Guaranteed income for life at NO cost

 

Never bet against America

Warren Buffett: Never bet against America; nothing can stop this nation. The stock market is having a sale. Everything is reduced 13%-20%. In the past, almost every time the market was down, it came back up the next year:

2018 down -4.41%  2019 up 31.74%

2015 down 1.31  2016 up11.93

2011 down 2.07  2012 up 15.88

2008 down -37.22  2009 up 27.11

2005 down 4.79  2006 up 15.74

2002 down -22.27  2003 up 28.72

1994 down 1.19  1995 up 38.02

Unless you speculate, play the market, or time the market, you can put time and the Miracle of Compounding on your side. Over time, you earn 11% in a low-cost market index fund. And now you can make it tax-FREE for retirement.

You only have to be patient: https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513

 

Some economists predict recession

What kind of portfolio is best during our current special circumstances of recession and inflation and worldwide supply disruption? There is no easy answer so our best position may be to stick with a balanced mix of equities and debt. Most of my readers are sticking with the low-cost funds tracked by Vanguard’s Target Date offerings. Some retirees are relying on the blend of Vanguard’s Wellesley Income Fund with 60% bonds. Relying on low-cost investments makes sense since they prefer to limit their costs during a period of uncertain investment gains or losses. Some more adventurous investors are sticking with the 10 choice funds they have relied on for 10-20 years. We call them the Vanguard Top Ten. They include Energy, Health as well as large and small caps at a reasonable cost.

Low-cost beats high-cost: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

What is the minimal amount needed to get an advisor’s help?

In 2018, we needed help in creating a financial plan. We needed to know whether we would have enough money to fulfill our goals in retirement. We still had a mortgage so we wanted to know if we could stop working. Did we need to keep working to pay off the house? We needed to know if we would have enough income to live after retirement and take a vacation. We needed to know if the assets we owned would provide enough income from the IRS’ required minimum distributions. Since we had to take our RMDs and pay taxes on that amount each year, would we have enough to live on? Could we take out more for special events like a new car, vacation and emergency medical procedures? We interviewed three advisors in the area. We were declined by each because we did not have assets worth over $1 million. Advisors usually take 1-1.5% of your assets. They need at least $10,000 a year to answer our questions. I asked one what she recommended to get help with a plan. Luckily she told me about a financial planner nearby. We met and provided reams of financial information to the planner. She completed a respected software program that made estimates of our income and expenses to age 95. It showed the probabilities of making our goals and income and expenses each year. It provided the answers we needed. Probabilities are not guarantees so we kept our assets working for growth and income so that we maintain a margin of error in case there is a long recession. We paid less than a $1,000 for a 50 page plan and 2 face to face meetings. We are happy not to have to pay an advisor for the next 30 years: $300,000 saved for more vacations.

Avoid the fees: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Tax deductions you can take to lower taxes

These are ways to reduce income and thus tax without itemizing. The standard deduction was increased to $12,950 for single taxpayers and $25,900 for married couples filing jointly. Charity cash gifts up to $300. Contributions to IRA for each of you up to $6,000 $7,000 for ages over 50. Contributions to Health Savings Account but you have to use a high-deductible plan. Student loan interest. Educators for supplies. Alimony for some. Self-employed health insurance premiums. Other deductions available:

Child tax credit.

Child and dependent care tax credit. ...

American opportunity tax credit. ...

Lifetime learning credit. ...

Adoption credit. ...

Earned income tax credit. ...

Some readers don’t take the IRA retirement deduction now so they can avoid taxes on their retirement income in retirement. They use a Roth IRA—a tax-FREE account for working people. They create a ‘Wealth Reserve’ for life.

https://www.amazon.com/Your-Wealth-ReserveTM-Tax-FREE-Investment/dp/1484954882

 

