David Fromer - Special Needs Financial Planning

What are your top Financial concerns for your family? I'll give you feedback

Is it Better To Invest Or Pay Off Your mortgage early❓

➡️ Currently, the average mortgage interest rate sits somewhere between 3-5 percent.

➡️ The stock market typically earns an average rate of return of around 7 percent each year, this means you'll likely earn more on the markets than you will by aggressively paying down your mortgage.

In Conclusion: You should only invest before paying the debt if you can earn more on your investment than you'd pay in interest on your debt.

What are your thoughts on this?

Help me, help you! ⤵️

With the virus affecting us, many people are looking for Life Insurance to protect their family and Disability Insurance to protect their Income.👨‍👩‍👧‍👦

I’m in the Life Insurance and Disability Insurance business, and we are currently offering up to 3 Million dollars of Life insurance with No Medical Exam Required⁉️

This has never been offered before, I would strongly recommend taking advantage of it. I’ll help you get coverage by the top companies in the industry.

Can I help you get coverage❓

With the virus affecting the U.S get your things in order and get some life insurance it’s easier than ever and you don’t need to leave your home. We can get cheap term insurance in place for almost everyone over the phone! No medical testing!

If you want me to run a quote for you comment below or message me.

Stay Safe!

Here are 4 reasons to open a high-yield savings account while interest rates are down:

1. "You still earn 15 times or more on your money"

2. "You have specific goals in mind"

3. "When interest rates go back up, you'll see more cash"

4. "You build the habit of saving"

Have questions on where to save your money? Lets discuss!

4 reasons to open a high-yield savings account while interest rates are down A good high-yield savings account will still help you earn more on your money without risking it in the market.

ABLE (Achieving a Better Life Experience) Account:

- ABLE accounts are tax-advantaged savings accounts for people who developed significant disabilities before their 26th birthday.

- ABLE accounts are similar to 529 education accounts, and they are administered state-by-state, not by the U.S. federal government.

- By saving money in an ABLE account, individuals are able to maintain eligibility for government programs like SSI and Medicaid.

If you have any questions about ABLE accounts, let's discuss!

What Is an ABLE Account? An ABLE account is a tax-advantaged savings account available to individuals who have been diagnosed with significant disabilities before turning 26.

"LifeTown is not about therapy, LifeTown is about life"

Co-founder and CEO of LifeTown Rabbi Zalman Grossbaum reacts in front of a sign displayed in a kitchen in LifeTown, a 53,000-square-foot center dedicated to teaching life skills to children and adults with special needs, in Livingston, New Jersey, U.S.

What Rabbi Grossbaum created is absolutly amazing, and gives children an oppertunity to work on their life skills in a safe setting.

What are your thoughts on LifeTown? Did you take your kid? If so, what was their experience like?

For special-needs kids, New Jersey rabbi offers chance of a 'LifeTown' Looking out of his office window, Rabbi Zalman Grossbaum finds it hard to get wo...

Would it be a good idea to get Mortgage insurance❓

⁉️Mortgage insurance is really nothing more than a life insurance policy with the word "mortgage" stuck on the front. They make it sound like a specialized product, and they jack the price up⁉️

- Dave Ramsey gave great advice. He said...⤵️

➡️My advice is for you to get good, level term life insurance — not just to cover your mortgage — but for 10 to 12 times your annual incomes. You should have plans in place to take care of your family now, and in the future, should something happen"⬅️

✅If you have a mortgage and a family depending on you, Term Life insurance is an affordable means of protection. If you need a quote , i'm your guy⁉️

Dave Ramsey: Term life, not mortgage protection Dear Dave,