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Safety of Principle

The Power of a Tax-Free Retirement

September 20, 2009

Podcast: Download (23.0MB)

Did you miss this week’s show? Doug Andrew discussed the following:

Attend our three hour event live over the internet this coming Wednesday, September 23rd at 5:30 pm Pacific/6:30 Mountain/7:30 Central: 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 online click here or call 888-76-Radio (888-767-2346).

I’ll be presenting LIVE in Salt Lake City, Utah at a special three hour event this coming week. 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:

Wednesday September 23rd at 6:30 pm Mountain (click here to register)

If you believe that future tax rates will be higher, you need to start taking control and start using strategies that will allow you to accumulate money that will be tax free when you go to use it.

Future tax rates will be higher! In all the books I have written, I talk about how you can crawl towards retirement in tax as earned investments such as CDs and Money Markets. You don’t want to crawl toward retirement!

The power of a tax free retirement. If you had a $1,000,000 earning 10% and were accessing your money tax free, you could withdraw 100,000 a year and have it last into perpetuity. It would never run out!

If you had to pay taxes on the money, you would have to draw out $150,000 to get $100,000 after tax. Your money is going to run out much quicker if you have to pay taxes on the back end. For those of you who are approaching retirement in the next 5-10 years, it is not too late.

Did you know there are three kinds of people in the world? The Strivers, who pay interest. The Arrivers, who earn interest. The Thrivers, those who pay some interest to earn more interest. They learn how to become their own banker. I’ve taught for 35 years how to pay off your home and become debt free the quickest and smartest way.

FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Doug Andrew, IRA, IRAs, Max Funded Insurance, MFTA Life Insurance, Missed Fortune Radio, Safety of Principle

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3 Simple Test for Determining Wise Investing

August 2, 2009

Podcast: Download (23.0MB)

Why I don’t own an IRA or 401(k) and never will

Did you miss this week’s show? Doug Andrew discussed the following:

We want to welcome KSL1160 and 102.7 in Salt Lake City, Utah and KNEW Talk 910 in San Francisco, CA to Missed Fortune Radio.

Economic booms and busts are as American as baseball and apple pie. In my experience, I believe we go through economic cycles every 8-12 years. During economic times like this year, watch what the herd does and don’t follow them. The media is part of the herd, don’t listen! No matter what government tries to do, there is no possibility of ever removing the boom and bust cycle of American economics.

What are the three simple tests for determining a wise and prudent investment? I call this the L.S.R.R. test.

1) Make sure you have liquidity. Can you get your money back when you need it back?

2) Is it safe or guaranteed? Is the principal safe so that no matter what happens in the economy you will not lose your principal? The people that followed the Missed Fortune strategies didn’t lose, even this last year. Did you know you can have your money liquid and safe at the same time?

3) They earn a nice rate of return that is tax free.

Why I don’t own an IRA or 401(k) and never will. I’ve always put my serious cash such as college savings, retirement, and home equity into investments that will accumulate money tax free. And then when I access that money it is tax free, including the gain. When I die it also blossoms and transfers income tax free. I make sure this money is liquid, safe, and earns a competitive rate of return.

Attend our three hour event live over the internet this coming Saturday, August 8th at 10 am Pacific: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register.

Three choices for your money: 1) Fixed Rate Instruments – Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products – These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) – This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Add new tag, Cash Value Insurance, Doug Andrew, Liquidity, Max Funded Insurance, MFTA Life Insurance, Missed Fortune Radio, Safety of Principle

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Companies are Born, Rise, Fall, and Die

July 26, 2009

Podcast: Download (23.0MB)

Did you miss this week’s show? Doug Andrew discussed the following:

We want to welcome KSL1160 and 102.7 in Salt Lake City, Utah and KNEW Talk 910 in San Francisco, CA to Missed Fortune Radio

Companies are born, rise, fall, and die.

Everything that the pundits on the left are pushing for is opposed to the dynamic way that America has worked for more than 23 decades. Without failure the culture of risk fades. Without risk creativity withers. The more government meddles in our affairs,the more everything will get fouled up.

What are the seven qualities that Americans have enjoyed that my friend Dan Sullivan calls The American Center? 1) Individualism 2) Ingenuity 3) Being Exceptional 4) Growth 5) Transformation 6) Winning 7) Transcendence

Why do Financial Advisors not want you to move your money? Did you know that most financial professionals only get compensated when your money is being managed by them. When you transfer money to safer places, they lose their compensation. That’s why they tell you to stay the course.

You need to get your money repositioned. One way to make this happen is through a strategic roll out. It could take you 10 years at 7% to make back and recoup what you lost in the market. If that really does happen, would you rather have that come back in a taxable or a tax free environment. To do this in a tax free environment, strategically roll that money out and put it into something that is tax free from today forward.

You do this in three steps 1) Transfer out the money and pay the taxes 2) Reposition the money in vehicles that are tax-free going forward and 3) Offset some or all of the income taxes incurred through new deductions or strategies.

