The Wealth For Life Blog and Podcast
Strategies for Tax Protection, Wealth Building and Income PlanningGrowing your money while protecting it from losses
This is a detailed look at how index crediting strategies work inside and index universal life insurance policy and how they can perform in up, down or flat markets.
The Great Annuity Deception
Annuities can be a great way to create income for life. But not all annuities are good and consumers are not being told about what can go wrong with the vast majority of annuities sold in the market today.
The 401k Tax Deception Part I
People have been told they can save money in taxes by maxing out a 401k or Defined Benefit Plan. These plans are not tax savings plans. You still have to pay the taxes in the future when you take out money. High income earners could end up paying more in taxes by...
Denver Nowicz – Background and Strategies
Here is a brief background of Denver Nowicz and his successful wealth building philosophy.
Radio Highlights: Indexed Life Insurance Critical Growth Factors
Topics and short clips from our radio show: Are markets going to keep rising? Strategies for up, down and flat markets. Indexed life insurance: The two most important growth factors. Indexed Life Insurance - Two most important growth factors from WealthForLife...
Creating Tax Free Income with Indexed Life Insurance
How to Create Tax-Free Income Having a tax free income source will give you better access to your money if taxes go up, and reduce the taxes you pay in the future on your retirement income. Indexed Universal Life Insurance is the premiere vehicle for creating tax free...
Financial Stress for Employees Impacts the Workplace
40% of Employees report they have financial stress. How does this affect business profits? Many employers may be surprised to hear that one of the biggest issues employees have is not job security, deadlines or a co-worker but their own personal financial stress. The...
Your tax bill: $321,050
Your tax bill: $321,050 If you are a successful professional or business owner and your goal is to retire with $100,000 per year in retirement income, this is roughly what you can expect to pay in taxes over the course of your retirement. (Let's assume you retire at...
Three Saturday Reads for November 16th
1. Grantland Channel: The Coach Who Never Punts 2. The Five Characteristics of Successful Innovators by Tomas Chamorro-Premuzic 3. ‘Managed futures’ fees wipe out investor gains by David Evans If you run across an interesting article, please...
Staying Healthy During Cold and Flu Season
This year it is predicted that there will be 1 billion colds and 95 million cases of the flu in the United States alone. While the misery of cold and flu season might be inevitable, one thing is changing: where we look for relief. One thing that has helped me stay...
How fees and taxes can make you run out of money
Fees and taxes on your retirement accounts can suck away hundreds of thousands of dollars. The impact is much larger than most people realize. This short video gives a quick overview and shows how to you can use indexed life insurance to reduce fees and taxes.
Indexed life insurance costs and charges
Topics and short clips from our radio shows: Indexed life insurance policy costs and charges. Setting indexed life up wrong can cost you. The costs going in give you tax free income for life. Total Time: 2min 8sec
Money and stress at the workplace
Financial stress at the workplace can cause a lot of problems. Reduce productivity, higher health care cost and increase absenteeism. It's important for business owners and human directors to understand the impact on their bottom line. I recently sat down with Scott...
What goes up, must come down
Many investors are feeling great about recovering what they lost in the market crash of 2008 and even the crash of 2001 to 2003. But a sentiment I often hear now from investors is "I've recovered what I lost and I don't want to go through that again. " There are...
How can business owners use indexed life insurance for tax free income
Topics and short clips from our radio shows: How can business owners use indexed life insurance Creating your own bank Liquidity and tax advantages of indexed life insurance Total Time: 3min 28sec
Where are we at in the Economy October 2013?
How does where we are at in the economy today compare to historical numbers? Are we are out of line or within historical ranges? In other words, should we be panicked or not… Click the image to view explanations of each segment:
Government Shutdown and the Stock Market
How will the government shutdown - debt ceiling debate affect the stock market and your retirement portfolio? It shouldn't affect it at all. If you are worried there are steps to take. He is a quick discussion on the issues: Equity Markets Shrug off Government...
Required Minimum Distribution Strategies
At the age of 70.5 the IRS forces retirees to withdrawal money from their IRA, 401k, SEP, 403b and defined benefit plans, whether they need it or not. For some people this can cause a lot of financial stress in the form of large tax bills. In this interview with...