Wealth resilience

If the law allowed you to build your entire financial plan around just one product—only one—what would you choose?   This is the question that Bob Castilogne, the renowned wealth counsellor, began putting to clients decades ago. And even after all the innovation we’ve seen in financial planning, the answer is the same: it’s permanent life insurance . Here’s why:   Most people instinctively opt for investments they frequently hear about, those that could experience explosive

Think about your income today and for the rest of your working years. If you’re 40, earning $100,000 per year and plan to work until age 65, that’s $2,500,000 of income at the very least. That’s worth protecting because no one can predict when a financial storm will hit or what kind of damage it will do, but they happen all the time. People lose their jobs, get sick, get sued, get sidelined by injury, or worse, every day. It’s only a nightmare if your wealth plan leaves you u