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Missed Fortune – The Election Dust Settles – Now What?

Posted on | November 11, 2012

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What Comes Next?

With the election behind us, it appears that America is headed for another 4 years of slow or no economic growth. The likelihood of a double-dip recession remains high thanks to continued growth of the national debt due to years of unchecked spending on the part of government.

Over the past four years, more and more people have piled into the government benefits wagon and that has placed a heavier burden on the producers who are pulling that wagon. This means that the writing is on the wall for higher taxes to support the increased spending required for the growing dependent class.

Balancing the federal budget is simply not possible since, despite the IRS taking in nearly $2.5 trillion in tax revenue each year, this amount only covers the interest on the $16 trillion national debt and the entitlement payments to Medicare and Social Security recipients. This means that the remaining $1.3 trillion required to fund the operation of the federal government must be borrowed.

Even with the proposed tax increases that are on the horizon, more money is going out than is coming in and that is an unsustainable situation.

There are political leaders who still maintain that America is just one more good tax increase away from prosperity, but that’s just not so. The business owners that might have been planning on investing in their businesses and hiring new people will remain hunkered down rather than be punished for their success.

The money that could have been put to productive uses will instead be going to pay their higher taxes. This means that unemployment will remain high for the foreseeable future as well. Inflation is also likely to be a factor since the rate of inflation has been artificially kept low while at the same time money has been created to pay for these entitlements. This does little to promote economic certainty.

None of this should come as a surprise to anyone who’s been paying attention but it clearly underlines the importance of taking charge of your future without further delay.

Why Simply Survive When You Can Thrive?

This is not a time to get desperate. It’s a time to implement decades old proven strategies that allow you to thrive in the face of rising taxes and inflation and the jittery market.

An appropriate acronym for the challenges we face can be described as TIME. This stands for:

  • Taxes
  • Inflation
  • Market volatility
  • Economic uncertainty

TIME is also the subject of Doug Andrew’s soon-to-be-released book that teaches you the dream solution to eliminate these dangers. You’ll learn how to take charge of your own future instead of waiting for the government to take care of you in your golden years.

You’ll learn how to become immune to dramatically increasing taxes and how to protect yourself against the ravages of inflation as it shrinks the purchasing power of the dollar. Even more importantly, you’ll discover how to protect yourself against the continuing market volatility that lies ahead.

This is not about taking a gloomy view of our national economic situation. It’s about becoming empowered to protect yourself and the money you’re setting aside for your future. It’s a matter of becoming educated about very specific strategies that have provided proven solutions for decades.

When your money grows tax-free, thanks to being grandfathered under specific sections of the IRS code; when it remains tax-free at distribution; when your returns are linked to those things that inflation during times of inflation; and when you are benefitting from market growth but not risking your money by placing it in the market, you’ll clearly understand why these strategies are essential.

The only reason more people don’t use these Missed Fortune strategies today is that they don’t know what they don’t know.

If you’re ready to take the next step, visit with a Missed Fortune advisor today.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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