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In: Financial Independence, Inflation, Life Insurance, Money Solutions, Retirement, Retirement Income, Taxes, Whole Life Insurance

401k Exit StrategyHow To Spend and Use Your Retirement Income Effectively It often astounds me how many people really don’t have an exit strategy for their 401k. And, I mean a money solution, an effective plan to use and spend their retirement efficiently, to reach their desired goals. So, I’d like to share with you a little known, but time tested strategy that is usually reserved for the wealthy. It’s also used by the world’s largest banks and corporations. IRA/401k Distributions (Withdrawals) A 401k withdrawal or distribution is how you take your money from the account, which has rules and restrictions. We’ll assume you areRead More →

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In: Infinite Banking, Retirement Income, Taxes, Whole Life Insurance

More Pondering On Social Security Article from the Nelson Nash/IBC BankNotes “More Pondering On Social Security” Originally posted in BankNotes October 2018 by R. Nelson Nash Earlier in this series of articles I wrote a little bit about Social Security.  But, it kept haunting me that there is much more that needs to be revealed about this unbelievable con game. And so, I offer just a few additional facts about it and my observations of human financial behavior because of it. For instance, recognize that President Kennedy and Sergeant Shriver were the first ones to misuse the Social Security account.  They used Social Security funds toRead More →

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In: debt, Finance, Inflation, interest, saving, Taxes

The Federal Reserve Raises Rates Hauntings from The Creature from Jekyll Island The Federal Reserve raised interest rates on Wednesday by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent. In a statement that marked the end of the era of “accommodative” monetary policy, Fed Chairman Jerome Powell said the removal of the wording did not signal a policy outlook change. “Instead, it is a sign that policy is proceeding in line with our expectations.” said Powell. “The labor market has continued to strengthen … economic activity has been rising at a strong rate,” it said in its statement. While interest ratesRead More →

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In: Austrian Economics, Finance, Financial Independence, Infinite Banking, Inflation, interest, Money Solutions, Taxes, Whole Life Insurance

Lara-Murphy Report – August 2018 The Lara-Murphy Report’s top priority is spreading the message of Austrian Economics, The Sound Money Solution and Privatized Banking, as described by R. Nelson Nash’s Infinite Banking Concept.  There is no other economic report like it anywhere. In this issue of The LMR… THE RISE (AND FALL?) OF THE FED’S FLOOR SYSTEM – BY Robert P. Murphy The Fed instituted a very important new policy in October 2008, which casts doubt upon the rationale for the bailouts. But this new approach may be unraveling. CURRENCY CRASHES: THEY DO HAPPEN – BY L. Carlos Lara Yes, the USD is currently on top,Read More →

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In: Financial Independence, Infinite Banking, Inflation, Taxes

Independence Day Our Independence Day, more commonly known as the 4th of July, is when we commemorate the United States adopting the Declaration of Independence and when we declared our independence from the Kingdom of Great Britain. Independence Day is traditionally associated with fireworks, BBQ’s and family. As we celebrate our Independence Day, let’s remember what our independence really means… The colonists rebelled against the British Crown and taxation. Today, some 241 years later, our country faces a similar situation that would have our founding fathers rolling in their graves. Our federal government is destroying our freedoms and is larger and more oppressive than ever.Read More →

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In: Retirement, Retirement Income, Taxes

Tax Planning – The Time to Plan is Now Tax planning is not deferring taxes in an IRA. We’ve all heard the old adage, “People don’t plan to fail, they fail to plan.” In the case of your IRA or qualified plan, last minute contributions could be setting you up to actually pay more taxes. If you’e pondering the thought of a last minute contribution, just ask yourself these questions… 1. Do you want to live a similar lifestyle in retirement as you have today? 2. Do you think taxes will go up or down in the future? 3. What tax bracket will you be inRead More →