From the category archives:

Debt

What You Should Know About the Next Decade

June 19, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, June 21st 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

The Next 10 Years Should Be Interesting

Where market uncertainty was a hallmark of the Lost Decade, the next 10 years have potential to be much more interesting.

Most Americans who lost money in their IRAs and 401(k)s over the past few years are just now starting to get back to where they were 10 years ago.

Now we’re facing a triple whammy of higher taxes, inflation and market volatility that could prove very challenging for those who fail to position their money properly.

People who’ve learned the Missed Fortune strategies and followed them, have predictably been able to double or nearly triple what they had 10 years ago. Not only did they do it during the biggest downturn since the Great Depression, they’ve done it tax free.

This is important because with the Bush tax cuts expiring in 2012 and the prospect of more tax hikes on the way, you’ll need all the tax protection you can get.

Government spending continues at a breakneck pace and Congress is looking to raise taxes to meet their funding needs. Taxes are going up. Count on it.

In addition to raising taxes, the printing of money to cover the payment of government obligations is setting the stage for increased inflation.

Social Security has a $63 trillion dollar deficit owing that it has promised to pay out to recipients in future benefits.

It’s time you knew what you don’t know about keeping your fortune from slipping through your fingers.

31 FLAVORS of How People Miss Out on Fortunes

FLAVORS is an acronym that stands for Fortunes Lost Amid Valid Optimization & Reallocation Strategies.

These are rules and strategies that even seasoned tax attorneys and accountants don’t know until they’re shown.

People miss out on fortunes because they choose short term investments for long range goals to fund their retirement.

They put their money into what are termed “crawl investments” that offer too low a rate of return compared to the rate of inflation. They miss out on money that could be made by linking their returns to those thing that inflate.

Some put money into “walking investments” where they place their money in retirement vehicles that are tax deferred rather than tax free. This means that they pay through the nose in taxes when they start to withdraw funds from their IRAs & 401(k)s.

If you understand how money works you can put the equity in your real estate to work to accumulate, over a 30 year period, a huge windfall for your retirement.

By empowering your wealth, you learn how money works, you employ a system of accountability and responsibility and you learn better ways to grow your money tax free.

Learn how to time the markets, how to do a strategic roll-out that protects your principal with a predictable rate of return that accumulates tax free. You can learn the power of compound interest and so much much more in the Missed Fortune strategies.

It won’t just benefit you, this knowledge will also bless your family when your fortune transfers to them when you’re gone.

Talk to a Missed Fortune advisor today.

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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Taking On Debt Like a Ship Taking On Water

June 12, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, May 31st 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Like a Ship Taking On Water

Our national ship is taking on a lot of water in the form of debt. It’s easy to see the waterline is rising. This is due to misguided management in the financial industry coupled with addictive government deficit spending.

National and corporate leaders have done what every Ponzi scheme architect has done by bringing in new money to cover for old promises.

Take Social Security for example. If this program didn’t bring in new money to cover current recipients income it would quickly go bankrupt.

Baby boomers are starting to retire and the workforce is shrinking. When Social Security was started, there were 15 workers contributing for every one recipient. But those numbers have shifted to where we now have 3 or 4 workers for every recipient of Social Security.

It won’t be long before we’re down to 2 workers for every recipient and government will have to take more and more of our income to pay out what it has promised.

Social Security debt is at $62 trillion. To get the sense of how much money that is, $1 trillion dollar bills lined up end to end would reach from here to the moon and back 200 times.

This means that, after adjusting for inflation, the federal government has obligated itself to paying more than $100 trillion that it has not collected from by withholding from American workers paychecks.

The government doesn’t have the money to cover its expenses and the only way it can get it is by withdrawing money from our paychecks each month or by printing more money–causing inflation.

The bottom line is we’re going to have more and more people in the wagon and fewer and fewer workers pulling.

The day of reckoning could come as soon as the next 10-15 years. Or it could be partially happening now.

