Lisa Sakai, Financial Consultant and co-founder of One Vision Retirement, shares her two biggest tips to getting your future financials in order.Hear Lisa's full interview in Episode 47 of Let's Talk Legacy.
Full Episode
You know, Southwestern Legacy Insurance Group and this show presented by our company. Tell us a little bit how life insurance and final expense coverage specifically plays a role into people's financial wellness, especially if they do something like whole life, accomplishing two goals with it. And then it's an investment as well as protecting the ones you love.
Yeah. I'll even throw another component in there as well, which is long term care planning, which it can be a huge part of legacy planning because it's protecting your legacy as well. So, um. It plays a huge part. I always say what, you know, I talk a lot to people about what do you want to do in life? But one of the questions I ask is, what do you want to leave behind?
I work a lot with families, but I also have a specialization in working with women who don't have kids because I'm married, but I don't have children. I've chosen not to. And so I understand that kind of world and what they're trying to do. And so legacy planning is huge for them too, because what are we doing with this money? What kind of impact do we want to make with the money that we have?
And so insurance can be a huge part of it. A, it's hard to get money available when a loved one passes. So if a loved one passes and It's not like you can just call up their broker and say, hey, I have the power of attorney. Give me $10,000 so I can start their funeral planning. It's very difficult to do that. You're going through custodians.
You might be calling Fidelity and getting them the death certificate. It's not that easy of a process. And so having just one company to call and say, here's the death certificate. Send me the death benefit moves a lot faster. And so you don't have to come out of pocket necessarily for that.
And your loved one wanted you to use that money and put the rest of their estate for your use, for your growth.
If you were to give two main tips for our listeners on how to be better with their one vision of financial, what would be your two main tips?
The first one is to really think about your life mission. What are we trying to do? You know, are we trying to, like I said, are we trying to retire early? Are we trying to take as many vacations and have as much time with family as possible? Are we trying to just live a happy, healthy life, work till 65? Like we need to kind of know what we're trying to accomplish. It's really hard.
Most of us are, you know, and this is another one that you've probably heard a million times, we get in the car and if we don't know where we're going, there's no journey, right? Because you don't know where you're going. We go through life just kind of not having a vision of what we want.
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