Rob Haynie, a 30-year veteran of the life settlement industry, shares how retirees can get substantial value from unwanted life insurance policies instead of surrendering them or letting them lapse. He explains the process of selling policies to investors who offer competitive bids, often resulting in payouts significantly higher than surrender values.

• Approximately 90% of life insurance policies lapse or surrender, leaving potential value unclaimed
• Universal life policies are most commonly settled, followed by term policies approaching conversion deadlines
• Life settlements can be a better option than surrendering policies, especially when premiums become burdensome
• Tax implications include ordinary income tax on surrender value and capital gains tax on amounts above that
• People with terminal illnesses (under 24 months life expectancy) may receive tax-free proceeds through viatical settlements
• "Retained death benefit" option allows policyholders to keep a percentage of death benefit without paying premiums
• The industry is now regulated in 45 states with consumer protections including a 15-day rescission period
• Institutional investors value life insurance policies as uncorrelated assets unaffected by market fluctuations

To learn more about life settlements, contact Rob Haynie at [email protected], call 954-599-4433, or visit www.lisettlements.com.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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To get the full RFL experience, watch the episode here at https://youtu.be/J97GI2wbU0I

This episode explores the critical question of whether or not you truly need a financial advisor. We examine the common misconceptions surrounding financial advisors and highlight the distinct advantages they provide in retirement planning.

• Discussing the frequent question: Do I need a financial advisor? 
• Delving into the potential value that financial advisors add to portfolios 
• Highlighting important elements of financial planning, beyond investments 
• Insights on confidence levels among individuals with significant assets but no advisors 
• Analyzing the significance of tailored financial strategies in achieving retirement stability 
• The broader implications of relying on financial experts versus self-management 

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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Interested in the AIM Retirement System? See if it's a good fit for you → https://aimassessment.com

The Aim Retirement SystemTM has four primary goals…

• Enhance Probability of Retirement Success
• Maximize Your Retirement Income Stream
• Leverage Advanced Tax Reduction Strategies
• Foster Multi-Generational Wealth and Estate Planning

In the AIM Retirement SystemTM you always work with our a team, not just a single advisor.  Our credentials include CFP®, CPA, CFA and CRPC.  

My Name is Christian Cyr.  I am the president of Cyr Financial Wealth Advisors. Since 1999 we’ve specialized in comprehensive retirement planning.  We are registered with the SEC and are fiduciaries. To learn more about us, visit our website at https://CyrWealth.com

My enthusiasm for retirement planning extends beyond client interactions. I very much enjoy sharing my passion for retirement planning with audiences nationwide, including educational videos like this one and my podcast, Retirement For Life https://rflshow.com.  I have been featured on platforms such as Strategic Investor Radio, MSN, Yahoo News, CBS News, and U.S. News and World Report.

#RetirementPlanning #financialplanning #retirementtips #taxplanning #wealthmanagement #Retirement #Investments #Social Security #Estate Planning #Guaranteed Income, #MailboxMoney #Annuities #Annuity #IRA #401k #Rollover #Retirement For Life #Cyr Financial #Taxes #Roth Conversion #Roth IRA

DISCLAIMER ============= 

Since we don’t know your specific situation, none of this information should be construed as tax, legal, financial, insurance, financial advice, or other advice and may be outdated or inaccurate.  Individuals should consult with their dedicated financial planner, tax preparer, estate attorney, etc., before making any financial decisions.

 This video contains content I created. This Channel DOES NOT Promote or encourage any illegal activities; all contents provided by This Channel are meant for EDUCATIONAL AND ENTERTAINMENT purposes only. Cyr Financial Incorporated or its members cannot be held liable for any use or misuse of this content.

Investment advisory services provided by Cyr Financial, Inc. an SEC registered investmen

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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Join us as we tackle the volatile financial forecasts of 2025, promising to arm you with the knowledge you need to navigate uncertain waters. With insights from special guests Emma and Andrea, we scrutinize the potential market turbulence and debate the realism of Elon Musk's audacious plan to cut $2 trillion from the federal budget. Our discussion not only forecasts financial futures but also highlights the importance of preparedness in retirement planning amidst economic unpredictability. 

San Francisco’s downtown crisis is unraveling, and we're here to expose the alarming exodus of retailers from Union Square. Rising crime, dwindling law enforcement, and the shocking stories shared by figures like Elon Musk illustrate a city grappling with staggering challenges. Amidst job losses and escalating homelessness, we explore San Francisco’s struggle and the bold initiatives of newly elected mayor Daniel Lurie, whose ambitious plans might just be what the city needs to turn the tide.

Our conversation unfolds into the complexities of active asset management and the challenges it poses for retirees. With a deep dive into a revealing 20-year study, we highlight the rarity of active managers outperforming market benchmarks. Emma, Andrea, and I stress the invaluable strategies of comprehensive retirement planning, emphasizing income stability, tax, and estate planning over the lure of short-term market predictions. Prepare to walk away with a robust plan for securing a confident and comfortable retirement.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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Prepare for an exciting yet cautious 2025 with insights on market predictions, political influences, and critical strategies for retirees. Focusing on income security, taxes, and estate planning can help ensure a comfortable retirement amid uncertainty.

