Life Planning with Ron Anderson

Ephesians 2:10 also reminds us that we are God’s masterpiece, created to do the good things He planned for us long ago. This is why it’s so vital to live purposefully and intentionally, aligning our lives with God’s plans.

On Today’s Program, Rob Answers Listener Questions:

• I've been contemplating leaving my assets from a soon-to-be-settled divorce to my children, who are in their 20s, and I'm just not sure I'm going to do that. All that said, I am very ill and have been around the world eight times trying to get well. The main question is, with Social Security Disability, how do income and assets affect Social Security Disability?
• I've had a life insurance policy for about 20 years, which will expire when I turn 76 unless I choose to pay a significantly higher premium at age 82. This means I have around five years left on it. I wanted to "cash it in," but when I contacted the company, they informed me that this is not possible with my term life policy. I came across a company called Coventry on TV, which seems to buy life insurance policies and provide cash in return. Can you explain how this works?
• I'm in my early to mid-70s and have a small to medium investment account. I have it securely invested in a G-Fund within my TSP. I'm curious about the market's future, especially since it's at an all-time high and has performed well this year. Given that it's an election year, and I haven't researched historical trends during such times, do you think the market will continue to rise? I'm considering converting a significant portion of my G-Fund to the C-Fund, which tracks the S&P 500. What is your outlook on the S&P 500 for the rest of the year?
• A few months ago, my mom passed away, and I was initially told I needed to go to probate court. At the courthouse, I was given a list of documents to bring, including the title to my mom's house and property. After reviewing these documents for a few minutes, the probate office informed me that I have a life estate, so probate isn't necessary, which contradicts their earlier statement. They mentioned it needed rights of survivorship, which it didn't have. I'm now confused about whether I need to go to probate or not.
• A few months ago, I heard about Social Security benefits for those in their 60s. I visited the Social Security office last week and asked why the surviving spouse seems penalized after a spouse's death. I feel like I'm losing my benefits despite working for them, as I can only take survivor benefits if my husband passes before me. The representative couldn't explain the reasoning. How can I advocate for a change to this rule, as its purpose is unclear to me?

Resources Mentioned:

• Plan A Wealth Management
• Rich Toward God: A Study on the Parable of the Rich Fool
• Find a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)
• FaithFi App