Slide 1: Simple Tax-Free Retirement Secrets Revealed
How to avoid the new retirement savings tax bomb (Simple Retirement book image)
Slide 2: What We’ll Cover:
Why 401(k)s and IRAs made sense 10/20/30 years ago and the 2020 law that changed
everything.
Why future tax rates will “skyrocket in the near future”, and why most brokers and advisors
aren’t talking about it.
Why taxes are on sale now, and why this a once in a lifetime opportunity to avoid much higher
taxes later.
The Rich Man’s Roth
Secrets of the ultrawealthy and biggest financial institutions that you can use too!
Slide 3: WHEN CONGRESS PASSED “THE SECURE ACT” ON DECEMBER 23, 2019 WE LOST THE DEAL WE
MADE TO SAVE FOR RETIREMENT:
1. We would save for retirement and get tax deductions for contributions.
2. We would pay back that tax but in small increments over our lives.
3. Any funds we didn’t use in our lifetimes could continue to be drawn by our beneficiaries over
their lifetimes.
Slide 4: Congress changed the rules in the middle of the game that many of us used as the basis of our
retirement planning 20 or 30 years ago.
Slide 5: Congress went looking for the low hanging fruit in our tax-deferred savings accounts.
Slide 6: Once again our tax system has penalized savers and that should be a crime:
“Favorable tax treatment isn’t a holy writ, but before saving money for decades in a special account,
people need to have faith that politicians won’t re-write the rules. Congress has shown how carelessly it
is willing to break it’s end of the bargain.” – Wall Street Journal (December 23, 2019)
Slide 7: On a scale of 1 – 10, how much do you trust Washington politicians to do the right thing with
your tax and retirement dollars?
Slide 8: WHY FUTURE TAX RATES WILL “SKYROCKET IN THE NEAR FUTURE”
It’s so crucial now at this time in history to pay attention to which way tax rates are headed so you can
plan accordingly.
(Hint: it’s not down!)
Slide 9: “I’m putting all my money in taxes – the only thing sure to go up.” – Henny Youngman
Slide 10: Historical Top Tax Rates:
1913: 7%
1918: 77%
1946: 91%
1963: 91%
1981: 70%
2021: 37%
Slide 11: (screenshot Image of: US Debt Clock.org)
Slide 12: “All debts must be paid” - Milton Friedman, Economist (image: quote picture)
Slide 13: Safety Net Federal Programs & Debt Interest Make Up Over 89% Federal Outlays
Slide 14: Who’s Going to Pay?
We are! The 50% of us pay 97% of all taxes – Tax Foundation.Org
Slide 15: (image od Suze orman) “If you think income tax brackets are not going to have to skyrocket to
pay for the deficits we have created in the future, I have a bridge to sell you.” - Suze Orman
Slide 16: Today’s New Normal YOYO Economy:
You need new tactics to avoid future assaults by Congress
Slide 17: Now Is The Time To Act and The Time Window is Short!
Slide 18: Let this motivate you to find alternative solutions – better solutions:
- That give you more control
- That give you tax-free growth & income
- That give you larger accounts for you and family in retirement
Slide 19: Three Ways To Pay Taxes:
Tax me now Tax me later Tax me never
-Savings, CDs - IRA, 401k - Roth 401k
-Mutual funds - Real Estate - Roth
-Bonds - Non-dividend stocks - Cash value life insurance
-Dividend paying stocks - Muni bonds
Slide 20: Tax Me Never: Roth vs Cash Value Life Insurance
Slide 21: Roth It!
-Roth 401k
-Roth IRA
“The Roth IRA is the single best gift Congress has ever presented to the American taxpayer”
– Ed Slott CPA
Slide 22: Roth Conversion
- The opposite of traditional retirement accounts
- Tax-Free Growth and Withdrawals in retirement – no RMDs.
- Why no stampede?
- The catch: pay the tax now upfront out of pocket
Slide 23: Secrets Of The Ultrawealthy: The Rich Man’s Roth
“It’s viewed as an insider’s secret for the affluent: a legal way to invest…all without paying taxes on the
gains.” - New York Times, February 9, 2011
All the benefits of Roth AND tax-free lifetime income AND LTC AND no upfront out-of-pocket taxes
Slide 24: The Super-Wealthy Don’t care About a Death Benefit - They Want a Place To Park Their Cash In
An IRS-Sanctioned Vehicle For Tax-Free Growth and Income.
Slide 25: Mystery Billionaire Buys Record-Breaking $201 Million Life Insurance Policy
Slide 26: Jim Harbaugh 2M/year Of Salary Into Life Insurance
Slide 27: Biggest Banks and Financial Institutions Tier 1 Capital
Slide 28: Slide 25: Not Your Dad’s Generic Cash Value Life Insurance Policy
- Cash value life for savings, not Investments
- Safe 5% dividends
- “Off the shelf” life insurance
Slide 29: The Rich Man’s Roth (That You Can Use Too!)
- Redesigned/Optimized For Growth & Income (SOLI)
- No tax on the growth of your investments
- No tax when taking income
- Any money left over for your heirs cannot be taxed
- Optimized For Income and Growth
- Unlimited deposit Amounts
Slide 30: Greatest Returns With The least Amount of Risk:
Market-Like Returns With 90% Less Risk
Slide 31: Too Good To Be True? No – Just Simple Math
(image of airplane)
Slide 32: Why Right Now?
(image: 401k no good and Biden 45% increase headlines from John’s webinar 40.07)
Slide 33: Q & A
- Insurance? Really?
- I’ve always heard insurance is a poor investment
- Why hasn’t my advisor mentioned this?
- Am I too old? “Sweet spot” for this planning: 59 ½ to 72
Slide 34: FREE TAX-FREE STRATEGY CHAT WITH CRAIG (image: Simple Retirement book and Companion
Workbook and MP3 player)
1. Go to: www.agewisefinancial.com/contact.
2. Click blue link: book chat on my calendar
3. Bonus #1: Simple Retirement Companion Workbook
4. Bonus #2: The Four Important Retirement Forms 99% of People Miss
5. Bonus #3: Simple Retirement Audiobook on MP3 Player
