Mages Insurance Group LLC

Life - Health - Long Term Care - Annuities - Disability - Retirement

Mission: Protecting Assets - Insuring the Legacy of your Lifetime

A wonderful time getting together with our preferred partners at United Life Insurance!!! United Life takes such good care of our clients as such we truly value this relationship. We are excited to share with you the new product offerings United has in the works for late 2019 and early 2020.

We are Ship·shape on our long term care and life insurance planning knowledge. Had the most fantastic meeting environment aboard the Norwegian Cruise Ship - Bliss. Thanks to our valued partners at The Sunderland Group. What a week!

/ˈSHipˌSHāp/

adjective

adjective: ship-shape

in good order; trim and neat.

"he checked that everything was shipshape"

synonyms:neat and tidy, orderly, well ordered, in (good) order, well kept, spick and span, in apple-pie order, as neat as a new pin, immaculate, uncluttered, straight, trim😉

[04/28/19]   Spring is in the air as it's time for new beginnings. Have a wonderful Sunday everyone!

keyc.com

Farm Income Hits 23-Year Low

"And healthcare is the main reason for that, with healthcare costs for farmers being $26,000 to $30,000 dollars a year, just to keep the premiums, and as we said, farm income is at about $26,000, those two numbers simply just don't work," said Slunecka.

keyc.com Minnesota farms recorded their lowest median farm income in the past 23 years, based on data tracked by local researchers.

Enjoying the North American Farm & Power Show.. Stop and say hello! FRI - SAT.

bloomberg.com

U.S. National Debt Soars to a Record $22 Trillion

bloomberg.com Charted.

bloomberg.com

U.S. National Debt Soars to a Record $22 Trillion

bloomberg.com Charted.

bloomberg.com

Global Debt of $244 Trillion Nears Record Despite Faster Growth

bloomberg.com The world’s debt pile is hovering near a record at $244 trillion, which is more than three times the size of the global economy, according to an analysis by the Institute of International Finance.

bloomberg.com

Gundlach Warns U.S. Economy Is Floating on ‘an Ocean of Debt’

"People hate to think about bad things happening so they always underestimate their likelihood. They want an authority to tell them how to value things. But they chose this authority not based on FACTS or RESULTS. They chose it because it seems authoritative and familiar."

Irrational exuberance is defined by Investopedia as “unsustainable investor enthusiasm that drives asset prices up to levels that aren’t supported by fundamentals.”

bloomberg.com Jeffrey Gundlach said yet again that the U.S. economy is gorging on debt.

[01/10/19]   You want to insure there's a plan in place to provide for your family? Life Insurance allows us to put a plan in place so that our family doesn't have the burden of finaces on top of having to continue on without us. WE CAN HELP.

insurancenewsnet.com

Life Insurance As A Baby Boomer Estate Planning Tool - InsuranceNewsNet

We can help.

insurancenewsnet.com Life insurance is well-suited to provide liquidity to meet the needs of clients with large estates, making it an important consideration in boomer estate plans.

@ IFC the best crew around. Thanks for the Christmas love Todd, Dave, Dave & Crew.

Happy holidays to all of you!!

whychristmas.com

Why Christmas Celebrated on the 25th December?

It's the most wonderful time of the year🎄

whychristmas.com Why we traditionally celebrate Christmas Day on 25th December and why and when people celebrate Christmas around the world.

NASA Jet Propulsion Laboratory

Amazing the times we are living in. What we know about the universe and beyond is constanlty expanding. Don't be afraid to look beyond what you percieve as normal. You may be surprised to learn there is much you're missing out on!

🚨SPACE NEWS ALERT
Voyager 2 has exited the heliosphere—the protective bubble of particles and magnetic fields created by the Sun—and crossed into interstellar space—the stuff between the stars. https://go.nasa.gov/2Uxod1Z
#AGU18

wsj.com

‘A Man of the Highest Character:’ Praise Pours In for George H.W. Bush

"Ceiling and Visibility Unlimited" Thank you for your service President Bush.

wsj.com Political figures and dignitaries around the world paid tribute on Saturday to George Herbert Walker Bush, America’s 41st president, who died at the age of 94.

bloomberg.com

U.S. Stocks Tumble

bloomberg.com The rally in risk assets sparked by the trade truce fizzled out as investors grew skeptical that the U.S. and China made any meaningful breakthrough. The Treasury yield curve continued to flatten and the dollar reversed losses.

bloomberg.com

The Flattening Yield Curve Just Produced Its First Inversions

Historically this has been an indicator of a looming recession.

bloomberg.com A section of the U.S. Treasuries yield curve just inverted for the first time in more than a decade.

