Plans do not usually fail because the investments disappointed. They fail because something happened at the wrong moment and the only way to pay for it was to sell the plan. Liquidity and coverage are what stop a bad year from becoming a permanent setback.
Most households carry coverage nobody has read since it was bought. Some of it is redundant, some of it has a gap in the middle, and no one selling it had a reason to say so.
Cash that is deliberately boring, sized to your actual obligations. Its job is to be available in the year you would otherwise be forced to sell investments at the worst possible time.
For most people under retirement age, future earnings are the largest asset on the balance sheet, and the least often insured deliberately.
Irregular income, bonus cycles, tuition, a parent needing help. A plan built on a tidy monthly average tends to meet reality badly.
We are fee-only. If a policy is genuinely worth having, you buy it somewhere else and we are paid exactly the same as if you had not.
That sentence costs a commissioned salesperson money. It costs us nothing, which is the entire point.
Coverage bought for one stage of life frequently outlives its usefulness and keeps billing.
Cannon Capital Management, Inc. is a Registered Investment Adviser. This page is for informational purposes and is not investment, tax, or legal advice. Nothing here is a recommendation for your situation, which we would need to know before making one.
The first strategy session is complimentary, and there is nothing to buy in it. See what to bring, or just bring the question that brought you here.