Guaranteed income for life at NO cost

Annuities cost a lot. There are 5 to 8 fees charged by an insurer and their agent to guarantee your peace of mind income. Most annuities will provide a monthly income for your life and your spouse. For an extra fee or higher cost, they will provide a COLA cost of living increase so that your purchasing power is not decreased over time. This is important since inflation of 3% can rob you of HALF your purchase power in 20-25 years. There are better solutions for maintaining a guaranteed income. First, Social Security will increase your income based on inflation rates. In 2022, recipients have an increase of 5.9% in benefits. If you waited to age 70 to start SS benefits, you have a very good low-cost annuity with COLA for the rest of your life. Second, if you have an IRA, pension, or other tax-advantaged account, you will be forced to take withdrawals and pay the taxes due each year. For most of us, this means taking an annuity-type payment stream for the rest of our lives. Because the amount is recalculated each year, over time the amount stays ahead of inflation since our principal is still invested. Third, for some, this means heirs can continue the income payments until the principal is exhausted. If your IRA, pension or other account has been invested with a large mutual fund family like Vanguard, you are receiving payments correctly calculated free of extra charges.

Go low-cost annuity: https://www.amazon.com/What-your-RMD-much-spend/dp/1718946716

 

Have you taught your child how to make tax-FREE money?

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to use low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Trump/Tucker sorry Fox folks killed by Putin?

 

Trump: dictator is ‘genius’ bombing kids

 

 

How Govt wastes our money:

IOWA cancels teacher education training on race and equity

Congress sides with Big Pharma: we owe $195 billion medical debt: 90% has insurance?

IRS auditing poor to collect $100; let rich avoid $1 TRILLION taxes: we lose $1 Trillion

 

How Congress decides: Industry spent $3.7 billion as 3,700 new orgs join; Reps avoid us

TX judge temporary stop to state charging gender-care parents with child abuse: violates Title VII

We taxpayers support a agribusiness subsidy that helps Putin: Congress takes some for its own

Interest rate hike: do they really stop inflation this year? Car home loans now

 

Will Biden let Putin use limited nuclear in Ukraine? Is that the trigger that gets no-fly zone?

Biden offers new military aid to Ukraine Wed 3/16, including anti-armor and anti-air systems

 

Does Putin have a general who will stop him from starting WWIII like Trump’s general Milley?

Biden secret forces help destroy Putin’s forces: US helped Afghan fighters kill Russians before

 

SCAMS/SPINS:

TX GOP makes sure 10,000 votes not counted: voting machines have no power!

27 states considering 250 bills with restrict­ive provi­sions: TX already cut Dem ballots

Stacey Abrams voter turnout effort grows NC, Native Americans counter suppression

 

NC GOP calls Zelensky a ‘thug,’ Ukrainian government is ‘incredibly evil’

Putin requires all Russians watch Tucker of Fox for daily ‘truth’

Putin did not learn from Afghanistan, Vietnam, Hitler: guerillas fight forever

 

Women are going back to Ukraine to face Putin: brave women subverted Hitler too

 

Mario E. Rivero Jr. NJ caught stealing $680,000 promising higher gambling returns

Goldman Sachs caught: hedge funds loan cash to Russian firms’ debts: 100% profits

BMW recalling over 1 million vehicles for rare fire event

230 Hertz customers say they were falsely arrested: system glitch now your problem

 

Russia invasion disrupts supplies: food, fertilizer, neon gas, chips, etc

Zelensky “Remember Pearl Harbor” Biden: Putin is “war criminal” but still has yacht

 

How the sick folks mislead others: everyone wants to be noticed: 1 minute fame

Scammers watch list: potential or confirmed misconduct groups

Fake messages: what they look like: how to tell the real from the fake

 

Fake reviews: tips on how to spot a product review paid by the product

Celebs mislead or faked in scams for Keto and other weight loss claims

How money is driving democracy from our local gov: Shasta Co goes right

 

Car repair scams: estimated price of repair: get 3 bids on big jobs

Ford sells Explorers without all its chips: no heat no cool etc missing non lethal chips

Tesla, GM sell without chips too: no radio, charging,

Your next car comes with a virtual reality entertainment system. Walking dangerous!

