Kraig Strom, The Income Engineer Kraig Strom

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans.  Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans.  Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.
 
Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey.  Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs. 
 
Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.
 

Hi there, and welcome to my channel and this video on final expense burial plans. If you're watching this, you're probably looking for information on how to plan for your own final expenses, or perhaps you're helping a loved one make these important decisions. Before we dive into the different options for paying for final expenses, it's important to understand that the cost of burial and cremation in the United States has been steadily increasing over the years.
According to the National Funeral Directors Association, the median cost of a funeral with viewing and burial in 2020 was $9,000, while the median cost of a cremation with a memorial service was $6,000. And those costs are only expected to rise in the future.
Listen full episode for complete detail.

It's that time of year again - college admission season! But with the high cost of tuition, it can be a stressful time for families. In 1990, the average tuition cost for a 4-year public college was around $3,190. Fast forward to today, and that number has risen to over $10,000. That's why it's important to take advantage of all the resources available to you. One key step is completing the free application for student aid (FAFSA) and the CSS profile.
 
These forms can help determine your expected family contribution and make you eligible for financial aid. Proper financial planning is also crucial in minimizing your expected family contribution. It's important to note that certain assets, like retirement accounts and primary residence, are not reported on the FAFSA. However, assets like cash and savings accounts should be reported accurately.

The financial stress of losing a loved one can also have a significant psychological impact on children. Several studies have shown that children who grow up in financially difficult times after the loss of a parent may experience psychological and emotional difficulties. One study, published in the Journal of Child Psychology and Psychiatry, found that children who lose a parent to death are at an increased risk for developing mental health disorders, such as depression and post-traumatic stress disorder (PTSD).
These children were also found to be more likely to experience difficulty in forming healthy relationships and achieving academic and career success.
Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning? Send me an email to kraig@kraigstrom.com. I am always willing to see if i can Help!

Got questions about maximizing your retirement income, saving for retirement, life insurance, or estate planning?
Send me an email to kraig@kraigstrom.com. I am always willing to see if i can Help!