How Do We Create Wealth?

How do we create wealth in today’s society?

Do you ever wonder how the rich get richer?

It is a very uncomfortable topic. Most people do not understand the concept of the vehicle that can work for anyone, not just the rich. This may be a surprise to you.

It’s called CASH VALUE LIFE INSURANCE!  You can deny it all you want but it is a fact. Just ask Warren Buffett, Bill Gates, and Ben Bernanke. Buffett put a billion and a half dollar policy into the Gates Foundation and nearly doubled his money, tax-free.

The media makes it look like it’s just a contribution of wealth to the Gates Foundation; however, this is how wealth breeds wealth in simple terms.

Not to fret. Most of us are under-educated in just how a plan like that works only because it’s not generally taught to us. While it is important to have a variety of investment type vehicles, why not utilize a plan that can give you growth, reduce your future taxes and allow you to use your money for the rest of your life? There is more. It gives you Liquidity and you can leave money tax-free to your family, charity or business.

Fact or Fiction:

Did you know insurance is one of the SAFEST places you can put your money?

Fact! If the government fails, insurance companies will still survive.

We are taught to put our money in the most volatile of situations including government plans or, even an extremely low growth plan like a cd, short-term bond, money market or bank account.

 Living in the “When I Have More” and “I Can’t Afford To” mentality doesn’t work. We actually CAN create a better future for ourselves financially. I’m here to help. Are you ready? Join me at Blend2Day.com

The Power of 10

With so much conversation about money and ideas on what and where to put it, do you ever just want to ask the question, can you HELP me?

Then we start talking about it to friends and now as a group, we are all the expert.  Sometimes with everyone acting as the expert sharing what they thought did or didn’t work, has now become more like the old game we played as kids called “Telephone.”  The words passed from ear-to-ear change and ultimately the information is incorrect. We may hear about someone’s unfortunate outcome with an annuity. When the person was actually put into a plan that wasn’t correct for them in the first place. They only know the pain of their particular experience. After hearing all of this you now become mentally paralyzed.  In reality, there are some great annuities that will pay you for the rest of your life and can be transferred to a beneficiary:  Win-Win.

Example: An income of $100,000

How about that saying of putting 10 percent of your money away annually for retirement?  Let’s put away $833 a month for the next ten years.  It almost seems unattainable. First reaction, “Oh my gosh, are you kidding me?”

Now if I say to you, let’s create a plan for ten years based on your income of $100,000 and fund it with $10,000 annually with guarantees that you will not only have growth capped, meaning that there will be a ceiling and a floor so that you never lose principle. Growth is compound and guaranteed; one that will offer you a larger amount to pull from in case of an emergency, will reduce future taxes and pay you a tax-free income for life. WHAT WOULD YOU SAY?

We need multiple streams of income going forward. Are you ready?