 

Oil producers say it is not right to condemn them for gouging profits when they can

War machinery goes to double shifts: everyone is buying more killing machines from US

 

Most LAPD officers who break deadly force policy in shootings avoid serious discipline

OH open season shooting without permit, training: NRA backs Gov for more shootings

 

New variant in China doubles infected in 24 hours: keep masks available: 990,000 deaths

Better safe than sorry: 4 free tests at home https://www.covidtests.gov/

 

Jobs

Lawyers in Flint water poisoning get $180 million: Flint residents get peanuts

Tractors that plow all night: driverless Deere work with AI GPS no pedestrians

School jobs hit hard by pandemic/changes

 

Who owns your account now?

Your estate plan may need an update if new IRS rules begin this year

MGM movies to Amazon: Jeff can watch James Bond all day

 

Miracles:

American volunteers to assist Ukrainians despite risks: freedom important

A dog that was given up on and she’s changed so many people’s lives.

‘Drug factory’ implants successfully cure certain cancers in just 6 days!

 

Slow the aging process with habits and probiotics and phytonutrients

England pays to house Ukraine refugees who can stay for 3 years: 44,000 volunteer

101 year old surgeon going strong: 44 year old Tom Brady can’t sit still in stands

 

Convoy of volunteer Spanish taxi drivers with Ukrainians arrived in Madrid from Poland

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

 

Why are more people moving their money to Vanguard?

 

Why are more people moving their money to Vanguard?

Vanguard has taken in every 1 in 3 dollars in 2021. Folks are realizing that paying advisors a big chunk of their earnings every quarter over the 20 to 30 years of investing means they are giving away over 50% of their money. For the average investor contributing $3,000 a year or more, that’s over $250,000 to $400,000 total fees. That means those who pay an advisor are ending up with $400,000 instead of $800,000 or more. When we start out investing and paying 2% of our $3,000 for “personal portfolio guidance,” we feel good we are getting a good deal. However, later, we don’t realize that 2% of AUM “assets under management” as they call it, takes $8,000 to 16,000 every year. Advisors are not required to tell us what their fees will cost us over time. If we earned $200,000 like we did in the market last year, we don’t mind giving up $16,000. However, in 2022, the story will be very different. We would still have to pay the $16,000 even if our advisor did not increase our account one PENNY. Many folks have learned that COSTS matter: 3.79% vs 11%. The best predictor of investment success is cost. Earn 6% pay 2%; inflation takes 3% so keep 1%.

Keep more: https://www.amazon.com/Best-Predictor-Investment-Success-Cost/dp/1502524082/

 

 

Which market sectors will help your retirement income?

Wouldn't it be great to find just ten mutual funds you could count on for your whole life? Think of it: Ten funds that earn over 10% a year that you could keep investing in from your youth and use for income and growth in retirement for the rest of your life. You wouldn't need a broker since you wouldn't be selling and buying 'hot' securities. You wouldn't need to worry about what the market was doing at any given time. You wouldn't need to worry about buying the next Apple or Google—you own them all. You wouldn't need to worry about having enough in retirement. The facts are in: 1. “The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett 2. Buffett also said: We continue to make more money when snoring than when active. berkshirehathaway.com/letters/1996 And "My wealth has come from a combination of living in America, some lucky genes, and compound interest." 3. The average investor earned just 3.79% while a stock market index earned over 11% over the last 30 years DALBAR’s annual Qualitative Analysis of Investor Behavior 4. Morningstar proved that Wall Street is wrong: “In every single time period and data point tested, low-cost funds beat high-cost funds.” What does Buffett recommend we do? He told Reuters: "A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money." Mr Buffett's strategy of patience has proven to be the most successful. He recommends using Vanguard funds. It takes 1 hour to set up an account for each of you. And your income can be tax-FREE!

https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

$73 Trillion of wealthy-people money is never taxed

We will have to pay their taxes. The top 1.5% families will enlarge the wealth gap between us and their kids and it will be done tax-FREE. The middle class will shrink even more. Our reps have not been able to get Congress to reverse the 2017 fundamental tax change. The promise of America as a ‘class-less’ society ends with the return of the Gilded Age. In some cities, they have already started to “de-annex” their gated communities. Revenue collected from the estate/gift levy plunged by more than half in the span of two years, with just 1,275 families paying $9.3 billion in 2020, according to Internal Revenue Service data. Grantor trusts exploit a long-standing loophole that House Democrats had proposed closing before the provision was deleted from the Build Back Better package. Since the Trump/GOP tax breaks, the national debt has not been reduced as promised by increases in national production/investment as promised. The increase in wealth of the top 1% families will not be captured. The debt will be passed to us the remaining tax payers. The rich get all the tax breaks: Socialism for the Rich. We have one way to avoid having to pay their taxes in the future.  

