Last week we held an online event revealing 6 Costly Retirement Plan Traps… and How to Avoid Them. Nearly 1,000 people attended.
Throughout the event, we took real-time audience polls and surveys, and the results were astonishing.
The Biggest Revelation Was that Most People’s Actions are in Direct Opposition to Their Beliefs!
Here’s what I mean by that…
- A whopping 93% of those surveyed believe that there will be another major stock market crash in the next five to ten years – or even sooner.
(I’m curious whether you agree?)
- Almost as many who responded – 89% – believe that tax rates are going UP over the long term.
So most people fear that another major crash isn’t too far off… and they think tax rates are going to be higher during their retirement years.
But take a wild guess: How do you think these same people are saving for retirement?
If you guessed that most of them rely heavily on stock market investments in tax-deferred retirement plans like 401(k)s, 403(b)s and IRAs, you got it right. That’s how 83% of people who responded save for retirement.
So what happens when your actions ignore your beliefs?
It’s kinda like believing in monogamy and cheating on your spouse—nothing good can come of it!
If you believe we’ll experience another major market crash, yet you’ve placed your precious retirement nest-egg in that same market, how well can you really sleep at night?
How can you wake up in the morning, look yourself in the mirror and say, “Yep, I’m doing the best thing for me and my family by risking most of our savings in a place that I believe will crash in the not-too-distant future.”
Maybe it sounded reasonable in the past to postpone taxes by putting money into a tax-deferred retirement account. But now you realize that taxes will most likely increase, and if you’re successful in growing your nest-egg and tax rates do go up, you’ll end up paying higher taxes on a bigger number.
So does it make any sense at all to keep investing in that tax-deferred account?
It once made perfect sense to put your loose teeth under your pillow. Now that you realize there’s no Tooth Fairy, do you still do it?
Of course not! At a certain point, it’s time to line up your actions with your beliefs. And if you want sweet dreams of a secure retirement rather than nightmares of not knowing what the heck you’ll end up with, that time is now.
The retirement plan alternative that gives you financial peace of mind for life
The Bank On Yourself method lets you know the guaranteed value of your nest-egg on the day you want to tap into it… and at every point along the way. These plans have NEVER had a losing year in more than 160 years – including during every single market crash, every recession and even during the Great Depression.
And you can access both your principal and gains with no taxes due, under current tax law.
Think about what that means…
If you put your savings where your account value will not go down… and where you can access your money with no taxes due… then your beliefs and your actions are in harmony, aren’t they?
You really can enjoy financial peace of mind.
Discover the guaranteed minimum value of your nest-egg
Why not find out how adding Bank On Yourself to your financial plan lets you sleep well at night? You can do it with absolutely no cost or obligation.
Just request your free Analysis and Recommendations here now, if you haven’t already.
REQUEST YOUR
FREE ANALYSIS!
That will also get you a referral to one of only 200 Bank On Yourself Professionals who have completed all the rigorous training and requirements… and who can answer all of your questions.
Your Analysis will reveal the guaranteed minimum value of your nest-egg on the day you want to tap into it. Once you see it, you’ll know if it makes sense for you or not.
If you like the custom-tailored Solution you’re shown, your Bank On Yourself Professional will help you implement it and coach you on how to maximize the growth of your policy.
And if it doesn’t seem right for you, that’s okay, too. No pressure and no hard feelings.
So just request your free Analysis right now, while it’s fresh on your mind, by clicking on this button:
REQUEST YOUR
FREE ANALYSIS!
I wish you financial peace of mind for the rest of your life!
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