The Wealth For Life Blog and Podcast
Strategies for Tax Protection, Wealth Building and Income Planning$5.8 Billion in 401k early withdrawal penalties. Should companies provide a more liquid savings option?
The IRS collected more than $5 billion in 2011 from penalties incurred by taxpayers who withdrew money from tax-deferred retirement accounts before the age of 59 1/2. The people who pay the penalty include younger workers who switch jobs and don't bother to roll over...
The difference between whole life and indexed life policy loans
Whether you are trying to be your own bank or maximize tax free income, it is important to know the difference between loan provisions in whole life insurance and indexed life insurance. We also discuss what can go wrong with both types of policies. This video is part...
The difference between whole life and indexed life – video 1 of 2
What is the difference between indexed life insurance and whole life insurance? Which one is better for income? For guarantees? This video looks at guarantees, flexibility and upside potential of whole life insurance and indexed life insurance. You'll also see a...
Where is the economy headed?
Will the economy continue to grow or stay flat? We have compiled our top economic charts for the start of the second quarter. This should give you a brief over of what direction the economy should go. Key words "should go"! Listen to the show and view the charts we...
Economic Recap 1st quarter 2014
Here are some of the top economic numbers from the first quarter of 2014. In case you missed the headlines, here is brief recap of what has happened with the economy so far in 2014. In the second segment we will go over the economic outlook for the next 12-18 months.
100 years of the income tax
It is tax day! Here are some key takeaways from the graphic below: The gold bar is the tax rate paid by average Americans. The blue bar by the average CEO. There has been much more fluctuation on what high income earners pay vs. the average American. In 1980 income...
How to have confidence in a rigged market
What strategies can you implement to keep your money growing in a rigged market? This is part 2 of of our weekly radio show. If you missed part 1, here is the link: http://equity4profit.com/market-rigged-surprised-part-1/ We know the market operates the way it does....
The market is rigged! Are you surprised? Part 1
On this week radio show we discuss Michael Lewis's new book Flash Boys and the his claim that the market is rigged. Take our quick survey... [yop_poll id="2"] The U.S. stock market is rigged in favor of high-speed electronic trading firms, which use their...
Market trends and how they affect your wealth: Part 2 of 2
Strategies for long term bear markets to keep your wealth growing. Since we have seen how long bear markets can last and that most investors don’t have a 100+ year time horizon, we need to plan for bear markets that could fall into your peak saving years and income...
Market trends and how they affect your wealth: Part 1 of 2
Can your wealth survive a long term bear market? What are the odds this happens? History shows that the equity market enters long periods of high returns, followed by lengthy periods of lower ones. These periods are called secular trends. There are two kinds of...
Building income streams Part 3 of 3 – The myth of Be Aggressive
In this final segment we discuss how to take chunks of money you have saved and create income for life. The younger you start this process the better. The great fiction you hear from financial media is that when you are young you need to be aggressive. This is not...
Building Income Streams part 2 of 3 – Case Studies
Build income streams you can access before and after age 59.5. Also have multiple sources of capital you can access without restriction (like you will find in 401k/IRA). This can give you better access to your money to handle the ups and downs of life. In this segment...
Building Income Streams part 1 of 3 – Critical Planning Steps
Income planning is not just for retirement. What happens if you want to access your money early and everything you have saved is in a 401k? With the exceptions of emergencies you are stuck until you reach age 59.5 in most cases. What if you want to go part time or...
Wealth For Life Radio – Markets are high, now what?
Before the market crashed in 2008, very few in the financial media were recommending take your gains and go. The system doesn’t work that way. Today people are worried about losing what they have gained in the latest recovery. We will also discuss a recent article:...
Wealth For Life Radio – The myth of the “Retirement Tax Bracket”
Topics from this weeks show: Is there such a thing as a “Retirement Tax Bracket”? No there is not. It is important to plan for and remember that when you take money out of a 401k or IRA, 100% of that withdrawal is counted and taxed as ordinary income. The entire...
Creating tax free income with indexed life insurance
From one of our live webinars, this is the most complete overview of indexed universal life insurance you will find on the internet. Details of growth strategies, cost structure and case studies. Denver Nowicz is one of the top experts in the nation on indexed life...
Build income streams to create wealth for life
Building income streams is the "pension" type concept. Your financial life is much easier if you know 70% or more of your monthly expenses are automatically covered each month. Use safe and protected vehicles to create a lifetime of income with double digit growth...
Growing your money while protecting it from losses – Part II
Using the right type of indexed annuity or indexed universal life insurance policy you can protect your wealth from market downturns and have double-digit growth potential. This video shows how the interest crediting strategies offered by insurance polices compare to...