From the category archives:
We often get asked, “If the Missed Fortune strategies are so great, how come everyone isn’t using them?”
Watch this brief video to find out:
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The stock market is a house of straw, real estate is a house of sticks. Doug Andrew and Missed Fortune clients put their serious cash in a house of bricks.
Do you know what that is and why Missed Fortune clients haven’t lost any money in the past two years?
Watch the following video to learn more:
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Doug Andrew was once meeting with three finance professors at a university. The professors were teaching all of their students to get 15-year mortgages.
When Doug asked why they recommended that, their simplistic response was that it saves people money on interest. Then, they reasoned, when the home is paid off they can put the money that was going toward payments into investment vehicles.
Doug quickly showed them why that was a huge mistake. The Missed Fortune formula would actually pay off a home quicker, while saving homeowners anywhere from $25,000 to $100,000 over the long-term depending on the size of their mortgage.
Watch the video below to learn more about this formula and how to avoid the $25,000 mistake.
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Podcast: Download (23.0MB)
This week Doug Andrew discussed the following:
Attend our free webinar live over the Internet this coming Tuesday, November 17th at 11:00 a.m. pacific (12:00 mountain, 1:00 central, 2:00 eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).
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.
Register now by calling 888-76-Radio (888-767-2346).
Just for registering you’ll receive a bonus e-book and audio book on the IRA/401(k) dilemma.
Furthermore, all attendees will receive a bonus 60-page custom financial report, which identifies where you are financially, then illustrates where you could be 15-20 years from now if you implement the Missed Fortune strategies.
On November 3rd, Daniel Gross with Newsweek published an article entitled “Stock Market Mysteries.” “If the economy’s stagnant, why are stocks up?” the article asks.
Mr. Gross points out that, although the “S&P 500 has risen 53 percent since the March bottom” and “the economy expanded at a 3.5 percent rate in the third quarter, unemployment is high, incomes are stagnant, and consumers are shaky.”
The article then explains the following reason behind this seeming contradiction:
“For much of the past two years, virtually all growth in economic activity has taken place outside America’s borders. As a result, U.S.-based companies are becoming even more reliant on non-U.S. customers and operations for sales.”
Furthermore, the issue isn’t that we’re exporting goods, but rather that we’re “making goods overseas and selling them overseas.”
So what does it mean for you? It means that we’re still in for hard times in America, regardless of a deceiving rise in the stock market.
It means that the government will continue printing money and raising taxes, which means your money will be worth less in the future and you’ll never be in a lower tax bracket than you’re in today.
So what can you do about it? Harness the power of the Missed Fortune strategies.
You can’t depend on big government to save you. You must act wisely to protect your money from inflation and taxation.
You need a strategy that will give you the following:
There’s only one place under the IRS code to get all these things, and that’s in a maximum-funded, tax-advantaged cash value life insurance policy.
Get started now with your private retirement planning strategy to take advantage of these exclusive benefits.
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 dollar doubling every period for 20 periods will grow to $1,048,000 if it is growing tax-free.
But if it’s taxed-as-earned, assuming a 25% marginal tax bracket, that money will only amount to $72,000. And in a 33% tax bracket, it would only be worth $27,000.
If that money grows on a tax-deferred basis, it will only be worth $666,000 when you withdraw.
It’s critical that you harness the power of compounding interest on a tax-free basis.
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Podcast: Download (23.0MB)
This week Doug Andrew discussed the following:
Attend our free 3-hour webinars live over the Internet this coming Tuesday, November 10th at 6:00 p.m. pacific (7:00 mountain, 8:00 central, 9:00 eastern), and Wednesday, November 11th at 4:00 p.m. pacific (5:00 mountain, 6:00 central, 7:00 eastern).
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.
Register now by calling 888-76-Radio (888-767-2346).
Just for registering you’ll receive a free e-book and audio book on the IRA/401(k) dilemma. All attendees will receive a free copy of Last Chance Millionaire, Doug’s New York Times best-selling book.
60 Minutes recently reported on an infuriating story entitled “Medicare Fraud: A $60 Billion Crime.”
The report explained exactly how the health care program “…provides a rich and steady income stream for criminals who are constantly finding new ways to steal a sizable chunk of the half trillion dollars that are paid out each year in Medicare benefits.”
“In fact,” the report continues, “Medicare fraud — estimated now to total about $60 billion a year — has become one of, if not the most profitable, crimes in America.”
When asked by correspondent Steve Croft why the fraud is so attractive to criminals, U.S. Attorney General Eric Holder responded, “Because I think it’s been pretty easy. I think that they have found a way in which they have been able to get pretty substantial amounts of money with not a huge amount of effort…”
Of course, that money comes straight out of your pocket and mine.
60 Minutes interviewed a fraud perpetrator identified as Tony who said that it was “real easy,” “…like taking candy from a baby.”
So answer this: If this is how the government is now managing Medicare, how in the world are they going to run nationalized health care?
The implications for you and I are simple: The more government gets involved, the more bureaucracy, inefficiency, and waste.
This means that our dollars will never be worth more than they’re worth today, and that you’ll never be in a lower tax bracket than you’re in today.
The Missed Fortune strategies provide a way for you to beat the government at the taxes and inflation game.
Specifically, our indexing strategy provides the following benefits:
Get started now with implementing these phenomenal strategies into your financial life.
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 free e-book now at www.babyboomerblunders.com.
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Podcast: Download (23.0MB)
This week Doug Andrew discussed the following:
Attend our free 3-hour webinar live over the Internet this coming Wednesday, November 4th at 5:30 p.m. pacific (6:30 mountain, 7:30 central, 8:30 eastern).
