TAX FREE RETIREMENT!
What if there was a way to save for Retirement that is Tax FREE! There IS! It is a Non-Qualified (meaning contributions are made after-tax just like a Roth) Indexed Life (IUL) Private Plan approved by Congress and the IRS. But unlike a Roth there are NO income limits, and unlike it and other Qualified Plans (401k, 403b, 457, IRA, SEP, Keogh) there are NO contribution limits. Also, unlike a 401k, 403b and 457 there are NO loan limits and NO loan repayment required! There are NO pre 59 1/2 early withdrawal IRS and state penalties! There are NO age 70 1/2 mandatory distribution requirements! Just as importantly - there is NO Market Risk!
These are just a few of the many differences. It also does something unique NO Qualified Plan can do: with just one (monthly) contribution it can guarantee funding a lifetime of contributions and earnings for a survivor spouse -- Tax FREE!
"The power to tax involves the power to destroy."
Chief Supreme Court Justice John Marshall / 1819
TAXES
Ask anyone what they think is going to happen with taxes over the long-term and the answer is always the same -- "go UP!" They have to because (in part) the National Debt is the largest it has been since WWII -- and growing! Just when the largest generation in the history of this country (and the world) started retiring in 2008 -- and with Medicare and Social Security already technically "broke". This year for the first time, Medicare paid out more than it took in -- it is expected to be bankrupt in 2020. The GAO and experts like Alan Greenspan state benefit taxes MUST double or benefits must be cut in-half for Medicare and Social Security to stay solvent.
FORBES: The Deferral Tax Trap
"Do you really want all your liquid assets in 'Qualified Plans'? Federal taxes ... are comparatively low now ... and it seems likely taxes will climb. It sounds like heresy to workers who have been unremittingly lectured for the past two decades to save more in their IRA's and 401k's, ... but the truth is that there is such a things as too much tax deferral."
If you know taxes eventually MUST go up, does it make sense to defer paying that bill knowing it means paying MORE? And doing so on ALL the gains too?
With a Private Plan you pay the taxes at today's lower rate, and unlike a Qualified Plan you can withdraw your Retirement Income Tax FREE! And you can leave the remainder to your Heirs Tax FREE! This is the only plan you can save in that will allow you to eliminate Tax Rate Risk from your savings forever!
"There are two times when a man shouldn't speculate:
when he can't afford it -- and when he can."
Mark Twain
INVESTING
History shows that the best way to save for retirement is in the "market". Unfortunately many studies show actual net returns for the average person are only about 3% to 5%. This is why the experts say the best way to invest is in an Index Fund, and the index typically used is the S&P 500. $1 in the "market" on 12/31/1999 -- 10 years later on 12/31/2009 (net 3% [industry avg - Morningstar] yr mgt. and transaction fees) is worth only 45 cents today -- a NET IRR of -7.67% per year!
Albert Einstein stated: "Insanity: Doing the same thing over and over and expecting different results". It is time to try a different way! With a Private Plan, you can invest with returns linked to an Index Fund. Because your savings are NOT "in" the market, your account value does NOT go down because of drops in the market. That same $1 in a Private Plan today could be worth about $1.50! That you could access Tax FREE!
Rule #1: Never Lose Money
Rule #2: Never forget Rule #1
Warren Buffet
LAST Chance Retirement
This book will answer all your questions about what is an Indexed LIfe (IUL) Private Plan; the differences and many more benefits between it, a Roth and Qualified Plans, and:
Just as importantly, what makes this book unique is that the foundation to the answers to these questions is NOT based on why I think they should do this, BUT on what the "experts" say! The Book includes many quotes, articles, laws and irrefutable studies of recognized institutions, universities, financial and government policy experts to inform and validate why a Private Plan is a much better way to save for Retirement.
Regardless your age, this is a plan you need to do instead! WHY? A recent GAO report stated 37% of those age 18 today will reach retirement age with NO savings! Someone age 55 today has on average only $10,000 in savings! Someone age 65 today on average has enough savings to replace $4,400 annually, or only 9% of their income! 33% of today's retirees rely on Social Security for 90% of their income which on average for a couple, is only $1,500 a month!
Why is this a problem?
Middle age suicide in 2007 grew 20% to the highest in 25 years. The rate is highest for men, and peaks after retirement! Why?
The fastest growing age group filing for bankruptcy are those over age 65! Why? (see next for part of the answer).
It is estimated medical expenses for a couple age 65, for the remainder of their lives will cost $225,000! How will they pay for this?
The odds of a couple age 65 eventually needing to pay for one typical Nursing Home stay for 2 1/2 years, is 100%! The average cost in 2007 was $75,000 a year. Eventually 40% of those over 65 will need care for Dementia - the typical need is 7 years at over $100,000 year! Most people have NO plan to pay for this! What is your plan?
An IUL Private Plan can also create the wealth needed for these costs. But with the 'right' plan it can also include -- at NO additional cost -- a benefit to cover many of these expenses even with only a few hundred dollars saved in your plan! And with a Terminal illness diagnosis (2 years or less to live) a benefit of up to $1 million to use any way you want - including treatment to SAVE your life! By law, a Private Plan is the only savings plan that can include these benefits! It can also do something else a Qualified Plan, Roth, mutual funds or stocks by law cannot do: It can guarantee in the event of your premature death that the savings contributions will be funded until Retirement for a surviving spouse!
This is the tip of the iceberg of what you will learn! There are so many benefits to a Private Plan that to tell you about them all it turned into a 330 page book! This Retirement Plan is great whatever your age and current needs, just ...
DON'T wait until it is too late to learn how a Private Plan could benefit you -- it may very well be your "LAST Chance Retirement"!
"There are risks and costs to a program of action.
But they are far less than the long-range risks
and costs of comfortable inaction."
John F. Kennedy
