Prosperity Thinkers BLOG
At Prosperity Thinkers™, we have a wealth of information for you. Please take a moment to look through everything and if you have questions, please email Support@Prosperitythinkers.com.

Retirement Income Streams: Guarantees, Promises And Contracts
What’s the best approach for ensuring a steady stream of retirement income? Discussions of this question inevitably come down to the two primary options: group plans and individual contracts. Fewer people talk about how to make your money work smarter before retirement. Knowledge of

Understanding the “Real Cost” of Financial Decisions Takes Some Imagination
One of the most typical methods of assessing the desirability of a particular financial decision is to evaluate the “benefits and associated costs.” Yet what is the true cost of a financial decision? Even in the simplest transaction, the cost isn’t just the amount

Are Americans Saving More Money?
Where You Stand Today May DetermineWhere You End Up Tomorrow While the financial crisis that originated with the subprime mortgage sector in 2007 is over, the last year has been one of challenge (and innovation). Join us as we assess two of the outcomes

Whole Life Insurance: A Unique Asset Class
a “Don’t put all your eggs in one basket.” This old saying reflects a common-sense approach to long-term asset accumulation. Even if current returns from a particular investment are quite profitable, there’s wisdom in not putting too much of your savings into a single

Understanding the Impact of Inflation
There have been rumblings in the news about inflation, and whether the jump in gas prices (combined with an economy on the rebound) warrants the Feds raising interest rates. Despite these factors, the Fed does not anticipate raising federal interest rates. So is there

Self-Employment in the Digital Age
“You are always self-employed. You are always the president of your own personal services corporation, no matter where you might be working at the moment.” ― Brian Tracy Table Of Contents W-2, 1099, or Schedule C? It Doesn’t Matter, Because Everyone is Really “Self-Employed”

How Safe is Your Money? Fractional Reserve Banking and Other Threats
“You’re thinking of this place all wrong… as if I had the money back in a safe. The money’s not here. Your money’s in Joe’s house…right next to yours. And in the Kennedy house, and Mrs. Macklin’s house, and a hundred others. Why, you’re

The Beneficiary Checklist: 7 Mistakes to Avoid!
Do you intend to leave a legacy? Utilizing life insurance and selecting beneficiaries for your policies and/or other accounts make leaving legacy gifts simple, keeping them out of probate or the state courts. That is… unless you make a critical mistake. We wrote this

The Strength of Guarantees: 7702 Plan Change and What it Means
Wrapping up 2020, the IRS introduced a significant change to the tax code that governs life insurance. This code hasn’t been changed in decades, so there are bound to be adjustments going forward. While there are plenty of opinions on how this will change