Missed Fortune Super Blog

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Missed Fortune – Nothing Stands In Your Way

Posted on | August 12, 2012

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An Obstacle-Free Path to the Future

Because of the unique place where we are in American history, there are a number of financial obstacles that could potentially prevent us from attaining the bright future we’ve dreamed of.

These obstacles include higher taxes, rising inflation, and continuing economic uncertainty and market volatility.

Once we understand what these dangers are, we can take decisive steps to eliminate them and move forward toward that brighter future. When we take ownership of our future and make the right investments, we can stop losing sleep and start enjoying safety, liquidity and predictable rates of return. The proof in the pudding is found in the results of those who utilized the correct strategies, and saw their money grow more than two and half times, tax-free, in the worst economy since the Great Depression.

Before they could put the Missed Fortune strategies to work, however, they had to learn how to spot and reject the misconceptions about money that too many people still believe. For instance, if you’re a Baby Boomer and you had money in the market during the decade from 2000 to 2010, you likely saw the value of your nest egg drop by 40% twice during that time. That’s a tough hit to bounce back from, but there’s still time to reclaim your future.

You can still apply the right strategies to create greater safety, more liquidity and more predictable rates of return whether you’re about to retire or just retired. It’s not too late.

If whatever you have accumulated in your nest egg is not generating enough income to pull out 8-10% in annual income, net after tax, without depleting your principal, you need to learn which steps to take.

What You Do Know Doesn’t Hurt You

It’s amazing how many brokerage firms have been advised to counsel their retirees not to withdraw more than 4% annually. The reason for this is that according to DALBAR, the average mutual fund and stock market investors have only averaged 3.49% for the past two decades. You simply can’t get by on that.

If you have a million dollar nest egg, you should be able to withdraw $80,000-$100,000 per year without depleting your principal. This means that you’d need a $1.25 million nest egg just to generate $3,000 per month, net after tax, if all you are earning is 3.5-4%.

On the other hand, the people who have applied the Missed Fortune strategies have been able to not only withdraw 8-10% each year without depleting principal, but they’re doing it tax-free. If you’re still sitting there with money in a 401(k) or an IRA, you need to get that money out and strategically placing it into a vehicle where it can accumulate tax-free from that day forward.

Those who put off strategically relocating their serious cash will have every reason to kick themselves in just a few short years as taxes and inflation go higher and market volatility continues. The reason they’ll be mad at themselves is for letting their money remain at risk in market while their money’s tax-deferred status takes huge bite just when they can least afford it.

The vast majority of Americans who’ve kept their money in IRAs and 401(k)s are the same ones who feel like they’ve lost their future. That’s not a crowd you’ll want to be a part of. If you want different results, you’ve got to do something different than what the crowd keeps doing.

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

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