If everything you knew about financial planning was wrong, when would you want to know the truth?

You’re here because you’d want to know as soon as possible. So let’s get started.

If you are in a 401(k), IRA, ROTH IRA, Variable Annuity, etc., then you’re being fleeced of two-thirds of your retirement savings.

Senator Peter Fitzgerald of Illinois said it best. “The mutual fund industry is now the world’s largest skimming operation, a $7 trillion-dollar trough from which fund managers, brokers, and insiders are steadily siphoning off an excessive slice of the nation’s household, college, and retirement savings.”
The late Jack Bogel, Founder of Vanguard, expressed it succinctly as well. “Do you want to invest in a system where you put up 100 percent of the capital, you take 100 percent of the risk, and you get 30 percent of the return?”

Fitzgerald and Bogel don’t even mention that whatever the system does not rob you of will be 100% taxable as ordinary income. There is also a high likelyhood that you will periodically lose significant portions of your savings, like so many did in the early 2000s and 2008. Despite what you’ve been told, that is money you never get back.

I’m not sure which is more diabolical: this systematic fleecing or the financial industry spending millions broadcasting misinformation to protect the $400 billion in fees it siphons annually from our accounts. By the way, that $400 billion figure only includes fees taken annually from corporate 401(k) accounts and does not include individual and other investment accounts.

The misinformation I speak of has one goal: to condition us to “know” that what the financial industry is peddling is a good deal. And it works. Here are three fallacies we “know” to be true:

  • We know that deferring our taxes is a good idea even though by doing so we could pay hundreds of thousands in unnecessary taxes during our retirement.
  • We know that the fees and expenses we’re paying are minimal, when the reality is the amount can add up to hundreds of thousands over our lifetime.
  • We know annuities are bad even though the US Treasury Department says,Americans should convert at least half of their retirement savings to an annuity.” Tony Robbins states in his book, Money: Master the Game, “The indexed annuity provides some of the highest and most compelling income guarantees of any financial product, while also providing 100% principal protection.”

Let’s face it: We’ve bought what Wall Street’s selling. Our naivete is going to cost us a small fortune down the road if we don’t wake up and take action.

Millions of Americans are being systematically duped out of the majority of our retirement savings. And yet, we seem to be paralyzed while taking it in the financial rears when we should be screaming at the top of our lungs, “THIS IS WRONG, AND I AM NOT GOING TO TAKE IT ANYMORE!”

If and when you reach that point, contact us. We’ll never touch a dime of your money, and we’ll never charge you a penny for our services. What we will do is teach you how to grow your savings free from market-risk and taxes as inexpensively as possible.

One last thing.  That voice you hear saying, “Grow your savings free of taxes and market-risk? That sounds too good to be true.” That’s what the financial industry has conditioned you to believe. You might want to ignore what they say for a change, and do what’s best for you.