Tuesday, January 10, 2012
Monday, July 11, 2011
Ignorance Enables Corruption
–Ayn Rand, novelist & philosopher, author of Atlas Shrugged
Our society has passed the tipping point to where I believe Ayn Rand's statement 50 years ago has now come true. I think the reason is not so much the reluctance for to look at history but really it's the belief that the history we've been told is actually correct. What's really eye opening for me is the perspective from which history has been written and why our govt continues to approve textbooks that indoctrinates new generations of tax paying citizens who fail to grasp the money power system they've been born into and won't ever be able to comprehend.
For an additional article on the US Dollar and inflation, read what John Williams has to say. Click here.
Final note, it should be added that the title of this blog post comes from Steve Roeder, host of radio show Innovators Radio. I've heard him say it countless times. If you aren't connected to him on Facebook, do so. And if you aren't connected to me on Facebook, connect with my JLM Wealth Strategies page as well...
Tuesday, May 10, 2011
You Insure Your Most Valuable Assets. Why Wouldn't You Insure Your Retirement?
Most economists are saying that income taxes must rise just to pay off our national debt. Why would anyone take a tax deduction today at these historically low income tax rates, let your money grow tax deferred for a number of years, and then when you need your money in retirement have every dollar subject to income taxes? And the taxes due will most likely be on a larger sum of money and at a higher tax bracket?
The proper structuring of a life insurance policy provides substantial benefits over qualified retirement plans, such as:
- Eliminate market risk while enjoying guaranteed contractual growth
- Liquidity-- you don't have to wait until age 59 1/2 to access your money
- No forced withdrawals beginning at 70 1/2
- Virtually unlimited contributions
- A tax free death benefit paid to your heirs or named beneficiaries
- A TAX-FREE income at an age that you select.
This concept is not new. In fact the majority of Fortune 500 companies and major accounting firms use life insurance to fund their executive retirement plans. The key is having the right type of permanent life insurance and having a professional design the policy to eliminate as much as 70% of the commissions normally associated with these products. For more information, watch the video at www.CashValueBanking.com or request a free analysis by calling (925) 386-6639.