The government has already been collecting less in Social Security than it has been paying from October of 2009 to January of 2011.

If solvency is defined as barely bringing in enough to cover what is paid out, we’re in big trouble.

More Trouble On the Horizon

Medicare is six time larger in terms of unfunded obligations according to former U.S. Accountability Office comptroller David Walker.

With current figures it would require $700,000 from every full time working individual in America in order to cover the huge social security and medicare liability.

The U.S. national debt is over $14.3 trillion and the interest alone accrues at just under 41 billion dollars an hour.

In an article outlining 3 ways your Social Security payments are already being cut by Alicia Manelle says, “Lost in the debate is the fact that even under current law, Social Security will provide less retirement income relative to previous earnings than it does today.”

Social Security may no longer be the mainstay of the retirement system for many people.

There are 3 main issues that are fast approaching.

1. The retirement age is going to be extended from 65 to 67 depending upon when you turn 65.

2. The increase in Medicare premiums from 5% to 12%.

3. The taxation of Social Security benefits.

These dangers should be clear to you by now.

Taxes are going to go up. Inflation will decrease the purchasing power of the dollar. And market volatility will continue for the foreseeable future.

Those who have learned and applied Missed Fortune Strategies have learned how to protect their serious retirement money from rising taxes, inflation and market uncertainty.

They can sleep soundly at night knowing that their money is accumulating tax free, not tax deferred. Their returns are linked to those things that inflate so inflation becomes a help and not a hindrance.

They’ve repositioned their serious cash to participate in any upside the market may experience without risking their principal in the market.

The Missed Fortune strategies have worked for them for nearly 3 decades. They will work for you. Contact a Missed Fortune advisor to learn how.

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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The Warning Signs Are Pointing to Higher Taxes

May 29, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, May 31st 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

For Politicians It’s All About Raising Taxes

In recent editorial titled “For Democrats It’s all about tax hikes” it’s abundantly clear where politicians stand on the issue of taxes.

The picture isn’t pretty. Taxes will be going up.

Democrats have floated a plan for a tax on millionaires to force Republicans to accept other tax increases. They’ve tried to hike oil company taxes by more than $2 billion per year even though oil company profits are around 6 or 7 cents per dollar.

On issue after issue Republicans are putting forth serious, politically risky solutions while Democrats are playing class warfare and stoke public fear.

Reining in out of control government spending is only way to address the nation’s gargantuan debt.

We have increased the national debt from $9 trillion to $14.3 trillion in just the last 5 years. Raising taxes is the favored solution to many Democratic leaders.

If we took every dime about $250,000 that anyone earns in this country, it would pay for roughly 4.5 months of the president’s proposed annual budget.

As consumers we have to tighten our belts when we have to stay within our budgets. Government just wants to keep feeding its spending problem.

Taxes will be going up. Inflation is just around the corner thanks to government printing more and more money to cover their deficits. And market uncertainty and volatility has been a fact of life for nearly a decade now.

You Wouldn’t Ignore Cancer Would You?

An article by Walter Brandimarte notes that investors have averted a broad sell-off by diving into shares of companies that are less vulnerable to the economic cycle.

These include well known defensive sectors like utilities, household products and large cap companies with steady earnings performance. With the end of the Fed’s easy money policies just around the corner, investors are becoming more sensitive to risk in general.

There are better ways to safely invest, to create greater liquidity, safety of principal and to earn a predictable rate of return that’s tax free.

We’re looking at the likelihood of higher taxes, inflation and continuing market uncertainty. It’s essential that you understand how to protect yourself against the triple whammy.

Now is the time to implement the strategies that will allow you to accumulate your money tax free now and in the future under sections of the IRS code that have been grandfathered for decades.

If we have inflation you’ll need the strategies that help rather than hinder you by linking your returns to those things that inflate.

Finally, you must protect yourself so that if the market goes down you not only don’t lose any money, but your money grows as the market grows.

