Jeff Gurman

Insurance and Wealth Management strategies for HNW Individuals, Families, Businesses & Retirees

[Jeff Gurman @JeffGurman]

A seven-figure portfolio can still run dry. It happens more often than you would think. 😓

The trap is the illusion of "enough." A big number feels like safety, so the planning stops there. But a portfolio is not a plan, and a long retirement quietly tests it in five ways.

Longevity. Thirty years or more is a long time to fund, and medicine keeps stretching it.

Early splurges. The first decade is often the most expensive. Second homes, helping the kids, lifestyle creep, all at once.

Sequence risk. A bad market early, while you are withdrawing, does lasting damage.

Healthcare and long-term care. Medicare does not cover most of it, and care can run past $100,000 a year. 🏥

And the quiet one: no coordination. Investments, taxes, income, and estate usually get managed as separate buckets. Left uncoordinated, even good decisions start working against each other.

Wealth alone does not guarantee security. A coordinated plan does far more than a big balance ever will. 🛡️

So a question for anyone with a healthy portfolio: is it actually a plan, or just a large number you are hoping is enough? 🤔

#RetirementPlanning #WealthManagement #RetirementIncome #TaxPlanning #EstatePlanning #JeffGurman #GurmanWealthManagement #FinancialPlanning

[Jeff Gurman @JeffGurman]

$9.99. $14.99. $4.99. 💸

Not one of those numbers will ever scare you. That is precisely the problem.

Nobody derails a financial plan on a streaming subscription. What happens is quieter. The meditation app you opened twice. The language tool that got as far as teaching you how to say "the apple is red." One niche streaming service you signed up for to watch a single documentary, eighteen months ago.

Individually, all harmless. Together, they are a car payment. 🚗

The fix is not an afternoon on hold with customer service. It is three habits.

1. Pull three months of transactions and highlight anything that repeats every 30 days. If you have not used it in the last month, cancel it. ✂️

2. Use a virtual card with a low limit for free trials, so an auto-renewal simply fails instead of quietly succeeding.

3. Stop treating cancellation as permanent. If you genuinely miss it, resubscribing takes thirty seconds. Most of the time you never think about it again.

Reclaim $150 a month, point it somewhere that actually grows, and you have not just saved money. You have given those dollars a job. 📈

That is the whole idea. Wealth is not only built in the market. A good part of it is built by not leaking.

So I am curious. 🤔 What is the subscription you had forgotten you were still paying for until you read this?

#PersonalFinance #MoneyHabits #FinancialPlanning #WealthManagement #Budgeting #JeffGurman #Finance #MoneyManagement

[Jeff Gurman @JeffGurman]

Some of the most financially secure retirees I know never built a large nest egg.

They were police officers. Firefighters. Schoolteachers. 👩‍🏫 They travel, spoil their grandchildren, and almost never think about money.

Their secret was never the size of their savings. It was a check that arrived every month for the rest of their lives, no matter what the market was doing.

A pension. Certainty.

For decades I have sat across the table from people at the exact moment the paychecks stop, and here is what I have learned: the hardest part is almost never the math. It is the feeling.

You spent a lifetime as the provider. Now you are asked to live off a sum of money instead of a paycheck, and even when the numbers are sound, that can feel strange, and a little frightening.

Most people reach retirement without a pension. The good news is that this kind of certainty can be rebuilt. A sound plan tends to stand on three things:

🛡️ A floor. Dependable income for the essentials, no matter what the market does.

📈 A ceiling. Money that keeps growing, so rising prices never quietly shrink your life.

🚪 A gate. What you built reaches the people you love, tax-efficiently and on time.

The goal was never to have the most. It was to never have to worry again.

