From the category archives:

Health Care

Skip These Mistakes & Own Your Financial Future

November 6, 2011

Podcast: Download (22.9MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, November 8th 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.

Welcoming the Prospect of a New Painful Era of Self Reliance

ABC News recently reported on president Obama speaking at a San Francisco fundraiser warning that America was poised to enter a “new painful era of self-reliance in America.”

Do you know what they call people who rely upon themselves? Adults.

Taking ownership of one’s future is not only possible; it’s essential if we wish to be free to prosper. Aren’t we supposed to be self-reliant?

It’s not reasonable to expect government to pay off our mortgages, to pay for our healthcare or to pay for our kids’ college education.

If just 20% of the $3.6 billion in stimulus spending were instead given to employers to expand their workforces, it could have created a $50,000/year position for two years for every unemployed person in this country. Instead unemployment went from 7.2% to 9.2%.

We need to get out of the mindset that big government should be taking care of us. We need to take ownership in our future. Ownership makes great things happen.

When’s the last time you washed a rental car or changed the oil in one? If you own your residence, it’s almost certain that you’ll take better care of it than if you were just renting it.

Taking ownership and being self-reliant is the American way. This is especially true regarding our financial future. When we have incentive to take ownership of our own future, we can redirect otherwise payable taxes to causes you support.

These aren’t tax loopholes, they’re decades-old, grandfathered sections of the IRS code that even tax attorneys and CPAs are rarely taught in their training. These include section 163 of the Internal Revenue Code, which provides tax incentives regarding home ownership.

You need to take ownership in providing for your own retirement instead of counting on the government to provide it for you. After all, the government is still on the hook for $115 trillion in unfunded liabilities including Social Security and Medicare. They’ll gladly try to take care of your retirement, but you can do better.

If you take ownership of your own health or even caring for the poor, you get incentives in the form of tax deductions. All of this is possible if you understand legally how to redirect otherwise payable taxes to the causes you support.

So why don’t more people do it?

The problem is that we simply don’t know what we don’t know and powerful opportunities are missed as we follow the herd.

Seven Ways Most Financial Advisors Fail to Protect Their Clients’ Money

Here are seven things that more than 90% of financial advisors don’t know how to do to protect their clients’ money.

Give you guarantees with an upside potential. Traditional financial planning in this country usually gives you guarantees but usually without upside potential if the economy does well. Or they may give you upside potential without any guarantees if the economy loses. This is one of the reasons so many people lost a third or more of their IRAs or 401(k)s during the last decade. Missed Fortune Indexing strategies enable you to earn a predictable, conservative rate of return even if the economy loses. At the same time you can enjoy upside potential up to a certain capped rate of return when the economy grows. Few advisors know how this is done.
Protect you from loss of principal. The key here is not only to protect your principal you invested, but also in any year that you make money, to turn that money into new protected principal that’s not subject to loss.
Protect you from the effects of inflation. We’ve been fortunate for the past two decades to have inflation remain steady around 2-3%. But those days are gone and inflation is likely to rise due to the incredible amount of money that’s been and is being printed. This means that your rate of return must be able to outpace the rate of inflation, and most investment advisors don’t know how to do that.
Protect you from the danger of rising taxes. Most advisors simply hope that when the future arrives, you’ll find yourself in a lower tax bracket when you retire. But that often doesn’t happen for various reasons. Your dependents have moved out. Your home is paid off. You’re not only missing out on these deductions, but Congress is looking to raise taxes too.
They don’t know how to get tax-free returns rather than just tax-deferred returns. Most people are in a for a rude awakening when they see just how quickly taxes will eat up their nest egg as they’re taxed before contributing to their IRA or 401(k). They’re then taxed upon withdrawing their funds and taxed again when they try to transfer what’s left to their heirs. A better way is through investment vehicles that have been grandfathered for more than 4 decades and have been around a lot longer than IRAs or 401(k)s. They’re safer than municipal bonds and pay a higher rate of return than municipal bonds, plus they accumulate money tax-free and the money transfers tax-free at your passing.
Provide predictable rates of return. The stock market has only averaged a 3.83% rate of return for the past two decades. Trying to get an average return of 12% is just not realistic. But if you choose, you can convert all of your income to generate predictable rates of return of about 8% tax-free.
Help people get their money out of their IRAs or 401(k)s with the least amount of tax impact. This is where a strategic roll-out can help protect you from some of the tax-deferred woes by getting your money out of those IRAs and 401(k)s and into a vehicle that will allow it to grow tax-free.

If you’d like to empower yourself to learn how to overcome these common mistakes make by many tax planners & financial advisors, it’s time to learn more by visiting 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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Creating Certainty in An Uncertain Economy

August 21, 2011

Podcast: Download (22.9MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, August 23rd 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.

