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Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

Dec 24, 2021

If life insurance becomes part of your retirement plan, you need to make sure you’re able to cash in on a claim should the situation arise. Unfortunately, people make mistakes that end up preventing that from happening. We’ll tell you about those and what you can do to keep that from happening. 

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/life-insurance-mistakes-you-need-to-avoid/ 

 

What we discuss in this episode:

0:41 – Why this topic is important

1:27 – You think you’re covered but in the end you aren’t. 

4:33 – Not naming a contingent beneficiary happens to people.

6:04 – Two real-life examples of how messy things can get without a beneficiary.

7:38 – You need to be careful about your hobbies and extracurricular activities. 

9:21 - Attention to detail with your planning