Surviving a Financial Hurricane
By Jack B. Weinstock, CLTC 

     You have worked hard to build wealth and secure your family’s future. Your financial advisor assures you that you have enough money to last you and your family throughout your retirement years. You were smart enough to plan for up and down markets; you’ve hedged and prepared. What a great feeling!    

     Have you imagined the consequences of a financial hurricane ripping through your retirement assets over a few years? No, I am not talking about a down market; I’m talking about a financial hurricane…an unplanned financial event that leaves you exposed where you were certain you had planned carefully.   

     We all agree you have built enough assets to produce an income to outlive your retirement. Is there enough income for your retirement if you lose your assets? Will you be in a position in the future to recreate your income producing assets?  

     You may think I am talking in riddles. Income pays for your lifestyle and your assets secure your income. If your plan does not enable your income to pay for catastrophic events, then your assets will be compromised. 

     I can assist you in being prepared for a financial “Katrina” to hit; the one you rarely see coming before it’s on your doorstep and threatening everything you’ve built. Be proactive and make all the proper adjustments to assure you always feel safe; and, review your strategies regularly to keep-up with the changes in your life. 

     I work with clients that were frustrated not knowing if their financial strategies will work as planned. As a result of using a proven process, which minimizes their risk, maximizes their ability to grow, reduces their tax liabilities and secures their legacy through an array of world class insurance products; my clients discover a new way to feel confident of their success.  

     Let’s schedule a time for you and me to have a conversation to review your present plan. You may find that financial hurricanes will blow right by you or you may have me suggest ways to help create and implement additional strategies to off-set destructive and disruptive financial hurricanes from destroying your hard earned assets. Don’t you owe it to yourself and your family to make sure you have boarded up all the windows? 

I look forward to hearing from you. 

All my best,

Jack Weinstock 

Professional Experience:

     Before Jack Weinstock can speak intelligently about the services that might be appropriate for you, your family and your business, he needs to get to know you. And before you can feel comfortable sharing your goals and dreams, you need to get to know him. 

     Jack Weinstock has been serving his clients since January 3, 2000. He has served as long-term care specialist, individual disability income specialist and group disability specialist for his previous insurance agency and the Northwestern Mutual Financial Network. He has been licensed in 11 states and the District of Columbia. He has his CLTC designation. He has received numerous company awards locally, regionally and nationally as a member of the Northwestern Mutual Financial Network. He also received the National Quality Award for 2008, 2009 and 2010 while still working with the Northwestern Mutual Financial Network. Jack enjoys meeting new people and helping them to achieve financial security. 

     Prior to entering the insurance industry and joining the Northwestern Mutual Financial Network, Jack owned two direct mail companies for three years. Jack was also a Lighting Designer, Lighting Director and Electrician for over twelve years working on the road for concert tours, videos, corporate shows, television and movies. As a prior business owner and entrepreneur, he can relate to the worry and stress that a business owner goes through. Jack enjoys the sense of security that he can help create so a business is protected. He also has learned the value of team work and brought that to his insurance and Northwestern Mutual Financial Network career and has stepped it up even further since leaving the Northwestern Mutual Financial Network in search of more flexibility for his clients. Through team work, Jack and his vast contact list of professionals, with their knowledge of insurance and investments, use various financial solutions to bring value to his clients. 

     In addition to helping his clients, Jack enjoys meeting new people. He sees the value in creating relationship through introductions and the value that it brings to everyone involved. For this reason, he has created a very successful networking group called “Serendipity”. 

     Lastly, Jack enjoys meeting with people socially and playing some golf every Friday afternoon; and, look for him on the beach on the weekends, playing volley ball and during the week at the local watering hole, not drinking, but swimming at least a mile and enjoying a Jacuzzi. Each of those activities is important to help Jack unwind so he can be at his best for his clients during the week. 

Areas of Expertise: 

Here are Jack’s areas of expertise, which he will use to provide you with customized recommendations and/or introductions that will help you plan for your financial future. 

