May 23, 2020
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  • SVSU OLLI on Zoom, June 10 at 9:30AM
  • COVID-19 Medicare Special Enrollment Period
  • Stuff no one is talking about: life insurance almost certainly more expensive due to COVID-19
Coming Soon: SVSU June 10
This is NOT going to be the standard "Medicare Info Session." At all.  We will leave that until the autumn. Rather, this will be "Why financial stuff is easier, and more difficult, than you may have believed. For decades."

I answered some reader questions on this YouTube video

Click to watch the video

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I was interviewed for's Retirement Daily
Click Here To Watch The Video
Financial Literacy
What My Ex-Professor (and Fmr Fed Governor) Thinks
Professor Randall Kroszner isn't simply a professor, he has been a former a Governor on the Federal Reserve Board (the Fed).  Here's what he thinks about the economy, "after" COVID-19.

Life Insurance
The only logical conclusion is that every insurance policy will become more difficult to obtain. This video was created prior to COVID-19, and the underwriting will get harder, and interest rates are lower.

Insurance, ALL OF IT, relies on an estimate of the average. Examples:
  • the average life expectancy
  • the average healthcare cost incurred by a policyholder
  • the average failure rate of a refrigerator
BUT NOW, COVID-19 will result in one thing.
  • MORE variability from the average. Let's take a simple example. Let's say that hurricane miss the expected landing spot by 5 miles. However, for some reason, hurricanes change so that hurricanes miss the expected landing spot by 20 miles. It is now riskier, right? The cost of insurance includes the fact that wider variability can be incurred.  
  • Bottom lines: you can expect greater scrutiny on any application that requires health underwriting. 
  • The common takeaway from about 10,000 articles? Control the stuff you can, as soon as you possibly can. If the objective is important to you., and if the cost is manageable within your financial resources, it is best to ask sooner, rather than later. 
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