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 call 888-76-Radio (888-767-2346).
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. All attendees will receive a free copy of Last Chance Millionaire, Doug’s New York Times best-selling book.
Time magazine recently published an articled entitled “Why It’s Time to Retire the 401(k)” that essentially teaches what we’ve been teaching with Missed Fortune for over 35 years.
Consider these revealing quotes from the article:
“The ugly truth, though, is that the 401(k) is a lousy idea, a financial flop, a rotten repository for our retirement reserves…From the end of 2007 to the end of March 2009, the average 401(k) balance fell 31%, according to Fidelity.”
“In what must seem like a cruel joke to many, the accounts proved the most dangerous for those closest to retirement. During the market downturn, the 401(k)s of 55-to-65-year-olds lost a quarter more than those of their 35-to-45-year-old colleagues. That’s because in your early years, your 401(k)’s growth is driven mostly by contributions…But the longer you hold a 401(k), the more market-exposed it becomes.”
“…nearly 73 million Americans…now have a 401(k). And collectively we pour more than $200 billion into these accounts each year. But retire rich? Don’t bet on it. The average 401(k) has a balance of $45,519. That’s not retirement. That’s two years of college. Even worse, 46% of all 401(k) accounts have less than $10,000. Today, just 21% of all U.S. workers are covered by traditional pensions, and the number shrinks every year.”
It’s time to stop relying on the government to provide retirement for us. We can’t even trust their incentives. They give us a tax break up front but then get it back by taxing us when we withdraw our funds.
There is a solution to the 401(k) dilemma. It’s a product that guarantees safety of principal while providing competitive rates of return. It provides liquidity and flexibility. It keeps you away from the dangers of market volatility. Best of all, it provides both tax-free accumulation and tax-free withdrawal.
This product is a maximum-funded, tax-advantaged life insurance product that uses an indexing strategy to lock in your gains and prevent losses.
Everyone who has followed our advice has not suffered any losses, while those invested in the market have been devastated.
Our retreats help you optimize your assets, manage your equity, and empower your wealth.
Our next retreats are November 6th and 7th in San Diego, California, and November 20th and 21st in Salt Lake City, Utah. Contact us now to learn more and to register.
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 this free e-book now at www.babyboomerblunders.com.
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If you’re like many Americans, you may have seen 30, 40 or 50% losses on the value of your 401(k)s or IRAs in the last few years. But I predict the worst hit is yet to come — and it’s not what you think.
Watch this brief YouTube video.
If you are getting this feed in RSS or email and cannot see the video, please click on the header to go to the blog to view it.
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FACT: Every 90 days that go by without implementing the Missed Fortune Asset Optimization Strategies can result in a loss of $100,000 or more in future retirement resources for the average client when tax savings are calculated into the equation.
Why is that?
If you’re feeling a bit skeptical, that’s understandable. The average client who comes to implement the Missed Fortune Asset Optimization, Equity Management, and Wealth Empowerment strategies is skeptical at first, too.
New clients wonder how we can dramatically increase their retirement resources by repositioning assets (often those that have not been optimized) without increasing their outlay one dime.
The fact is, we do it all the time. That’s our unique specialty.
After people see the difference between the “darkness of the night” of their current retirement strategies, versus the “brightness of the day” of the Missed Fortune strategies, they are convinced to get in motion and get it done now.
Since it takes about 90 days on average to complete the True Wealth Transformation unique process, every month-every quarter-that slips by can result in a tremendous loss to precious future retirement resources, due to the time-value of money.
To illustrate, a typical client has some money accumulated in IRAs or 401(k)s that is not being optimized, and most will lose one-third of that value (due to taxes) when they retire and begin to withdraw money.
Many clients also have other non-performing assets such as CDs, money market accounts, and mutual funds that either have low yields, or may be volatile and unpredictable in growth. These accounts are often taxed-as-earned or tax-deferred, rather than being totally tax-free investments.
The average client also has a home worth about $250,000 - $300,000 with at least some equity in that home. Most people are anxious to get their house paid off and be “out of debt,” so they send extra principal payments on their mortgage, or they obtain a 15-year mortgage.
We show them a smarter, quicker way to get out of debt with successful equity management.
As you can see, most people are crawling, walking, or at best, jogging toward the finish line of financial independence, when they could be sprinting with Missed Fortune strategies.
With most clients, we reposition assets (between lump sums and monthly reallocation) during the first five years of their plan, which comes to a total of about $300,000 on average (some clients are substantially more, and some are less).
Over a 30-year period of a client’s life-for example, from age 35 to 65, age 45 to age 75, or age 55 to age 85-$300,000 has the potential of growing tax-free to a nest egg of about $4.4 million.
However, if clients delay starting their plan and that same money is put to work for only 357 months rather than 360 months, the account value at the same point in time down the road would be only about $4.3 million-a difference of $100,000! No big deal you say?
Well, an extra $100,000 can generate $666 a month of tax-free income for the rest of your life-or into perpetuity. And that doesn’t take into account the savings of unnecessary income tax you could realize by employing the Missed Fortune strategies sooner than later.
The greatest question is why wait? If you had a serious disease and could be cured if you saw a specialist sooner than later, would you rearrange your schedule and take off work to get treated?
Many people have a financial illness that we cancure and it’s far better to tend to it sooner than later.
If someone offered you an extra $100,000 if you would take a day off your regular job to work on something else, would you jump at the chance? Missed Fortune is giving you that chance.
Make getting started on your Missed Fortune True Wealth Asset Optimization plan an A-1 priority! It can pay you back with huge dividends in the future!
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