“The difficulty lies, not in the new ideas,
but in escaping from the old ones.”
John Maynard Keynes
“The General Theory of Employment, Interest and Money”
The Alternative IRS Approved TAX FREE Plan
for Educators to Save for Retirement!
Item #6 on Main Order page
(then #4 on Booklet Order Page)
DON’T BE PART OF THE LOOMING
BOOMER RETIREMENT CATASTROPHE!
Putnam Investments Retirement Survey 2005
“A majority of retirees said their BIGGEST MISTAKE
in planning for life after work was failing to invest in
TAX FREE accounts.”
A 403(b), 457, IRA & SEP are
NOT Tax Free.
A Private Plan 7702(a):
it IS “TAX FREE”!
Qualified Savings Plans are a Failure because of Deferred Taxes, Investment Costs & Stock Market Losses!
The TOTAL Return of the “Stock Market”
the past 9.2 Years
(1/1/2000 to 3/9/2009) =
AND LESS -1.5% year
(or more) in FEES =
But if you also factor in the LOST Opportunity Cost of 7% per year
(less 1.5% yr in fees),
savers expected today to have $1.63 per $1, not 40 cents.
Just to get back to 0% loss you have to earn 150% overnight!
(-60% + 150% = 0)
To make up lost opportunity too you have to earn 307%!
This is NOT what BOOMERS wanted/needed the decade
before they started to Retire!!
IT’S TIME TO TRY
To Order click on the Order Tab in the column
on the left or the link at top of page.
Do you really want all your liquid assets in your 401(k), 403(b) and IRA?Are you sure how it will be taxed years hence?
"Over time most families could end up with nearly all their financial assets in tax-deferred accounts. All that deferral works wonders if you or your heirs withdraw money decades hence at the same or a lower rate than you would have originally paid.”
“But federal taxes on salary and other ordinary income are comparatively low now. The top marginal rate is just 35%; Considering the current budget deficits and the coming bulge of retirees who will run up Medicare and Social Security costs, it seems likely taxes will climb ... every penny you eventually take from a pretax 401(k) or a deductible IRA is taxed at the much higher ordinary income rate.”
“It sounds like heresy to workers who have been unremittingly lectured for the past two decades to save more in their IRAs, 401(k)s (and 403(b)'s), … but the truth is that there is such a thing as too much tax deferral.”
"It ain't what you don't know that
gets you into trouble.
It's what you know for sure that just ain't so."