By simply picking investment and savings vehicles with low expenses, you can outperform traditional Wall Street investments by as much as 2.5%, year after year based on industry averages. When you compound that out over a lifetime of saving, it makes a significant difference in your retirement nest egg.
An annuity is a low cost investment that will yield a very competitive rate of return that you can’t outlive. They can be designed to pay out over multiple lives so that both you and your spouse need not worry about running out of income. They can even be designed to pay the remaining balance to another beneficiary upon the death of the original annuitant. It’s a very flexible and customizable product.
Permanent life insurance policy loans give you the ability to access all of the gains on your cash value with no tax penalty. For all intents and purposes, it looks like and smells like a tax-free distribution from your policy.
Do you know how to calculate the return on an investment (ROI)? Most people know how to calculate an ROI. It’s pretty simple math. Where most people make mistakes is when they try to convert their nominal return to an annual number.
Each of the following financial alternatives offers superior risk-adjusted returns. If you’re tired of earning next to nothing on your money, take a look at these three ideas for putting your money to work: 1) First Position Commercial Mortgage Notes; 2) Merchant Cash Advance; and 3) Structured Assets.
Both Whole Life and Indexed Universal Life make great platforms for what I’ll call “Micro-Banking”. Each has advantages and disadvantages but it comes down to the client’s comfort level with the mechanics underneath the hood of each policy.
People save for retirement all their lives. They do it through 401(k)s, IRAs, SEP, SIMPLE, pensions, annuities, real estate, and life insurance. But at retirement, it’s time to stop putting in and start taking out.
Every dollar of principal that you pay down on your mortgage is a dollar that is now trapped in the house earning a zero percent rate of return and contributing nothing toward your retirement.
Retirement Myths A big part of my business is helping sophisticated real estate investors learn how they can accelerate their wealth building by leveraging high cash value life insurance policies to invest in real estate. One of the first things I have to do when I’m talking to someone, is deal with these five common […]
It does not make good financial sense to pay off mortgage loans early to build up equity. Proper debt and equity management is the core of your retirement nest egg. Most people retire with two main assets: a home that is paid-off and their life savings. Only one of those can pay the bills and put food on the table.