Lori Friedman

Lori Friedman

1 (949) 3913601

Financial Professional

4001 WESTERLY PLACE
SUITE 106
NEWPORT BEACH, CA 92660

w1 (949) 3913601 m1 (714) 6588998

Schedule a Call

World Financial Group

Tips on Managing Money for Couples

May 15, 2019

Jump To Article

Subscribe to get my Email Newsletter

Do You Believe In These Myths?

September 14, 2018

Do You Believe In These Myths?

Will it kill someone if you throw a penny off the Empire State Building? (Of course not.)

Will sitting too close to the TV ruin your eyesight? (Nah.)

What if you swallow your gum? Will it stay in your stomach for seven years? (You know this one isn’t true, but it sure was a great one to pull on your little brother.)

These are all myths that are easily debunked, but some other common misconceptions – if you believe them – may actually harm your future.

September is Life Insurance Awareness month. So we’ve busted 9 myths about life insurance that many people believe, but which may hold them back from having a solid financial strategy.

Get ready to separate fact from fiction. Watch our video: ’Life Insurance Mythology’.

See how many myths might surprise you!

WFG97461-0918

Breast Cancer Awareness Month: Reduce Your Risk Today

Breast Cancer Awareness Month: Reduce Your Risk Today

All of the info on this blog about reducing your financial risks – tailoring life insurance coverage, managing cashflow, preparing for retirement – is here for you for one reason: your financial wellness is one of the most important things you can have and maintain.

But solid financial “health” is harder to enjoy if your physical health is suffering. It’s like being all dressed up with no place to go!

In fact, 37% of US citizens surveyed said that their physical health was most essential to their financial future – even more essential than happiness (19%), security (19%), peace of mind (16%), and independence (9%).

Research in Canada has uncovered that people who are financially unwell are less likely to engage in physically healthy activities. Only 51% of the financially unwell claimed to be in good health. And to top it off, 60% of the financially unprepared delayed or even avoided medical help completely. But avoiding the doctor when you’re sick is never a good idea.

Many illnesses are easier to treat when they’re caught early – and this month is dedicated to spreading awareness about the most frequently diagnosed cancer in women around the world: breast cancer.

Somewhere in the world, a woman dies from breast cancer – Every. Single. Minute. That adds up to more than 1,400 women per day. And illnesses like cancer do not discriminate: While it’s rare, breast cancer does occur in men, too.

You can’t control all of your risk factors for breast cancer, but there are a few things you can do to reduce your risk:

  • Maintain a healthy weight
  • Exercise at least 4 hours a week
  • Get enough sleep
  • Avoid or limit alcohol to 1 drink per day
  • Limit exposure to carcinogens or chemicals known to cause cancer

Any of these can be started today! And don’t forget: Talking with your doctor about your personal risk factors as well can make a world of difference for you and your loved ones.

Time to Make One More Call

Time to Make One More Call

Even if you already have a life insurance policy, pay your premiums on time, and know it will be there when you need it most, there’s one more thing to keep in mind…

Major life changes.

Think of your life insurance policy as a member of the family – like someone important you update when anything life-changing happens to you!

Regular reviews of your existing life insurance policy can help you keep it updated due to changes like:

  • Getting married or divorced
  • Having a baby
  • Buying a house
  • Heading to college (you or your kids!)

September is Life Insurance Awareness Month. What an ideal time for us to meet up and review your current policy – and see how you can make the most of it!

I have some ideas to share about how you can make the most of your existing policy – and what to add to reflect how your life has changed!

Contact me today. Let’s get together to review where you stand.


WFG1884590-0817

Don't Bet a Dollar Over!

Don't Bet a Dollar Over!

What would you guess a $250,000 term life insurance policy for a healthy 30-year-old man might cost per month?

$30? $300? $3,000?

The median answer from those surveyed was $500 per month

More than 3x the actual cost!

An overestimation that high would lose you the car behind curtain #1. Could you be overestimating your cost for insurance?

September is Life Insurance Awareness Month. It’s an ideal time to see what the real cost of a tailored life insurance policy would be. And it may cost much less than you think!

Don’t bet a dollar over.

I can help. Give me a call, and we can get the ball rolling on the right policy to protect you and your family from unexpected financial hardships.

Odds Are You're Going to Need This

Odds Are You're Going to Need This

If there’s one thing that could pose a serious threat to your retirement fund – and hard-earned independence during your Golden Years – it’s the need for long-term care.

7 out of 10 Americans that one spouse will need long-term care at some point.

In Canada, living in a long-term care facility can cost more than $5,000 per month. That’s $92,376 a year!

When you factor in the cost of doctor visits, medical procedures, prescriptions, etc., that number is going to keeping climbing.

If your need for long-term care comes after you retire, that financial burden could fall onto your loved ones.

The right life insurance coverage has the potential to keep you living well and independently. Long-term care as a part of a tailored life insurance strategy is a great way to protect your retirement funds – and keep your loved ones’ finances protected, too.

I can help. Contact me today, and together we can explore your options for long-term care – and do what we can to help keep those Golden Years golden.

Here's an Eyebrow Raiser...

Here's an Eyebrow Raiser...

The key word in ‘Life Insurance Awareness Month’? Life.

If your family’s quality of life were suddenly threatened, you’d step in, wouldn’t you? Of course you would!

Having a well-thought-out, tailored-to-you life insurance policy is a way to preemptively and proactively protect your family’s quality of life.

Here’s an eyebrow raiser: 71% of people surveyed agree that they need life insurance, but only 59% have coverage!

Here’s an eyebrow lowerer: Life insurance can be thought of as a financial safety net. One that gives your family the time and space to recover and rebuild in the event of trying financial circumstances.

Odds are, you already think life insurance is a good idea. But waiting until tragedy or a sudden loss of income strikes is waiting too long to consider the benefits of life insurance.

Give me a call or shoot me an email, and together we can take your unique circumstances into consideration and put together a life insurance policy that fits your needs.