Attend our one hour event live over the internet this coming Tuesday, July 21st at 11 am or 6 pm: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either 11am or 6pm. You can register here to attend live over the internet.

Three choices for your money: 1) Fixed Rate Instruments – Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products – These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) – This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Doug Andrew, IRA, IRAs, Missed Fortune Radio, Recession Proof, Safety of Principle, strategic rollout

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Liquidity, Safety, and Rate of Return

July 12, 2009

Podcast: Download (23.0MB)

Did you miss this week’s show? Doug Andrew discussed the following:

Let’s talk today about what you should be doing to take ownership of your future. What are the three essential elements to any type of prudent investment?

#1 Liquidity – Can I get my money back when I want it? People get into trouble when they don’t have access to their own money.

#2 Safety – Is it guaranteed or insured? How safe is it? No matter what happens in the economy, is your money safe? Many people who invested in traditional conservative investments like 401(k)s and IRAs have learned this lesson the hard way. Use financial vehicles that protect your money during hard times. Our clients, who have followed the Missed Fortune strategies, haven’t lost any money during this recession.

#3 Rate of Return – People generally will give up a little safety for a little larger rate of return.

Three choices for your money: 1) Fixed Rate Instruments – Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products – These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) – This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

Attend our three hour event live over the internet or in person in San Diego on Tuesday the 14th or Saturday the 18th: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either Tuesday’s or Saturday’s event. You can register here to attend live over the internet. Or, attend live in person if you are in the San Diego area (click here to register).

FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Doug Andrew, IRA, IRAs, Liquidity, Missed Fortune Radio, Rates of Return, Safety of Principle

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Protect Yourself from the Ups and Downs of the Markets

July 10, 2009

How can you have your money protected when the economy goes south? How do you insulate yourself so that when the stock market or real estate market goes down, you don’t lose?

These markets are like a person with a yo-yo going up stairs. Over the long term they go up (stairs), but there are ups and downs along the way (yo-yo).

Watch this video if you want to learn more about how to participate when the market goes up but protect yourself when the market goes down.

If you are reading this in email or RSS and cannot see the video, just click on the header to go to the blog to view it.

Tagged as: Real Estate, Safety of Principle, stock market

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Obama and Three Choices for Your Money

July 5, 2009

Podcast: Download (23.0MB)

Obama and Three Choices for Your Money

Did you miss this week’s show? Doug Andrew discussed the following:

Attend our one hour event live over the internet on Tuesday at 11:00 am or 6:00 pm Pacific: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either event on Tuesday. You can also register here on the web.

Rather than listening to what President Obama says, watch what he does over the next few months and the next couple of years. They are not congruent! As many politicians do, he says whatever he needs to say to appease the audience he is addressing. We’re in for a ten ring circus the next couple of years, with many more wild initiatives to come.

Take control and ownership of your future. Don’t rely on having the government provide your retirement or health care. It’s when we take ownership of anything that we take better care of it. When is the last time you washed a rental car? Do take better care of your home if you own it?

Three choices for your money: 1) Fixed Rate Instruments – Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products – These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) – This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Doug Andrew, Investing, Max Funded Insurance, Missed Fortune Radio, President Obama, Safety of Principle

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IRAs and 401(k)s Proving Not to Be Best for Secure Retirement

May 28, 2009

If you’re like many Americans, you may have seen 30, 40 or 50 percent 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.

As it is, recovering from losses can be tough. For example, when an account loses 50 percent of its value, the account has to experience a 100 percent gain just to get back to the break even point.

Say you had $100,000 in a 401(k) two years ago that is now worth $50,000. Your account would need to double to get back to its original value. In this volatile economy, that could take years.

Also, retirement accounts that were once worth twice as much and generated interest income of 7, 8 or 9 percent, are now worth half as much and are only generating 2, 3 or 4 percent.

But that’s not all to be worried about.

Despite all the recent losses, I predict it will pale in comparison to the tax hit retirees will experience the day they begin withdrawing their money from their qualified retirement plans.

I had a school teacher who came to me several years ago for financial planning. She knew she would only be receiving 60 percent of the income she had when she was teaching (2 percent for every year of 30 years of service).

Thus, she had socked away money faithfully in the state’s 401(k), 403(b), and in tax sheltered annuities (TSAs) to supplement her retirement.

But when she retired, she found herself in the highest tax bracket she had ever been in, even though she was not working.

Why? Her house was paid off; she was not contributing to these accounts anymore; and she had no dependents. Her tax deductions were all gone.

On top of her pension and social security, at age 70½ she was forced to withdraw the minimum distribution from her tax-deferred accounts. Her taxable income was $80,000 a year, with hardly any deductions.

All that money she had saved in taxes during her 30 years of contributions-she essentially paid it back to Uncle Sam during the first two years of retirement, and every two years thereafter!

You see, the government has a permanent tax lien on your IRAs and 401(k)s.

One thing is certain: Future taxes will be going up. For this reason, I don’t own an IRA or 401(k)-never have, never will! There are better ways to save and have tax-free income in retirement.