Use the only legal tax haven: https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441

 

 

Have you taught your child how to make tax-FREE money?

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to use low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

How to invest in uncertain times: war, inflation, job changes

When will life get back to normal? Well it might not happen soon or ever. Paid forecasters and money managers always have an answer but we know down deep there is no correct answer. This means we have to be ready for whatever happens. When markets are volatile and high earnings are not assured, we have to control what we can control. We can control what we pay for a stock or stock or bond fund. We can control how much to pay for transactions. We can control what we pay for advice if we need it. Over and over, those unbiased folks (not salespeople) tell us that frequent trading—trying to time the market for better results—does not work. Sure, there are some folks who can show us their great results for the recent past—the last 1, 3 years. However, we are not looking in the past for the future great results. Here is all we know. Fidelity looked at client accounts that did the best. They were the ones who forgot about their account. DALBAR, the investor-tracking-markets firm looked at the actual outcomes of advisor managed funds and found the best outcome was a low cost index fund. Finally, Warren Buffett bet on the Vanguard 500 Index fund over 5 specially chosen hedge funds. The Vanguard Index won. It is the low-cost broad index that can provide 11% a year over time.

Buffett makes it simple: https://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900/

Using tax-managed retirement funds is essential to survive

Sixty-three percent of Americans don’t understand how their 401(k) works, and 81% don’t know how much they’ll need in retirement, according to a survey from Bank of America. This survey does not tell us how old the owners are so the results may be normal. When we start working in a company that offers 401k, we don’t understand more than it is a retirement account that delays taxes on part of our income. Oh, we also remember that the company will match our contributions. Of course, no one knows how much they will need in retirement. We just started working so we aren’t supposed to know about retirement yet. On the other hand, if those who answer were age 65 or near retirement, they will soon find out that no one knows how much they will need in retirement until they are in it. Most people don’t have a high-cost financial advisor who may know how to estimate their income. Most people haven’t decided on when to take Social Security. Nor do they know how much income they can take from their nest egg to make it last to age 90. No one knows what their market portfolio will earn since they don’t know which blend of stocks and bonds is right for them. They don’t realize how much of their investment earnings they will be giving up to their advisor over time. Most will only keep HALF what their money earns. Most people don’t know if they will have two incomes or one, whether they have to down size or not, whether they will health conditions that may bankrupt them. Americans don’t find out the answers until it is too late to do anything about it. Only rich people have a financial plan for later life.

Make a plan: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Insanity: “there would be no NATO if I didn’t act…” “I will leave NATO”

 

Trump’s coup tears country apart

 

Another armed domestic terrorist guilty

 

Another domestic terrorist conspired

 

Facebook: organized terrorists for Jan 6

 

How Govt wastes our money:

Too little too late: Free tests going to waste: https://www.covidtests.gov/

Congress finally agrees on lynching: Lynching Black folks is wrong: takes 247 years

GOP: you can settle your neighborhood disputes immediately: kill with unlicensed guns!

 

Judge stops TX state from deciding kids’ life or death: TX to punish parents: Jesus says

FL law "Individual Freedom" prohibits race-related talk in schools and work. Fascism

 

File taxes electronically: there are already 23 million returns not done from years before

There are no auditors to force the wealthy to pay the taxes they owe: poor are easy to tax

 

17 US representatives voted for Putin’s war: keep importing Russian oil

GOP delays sending assistance to Ukraine to give some GOP special perks

 

SCAMS/SPINS:

Trump undermining democratic institutions: billionaires pay for fake voter fraud

TX rejects 27,000 mail-in ballots: most Dem voters disenfranchised

CO GOP election official caught messing with voting system; undermine voter trust

Trump official lies about voting residence: trailer is not home: voter fraud--not arrested