We are thankful for all of you! Have a wonderful Thanksgiving Holiday.

lifehappenspro.org

Your Financial Journey

"Everyone's financial journey looks different. Let's see how we can protect yours."

lifehappenspro.org Everyone's financial journey looks different. Let's see how we can protect yours.

[09/03/18]   We hope you all had a wonderful Labor Day!!!

[08/31/18]   New LIMRA research finds more than one third (35 percent) of all households would feel an adverse financial impact within one month if a primary wage earner died. This September take the time to meet with your insurance & financial planning professional to discover what a properly designed life Insurance plan can not only do to provide for your family in case of death, but how it can help you build tax advantaged wealth during your lifetime!

magesgrp.com

Life Insurance

HOW MUCH LIFE INSURANCE DO YOU NEED?
Providing for your family in the event of your death is a fundamental of risk management. And life insurance benefits that replace your income may be one of the best ways to meet your family’s ongoing financial needs. This calculator is designed to help you estimate the amount of life insurance you would need to produce a sufficient income stream for your family.

magesgrp.com How much life insurance would you need to produce a sufficient income stream for your family?

magesgrp.com

Indexed Annuities: Potential Gain with Some Downside Protection

http://www.magesgrp.com/Indexed-Annuities-Potential-Gain-with-Some-Downside-Protection.c8797.htm

magesgrp.com Indexed annuities offer potential for gain when the market is rising while helping to protect principal during a downturn. But they are not appropriate for every investor.

magesgrp.com

Income for the Long Run

People are living longer during a time when traditional pensions are disappearing and medical expenses continue to climb. We can help.

magesgrp.com A longevity annuity can bring some stability to a retirement strategy by providing a steady income late in life.

Mages Insurance Group LLC

Health care can be one of the most difficult costs to estimate in retirement. Its not unusual for people to assume Medicare will cover everything or nothing, neither assumption is accurate. Understanding Medicare can be challenging for most and its not uncommon for many to make decisions based on hunches and misinformation. This leaves the potential for some uncomfortable surprises ahead. Baby boomers face a growing dilemma: At at time when long-term-care insurers are pulling back coverage, more boomers than ever are recognizing the need to protect retirement assets from potentially devastating costs. Are you informed and prepared for the Rising Cost Of Health Care in Retirement?

magesgrp.com

Long-Term Care Self-Insurance

Health care can be one of the most difficult costs to estimate in retirement. Its not unusual for people to assume Medicare will cover everything or nothing, neither assumption is accurate. Understanding Medicare can be challenging for most and its not uncommon for many to make decisions based on hunches and misinformation. This leaves the potential for some uncomfortable surprises ahead. Baby boomers face a growing dilemma: At at time when long-term-care insurers are pulling back coverage, more boomers than ever are recognizing the need to protect retirement assets from potentially devastating costs. Are you informed and prepared for the Rising Cost Of Health Care in Retirement?

magesgrp.com Will you be able to afford nursing home care?

magesgrp.com

Life Insurance

HOW MUCH LIFE INSURANCE DO YOU NEED?
Providing for your family in the event of your death is a fundamental of risk management. And life insurance benefits that replace your income may be one of the best ways to meet your family’s ongoing financial needs. This calculator is designed to help you estimate the amount of life insurance you would need to produce a sufficient income stream for your family.

magesgrp.com How much life insurance would you need to produce a sufficient income stream for your family?

forbes.com

5 Surprises Of Retirement Income Planning

"When an individual retires after participating in an employer-sponsored retirement plan, the employee normally elects to take a lump-sum distribution (if available) rather than an annuity that would pay a set amount month after month. But most people don’t appreciate how complicated it is to manage withdrawals from a portfolio and create their own retirement income stream.

It requires making investment decisions, asset allocations and choosing how much to withdraw each year without depleting the portfolio. And regardless of how good your decisions are managing your investable assets, there’s no guarantee your money won’t run out. Furthermore, all these decisions may become more difficult with age.

When people have full access to their money, there is also the temptation of spending too much — for all sorts of good reasons — or freaking out when the market is down and selling investments at the wrong time.

Building lifetime income streams can ensure a base level of income that is available to meet critical needs regardless of market conditions. Research also shows that people with more guaranteed income in retirement feel more confident and are happier. Choosing an annuity distribution or buying a commercial annuity can also leave the retiree in a better position to be more aggressive with his or her remaining investable retirement assets.

