Articles for Our Clients
Welcome to Pacific Advisors
This site is designed with you in mind and contains articles in five categories related to wealth.
Protection
The articles in the Protection section of our library are to help you anticipate these issues, evolving your financial strategies to keep up with your life. So you have the strong foundation you need to continue moving forward.
Assets
The articles in the Assets section of our library are to help you orient, think, and care for your assets to further your financial strategies. The assets you have, and the assets you accumulate are the opportunity for Lasting Situations of Wealth™.
Liabilities
The articles in the Liabilities section of our library are to help you orient, think, and care for your liabilities that will ultimately affect your financial net-worth. Opportunities are created by some liabilities, obligations come with all liabilities, and threats can emerge with others. Learn how to recognize the differences to further your financial strategy.
Cash Flow
Each decision you make brings new goals and new financial challenges on your cash flow position. The articles in the Cash Flow section of our library are to help you anticipate these issues, evolving your financial strategies to keep up with your life. So you have the strong foundation you need to continue moving forward.
Philosophy
We provide this selection of articles to help you refine your own financial and lifestyle philosophy
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May 8, 2012
The following two paragraphs opened an April 11, 2012, article from Reuters:
People worldwide are living three years longer than expected on average, pushing up costs of aging by 50 percent, and governments and pension funds are ill-prepared, the International Monetary Fund said.
Already the cost of caring for aging baby boomers is beginning to strain government budgets, particularly in advanced...
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April 17, 2012
When Prudential Financial announced on March 7, 2012 that the company would stop taking applications for individual long-term care insurance on March 30, the news meant that 10 of the top 20 long-term care insurance companies by sales had left the market in the past five years, according to a March 10, 2012 Wall Street Journal article. The insurance companies will continue to pay long-term care...
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May 8, 2012
When three tickets matched all six numbers in the Friday, March 30, 2012, Mega Millions lottery drawing, the winners were faced with a wonderful dilemma: How to receive their portion of the record $656 million jackpot?
A little background: The announced Mega Millions jackpot is based on the cumulative value of 26 years of annual payments. Instead of annual payments, winners also have the option...
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April 17, 2012
“Will your retirement income last as long as you do?” – 2011 TIAA-CREF bulletin“Retirement: Make your savings last as long as you do” – USA Today, December 12, 2011“Make your nest egg last as long as you do” – Financial Finesse, October 12, 2011
What is this retirement voodoo that “lasts as long as you do?”
Retirement planning is a relatively new financial activity, one that has really only...
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May 8, 2012
One of the challenges in buying life insurance is that purchasers are making a financial decision regarding an unknown future event which could occur as soon as tomorrow or 50 or 60 years in the future.
Since the particulars of life are constantly changing, the odds are high that many of today’s financial decisions will be modified at a later date. In this constantly changing environment, how...
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April 17, 2012
At first glance, especially from a distance, some arrangements may seem quite attractive. But when a fuller understanding is acquired, the same situation is not viewed so favorably. This is the theme embodied in The Sword of Damocles, a fable commonly recounted in ancient Greek and Roman literature.
According to the story, Dionysius II was a fourth century B.C. ruler over Syracuse, a Greek...
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May 8, 2012
When you don’t have the money to buy something, you either borrow or you do without. So what are the factors that determine whether it’s best to borrow or do without?
Through the history of finance, the consensus has been that borrowing to increase wealth is a worthwhile endeavor, while borrowing for leisure or consumption is unwise. The basic assumption behind “good borrowing” is that the...
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March 16, 2012
A will is written statement made by an individual that directs the distribution of his/her property at death. A legal will is a fundamental financial document that is relevant for almost every adult, and for most people it is relatively easy to complete. Yet a December 2009 survey by Harris Interactive found that only 35% of adult Americans have a will.
The primary reason given for not executing...
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April 17, 2012
3.87% vs. 3.13%30-year Fixed Mortgage vs. 15-year Fixed Mortgage
According to recent data from Freddie Mac, the federally-sponsored mortgage lending corporation, the average rate for a 30-year fixed mortgage dropped to a record-low 3.87% in February 2012. Rates for a 15-year fixed mortgage hit bottom in early March at 3.13%. Since then, the numbers have spiked slightly, causing some...
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March 9, 2012
Maybe it’s the current political climate, including the national election process, which seems to emphasize how politicians have supposedly ruined the economy and oppressed all but the one percent. Or maybe it’s the tendency of the news media to highlight stories about unemployment, foreclosures, European national economies on the brink, armed conflict and terrorism in the Middle East, and the...
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