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This week Doug Andrew discussed the following:
Upcoming Complimentary Webinar
Attend our free 90-minute webinar live over the Internet this coming Tuesday, August 17th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).
The topic is “True Asset Optimization: How to Choose the Right Investments.” You’ll learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.
Register now by calling 1-888-76-Radio (888-767-2346). If operators are busy, please call again.
All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.
Baby Boomers Outliving Their Money
A recent study by the Employee Benefit Research Institute concluded that almost 50% of Baby Boomers will outlive their assets and will have to depend on Social Security, charity, welfare, and/or their own children.
If that shocks you, understand that this is nothing new. In 1970 a Bureau of Labor and Statistics study found that 54% of retirees at the time were totally dependent, 36% were dead by age 65, 5% were still working to provide basic necessities, 4% had an income, and 1% were financially independent.
So what do the people in the top 5% know and do that the other 95% don’t? They understand and apply three “miracles”:
- Compound Interest
- Tax-Free Accumulation and Income
- Safe, Positive Leverage
Read the Writing on the Wall & Protect Yourself
Last year Congress and Obama approved a $3.6 trillion spending budget. They’ve already spent all but $500 billion.
This was essentially a line of credit forced upon taxpayers. It will cost every taxpayer $36,000 in future earnings.
When individuals run out of money they have to cut expenses, increase their income, or both.
All Congress has to do is increase their revenues — by increasing your taxes.
Because of passed legislation, we know that every taxpayer will experience a tax increase in the next couple years of between 5 and 9 percent. And with all the money that’s being printed, inflation will also hit us.
What are you doing to protect yourself from the inevitable? Do you have a strategy for reducing your taxes and outpacing inflation?
And how about market volatility? Missed Fortune clients are up 50% in the last 4 years, while most Americans aren’t even back to their break even point.
This is because they enjoy the following benefits:
- Liquidity
- Safety of principal
- A healthy rate of return that outpaces inflation
- Indexing — they make money when the market goes up and never lose when it goes down
- Tax-free growth, withdrawal, & transfer
Meet with a Missed Fortune advisor today to learn how you can enjoy these benefits and become one of the 5% who never outlive their assets.
Bonus Missed Fortune E-Book: Baby Boomer Blunders
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 this e-book now at www.babyboomerblunders.com.
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