Putting your head in the sand and thinking you’ll deal with taxes on your 401(k)s and IRAs down the road is highly risky. It’s like putting off dealing with a malignant tumor and hoping it won’t be so bad down the road.

Dealing with the problem today makes more sense than waiting for that tax liability to continue to grow.

It may be wise to get your money out of your 401(k)s and IRAs now and to do a strategic rollover into an environment that’s tax free from this day forward.

Indexing strategies can help you safely and predictably double your money tax free without putting it at risk in the market.

Learn how to put these strategies to work for your serious money by contacting a Missed Fortune advisor today.

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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Finding Sure Footing On a Slippery Slope

May 22, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 26th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Standing On the Slippery Slope

A recent article by Bill Spetrino of the Money News Financial Brain Trust talks about the Big oil company tax breaks.

Senate leader Harry Reid met with major oil company CEOs to discuss ending government oil subsidies. In reality, it’s grandstanding and a way for Congress to distract the American people from the real source of America’s gigantic deficit–out of control spending.

In 2009 the Democratic party had a filibuster-proof majority in Congress and chose not to end the oil subsidies. Yet now the Senate is blaming the oil companies for the high price of gas.

Did you realize that oil companies make about 7 cents per gallon while state and federal governments make about 50 cents per gallon. Is it really the oil companies that are being unfair?

So who owns these big oil companies? The oil industry is only owned about 1.5% by upper management. The bulk of their ownership is virtually every major pension fund that owns oil company stock.

The profit margin for oil companies between 2007-2010 averaged around 6.75% but that pales in comparison to profit margins in virtually every other industry.

Technology has a 30% profit margin by comparison.

America wasn’t built on demonizing successful businesses and high earning people.

So Where Exactly Will the Government Get Its Money?

The U.S. Treasury is now planning to tap pensions to help fund government. Treasury Secretary Timothy Geithner has warned for months that the government would soon hit its $14.3 trillion debt ceiling.

He will begin to borrow from retirement funds, starting with federal workers, but this maneuver won’t buy more than just a few months of time.

Raising taxes will hurt our economy and hurt our ability to create jobs according to a handful of Republican and Democratic leaders alike. But the majority in Congress still isn’t listening.

The government needs roughly $125 billion more per month than it takes in each month just to cover its obligations. This makes any special measures less effective than they were in the past.

As families we tighten our belts and spend less when our outgo exceeds our income. But Congress is flirting with defaulting on the federal debt.

A default could increase borrowing costs for everyone as well as impacting job creation and investment throughout the economy.

The interest on the federal debt two years ago was $41 million an hour.

Taxes will be going up. Inflation is around the corner due to the government printing so much money to cover its spending.

The market volatility of the last decade has taken a toll on people who had their money in the market.

People who’ve implemented the Missed Fortune strategies are in the best position to stand their ground on a slippery economic slope.

They’ve learned how too grow their money tax free and to enjoy it tax free when they start to access it. They’re linking their returns to those things that inflate when there’s inflation. And they’re indexing their money to grow when the economy grows without risking it when the economy goes down.

These strategies are proven and have been working for years for those wise enough to use them.

It’s not too late to learn and implement these strategies to secure your financial footing. Visit with a Missed Fortune advisor and learn how.

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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A Lifeboat for Your Financial Future

May 15, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 26th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Changing How Congress Is Elected & Represents Us

In 1971,the 26th Amendment granting the right to vote to 18 year olds only took 3 months to ratify because the people wanted it.

Seven of the 27 amendments the Bill of Rights only took a year or less to ratify because of public pressure.

The proposed Congressional Reform Act of 2011 includes term limits, denies tenure and pensions, requires Congress to participate in Social Security, and requires Congress to purchase its own retirement plan.

It also takes away Congressional health insurance and requires them to purchase their own. Congress can no longer vote themselves a pay raise and must equally abide by all laws they impose on the American people.