So here is my question: when you picture retirement, is it a number you are chasing, or a feeling you are after? 🤔

#RetirementPlanning #RetirementIncome #FinancialPlanning #WealthManagement #Longevity #Education #JeffGurman #TaxPlanning #Finance

[Jeff Gurman @JeffGurman]

If you are eligible for a Health Savings Account and not using it, you may be leaving one of the best deals in the entire tax code on the table. Here is why, and here is how. 🏥

First, why it is special. The HSA is the only account that is triple tax-free. Money goes in pre-tax. It grows tax-free. And it comes out tax-free for medical costs. Nothing else does all three, not a 401k, not a Roth.  🔑

Who qualifies? You need to be covered by an HSA-eligible high-deductible health plan and not yet on Medicare. For 2026 that means a deductible of at least $1,700 for individual coverage or $3,400 for a family. Roughly 1 in 5 Americans with private coverage are already in a qualifying plan, and many have no idea they can open an HSA. New for 2026: a lot of Bronze and Catastrophic marketplace plans now qualify too, so if you buy your own coverage, it is worth checking.

How much can go in? For 2026 you can contribute $4,400 for self-only coverage or $8,750 for a family, plus an extra $1,000 if you are 55 or older.

And the pro move: contribute the max, invest it instead of letting it sit in cash, and let the account compound. If you do have medical bills that you ever paid while you had the plan in place, you can reimburse yourself tax free even decades later.

So if you have access: are you funding it every year, or letting the single most tax-efficient account there is sit empty? 🤔

Sources: IRS Publication 969 https://t.co/gMkMWWzxXR

[Jeff Gurman @JeffGurman]

#SuperBowlLI is almost here! Remember this #ad from 2013? https://t.co/NXSrqfGV1i #TBT #vivayoung #lifeinsurance

[Jeff Gurman @JeffGurman]

#NFL #coaching may be #hazardous to one's #health. https://t.co/8fQnGuhHkr #lifeinsurance #disability

[Jeff Gurman @JeffGurman]

Ever wondered how much #lifeinsurance and #disability #NFL #players receive under the #CBA? https://t.co/1ti8TkVORn

[Jeff Gurman @JeffGurman]

A few relatively painless ways you could #save #thousands. https://t.co/RKhFwqwojO #financing #wealthmanagement

[Jeff Gurman @JeffGurman]

Doctor's orders! Compare #costs of generic #meds against #brandnames before #buying. https://t.co/cXgoGpMkhD #life

[Jeff Gurman @JeffGurman]

Even #youngprofessionals may be #atrisk for a #stroke. https://t.co/6Hl63EwkqO #overload #lifeinsurance #disability

[Jeff Gurman @JeffGurman]

This New Zealand #senior couple is inspiring. https://t.co/XCRtqvnHxH #marriage #aging #wealthmanagement

[Jeff Gurman @JeffGurman]

#Death by #caffeine? How many cups of #coffee would it take? https://t.co/ETpILdKxFg #lifesinsurance

[Jeff Gurman @JeffGurman]

In commemoration of Martin Luther King, Jr.'s legacy. #MLKDay #wealthmanagement #lifeinsurance

[Jeff Gurman @JeffGurman]

Consider making #decisiondriven #resolutions for #worklife #balance. https://t.co/RW37SOPR0j #wealthmanagement #life

[Jeff Gurman @JeffGurman]

Here are 10 ways to tighten your belt. https://t.co/sczLC7eCoy #overspending #underbudgeting #wealthmanagement

[Jeff Gurman @JeffGurman]

#Textinganddriving is a real threat on our nation's roads. https://t.co/spA58pPr1u #lifeinsurance #disability

[Jeff Gurman @JeffGurman]

While popular, #running may be the worst way to get #fit. https://t.co/kRZKySQoJs #life #insurance #disability

[Jeff Gurman @JeffGurman]

This 28-year-old retired early by honing her #investment #strategy. https://t.co/IPpS4nAMQ4 #earlyretirement #wealth

[Jeff Gurman @JeffGurman]

Happy 2017! Resolve to combat #FOMO (Fear of Missing Out). https://t.co/bjK87k1mIt #lifeinsurance #wealthmanagement

[Jeff Gurman @JeffGurman]

"If I'm brain-dead, but my body is still alive, let me be. I'll come back around." https://t.co/kyUsa6bMrQ #wills