A Crisis of Confidence

The Rasmussen Report recently stated that 9% of Americans rate the economy as good or excellent while 67% say it’s in poor shape. It’s not exactly surprising.

But just 37% of those surveyed by Rasmussen say they have confidence in the stability of the U.S. banking system. That’s down from nearly 68% in the summer of 2008 and is the lowest measure of confidence recorded yet.

At a time when economists and others wonder if the U.S is about to enter another recession, most American believe the recession never ended. Only 13% believe the jobs market is better than it was a year ago while 50% say it’s worse.

It bears repeating that amidst all the talk of the debt ceiling and deficits and economic uncertainty, America does not have a revenue problem. We have a spending problem.

This means we need to aggressively go after ways to raise the revenue that’s being taxed and not raise the taxes.

The Bureau of Labor Statistics recently released data about the state of Wisconsin that shows that during the month of June nearly 18,000 jobs were created. Of those, nearly half of them were in the state of Wisconsin.

In fact, in the last 6 months, nearly 39,000 new jobs were created in the private sector in Wisconsin with nearly 14,100 jobs created in manufacturing. Wisconsin’s non-farm growth is nearly 2 times the national average.

Governor Scott Walker was interviewed by Fox News and asked what the secret is to how he’s turned things around in Wisconsin since he took office in January.

His response:

“We changed the business climate. When we said that Wisconsin is open for business back in January, we meant it. We passed major tort reform and regulatory relief. We reduced the tax burden of job creators, pulled away the state tax on health savings accounts, even created a new economic development corporation to show that when we said Wisconsin is open for business–it wasn’t just a slogan.”

“We didn’t wait 6 months or a year, we did it right away. On top of that, I think the fiscal reforms we put in place: taking a $3.6 billion deficit and turning it into a surplus, those are the things job creators are looking for. They want stability. They want certainty. They’re certainly not seeing it at the federal level, but they’re seeing it in Wisconsin.”

There are two key things that Governor Walker did to stimulate that turnaround.

He changed the business climate by empowering businesses to create jobs.
He reduced the tax burden on job creators.

He got government out of the way and that’s why Wisconsin is having success.

When asked what he recommended we do on a national level, Walker suggested the federal government get its fiscal house in order and get out of the way.

The Antidote to Uncertainty: Predictable Systems

If you wish to eliminate the uncertainty in your financial future, you need to learn Missed Fortune strategies that put you solidly in control.

If you’re feeling confused, isolated and powerless because of the economy, you need to learn how to create certainty in your life. Our confidence grows with our certainty.

Imagine knowing how to protect yourself from the danger of taxes going up by using sections of the IRS code that have been around for decades which enable you to accumulate your money safely, predictably and tax free.

Visualize the peace of mind that comes from linking the return on your money to those things that inflate when we experience inflation. It’s no secret that the federal government is printing money to help pay its obligations like Social Security, Medicaid and Medicare.

Even during times of inflation, you’ll still enjoy a rate of return that keeps up with or even outpaces the rate of inflation. But you’ll need to understand the Missed Fortune strategies that make it possible to do so.

When you’re positioned to beat the tax and inflation power curve, your money will be safely hedged against inflation and will remain tax free now and in the future when you need it.

With Missed Fortune strategies, you’ll also learn how to overcome the uncertainty and volatility of the stock markets so you don’t lose when the economy goes down and your money grows when it goes up. It’s called indexing and it’s a way to create the kind of certainty that makes all the difference.

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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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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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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Start Converting Your Money into Better Plans

March 6, 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, March 8th 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.

Capitalize On The Two-Year Window

We’re just beginning a two-year window in which tax rates will stay at current levels.

I want to empower you to take action during this time, because taxes will probably go up after this.

What makes me say that? The National Debt.

In the last two years, the National Debt has gone up $3.5 trillion. In the last four years, it jumped from $9 trillion to $14 trillion.

We don’t have a revenue problem in this country – we have a spending problem.

Last year, the Congressional Budget Office predicted that even if we slow down our spending, the average middle-income American will be paying 50 to 60 percent of their income in taxes by mid-century.

The cause? Health care legislation, barring repeal or some major changes.

Sooner or later taxes are going up. Even if they don’t immediately, you’re still paying more because the government didn’t increase the threshold based on cost of living.

Every dollar over $68,000 (for married couples filing jointly) or $34,000 (for singles) is taxed at 25 percent, not including 6 to 8 percent state income tax.

Basically every dollar over those thresholds will be taxed at 33 percent.

Americans who’ve put away money in IRAs and 401(k)s will see a third of their cash go to income tax.

I can teach you how to avoid what I call the tax and inflation power curve.

You have two years to start getting your money out of IRAs and 401(k)s and rolling them into safer, conservative plans.

Harness the Power of Indexing

I put my serious cash into vehicles that grow tax-free, stay tax-free and – when I die – transfer tax-free.

