Thursday, May 28, 2020

How to Find a Senior Financial Advisor

Brad Liebe is a motivational speaker specializing in helping people set goals, simplify their lives, and establish intentional growth. In addition, Brad Liebe is the owner of KK&B Financial Services for Seniors. At KK&B, he advises and counsels seniors about fiscal responsibility and offers an array of products, including life insurance and Medicare supplemental insurance.

A financial advisor is a huge advantage for seniors, especially those who haven’t previously focused too much on their finances. To find the right one for you, start by checking industry databases such as the Financial Planning Association and the National Association of Personal Financial Advisors. These can be an important resource for learning about what criteria to look for in a financial advisor.

Also, make sure they specialize in working with seniors. Not every financial advisor has the skill set to cater to the aging population, and finding one with experience in the area is crucial.

Before you start searching, do some preliminary research on your own about what financial services and products you might need. Then find an advisor who is well-versed in products such as asset-based long-term care and services such as estate planning.

And, of course, you should always try to meet your financial advisor in person. When you’ve found a few potential advisors, set up an appointment with at least two to discuss your priorities and plans before deciding whom to work with.

Saturday, April 18, 2020

Playing the Old Course at St. Andrews Links

Tuesday, April 7, 2020

Management Practices that Boost Employee Performance

Business leader Brad Liebe is the owner of KK and B Financial Services for Seniors. A speaker and corporate consultant on strategic planning and management training, Brad Liebe works with company executives in various industries, helping them reach their full potential.

A company’s most important resource is its people. To achieve peak potential, it must optimize employee performance. Here are three management practices that do just that:

1. Support for employees’ growth. This can take various forms. For example, management can delegate important roles to employees helping them acquire additional skills, then once employees are done with the work, managers provide constructive feedback. Management can also extend leadership training beyond the executive-level to middle management and supervisors, ensuring those at the grassroots, who need the most training and development assistance, get it.

2. Open communication with employees. Open communication should be respectful and professional. When executives go out of their way to check on their employees, making sure they feel supported, employees are far less likely to burn out. This benefits the company in other ways. For example, executives who are more engaged with their employees can better address internal concerns and predict future turnover.

3. Effective reward mechanisms. This can take the form of monetary rewards tied to company-wide earnings targets or recognition in front of peers. Some studies have shown that recognition is a way more effective motivator than money.

Monday, March 30, 2020

Medigap and Florida Supplemental Insurance

Financial consultant Brad Liebe is the owner of KK and B Financial Services for Seniors in Fort Myers, Florida. In his role as a financial consultant, Brad Liebe assists his clients with choosing financial products that can help them prepare for retirement, one of which is supplemental insurance. Medigap, as it is more commonly called, is supplemental insurance purchased through private insurance companies.

Medigap is intended to fill gaps that are not paid through Medicare. In addition to extra costs for services and supplies, Medigap can pay for co-pays, co-insurance, and deductibles. Depending on the policy, some provide for coverage for things that Medicare does not cover, for example for medical care for when traveling outside the US.

For a person to participate in a Medigap plan, they must first have Part A and B of Medicare. Moreover, Medigap is not the same as Medicare Advantage, and it is not legal to sell a person a Medigap plan if they have a Medicare Advantage plan. The monthly premium is paid alongside the premium paid for Part B of Medicare, and the policy covers one person.

Other guidelines provide stipulations for covered expenses. For example, a person can renew their policy, even if they have health issues. Moreover, some plans cover prescription drugs, but many plans that were created after January 1, 2006, do not include this coverage. Instead, the person can join the Medicare Prescription Drug Plan D.

In Florida, the plans are similar to those of 47 other states in the country. Participants can enroll in plans with designated letters A, B, C, D, F, G, K, L, M, and N, and regardless of where they get their care in the state, the benefits are standard across the state. Open enrollment begins the day a person reaches 65 or older, and a person cannot be denied coverage for pre-existing conditions.

Wednesday, March 25, 2020

Municipal Bonds - A Tax-Free Stream of Income

Brad Liebe, the owner of KK and B Financial Services for Seniors, assists his clients with all matters related to wealth management. As a financial consultant, Brad Liebe also provides seminars on several topics, including creating tax-free income streams.

One tax-free income stream is the municipal bond. Municipal bonds are often called the triple-tax-free bond because they are exempt from federal, state, and city taxes. The state, county, or city issue these bonds, and the revenue is used to fund public goods or services (i.e. roads and schools).

Consumers benefit from utilizing municipal bonds in a few ways. The issuing tax authority backs the bonds in good faith and credit. The revenue generated from the bonds is not taxed, hence the label tax-free income. Moreover, while the yield of the bond is a little bit lower than other investment types, they are a relatively safe way to invest money in a diversified portfolio.

However, as with all investments, there are a few catches. For one, some bonds might not be exempt from some taxes. Then, there is the alternative minimum tax, a tax that prevents certain types of tax deductions and shelters. Those considering investing in municipal bonds should research the return amount and applicable taxes to determine if municipal bond investing is worthwhile.

Tuesday, July 9, 2019

Venison for Thanksgiving?

Monday, April 22, 2019

Managing Public Speaking Anxiety

Brad Liebe, the owner of KK&B Financial Services, helps clients identify their financial goals and obtain various retirement products. He provides financial information through one-on-one consultations and group seminars. Skilled in public speaking, Brad Liebe presented motivational seminars with Rick Olson Seminars for several years.

Regardless of how skilled you are at public speaking, there will always be situations that make you feel nervous. Fortunately, this anxiety is manageable.

One way to manage public speaking anxiety is by being well-prepared for your speech. If you can, choose a topic that interests you, or present the topic in a way that excites you. By being enthusiastic, you’ll interest your audience in your speech.

Another way to manage anxiety is by changing the way you think about public speaking. Don’t expect perfection from yourself, and recognize that everyone makes mistakes. Focusing on mistakes magnifies your imperfections in your mind and makes you even more nervous about exposing them to an audience. 

In addition, you should not equate public speaking with your self-worth. Public speaking is only a small part of your life and has little or no impact on the way others see you in other aspects of your life.

Finally, prepare a dialogue instead of a monologue. Dialogues are better for speeches because they engage the audience and grant you opportunities for small breaks. These breaks can give you a chance to take a drink of water, take a deep breath, or get your anxiety under control before you continue.