Sherpa Wealth Strategies Financial Planner in Bend, Oregon

Life Insurance & Annuities

No financial plan is complete without a thorough analysis of your need to protect your family’s financial future. At Sherpa Wealth Strategies, we will assess your current risks and recommend appropriate life insurance and annuity options.

A few of the common scenarios we help our clients with are:

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Helping business owners and highly-compensated executives create large life insurance cash values they can access tax-free at any time, but primarily for retirement

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Helping high net worth families, especially those with large illiquid assets like ranches or closely-held businesses, purchase enough permanent life insurance to provide cash to pay estate taxes or keep a business afloat after the death of the founder

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Helping young families secure term life insurance to provide the most protection for the least amount of money

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Referring clients to professionals who can help them secure adequate health insurance or Medicare supplemental insurance

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Referring clients to professionals who can help them optimize their property-casualty coverage

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Helping plan for long-term care expenses for themselves or their loved ones

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Helping retirees create insured streams of income with annuities

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Helping business partners properly fund buy-sell agreements

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Helping business owners protect against the death of a key employee

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Helping professionals protect their largest asset, the ability to turn their advanced educations into a high income for their families, should they become disabled

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Helping parents plan for the care of a special needs child after they are gone

^

Helping business owners and highly-compensated executives create large life insurance cash values they can access tax-free at any time, but primarily for retirement

^

Helping young families secure term life insurance to provide the most protection for the least amount of money

^

Referring clients to professionals who can help them secure adequate health insurance or Medicare supplemental insurance

^

Helping high net worth families, especially those with large illiquid assets like ranches or closely-held businesses, purchase enough permanent life insurance to provide cash to pay estate taxes or keep a business afloat after the death of the founder

^

Helping plan for long-term care expenses for themselves or their loved ones

^

Helping retirees create insured streams of income with annuities

^

Referring clients to professionals who can help them optimize their property-casualty coverage

^

Helping business partners properly fund buy-sell agreements

^

Helping business owners protect against the death of a key employee

^

Helping professionals protect their largest asset, the ability to turn their advanced educations into a high income for their families, should they become disabled

^

Helping parents plan for the care of a special needs child after they are gone

Are annuities right for you?

An annuity is a contract with an insurance company. There are several different types of annuity contracts. Some allow you to accumulate funds in a tax-sheltered environment. Some allow you to invest your funds in the stock market. Other pay a fixed rate of interest. Some provide a guaranteed income payment at some future date and some start paying income immediately. The income payments can be guaranteed for a period of years or even for the rest of your life.

Annuities can be complicated and expensive, but they don’t have to be. Our job is to help you understand whether an annuity might be a good choice for you, and to help you sort through all the options. If you already own an annuity, we can analyze your contract to see if the benefits and expenses are still competitive with current offerings on the market.

**Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.**

Learn from our advisors.