The Act also states that all contracts with existing or past congressmen will be null and void effective January 1, 2012. Is this what it will take to get Congress to represent us and not just their own interests?

The Founders envisioned citizen legislators not professional politicians.

It took us 100 years to accumulate 9 trillion dollars in debt and in the last 5 years Congress has grown the debt to nearly 14 trillion dollars.

How Congress is Affecting Your Money

The Washington Examiner recently published an article saying that Senate Democrats are preparing a stealth budget bill to derail the Ryan Budget that passed the House overwhelmingly in April.

The Senate Democrats say that the Ryan budget cuts too much spending and doesn’t raise taxes enough.

Spending cuts are so small in comparison to the kind of cuts that need to take place that they amount to virtually nothing. We need to cut trillions–not just billions.

With this kind of spending, it’s clear that taxes will be increasing. Even if the Bush tax cuts are allowed to simply expire, it will still be a huge tax increase. The triple whammy we face in the next decade includes market volatility, higher taxes and growing inflation.

Congress needs to understand that raising taxes in a recession is the kiss of death for businesses. It could lead to a true double dip recession.

Instead of raising taxes, we need to raise the revenue that’s being taxed and that’s been proven to work as in the Bush tax cuts that followed 9/11. We have a serious debt problem and Congress is refusing to take the steps that would address the spending crisis.

The Ship Continues Sinking

Fortunately, there is a lifeboat for those who are willing to take advantage of the year and a half window that remains to reposition your money into investments that accumulate tax free instead of tax deferred.

Let’s say you invested $100,000 dollars and you end up tripling your money in 10 years. Down the road you’d have to pay 1/3 of that in taxes then your actual money is only $200,000.

If taxes increase to 50% as the Congressional Budget Office is predicting they will by 2021, your nest egg is going to run dry in an amazingly short time.

You need a hedge against inflation that ties your rate of return to those things that inflate so you continue to earn when inflation comes.

You need to index your money in such a way that your money grows when the market grows yet doesn’t lose money when the market decreases.

Meet with a Missed Fortune advisor and learn the strategies that will get your money safely aboard the lifeboat.

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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Countering The Coming Triple Whammy

May 8, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, May 10th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Why Taxes Must Go Up

Taxes will be rising. The writing is on the wall.

Federal debt has gone from $9 trillion up to $14 trillion in the last 5 years alone.

According to an article by Curtis Dubay of the Heritage Foundation, Congress would need to more than double income tax collections just to cover the deficit and the debt that we’ve added in the last 5 years.

He says that income tax revenue would have to increase over 144% just to cover the overspending that’s already taken place.

If Congress were to only tax those making over $250,000 per year, which the president has advocated, their top tax rates would have to rise to levels of 132% and 142%.

Since it’s not possible to tax above 100%, these are literally impossible tax levels.

According to the Congressional Budget Office, if the president’s 2012 budget is enacted, interest payments alone will total $931 billion in 2021. That’s 20% of all tax receipts.

95% of all tax revenues would be spoken for by mandatory entitlement programs before Congress could even consider allocating for defense or any other essential function of government.

Raising taxes will not solve the problem as long as spending continues unchecked.

Tax rates would have to be raised perpetually to keep pace with this. This is why taxes will be going up.

The Coming Triple Whammy

In most decades, you’ll have 7 years of market growth and 3 years of market decline. If you had your money in the market during the last decade, you experienced a total of 5 down years, so your 401(k) or IRA is already behind the curve.

Most Americans are only up an average of 2.99% over the last decade thanks to market uncertainty. This is just one facet of the three-pronged challenge before us.

We also have taxes almost certainly going higher when the Bush tax cuts expire in 2012.

And finally, we have the specter of inflation on the horizon.

So how do we deal with this triple whammy?

To protect yourself from rising tax rates, you must be able to employ strategies that have been part of the Internal Revenue Code for decades. These strategies enable you to accumulate, access and transfer your money tax free.