But in the Retirement Income Literacy Survey, only 48% of people realized that a life annuity is a better choice than a lump sum if one is concerned about having enough money to meet basic expenses in retirement."

forbes.com You may need to rethink some things, these financial experts say.

entrepreneur.com

Why Life Insurance Has to Be Part of Your Wealth-Building Plan

entrepreneur.com Find out why this expert says life insurance isn't a waste of money – it's leverage you need to gain financial freedom.

We had a wonderful time on the beautiful islands of Kauai and Hawaii with our trusted partners at United Life!!! Looking forward to a great 2018!

Merry Christmas and a Healthy, Wealthy 2018!!!

A huge congrats to Owatonna Huskies Football! A season that will be talked about for years to come!

Congratulations Huskies!! Owatonna brought home the title of State Champions last night with a win of 63-26 over Elk River. #OwatonnaPride #OnlyInMn #VisitOwatonna

Some of the many things we are thankful for? All of our wonderful clients of course!!! Enjoy your day!

keyc.com

Foods for Kidz Reaches Millionth Milestone

A wonderful milestone from a generous group of people in Sleepy Eye, MN! 1million meals for kids! Inspiring!

keyc.com Sleepy Eye Area’s Food for Kidz packed their one millionth food item on Sunday at the Sleepy Eye Event Center.

irahelp.com

Rothification? | Ed Slott and Company, LLC

We consistently hear from folks that are frustrated with the taxation of their retirement nest egg. Many wish they had been advised of strategies that allow for more tax advantaged income in retirement. We can help you customize a strategy to allow for favorable tax treatment of your hard earned retirement dollars. Give us a call today!

irahelp.com Rothification is a term that is being tossed around a lot as tax reform takes center stage in Congress. What does Rothification mean? Proposals vary but, basically, it’s the idea of eliminating tax deductions and deferrals for retirement savings and instead mandating after-tax contributions with a p...

investmentnews.com

How to pay for long-term care? Several funding options exist

Retirement planning is a never ending evolution. Industry leaders continue to think outside the box as more efficient & effective options continue to reveal themselves. Is your plan keeping up with the times? Let's take a look.

investmentnews.com Mechanisms for covering the costs include insurance products, Medicaid and self-funding.

minnesotabusiness.com

The Long-term Care Economy: Five Factors for Business

minnesotabusiness.com Aging demographics matter to business. Consumer demands, attitudes and trends unique to the Boomer generation are well established and have become a core area of focus for executives in virtually every sector of the economy. What isn't discussed nearly as often, or at least not as prominently, is th...

nytimes.com

Six Charts That Help Explain the Republican Tax Plan

Interesting proposal.

nytimes.com The proposal lowers rates for individuals and corporations but leaves key elements up to Congress.

Always a pleasure stopping in on our valued partners at Allianz Life. We enjoyed an informative morning seminar discussing retirement income disruptors. Is securing an ever increasing retirement income that you can never outlive something you would like to explore? We can help, let's talk.

Ohio National Financial Services

We can help.

The ultimate “Didn’t see that coming” moment? Meeting the new business partners, who inherited half your company following the death of your founding partner. Find out how a little planning can help you avoid that big surprise.

UFG Insurance

Great organization to do business with! If your looking, you can't go wrong!

More than 20 new jobs posted this month in Marketing, Claims, Underwriting, Surety, Human Resources, Project Management, IT, and Loss Control. See all of our openings and apply online.

U.S. Marine Corps

Thank you.

Memorial Day weekend is for the fallen, and anyone who has ever heard these words.

brainshark.com

The Retirement Savings Dilemma

If you asked a typical Pre-Retiree on the street why they are saving money long term many of them would say “for retirement”. However, if you then said “that's great, can you tell me how retirement income streams work?” hardly anyone would have a good answer. The issue here is that this is the real reason they are saving the money, and how retirement income streams work economically defines how to allocate savings efficiently in pre-retirement. As part of our "Wealth Building Cornerstones" philosophy we provide Pre-Retirees the opportunity to understand how retirement income streams work as the basis for efficient allocation of savings in pre-retirement. A “begin-with-the-purpose-in-mind” approach is imperative here and many people haven't had the opportunity to look at it from this perspective.

MassMutual

We can help.

Transferring wealth is a stage of life.

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Click here to claim your Sponsored Listing.

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Location

Telephone

Address


741 E Main St
Owatonna, MN
55060

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
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