I think inflation is coming. Indexing allows me to have inflation help me instead of hurt me.

With indexing, you tie your money to the things that inflate. If the market goes up, you make money. If the market goes down, you don’t make anything, but you don’t lose anything either.

Many Americans saw their IRAs and 401(k)s lose 30 to 50 percent in 2008. A few years later, they’re not back to breaking even.

Folks who followed the Missed Fortune strategies have averaged 10 percent gains during the last four years.

IRAs and 401(k)s are not the best ways to save for retirement. Ask yourself if now’s the right time to roll over your money into better investments.

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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Avoid the Tax & Inflation Power Curve

January 30, 2011

Podcast: Download (22.9MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, Feb. 1st 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.

Protect Your Money Now While Tax Rates Are Low

Thank goodness we have a two-year window in which taxes will not be going up. Mark my words – they will probably go up after that.

Why? In four years, our National Debt has increased from $9 trillion to $14 trillion.

That’s an additional $5 trillion in debt that we will need to deal with sooner or later. The new healthcare legislation is on its way as well.

The Congressional Budget Office said that by mid-century, the average middle-income American will be paying 50 to 60 percent of his income in taxes. We can’t afford it.

Even if they don’t raise taxes in the near future, the government hasn’t increased the tax threshold.

It used to be that the threshold automatically increased based on the cost of living. Now, the government will take a quarter of every dollar over $68,000 for married couples filing jointly and over $34,000 for single people.

On top of that, 41 out of 50 states tack on a 6 to 8 percent state income tax.

So when folks retire and start withdrawing money out of IRAs and 401(k)s, they see a third of their money going to income tax.

They’d have to withdraw $150,000 a year to net $100,000. At that rate, your nest egg will dry up pretty quickly if you’re unprepared.

You have a two-year window to start getting your money out of IRAs and 401(k)s. You need to employ a strategic rollout and put your money into safe, conservative vehicles. These vehicles accumulate tax-free, withdraw tax-free and transfer tax-free.

The Tax and Inflation Power Curve

You must protect your retirement funds from what I call the Tax and Inflation Power Curve.

Higher taxes will reduce your savings and inflation will make your dollar worth less over time. I believe we’re headed for both.

Indexing protects me from inflation by tying my money to the things that are inflating.

With indexing, it doesn’t matter if the economy was what it was 10 years ago. If it went up and down in the meantime, I can show you how to make 8 or 9 percent – essentially doubling your money every 10 years.

You need to create your own economic stimulus and save yourself, because Big Government can’t. You need to know that IRAs and 401(k)s are not the best ways to get out of debt. You need to know that sending more payments to the mortgage company is not the best way to get out of debt.

Now is the time to convert your traditional plans to better vehicles.

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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Pay Taxes Now to Have More Money Later

January 23, 2011

play video Pay Taxes Now to Have More Money Later

Podcast: Download (0.0KB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, Jan. 25th 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 Bill Is Coming Due Soon

There’s been a lot of debate lately about the repeal of Obamacare.

While there are many reasons to oppose this flawed government health insurance law, it is important to remember that Obamacare is one of the largest tax increases in American history.

I’m not so sure we’ll see repeal. I think there will be changes, but one way or another, it’s going to be extremely expensive.

The writing’s on the wall. In the last five years, our National Debt has jumped from $9 trillion to $14 trillion.

The government extended the Bush tax cuts for another two years. When the cuts expire, it will be by far the biggest tax increase this country has ever seen.

Two things are certain. Taxes will be going up and dollars will be worth less.

You need to insulate yourself and your retirement funds from future taxes and inflation.

I can show you how.

Get Your Money Out of IRAs and 401(k)s

If you wanted to borrow a million dollars from me, you’d have two questions: When is the loan due, and how much interest will you charge me?

Would you still want to borrow the money if I said, “I’ll let you know when I want the money back, but be ready to pay at any time?”

Would you still want to borrow the money if I said, “I’ll let you know the interest when I ask for the money?”

Of course not. But that’s what most Americans do when they have IRAs and 401(k)s. The government is using you as their savings bond.

IRAs and 401(k)s are a good way to save for retirement, but they’re a far cry from the best way.

What about Roth IRAs? Roths are a better way to save, but a far cry from the best way.

The best investments will give you peace of mind during these troubling times and allow you never to outlive your money.

If there’s inflation, your money is tied to the things that are inflating.

Now is the time to start converting your IRAs and 401(k)s to safer, more predictable plans. Stop postponing taxes and get them over with at today’s lower rates.

Put your money into vehicles that grow tax-free, transfer tax-free and distribute tax-free.

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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Start Converting Your Money Into Better Plans

January 9, 2011

Podcast: Download (22.9MB)

This week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, Jan. 11th 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).