If you’re feeling confused and powerless because your IRAs or 401(k)s lost 20-50 percent during the last couple of years, leaving you frustrated-even feeling paralyzed-there are safe strategies and solutions that will help you get unstuck and get your future back!

Doug Andrew

Photo by mujitra

Tagged as: 401(k), 401(k)s, financial planning, Investing, IRA, IRAs, Recession Proof, Retirement, Risk, Safety of Principle, Saftety, stock market, tax deductions

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“So, Just How Safe is Life Insurance?”

May 26, 2009

With investing being more uncertain today because of banks closing, businesses shutting their doors forever, and despicable investors like Bernie Madoff no wonder one of the most asked questions we get is, “How safe is life insurance?”

Even insurance giant AIG has given the insurance industry a black eye. Insurance is the backbone of our financial system. But don’t take our word for it.

We could go on and on about the merits and safety of life insurance. Instead, click on the articles below for third party comments and praises…

Time Magazine, How Safe is Your Insurance Company?

Financial Advisor Magazine, Insurance As An Investment

The Street.com, What You Need to Know About Your Insurer

CNBC, Investing in Life Insurance

San Francisco Chronicle, How safe is your insurance policy?

The Columbus Dispatch, Insurance safety net backed by companies

Set up an appointment with one of our advisors to find out more how you can keep your money safe! If you already have an advisor tell them to contact us to find out how they can make your money safer than ever before! Call Toll-free 888-987-5665.

Tagged as: 401(k), 401(k)s, Cash Value Insurance, Doug Andrew, Economic Crisis, Economy, Financial Strategy, Global Economy, Investing, IRA, IRAs, Liquidity, Max Funded Insurance, Missed Fortune, Rates of Return, Real Estate, Recession Proof, Retirement, Risk, Safety of Principle, Saftety, Scott Reynolds, Social Security, Taxes, Universal Life Insurance

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Is Your 401(k) now a 201(k)?

May 24, 2009

Podcast: Download (23.0MB)

Is Your 401(k) now a 201(k)?

Did you miss this week’s show? Doug Andrew discussed the following:

We have four goals for each of you listening to Missed Fortune Radio. 1) Increase your money supply. 2) Create more and better benefits for you. 3) Eliminate unnecessary tax. 4) Be able to do all of this without increasing your cash outlay one dime.

How many of you saw your qualified plans go down in value these last couple of years? These plans for retirement use investment vehicles such as 401(k)s, IRAs, 457s, pension plans, profit sharing, 403(b)s, and tax sheltered annuities. Many of these plans are now half the value that they once were.

Traditional financial planning is giving the same old advice and strategies that they always have and we all know the kind of “results” this advice has produced.

Attend our Weekly Internet Seminar/Webinar: Don’t miss your chance to understand how to protect your money during economic crisis but get competitive rate of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either our 11am or 6pm Pacific event.

New FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, 403(b), 403(b)s, Doug Andrew, Financial Strategy, financial webinar, Government, indexing, internet seminar, Investing, IRA, IRAs, Max Funded Insurance, Missed Fortune Radio, Safety of Principle, Taxes, traditional financial planning, Universal Life Insurance

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Some People Did Not Suffer Any Losses

May 17, 2009

Podcast: Download (23.0MB)

Some People Did Not Suffer Any Losses the Last Two Years

We want to welcome new stations to Missed Fortune Radio:

KIOU in Shreveport LA, KLNG in Omaha NE WFAM in Augusta GA, WYYC in York PA, WNBY in Pensacola FL, WIJD in Mobile AL, WSKY in Ashville NC, KWDF Alexandria LA, WBXR in Huntsville AL, WCPC in Tupelo MS, WLMR in Chattanooga TN, KPRC in Houston, TX

Did you miss this week’s show? Doug Andrew discussed the following:

Recovering from losses can be tough when money is left in the market. Realize that when an account loses 50 percent of its value, the account has to experience a 100 percent gain just to get back to the break-even point. That could take years in this volatile economy.

Some investors who had $100,000 in the S&P 500 during the last 10 years saw their money grow, but then dissipate to $68,000. Had they used indexing, they could have had a current account value of $178,000.

Because of the overall response to our 3 hour seminar this last week held live in Salt Lake City, Utah and broadcast nationally over the web, we’re going to do an encore presentation this coming Tuesday, May 19th, from 5:30 PM – 8:30 PM Pacific

See Doug Live: Tuesday, May 19 in Salt Lake City, Utah 2009, . To attend by computer and phone (Click here to register). To attend live (Click here to register)

New FREE Missed Fortune E-book: Baby Boomer Blunders. 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 at www.babyboomerblunders.com

Tagged as: 401(k), 401(k)s, Cash Value Insurance, Doug Andrew, Life Insurance, Live Events, Max Funded Insurance, Maxiumum Funded Insurance Contract, Missed Fortune Radio, Risk, Safety of Principle, Saftety, Universal Life Insurance