 

Fake pictures raise hate in Putin invasion motives

Russian TV Uses Tucker Carlson and Tulsi Gabbard to Sell Putin’s War to Russians

 

GOP anti-vaxxers learn Covid shrinks their brains; explains silly thinking; Trump support

GOP: “We need to build more gallows”: raising $ millions from call for White violence

GOP’s vision: Cotton; Trump; Cheney; DeSantis; Pence; Scott; Cruz;

 

Trump’s plans to overthrow of US government: Stone heads criminal conspiracy

Trump Wants to Put China's Flag on Jets to 'Bomb the Sh*t' Out of Russia: prez 2024?

Putin follows Trump: ‘Fake News’ Law; Trump’s Urging That Comey Jail Reporters

 

Putin, Trump’s idol, going after the pregnant women and children now: ‘denazify’

Putin doesn’t care about war crime trials: who would arrest and try him?

Putin hires mercenaries from Middle East to kill Ukrainians in eastern border

 

Will Putin take HALF Ukraine—Russia declares ‘East Ukraine’ separate place?

Putin has China as backstop: new dictator alliance creates new commercial patterns

Putin embargo doesn’t raise gas price: speculators in market do: $20 in 2021 same oil

 

Raymond Erker OH caught stealing $9.3 millino in Ponzi: guarantee no risk returns

David Schamens NC caught stealing $6.8 million in Ponzi: loans to traders high returns

Scam via Venmo, Zelle or check that bounces: CC fraud ends up our account

Scams aimed at us: warranty, health, religion, SS, student loans: just hang up and survey

 

How to spot a government imposter scam: claim SS, IRS, etc

Johnny Stine WA caught selling fake vaxx for $400+; more demand when stop order sent

“Service fee: scam: order promised free shipping but at final screen, shipping is “service”

City National Rochdale caught overcharging clients, mislead, misinformed $30 mil fine

 

BEWARE: Subarus now sold without the tech that connects drivers to music, navigation

Paper products now thinner: Bounty, Scott, etc shrinking without warning.

Deed Notice Scam If you receive one, don’t waste your $98.

 

Anti-vaxx trucker propaganda raises money for the website not for the truck drivers

Unvaxxed continue to die: FL GOP watches dead top 970,000: personal freedom kills

BA.2 makes up 11.6% of COVID variants in U.S

 

Jobs

41,000 additional veterinarians needed to meet the needs animal healthcare by 2030.

IRS plans 10,000 hires to help clear millions of unprocessed tax returns

 

Who owns your account now?

Best paint review from Consumer Reports: $46-$90

NM Archdiocese Sues Insurers Over Sexual Abuse Coverage: victims waiting years

No humans: I had to write to CEO T-Mobile to cancel my account: no button; no CSR

 

I cut my car trips in half: all my short trip errands at one time

 

Miracles:

4,500 antiwar protesters arrested in one day in Russia

LeBron James had a 56-point game Saturday.

China to make electricity in the Gobi desert: no one will complain of noise

 

11-year-old Ukrainian walks 100s miles to Slovakia alone 

3,000 applications from people in the United States who want to fight Putin

Nearly 60% of Americans gave money last year. Average donation: $574.

 

Some really free stuff: certain rules apply: Congress gives itself the best stuff on us!

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

 

 

Have you taught your child how to make money?

 

Retirement is a dirty word to some Boomers

“For the first time in well over 25 years, we see a marked decline in labor force participation of older Americans and a marked rise in the share of them that are retired,” said Richard Fry, a labor economist with the Pew Research Center. But many Boomers just can’t let go of their ‘babies.’ Other goals/pursuits/hobbies need to be explored to make the transition. The hard part: “That whole process of thinking about work on the way to work, of planning mentally your day.” Some of us have had to plan how much we can spend and how we want to spend our time. We need to consider our costs for a longer period of time in retirement since we are living longer. Some of us are still paying off our mortgage. I found the Retirement Nest Egg Calculator useful in determining my asset composition for long-term spending. I know how much of each group—stock, bond, cash—I need to hold in order to sustain my income for 30 more years, including inflation.

