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Did you miss this week’s show? Doug Andrew discussed the following:
Attend our three hour event live over the internet this coming Wednesday, September 23rd at 5:30 pm Pacific/6:30 Mountain/7:30 Central: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of return during the good years. This strategy is called indexing and you need to know all about it. To register online click here or call 888-76-Radio (888-767-2346).
I’ll be presenting LIVE in Salt Lake City, Utah at a special three hour event this coming week. Just for registering you’ll receive a free e-book and audio book on the IRA/401(k) dilemma. Admission is free for Missed Fortune Radio subscribers and listeners:
- Wednesday September 23rd at 6:30 pm Mountain (click here to register)
If you believe that future tax rates will be higher, you need to start taking control and start using strategies that will allow you to accumulate money that will be tax free when you go to use it.
Future tax rates will be higher! In all the books I have written, I talk about how you can crawl towards retirement in tax as earned investments such as CDs and Money Markets. You don’t want to crawl toward retirement!
The power of a tax free retirement. If you had a $1,000,000 earning 10% and were accessing your money tax free, you could withdraw 100,000 a year and have it last into perpetuity. It would never run out!
If you had to pay taxes on the money, you would have to draw out $150,000 to get $100,000 after tax. Your money is going to run out much quicker if you have to pay taxes on the back end. For those of you who are approaching retirement in the next 5-10 years, it is not too late.
Did you know there are three kinds of people in the world? The Strivers, who pay interest. The Arrivers, who earn interest. The Thrivers, those who pay some interest to earn more interest. They learn how to become their own banker. I’ve taught for 35 years how to pay off your home and become debt free the quickest and smartest way.
FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg. Download at www.babyboomerblunders.com
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