Higher Taxes, Inflation Are Coming
Posted on | February 20, 2011 | No Comments
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This week Doug Andrew discussed the following:
Upcoming Free Webinar
Attend our free 90-minute webinar live over the Internet this coming Tuesday, Feb. 22nd 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 and Wealth Optimization.” You’ll learn equity management and how to choose the right investments for liquidity, safety, rate of return and tax benefits.
All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.
A Conservative Growth Rate
Religious conservatives are having more children than secular liberals.
In an article titled “Survival of the Godliest,” Phillip Longman writes, “In a world in which child bearing is rarely accidental and almost never rewarding economically, birth rates increasing reflect values choices.”
So, those who end up following that ancient injunction to “go forth and multiply” wind up putting more of their genes and ideas into the future than those who don’t.
I believe the election of Barack Obama in 2008 will be turn out to be a slight diversion — quickly corrected because of the deceptive call for change — in a long term movement toward conservatism in the United States.
Regardless, we’ve already painted ourselves into a corner and it’s going to be tough getting out of it.
The National Debt has grown $4 trillion in the last two years and couple of months. The Congressional Budget Office estimates that the National Debt could rise to $27 trillion by the end of the decade.
That doesn’t include the $62 trillion of unfunded liabilities representing Social Security, FICA and Medicare. We don’t have a dollar of that in our coffers.
Even if we do see some more conservatives in Congress, they’ll have a monumental debt to try to overcome.
The writing’s on the wall. Taxes will have to go up and inflation is just around the corner.
You need to protect yourself and your retirement funds. I can teach you how.
Solve Your IRA and 401(k) Dilemma
It’s very important that you know the difference between tax-deferred and tax-free.
Now’s the time to convert your IRAs and 401(k)s to better, safer strategies and meet your tax obligations now while taxes and account balances are lower.
These strategies grow tax-free, withdraw tax-free and eventually transfer tax-free.
The 5 percent of Americans that are true financial thrivers didn’t get that way by following the same old traditional advice and socking away money in IRAs and 401(k)s.
If inflation hits, you want your money linked to the things that are inflating. In the 1970s, when we had double-digit inflation, I was earning a rate of return of 5.5 percent greater than inflation using conservative, tax-free investments.
I can teach you how to avoid what I call the Baby Boomer Blunders. I can teach you the 31 FLAVORS — Fortunes Lost Amid Valid Optimization and Reallocation Strategies.
I can teach you the difference between Mr. Taxed to the Max and Mrs. I’ve a Lot More.
Now is the time to start securing a prosperous financial retirement.
Meet with a Missed Fortune advisor to get started planning your future.
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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