Instead of deferring your taxes to a future time when taxes are going up, you set money aside where it will be tax free now and in the future.

Inflation can be countered by linking your return to those things that go up when there is inflation. This means inflation helps rather than hinders you.

The third danger of market volatility can be nullified by using Missed Fortune strategies that index your money to the market without having to risk your money in the market. In those years that the market grows, your money grows. In those years that the market goes down, you don’t lose your money.

The window of opportunity is short, but it’s open right now. This is the time to reposition your money in order to counter the triple whammy of taxes, inflation and market uncertainty.

Visit with a Missed Fortune advisor and take control of your financial 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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Making the Tax Laws Work in Your Favor

May 1, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 26th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Higher Taxes-The Writing Is On the Wall

When the income tax code became a permanent part of our lives back in 1913, it was only around 400 pages. It took until 1954 to grow to nearly 14,000 pages.

By 1974 it was 19,500 pages. In 1986, tax reform simplified the tax code to two thick volumes of nearly 26,300 pages. In 1995 it grew to 40,500 pages.

Today it’s 72,536 pages of tax rules.

Our current tax system punishes people for saving and investing. We should be rewarding people for taking ownership of their future. But the congressional revenuers just doesn’t seem to get it.

A dollar that doubles every period for 20 periods can grow to nearly a million dollars if it’s tax free. If it’s tax deferred it’s only worth about $666,000. The rest is eaten up by taxes.

The Congressional Budget Office estimates that by 2050 the average middle income American will be paying 50-60 percent of their income to taxation.

You want a strategy where your money accumulates tax free. But if it’s taxed as earned you pay an average of 1/3 of it in taxes depending upon your tax bracket.

By the time we hit 2016 or 2017 our national debt may have doubled again, so it’s a safe bet that taxes will be going up.

Now is the time to implement a strategy where your money not only accumulates tax free but stays tax free when you go to access it.

Better Strategies to Keep More of Your Money in Your Pocket

There are grandfathered sections of the Internal Revenue Code that have been around for a lot longer than the sections governing IRAs and 401(k)s. These sections actually give you protection from high taxes.

With the strategies we teach, you’ll learn how to be protected when the economy goes down so you don’t lose money, and during those years when the economy is growing you earn up to 15%.

If you used the indexed tax free insurance contracts that we teach you how to use, you’d have doubled your money, tax free, in the past 10 years.

Your money accumulates tax free, you can access it tax free for gain or for retirement, and when you pass away it blossoms and transfers to your heirs tax free.

This is like a secret to many tax attorneys and accountants who haven’t been taught these strategies.

The three greatest dangers we face are taxes going up, inflation and market uncertainty.

The Bush tax cuts are expiring and tax increases are on the way. But we still have a small window in which to act.

Inflation is going to go up. The cost of living will rise. But inflation can actually help you when you link your returns to those things that inflate when we experience inflation.

The third danger is market uncertainty and volatility but we can show you how to protect your money when the economy goes down and to start growing again at the exact instant it begins to go back up.

Great opportunities are available right now by repositioning your retirement funds that are trapped in tax-deferred vehicles and into something that will be tax free from this day forward.

You’ll need to link your returns, from this day forward, to things that inflate so that inflation actually helps you.

You also need to reposition your money to participate in any upside potential in the market with no downside if the market declines. But now is the time to get into motion.

IRAs and 401(k)s are not the best way to save for retirement. Sending extra mortgage payments to the mortgage company is not the best way to get out of debt. And putting your hard earned money at risk in the market is not the safest way to accumulate wealth.

There are time-proven, better ways and you can make them yours by contacting a Missed Fortune advisor.

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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Taking Ownership of Your Financial Future

April 24, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 26th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Bad News for the Boomer Generation

A recent statistic claims that 50% of baby boomers will outlive their money.

They’ll run out of savings and have to rely on social security, charity and welfare or their own children for support.