• Personal Needs Analysis
  Financial security is often a major objective in each of our lives. How financial security is defined varies from family to family and individual to individual. Through a personal needs analysis, Jack will let you know where you stand relative to where you want to be, and identify specific solutions that can help make your goals a reality.
• Business Needs Analysis
  Business owners have special needs. Jack can help you anticipate those needs--whether they are executive bonus plans to attract and retain key executives, or insurance to protect you and your partners in the event of death or disability. Jack will work in cooperation with a team of specialists, including your own advisors, to help you develop a strategy that will accomplish your specific financial objectives.
• Estate Analysis
  You work your entire life to build your estate. You should have control over what happens to it upon your death. Building a lasting legacy takes more than simply accumulating a large portfolio. You need a solution that remains flexible enough to allow you to maintain maximum control of your assets and enjoy them during your lifetime, while you prepare for the efficient transfer of those assets after you die.
• Retirement Solutions
  Longer life expectancies and early retirements make sound insurance and investment choices essential. Jack will help you prepare to enter your retirement years. With an increasing number of choices and ever-changing tax laws, Jack has positioned himself with access to financial advisors and specialists he can call upon for recommendations and assistance along with all his own personal specialties and experience. This also includes, Pension plans, 401(k) and 403(b) plans, IRAs, Roth IRAs, mutual funds and annuities, as well as variable and portfolio-based life insurance are just some of the alternatives available to you.
• Business Succession
  What will happen to your business when you retire, or if you become permanently disabled or die? What's the value of your business, and how much is each owner's share worth? As a business owner, you know how many years you have invested in your business. Wanting it to continue is natural. Because Jack specializes in business succession planning, he can help you answer these and other questions. Together we can develop a plan to help ensure a smooth transfer of your business.
• Risk Management
  Assets that take years to accumulate can be consumed in a fraction of the time after a breadwinner dies or when an individual requires specialized care on an extended basis. Whether you are looking for temporary protection, lifelong protection, an efficient transfer of assets through your estate, or cash value accumulation, Jack’s expertise in providing risk management solutions can help create a protection plan to fit your needs.
• Long-Term Care Insurance
  Long-Term Care insurance provides benefits in the event of a long-term illness or injury. Owning a long-term care insurance policy also provides you choices in deciding where or how you receive care. Let Jack help you prepare for this situation with long-term care insurance and/or a simple plan that you feel comfortable implementing.
• Disability Income Insurance
  Disability insurance protects one of your most valuable assets, your ability to earn an income. A disability could suspend or terminate your income for an extended period of time. It may force you to close your business. With Jack’s expertise in disability insurance, he is able to recommend disability insurance products that will meet your needs.
• Executive Benefits
  Your business may well depend on the critical contributions of a few executives. Executive benefit products are designed to retain key employees using innovative funding solutions. Because Jack specializes in executive benefits, you can trust that you'll receive world-class, customized solutions for your business situation.
• Wealth Accumulation
  There are many financial vehicles into which portions of your income can flow. Picking the right combination is critical to wealth accumulation. Together, we can identify your financial goals, identify and provide specific risk protection solututions and identify wealth accumulation solutions.
• Variable Products
  If you are interested in variable products that allow you to direct your invested assets into a wide range of investment funds, Jack can assist you in working with a number of his contacts to make variable annuities and variable life insurance available to you.
• Investment Services
  Without a coordinated investment strategy, it can be difficult to build an effective investment portfolio that helps meet your financial needs. Jack can introduce you to a wide range of investment products and services through some of the contacts he and you may feel are appropriate to develop investment solutions aimed at meeting your financial objectives.
• Education Funding
  With the cost of higher education rising faster than the rate of inflation, many families wonder how to prepare for this expense. Jack has specialized in education funding and through some of his contacts can introduce and help you explore the best possible alternatives for saving the money you need to send your children to college.