Chapter 1: A Conspiracy Is Discovered
Our financial decision-making process is greatly influenced by our core financial belief system, or subconscious. However, this financial belief system has been highly contaminated by years of internalizing advertising and marketing from the big financial firms. READ MORE…
Chapter 2: Ethics (or the Lack Thereof)
While it would be nice to assume big financial firms provide sage, prudent, and unbiased recommendations, their history has proven instead their lack of ethics and corrupt character. READ MORE…
Chapter 3: The Tax-Deferred Conspiracy – IRAs, 401(k)s, 403(b)s, 457s and Annuities are Tax Time Bombs
The over-promotion of tax-deferred retirement accounts is a conspiracy that benefits the big financial firms. The lack of liquidity in these plans is a trap that allows financial firms and mutual funds to continue to collect their management fees for longer periods of time. READ MORE…
Chapter 4: The Enemies of Building Wealth
Self-serving financial firms promote savings growth by recommending more money be managed in traditional ways such as stocks, bonds, and mutual funds. READ MORE…
Chapter 5: The Coming Tax Bomb
This chapter presented evidence of a dramatic need for increased taxes within the next few decades and proved with high probability that these higher taxes are coming. READ MORE…
Chapter 6: The Bogus Math of Tax Deferral
The choice between a Roth and traditional IRA depends on your anticipation of future tax rates. As detailed in Chapter 5, the extreme likelihood of much higher taxes in our retirement years means that the choice of a Roth retirement account should be considered. READ MORE…
Chapter 7: Other Tax Advantaged Options
Many people just automatically invest all they can into an IRA or 401(k) plan and count on that for providing for all their retirement needs, without realizing the significant shortfalls and limitations of such tax-deferral plans. READ MORE…
Chapter 8: The Holy Grail for Investment
A properly structured IUL life insurance plan can provide a superior long term investment performance that is isolated from stock market declines and comes with significant tax, liquidity, and retirement advantages. READ MORE…
Chapter 9: The Naysayers and Bad Press
The contrived negative press, criticisms, articles, and negative reviews on IULs are sponsored by competitors who conspire to promote misunderstanding about these important investment opportunities. READ MORE…
Chapter 10: Time for Tequila! The Incredibly Boring Details
Only an elite, experienced, caring, and highly trained insurance agent knows how to optimally structure a life insurance policy for cash value accumulation and retirement cash flow. Here are a few questions you may wish to ask your insurance agent. READ MORE…
Chapter 11: The Pension Election Dilemma – A Better Option
Electing to take the reduced employee pension is often not the optimal way to provide for a spouse. READ MORE…
Chapter 12: Are all Annuities Scams?
Most annuity sales are focused on the guaranteed income stream, and trick the buyer into thinking they are getting an investment return, instead of their own money back. READ MORE…
Chapter 13: What the Heck is a MEC?
A MEC can provide better tax benefits, provide faster and larger growth potential, and can be more liquid than an annuity. READ MORE…
Chapter 14: 529 Plans Can Increase College Cost
Both savings in the child’s name and in 529 plans can make college more expensive. It should not be surprising that government plans have such negative unintentional consequences. READ MORE…
Chapter 15: The Pathetic Qualifications of Some Advisors
There are many titles used in the financial advisory business that are not regulated, nor do they have any real credentials to support them. READ MORE…