Welcome!

Since Bening Financial was founded in 1974, we've served as advocates for businesses, families, and individuals who require financial, insurance, and advisory services including:

  •  Providing innovative financial strategies to help business attract, reward and retain key employees; •Customizing term, variable and universal life insurance plans to meet specific business or family needs;
  • Reviewing existing life insurance plans in light of the recent market conditions and product enhancements;
  • Formulating a plan to provide stable income through retirement years;
  • Coordinating group and individual disability insurance coverage for income replacement and buy/sell agreements;
  • Enhancing value and simplifying the servicing of existing 401(k) plans, defined benefit plans and rollover IRAs;
  • Recommending asset allocation strategies using personal risk tolerance profiles combined with a broad range of investment options;
  • Evaluating and recommending appropriate use of tax favored fixed and variable annuities to meet future income objectives.

We thank you for taking time to learn more about Bening Financial.  After you’ve had an opportunity to browse our website, we encourage you to take the next step and contact us for specific wealth-building and risk-minimizing strategies to meet your individual needs, goals, and dreams.

Lastly, before you go, you won't want to miss seeing the article written by Ray and published in Life Insurance Selling magazine.  Ray and Steve Parrish, National Advanced Solution Consultant for The Principal, wrote a compelling article on Key Person Insurance.

Raymond L. Bening             Duke Reichardt
Partner                                   Partner

Calculators

Net Worth

A balance sheet summarizes your assets and liabilities and reveals your net worth.

Life Insurance

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

Loan Payoff

How much will it cost to pay off a loan over its lifetime?

Savings Goals

How much do you need to save each year to meet your long-term financial goals?

More Calculators →

Newsletters

How Interest Rates Can Influence Financial Decisions

The Federal Reserve has relied on its control of short-term interest rates to influence economic activity. Adjusting interest rates might seem to be an overly simple solution for steering the world's most powerful economy, but few mechanisms can influence behavior more effectively than interest rates.

Fixed for Life

More than 40% of Americans ages 36 and older are at risk of running out of money in retirement, according to a retirement readiness study. In fact, almost one-third of people with upper-middle incomes and 13% with high incomes may not be able to pay for basic retirement expenses and uninsured health-care costs after two decades in retirement.

Giving Strategies That Can Give Back

Americans gave more than $290 billion to charity in 2010, despite the slow economy. About 73% of charitable donations came directly from individuals. This article explains how a charitable remainder trust and a charitable lead trust could be used to provide more control over gifts while potentially benefiting the giver and his or her heirs.

Using a Variable Annuity for Guaranteed Income

One recommendation from the White House Task Force on Middle Class Working Families was for retirees to consider purchasing annuities to help provide a stable income. Investors who want their retirement portfolios to go the distance might want to learn more about variable annuities.

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