08.18.21

Some life insurance is marketed as ‘forced savings,’ but you still need a retirement account to save for the future

Have you heard of ‘forced savings’? This feature of specific life insurance policies refers to automated withdrawals you have set up to save for the future, such as withdrawing a certain amount from each paycheck and transferring it to a different account.

Due to the cash value of permanent life insurance policies, many people consider them a type of forced savings. But life insurance and savings accounts serve different purposes. I recently talked with Ronda Lee of Business Insider about life insurance, savings accounts, and financial planning for retirement.

Please read the entire article here if you want to learn more about these topics.

 

 

Latest Posts

08.12.25

The Truth About Hierarchy in the Workplace

There’s this old-school idea in business that companies are structured like pyramids. You know the one, interns and entry-level employees at the bottom, middle managers in the middle and the CEO sitting right at the top. It’s tidy. It’s linear. And honestly? It’s outdated. 

07.22.25

Conflict Isn’t the Problem, It’s How You Handle It

Let’s be honest, conflict at work is inevitable. You put a bunch of people with different backgrounds, personalities, and habits in one place. Sparks are bound to fly now and then. But I’ve learned that the conflict itself isn’t the real issue. The real challenge is how you respond to it. 

07.07.25

What Happens When You Invite in a Fresh Perspective

I’ve made a lot of mistakes in my career. Some small, some expensive, some that still make me cringe a little when I think about them. But here’s the thing, I’ve learned way more from those missteps than I ever did when things were smooth sailing. And now, I get to share those lessons with companies and teams across the country. 

Categories