• Importance of predicting market trends 
• Political influences on market conditions 
• Trusting financial advisors for effective planning 
• Value of “mailbox money” for income stability 
• Tax strategies including Roth conversions to safeguard assets 
• Necessity of proper estate planning for lasting impact 
• Overall emphasis on proactive planning for retirees

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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To get the full RFL experience, watch the episode here at https://youtu.be/7Dk9wsvwdg8
Your 401k a ticking tax time bomb waiting to explode during your retirement! Join us as we challenge the conventional wisdom of tax-deferred 401k contributions. We dive into the startling reality faced by many retirees—a massive tax liability that could leave you paying more taxes in retirement than you ever did while working. With a compelling story of a couple whose $1.5 million 401k triggers a tax nightmare, Chris reveals how Required Minimum Distributions can become a financial trap. This eye-opening episode urges you to rethink your retirement strategies and consider alternatives that could save you from potential pitfalls.

In another captivating segment, we confront the daunting $2 trillion deficit, weighing the tough choices between raising taxes and slashing spending on programs like Social Security and Medicare. We provide actionable insights for both the young and the seasoned, emphasizing the potential benefits of Roth IRAs and maximizing your employer's 401k match. As we wrap up Episode 25, we celebrate a year of podcasting with gratitude and humor, looking ahead at future episodes with excitement. Join us for this enlightening discussion and come away with strategies that could secure your financial future.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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What if you discovered your retirement plans had a mere 40% chance of success? Join us as we unravel the compelling story of a 61-year-old couple facing this exact predicament. We dive into the intricacies of their financial journey, from the initial daunting forecast to reshaping their strategy into a more secure future. We promise an engaging blend of practical financial wisdom and personal stories, equipping you with tools to master your own retirement planning.

In an episode brimming with actionable insights, we dissect the complexities of the AIM retirement system's extensive planning versus a streamlined, one-page approach. We challenge the conventional wisdom of maintaining an 80% stock market investment, advocating instead for a more balanced 60-40 portfolio. Our discussion illuminates the critical importance of realistic expense assessments, exposing common pitfalls and underscoring the need for accurate financial forecasting. Alongside this, I recount my own journey to becoming a certified financial planner, complete with test day mishaps and the persistence that carried me through. Let us guide you to a successful retirement with stories that are as informative as they are relatable.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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To get the full RFL experience, watch the episode here at https://youtu.be/oCbHSxfOQmM

Unlock the secrets to a truly fulfilling retirement, where happiness and purpose take center stage. Join me, Christian Cyr, CPA as we explore the journey beyond financial security, emphasizing life fulfillment through hobbies, health, and deep social connections. Inspired by Bronnie Ware’s profound insights on living without regrets, we'll reveal how retirees find joy and meaning in this new chapter of life. Hear real stories from those who have embraced authentic living and learn how to prioritize what truly matters in your golden years.

Transitioning into retirement is more than a financial shift; it’s an emotional and psychological evolution. Discover how to navigate this change by engaging in activities that bring genuine happiness and utilizing part-time work for fulfillment. We'll tackle the importance of expressing emotions, cherishing friendships, and living authentically over mere monetary concerns. This episode aims to guide you in crafting a legacy of meaningful interactions, encouraging you to disconnect from technology and cherish precious moments with loved ones. Whether you're on the brink of retirement or seeking more depth in your current journey, this podcast offers valuable insights for a rewarding and intentional retirement.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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To get the full RFL experience, watch the episode here at - https://youtu.be/nWaSSnGjINg

Discover how gardening can transform your retirement with our special guest, Emmy Award-winning gardener Joe Lamp'l, affectionately known as Joe Gardener. This episode promises to enrich your life with insights on how gardening provides both physical health and a sense of purpose. I share personal stories that connect the dots between my passion for drumming and the fulfillment gardening brings, while Joe offers his wealth of expertise, ensuring that whether you're a seasoned gardener or just starting out, you’ll find practical tips to enhance your gardening journey. From the joy a simple desk plant can bring to the unexpected benefits of greening office spaces, we explore how plants can bring tranquility and energy into your life.

Experience the magic of fall and the wisdom of preparing for spring, as we discuss the beauty and practicality of sustainable gardening practices. Childhood memories with fathers in the garden come alive, revealing how these early experiences planted seeds of passion and purpose. We also touch on the happiness boost employees experienced when plants were introduced to the office, leading to a vibrant and more productive work environment. Tune into Joe's various platforms like JoeGardener.com and his Emmy-winning show, "Growing a Greener World," for a treasure trove of gardening content that will inspire and guide you through every season. Whether finding peace in nature or seeking a fulfilling hobby, this episode is your gateway to discovering the profound benefits of gardening.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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To get the full RFL experience, watch the episode here at https://youtu.be/Lbk_mFNS0iY

Uncover the secrets to a fulfilling and transformative retirement journey right here with me, Christian Cyr, as I share heartwarming stories and expert insights from our recent Retirement Gala. Experience the magic of shifting from business acquaintances to lifelong friends, highlighted by the touching tale of Marie, our very first client. Meet Mike, a diligent saver who disliked his job, yet found hope and direction through our AIM Retirement System. His journey exemplifies the powerful impact of meticulous retirement planning and how it can turn dreams into realities.

Discover the keys to living your best retirement life through purpose and connection. I reveal how retirees can thrive on structured yet enjoyable schedules filled with family, friends, and volunteer activities that bring joy and satisfaction. Learn about the importance of organizing your financial life to ease the future for your loved ones. From creating clear financial plans to the crucial role of a financial power of attorney, this episode is packed with practical advice designed to secure a seamless transition for you and your family. Join our community of retirees who are living proof that the golden years can truly be golden.

We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com

• Subscribe to our channel for our latest content visit: Our YouTube Channel
• Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success.
• If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
• Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
• Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool

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