, the stock market has almost quadrupled in total assets. This was a huge...

Read More

Cost To Raise A Child In The U.S.

Life Insurance is more more important than ever, the day a child is born. According to the U.S. Department of Agriculture, the cost to raise a child is now approximately $245,340 / $304,480 (adjusted for Inflation) according to the "Cost of Raising A Child" report. This is approximately $12,800 - $14,970 per child, per year in a two parent household...

Read More

Another Record Week!

President and Founder, Shawn Meaike, just announced that as a company we are well on our way to a record breaking week for production! Many agents have helped 10+ families and the week is just starting. "We have over a dozen people that have helped 10+ families and we are only 2 production days into the week". The bar has been raised! There are...

Read More

Smoking Will Cost You 6+ Million Dollars!

Last week I took my daughter to the mall. While walking in, she saw someone she knew from school and he was smoking. My daughter said, "Dad, that's gross!". I then replied, "That will probably cost him over a million dollars, too!". Today I wanted to run an Indexed Universal Life (IUL) Illustration just to see what this seemingly small amount...

Read More

Why Family First Life For Your Career?

Watch Our Video To See If We May Be A Good Fit For You! www.FamilyFirstLifeJobs.c...

Read More

Companies Started or Saved By Life Insurance

High Cash Value Life Insurance High Cash Value Life Insurance is one of the most under utilized investment vehicles, used today. With people like Suze Orman and Dave Ramsey telling everyone how terrible this product is and that no one should buy it, it's no wonder this product is so misunderstood. All financial products have their place,...

Read More

Tax-Free Retirement Basics

Family First Life Tax-Free Retirement Asset Protection, Wealth Preservation & Wealth Accumulation Watch our video to learn more about Tax-Free Retirement Call Family First Life Today! (844) 298-7027 www.FamilyFirstLifeMD.com Asset Protection, Wealth Preservation & Wealth Accumulation Looking For A New Career? Visit...

Read More

Mortgage Protection Insurance

What Is Mortgage Protection Insurance? Mortgage Protection Insurance is simply a Life Insurance policy taken out on the life of the borrowers of the property to cover the balance of the loan, should one of the borrowers die during the term of the mortgage.  This is more important than ever in today's economy where both incomes in a family...

Read More

Is Employer Life Insurance Enough?

Many of the clients that our agents meet with are frequently telling us that they don't need any additional Life Insurance because they have insurance through work.  When it comes to my family, anything that costs $8 per month, is just not something I can put all of my faith in! In addition to it not being close to what someone needs, it can...

Read More

Actions Speak Louder Than Words!

Many people will say their family is their #1 priority, but... Here is how they usually rank in order of importance... Home Insured For $250,000 If home burns down, it is replaced because of Home Owner's Insurance.  Car Insured For $45,000 If car is totaled, it is replaced because of Car Insurance. Cell Phone...

Read More

Suze Orman & Dave Ramsey, Wrong? Absolutely!

Many people in Middle Class America listen to and follow the advice of both Suze Orman and Dave Ramsey.  People expect that the advice they are giving is accurate based on their celebrity status. However, the worst possible advice they could give, is their opinion regarding High Cash Value Life Insurance. They are both either ill-informed...

Read More

Do You Want To Pay Taxes On The Seed or The Harvest

Uncle Sam loves Qualified plans.  He basically has your retirement money mortgaged and holds a lien against it with a tax liability. Here is the main issue with Qualified Retirement Plans that no one talks about: With a Traditional IRA or 401K, you are simply deferring taxes to an unknown amount on the entire growth of your account.If...

Read More

Protecting Your Retirement Income From Taxes

Most people do not know or understand how life insurance and annuities work.  Contact Family First Life of Maryland today to learn more! Watch Ed Slott, CPA, Tax Advisor explain how Life Insurance can work as a Retirement Planning tool! If you have Taxable Savings, You Have A Problem! Michael E, Pfeil Family First Life www.FamilyFirstLife.com mpfeil@familyfirstlifemd.com Looking...

Read More

Current Retirement Figures

A survey conducted by financial-services company, Allianz, found that of people in their late 40s, 77 percent worried more about outliving their money in retirement than any other issue! At Age 65: 56% Need Help Financially 11% Still Work 25% Have Passed On ------------------------------ 92% Are Either Dead or Broke Of the...

Read More

Where Are Taxes Headed?

Have you ever looked at where our National Debt is going?  Here is a live Debt Clock. Currently our country is at one of the lowest tax rates, ever.    However, there are issues at hand that have to be considered to determine where taxes are headed: National Debt In 2008, our country's “official”  national debt was...

Read More

Best Forms Of Money

The decisions you make today will determine where you are tomorrow. The issue we see most is people over fund their "Free Money" (company matching 401k's) and then jump to #3 and begin to accumulate Tax Deferred Money which can be disastrous for your retirement! Free Money  Matching 401K Inheritance Tax-Free Money  Roth...

Read More

Types Of Life Insurance

Life Insurance Basics When looking for Life Insurance, it can be confusing due to the many different carriers and products that are available.  Each product serves a specific purpose to solve a particular problem.  Basically there are 3 types of Life Insurance;  1) There is Term Life Insurance; 2) There is Whole Life Insurance;...

Read More

Gift Of A Lifetime

SITUATION SOLUTION  THE POLICY HOW IT WORKS WHAT DID WE ACCOMPLISH Michael Pfeil Family First Life of Maryland www.familyfirstlifemd.com mpfeil@familyfirstlifemd.com Looking For A New Career? Visit Our Jobs Website www.FamilyFirstLifeJobs.c...

Read More

Indexed Universal Life Insurance

Indexed Universal Life "Buy Term and Invest The Rest"   A common phrase in the insurance industry you will hear is, "Buy Term and Invest The Rest". This does not Always work for everyone and is the reason why today only 5% of people at age 65 can retire. Also, the majority of the people that I personally meet with are 60+ years of age...

Read More