A study in the 1970′s by the Bureau of Labor & Statistics showed that out of every 100 males born in America, by the time they were 65 years old, 36 of them would be dead.

The study also showed that 54 percent were predicted to be dead broke and completely dependent upon social security.

Another 5% would still have an income. They would continue to work, not because they wanted to, but because they had to work.

In the richest nation on earth, only 5% would be financially independent.

That statistic hasn’t changed in the last 40 years.

Even today, only 5% of Americans are financially independent by the time they hit their golden years.

That leaves 95% of Americans still striving to make ends meet when they reach retirement age.

A lot of these people lost their future back in 2008 when their IRAs and 401(k)s lost 31% of their value on average. Some lost upwards of 40-50% of their value.

If you lose half of the value of your retirement nest egg, it takes at least 10 years to get back to breaking even.

Putting that money into a bank or a CD at 1% won’t allow you to double your money in that amount of time. Putting it into the market isn’t the answer either.

There are far better strategies to grow your money without putting it at risk.

We Don’t Know What We Don’t Know

There are at least 31 FLAVORS of missed fortune which is an acronym for:

Fortunes
Lost
Amid
Valid
Optimization &
Reallocation
Strategies

People miss out on fortunes because of the time value of money, meaning if they just did things a little bit differently, they’d increase their net worth drastically.

For instance, right now we’re in tax season.

Many people view their income tax refund as a forced savings program. Instead of socking that money away and giving the government a zero interest loan, you could change your withholding and set aside that difference. With an extra $2,000 annually, you could accumulate an extra quarter to half a million dollars in your retirement account.

Government leaders make a big deal out of cutting $100 million dollars out of the annual $3.5 trillion dollar federal budget.

Do the math. If you spend about $2,000/month on your living expenses and you were to cut your spending at the exact same ration, you’d only reduce your budget by 6 cents.

We don’t have a revenue problem in this country, we have a spending problem and taxes will be going up.

If you’re putting your money into IRAs and 401(k)s and thinking tomorrow’s tax rates will be lower, you’re going to be in for a rude awakening.

There are better ways to save for retirement.

Taking Ownership of Your Financial Future

By implementing missed fortune strategies, you get much better results than simply doing what everyone else is doing.

There’s a huge difference between Mr. Tax-to-the-Max who takes minimum distributions and pays 2 to 4 times as much in taxes and Mrs I’ve-a-lot-more who enjoys double the net spendable income and pays about 1/6th as much in taxes.

Mrs. I’ve-a-lot-more stimulates the economy by taking ownership of her future rather than just rolling over and paying too much in taxes.

Instead of getting a tax refund and spending it after letting the government keep your money for a year, learn how to put that money to work for you and accumulate an extra quarter million, half million or even a million dollars by retirement.

Missed fortune strategies teach you how to use a system that protects your money whether the market goes up or down without risking your principal.

You’ll learn to keep your principal safe and make sure you don’t lose the money you set aside. You keep the money you make and never subject it to risk or loss again.

These strategies can teach you how to earn a rate of return that’s greater than taxes or inflation and that grows your money tax free.

We’ve helped several thousand people take ownership of their future and achieve financial independence.

If you’d like to know what these people know, schedule a meeting with a Missed Fortune advisor.

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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Cracking the Code To Greater Wealth

April 17, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 19th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Finding the Right Combination

Ever wonder how some people get super wealthy and some people never do?

It’s all about learning to open your mind, learn how money works and do what the wealthy do.

You don’t get wealthy by socking away money in 401(k)s and IRAs.

In a 3 combination lock there are 18,333 combinations that are possible. If you don’t know the correct 3 numbers, you’ll spend a lifetime trying to unlock it.

Wealth is the same way. You have to know the right combination to become wealthy.

People today are frustrated, confused, isolated and feel powerless because of the current economic storm.

Every taxpayer in America now owes $135,000-$140,000 to pay down the national debt.