My plan gives me confidence: https://www.amazon.com/Your-Retirement-Income-Checklist-TrumpWorld/dp/1544703260

 

Living beyond our means: walking a tightrope without a net

Most of us are living paycheck to paycheck, according to a recent survey. Where are you in these findings?

• Incomes of more than $100,000: 42%
• Incomes of $50,000 to $100,000: 66%
• Incomes of less than $50,000: 77%

It seems the more we make, we still live dangerously. If we have an emergency expense or are laid off, many of us will be facing hard choices. Many households have only one paycheck coming in. This makes life even more precarious. Contrary to the industry advice, you don’t need an expensive advisor to build a financial safety net. All of us have access to a savings account or a home money jar. About 40% of us are paying our bills on time. That means we are not wasting our cash on up to 24% bank card interest. That may be your first task—reduce your outstanding balance so if there is an emergency, you can ‘charge’ it. Second, saving or investing in an account at work may help you get over the monthly savings ‘wall.’ You don’t have to save what is left after your check is spent. Each $100 you add to your employer 401k or other pension account comes out before you see it. And it saves you current taxes. You may even be given a FREE money match. If your job does not offer this account, you can make your own tax-managed account online or at your bank. The trustee for this account can help you save by automatically debiting your checking account monthly. You don’t have to face the savings ‘wall.’

Start today; feel safer: https://www.amazon.com/Get-What-You-Want-FINANCIAL-PLAN/dp/1514751151

 

New American Retirement System: $2,000,000 Tax FREE

Create a $2,000,000 tax-FREE Retirement System. Use the best legal tax shelter: no taxes . . . ever. Tax-favored over a 401k even with 6% match* Protect your family and assets with your System. Borrow from your System to pay for large purchases. Buy whatever you need without going into debt to others. Self-insure manageable risks—invest the premiums saved. Buy financial services wholesale--save $3,000 a year. Manage your System in 1 hour per year. $2 million can produce $160,000 a year in retirement. No income taxes—spend it all. What is the hitch? You have to buy low-cost stock index mutual fund automatically every month. You can’t trade or stop investing. I will help you set up account on the phone: https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Have you taught your child how to make money?

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to use low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in retirement supplement. Now your child can build an account that provides tax-FREE retirement income too.

Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355

 

 

Putting your refund to good use

The average refund is $3,000. Save the $300-$600 tax prep cost by doing your tax return using IRS-approved tax software via IRS free file. Or AARP free tax prep. Do not mail your return since IRS is still processing 2019 paper returns. I just got my refund! Have your refund put in your account directly—direct deposit is the safest way to finish your taxes. Take all your credits: Child and Dependent Care Credit was supercharged through the 2021 American Rescue Plan. Parents can receive a tax credit worth as much as $8,000 — nearly four times the previous limit of $2,100. The Child Tax Credit provided funds throughout the year but some families may have been shortchanged. The expanded Child Tax Credit, by comparison, provides $3,600 for each child under six and $3,000 for children aged 6 to 17. The fact that the tax credit is also fully refundable is important because it could boost the tax refund that many parents receive this year. Invest your refund each year and you could have $500,000. Start your tax-FREE retirement fund so you have enough later on. When you can no longer work, you can spend ALL of your investment earnings—no taxes. This helps avoid taxes on your Social Security too.

Guarantee your future: https://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

 

Insurance agents balk at providing full disclosure products

Insurance agents are suing the Labor Dept because they will be required to become fiduciaries to sell annuities to retirees. The fiduciary rule requires them to explain how they get paid, makes them liability if the annuity increases investor risk and may end their commission-based compensation arrangements. Agents fear having to disclose their conflicts of interest in pay from insurers and third parties. A fiduciary must provide the best product for the client which usually means lower rewards for the seller. Agents claim they will not be able to afford to sell annuities to working people since simple fees are lower than complex commissions: Some agents are paid with an advance on part of the client’s earnings over the 10-12 year future. Thus clients earn less than they would have. This is usually not disclosed in the traditional annuity sales process. Only later do client’s find out. Then they are charged 1-10% to get their money back. Insurers are lobbying Congress to force us to put our 401k nest egg into an annuity when we retire.

