The Importance of Protecting Your Income

    | October 29, 2021

    Your career is important to you. Not just because of the sense of fulfillment it can provide, but because your career is how you fund your current and future lifestyle.

    It’s important to have a plan in place to protect your income in the event of a short-term or long-term disability. Simply put, having a way to replace lost income can help ensure your long-term financial strategy stays safely on track, regardless of what happens. In this video, Trever Helmstead explains how disability insurance can give you an additional layer of financial security.

    Protection Video - protecting your income

     

     

     


     

    All opinions expressed in this article are for general informational purposes and constitute the judgment of the author(s) as of the date of the report. These opinions are subject to change without notice and are not intended to provide specific advice or recommendations for any individual or on any specific security. Telemus does not provide tax or legal advice, and nothing in these materials should be taken as such.  The material has been gathered from sources believed to be reliable, however Telemus Capital cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.

    Trever has been a member of the Telemus team since 2019. As a Financial Life Advisor, he helps his clients by breaking down big picture planning strategies into manageable and achievable goals. Trever has deep experience working in a variety of financial markets to help his clients navigate uncertain waters and execute their financial life plans. He focuses on emerging affluent and established wealthy clients and families to help them achieve their financial goals.

    Trever Helmstead, CFA, CFP® thelmstead@telemus.com
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