IRAs And 401Ks are unreliable Retirement Income Generators And Don’t Work Very WellReview the following short video 'The Greatest Retirement Plan Of The 21st Century'. For more insight: CLICK HERE. There are many vehicles for people to generate retirement income. IRAs and Roth IRAs are common alternatives. A Roth IRA has benefits of not only income tax deferral but also tax-free income. Of course a Roth IRA has disadvantages including possibility of loss due to market performance (if using mutual funds, which is typically the case), and limitations as to how much one is allowed to contribute, if they are allowed to contribute all, due to income limits. When using the latest 21st century guaranteed no market-loss approach, the cash value buildup is not only tax free, but also protected from loss. You will get all of the benefits of a Roth IRA and more. The benefits include allowing people to contribute as much as they want to regardless of their income. THE SOLUTION:The 21st century guaranteed no market-loss approach will ensure financial security at or before retirement if something were to happen before retirement. It also has several additional benefits:
The 21st century guaranteed no market-loss approach credits interest using the Equity Indexed Strategy and not the performance of a group of mutual funds. Interest is credited based on the performance of the S&P 500 index (or some other major market index or indexes) subject to a cap on annual crediting (usually between 11-15%) as well as a floor of interest credits (usually 0%-2%) when the index itself has a negative performance. So when the index performs positively but below the cap, the cash in the account will be credited with that same amount of interest. If the index performs better than the cap, the policy would be credited with the interest amount subject to the cap. In years when the index is negative, the policy would be credited with the "floor" amount of interest but the cash accumulation does not go backwards due to the negative performance. For many people, a properly structured 21st century guaranteed no market-loss approach can be an attractive Roth IRA alternative and one of the best ways to prepare for a prosperous retirement. Review the following short video 'The Greatest Retirement Plan Of The 21st Century'. For more insight: CLICK HERE. Case Study – 47 year old FemaleAnnual Savings - $5,000 per year until age 70. This can be higher. There is no limitation on contribution. Projected cash flow at retirement (age 70) (Not guaranteed, but based on performance over the last 25 years) - $29,000 per year tax-free from age 70 to age 100 which can be used to supplement social security. ----------------------------------------------------- The Value In This Approach Is PhenomenalFor example: If she were to live until age 90 (which many people do today), she would have collected $29,000/yr x 20 yrs or $580,000 and still have a death benefit of $138,000 to leave to her heirs. Total monies returned - $580,000 + $138,000 = $718,000 Tax-Free Total contribution at $5,000/yr for 23 years - $115,000 AND If needed, you have a potential pool of money to help with long-term care Please note: PAST RESULTS IS NOT A GUARANTEE OF FUTURE PERFORMANCE. The 21st century guaranteed no market-loss approach is without a doubt the best retirement savings vehicle available and must be a included in a retirement income savings program. Statewide Retirement Planning Co. |