Rising taxes, rising inflation and market volatility are the 3 biggest dangers we face financially. They are offset by the three greatest opportunities we have right now to reposition your serious cash into vehicles that have been tax free for decades.

Rollout Not Rollover

There are better alternatives to growing your money than Roth IRAs and 401(k)s.

For instance, a strategic rollout gets your money repositioned at today’s lower tax rates into something that’s tax free from today forward.

In 2013 the Bush tax cuts will expire and taxes will be going up.

Any tax incurred at the rollover will be at today’s lower rates if you act during this two year window of opportunity. Your money should be in a tax free vehicle from this day forward.

Next, you need to link your money to those things that inflate when there is inflation so you can earn returns that are greater than inflation. It’s a strategy that has protected people’s money even during the double digit inflation of the early 80′s.

Finally, indexing your money using lock-in and reset features will protect your money from market uncertainty.

Indexing allows you to always have liquidity, total access to your money when you need it. It provides safety of principal so when the economy goes down you don’t lose money.

Whenever you do make money in a given year, you lock that gain in as principal.

Instead of relying on the government to bail us out we have the power to create our own stimulus. These 3 strategies are a good start.

Learn more by meeting with a Missed Fortune advisor.

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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The Clock Is Running-Are You Prepared?

April 10, 2011

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 12th 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 how to choose the right investments for liquidity, safety, rate of return and tax benefits.

Click Here to Register Now

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

The Two Year Window You Cannot Miss

The 112th Congress is finally in gear but they have major issues to tackle.

We have a roughly 2 year window before our tax rates go even higher.

What should you be doing during this next two years?

The debt we’ve incurred in just the last 2 years increased by $3.5 trillion. In the last 4 years, the national debt has increased from $9 trillion to $14 trillion. That’s nearly half much debt as our nation incurred in the last 100 years.

The Congressional Budget Office last year said that by mid century average middle income Americans will be paying 50 to 60 percent of their income to taxes. That’s thanks to the spending problem that continues to grow.

You need strategies and solutions so that when higher tax rates come you’re protected.

Even at current rates you’ll pay back 1/3 of what you have in your retirement funds. We must take advantage of this 2 year window.

One thing that didn’t happen this year was that the income tax thresholds didn’t increase like they do nearly every year to allow for cost of living.

For a married couple, on every dollar you make over $68,000 you’ll pay 25% in federal income tax and in 41 out of 50 states you’ll get to pay state income tax as well.

If you’re single, every dollar over $34,000 you’ll pay 25% federal tax plus state income tax. When you start withdrawing money from your 401(k) or IRA you’ll be paying a third of what you withdraw in taxes.

You need to protect yourself because we’re headed to higher taxes.

Stay Tax Free Now & In the Future

Get your money out of your IRA or 401(k) with a strategic rollout to get your money into something that will be tax free from this day forward.

You cannot delay because the rollout process can take a few years to accomplish. Section 101(a) of the Internal Revenue Code has been around far longer than section 401(k) or the section that allows IRAs or 403(b)s or 457s.

Even tax professionals like CPAs and tax attorneys often don’t know about this grandfathered section of the tax code and how to use it correctly.

Get money into vehicles that will be tax free and inflation proof. Inflation is coming, don’t kid yourself.

Indexing to inflation means you tie your investment to things that inflate and you don’t lose a dime in inflationary times.

Otherwise inflation cuts the purchasing power of your dollar every 15 years at just 5% inflation.

You need to have a strategy that allows your money to grow tax free. One that allows you to access your money tax free. One that when you die, transfers your money tax free.

Many Americans with IRAs and 401(k)s are trying desperately to make up what they lost four years ago. During the “lost decade” people missed out on making a fortune.

Folks who used indexing strategies didn’t suffer when the S&P 500 or the Dow Jones fell.

Learn more about these strategies by meeting with a Missed Fortune advisor.

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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