See alternatives: https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

 

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Trump & lawyer criminal conspiracy probe

 

Don promises 2024 GOP takeover

 

Don and Tucker support Putin’s fantasy

 

Trump’s ‘genius’ bombs schools, orphanages

 

Ukraine: ‘I need ammunition, not a ride’

 

 

How Govt wastes our money:

Do you really want to give your face to the IRS? Facial recog not wise. Hackers rejoice

Sanctions: just talk: Russian biggies $ billions not touched: ships, homes, firms left alone

Putin hides all his assets from Biden just like Trump: “only the little people pay taxes”

 

Congress Made Sure the Rich Retire in Luxury—at our expense: we pay their subsidies

GOP actually takes meeting with president’s nominee for Supremes ,,, unlike last time.

Congress keeps vital drug like Insulin high to please drug makers: hospitals to make own

 

Oil/gas firms pay GOP committee blocking Fed control of inflation/money: GOP chaos

Our government approving medicines before shown they work: making us guinea pigs

 

SCAMS/SPINS:

US does not need Putin oil but oil producers raise price already

BP divesting its 20% stake in a Russian state-owned oil firm Rosneft

Russia could use crypto to circumvent the effects of sanctions

France takes Putin’s bud’s boat: $ millions for Uk rockets to kill Putin’s tanks

 

Ukraine asks for EU membership now; EU has been silent before

UN peacekeepers: where are they when Ukraine needs to deter Putin from mass kill?

 

MORE: Ukraine’s recent polio outbreak and a potential resurgence of tuberculosis.

War crimes: Putin using cluster/vacuum bombs on schools, homes

US ‘donating’ drones to attack Putin’s convoy: US ‘advisors’ may help with logistics

Japan Special forces volunteer to fight USSR-minded Putin’s troops

 

FL ex-cop kills father who texted daughter during movie previews: cop: “feared for his life”

Another ‘no-knock’ night raid killing by police: police not at foult

 

How to buy a car when selection is slim: few new cars and high price used

Honda Tesla cars: randomly slam on the brakes for no reason—No safety standards

Beware: Car illegal repossessions up: no chips, used car demand, big resale profits

 

New York's attorney general lets Trump skate through questions of crime: gets off again

Scammers come in all forms: research before fall in love

Homeowner $3,708 scam: FAKE: No program to give homeowners money

 

Cambridge Investment Research caught overcharging fail conflict of interest

Roger Ng Goldman Sachs caught stealing $ billions from Malaysian fund: ruin GS image

Richard Hoffman AZ caught Ponzi crypto-loan (mafia-links) money-laundering scheme

Ameritas caught selling more expensive funds to get kickback: failed fiduciary label

 

Baseball’s millionaires fight billionaires for more: ticket price$ exclude working folk

Movie tickets up: variable pricing at some: pick your time wisely

All these products were recalled: dangerous falls, burns, crash, etc, etc

 

Hershey candy caught using non-food ingredients (Whole Foods) no more joy

Fake fake fake: how we are mislead by photo tricks: PhotoShop any photo to mislead

TX school officials are violating the First Amendment by removing books from libraries

 

Credit reporting agencies used as a tool to coerce and extort patients on medical bills

Supremes hide how we torture people: protect ID of torture contractors

 

Unmasking for the new plague mutation BA.2?: 959,000 dead

 

Are doctors running ‘pill mills’ and pill makers pushing more distribution ‘drug lords?’

 

Jobs

Protect and serve: knee-to-neck move “to save his life.”

Hourly rate for a babysitter leapt 11% in 2021 to $20.57

Average hourly earnings rising only a penny to $31.58

 

Who owns your account now?

First Horizon, TN to Toronto-Dominion Bank

Best pet insurance ratings: Embrace Pet Insurance

IRS changes our legacy beneficiaries: our designated beneficiaries may be disregarded

 

Vehicles that save you money: 200,000+ miles: engineered to last

 

Miracles:

NYC DA runs on sending Trump to prison then immediately folds: mafia got to him?

Driver run over by military vehicle: driver, not car, survives

CA driest January and February on record: drought in the snow

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/