It's really intuitive after. That if you if you give it 2 or 3 days of driving it there's a joystick down there but. You don't have to to to it put the joystick right on let's say you're looking at screeners choice am f.m. Sirius x.m. Ok and you take that you just get close to one and it locks the end before you ever before you ever put it right over the logo the 2 looking at out you can visualize this. This is it's hard to explain but when you just get close to it it'll lock Ian and then you've got a mouse on each side. Right there in the middle were the driver can operate it or the passenger can operate click it one time you're done I mean it really is it looks intimidating but after just a day or 2 views and you'll never go back to anything else so you know if it were me I would get the hybrid version of that vehicle because of the fuel economy we don't know what's going to happen gas prices it's not much more story of a dozen gabs you on it. But I'd I'd go with the 458 your power you. Can get advice from that friend who is 80 knows a lot about cars right. The facts from Jerry really is a car for us a call 180-926-7777 right Ok Geo center. I'm going to write children a check book invitation for me and my mother for at least 0 deposit. Of her living. Her. Belief that nothing you like and. Don't work more would hold a party in your home for back some prevention and treatment visit w w w dot stop mall dot org. This week are 5 star ratings from our. Listeners who have become customers for our certified dealers that I saw on our website Harper USA dot com range from simple and sweet to some that were a little more complicated the easy ones that Laura in Houston said she had a 5 star experience at Greenway Mazda said she loves her new car she loves how simple and easy it was to buy it and she loved the car pro priority pass on the way she got my buddy Steve. And Steve is involved in every single car pro listen to the Vox through the door speaking of being involved with every single listener David in Ohio said from the moment he got to Claiborne Ford in can't rich clave and took care of him until he left less than 2 hours later and his new $29000.00 f $150.00 at a big discount with big rebates and riches also another 5 star rating for clave and Ford And here's an easy solution to what could have been a fairly complicated situation Duane lives in San Antonio he wanted to buy a car for his daughter but daughter lives in San Diego. So Dave went on our website got in touch with Norm Reeves Toyah San Diego and after trading some freeway emails and one telephone conference call with the people at Norm Reeves and his daughter and him the staff at Norm Reeves earned a 5 star rating for helping it work and helping dad and daughter get what they wanted in a professional and helpful manner and I'm That's 1st off heard the story but I'm going to guess norm or. Pretty happy to get to Texas. All the way yeah that's not a record but it's probably pretty clubs' Seattle to. Those people don't even know if they could do better leasing your car than buying one from the down from corporate USA 180-926-7777. Laws. It's easy listening here at home. To play. G 7 change Turkey cease fire I mean Kate's president has announced the 2020 g. 7 summit of world leaders will no longer be held at one of his resorts near Miami and the wake of bipartisan backlash Acting White House chief of staff Mick Mulvaney appearing today on Fox News Sunday says the president's intentions were good still considers himself to be in the hospitality business and he saw an opportunity to take the biggest leaders from around the world he wanted to put on the absolute best show the best visit that he possibly could he was very confident and I think we're all surprised the level of push back I think is the right decision to change will have to find someplace else and moving he says he did not offer to step down for making them or attracting a comment that the president wanted a political favor from Ukraine the u.s. Brokered cease fire with Turkey and Syria continues to hold as American troops withdraw correspondent Nick Payton Walsh reports the departure has been methodical so far movements we saw beginning today involve this convoy possibly close to 200 vehicles maybe involved in the end beginning to develop at a base near That's where they came together during the day and we understand in the hours and days ahead they will move east through this area controlled by the Syrian Kurds in and out to Iraq he could start a landmark trial over the u.s. Opioid epidemic is on track to begin tomorrow. After pharmaceutical firms and local governments failed to reach a $50000000000.00 settlement the drug companies will be defending themselves in a trial over allegations they field an opioid addiction crisis that cost some 400000 us deaths from 1999 to 2017 distributors have been accused of failing to flag and hold suspicious orders for opioids drug makers are accused of promoting benefits of the drugs while playing down their risks the distributors insisted they were shipping f.d.a. Approved medicines prescribed by doctors the drug makers also deny wrongdoing and barbeques that I mean Kate's. Likable laws Hi Doug Andrew here you know as a financial strategist and retirement planning specialist for more than 45 years I finally have dedicated the last 2 years to writing the ultimate book the laser fund how to diversify and create the foundation for a tax free retirement is my favorite vehicle and we have collected over $200.00 pages of charts graphs and illustrations to empower you and if you're more right brain you learn by stories you flip the book over and you read it the other direction it contains $62.00 stories of actual clients who have employed the laser fun to diversify and save hundreds of thousands of dollars of unnecessary tax I want to give you one when you attend my next event register by calling 18876 radio that's 188-767-2346 Call 887-672-3461 extension 0 my event to get your free book. Abundant great. York Times best selling for your. This is Doug Gansler speaking to our incredible national audience coast to coast our abundant studio ness of the base of the majestic Rocky Mountains I work with people and organizations that want to optimize their assets minimize taxes and empower their authentic wealth I am sort of a bird dog or I point my students and Manti to resources that will provide the best solutions I'm reaching out to you today and I want to answer some of the questions that have been asked in the last 30 days in fact I enhanced my You Tube channel and if you want to subscribe you are welcome to go to You Tube and just search dog Andrew and so I release an answer to a question every day and Monday through Fridays I do it on financial and Saturdays and Sundays I do it on other topics the foundational assets and so there were 21 questions that were asked 30 to 100 or more times recently and these are the 3 biggest questions where is the best place to invest money and so I did actually 5 youtube videos on that what investments are tax free I did 5 around that topic and what is required minimum distribution why do we have those and is that good advice and so during this show I'm going to give you some of the answers to those questions that I think are going to be blown away as you learn some things that most people don't realize when we talk about this so what are some of the best places to invest money or set aside serious cash is what I call it money that you've ever marked for important goals such as retirement maybe your children's college education your business your real estate or what have you money that you don't want to jeopardize So I've learned through. The school of hard knocks that. Any prudent investment must pass a test which I call the laser test now laser is an acronym that I use this stands for liquidity safety and rate of return and when we go through and score different investments I usually can assign a score between one and 10 on those factors so whenever I look at a serious place to put my money I ask is it liquid Ok how does it pass the liquidity test can I access my money when I need it with an electronic funds transfer or a phone call number 2 is I have safety and not just safety of the institution but safety of principal I don't want to lose what I set aside in any year that I make money I don't want to lose in the future or the money I've made in previous years a lot of investment can't do that 3rd down the list is rate of return and I like predictable rates of return around 78910 percent because you cannot be rowing upstream so to speak in a bank or credit union earning only one or 2 per cent and when that current of inflation is coming down at 345 or more you're going backwards now a lot of people get those in reverse order they're looking to get rich quick they want rate of return to be number one and they put safety or liquidity down the list and then they get into trouble so it's in that order and there's a 4th benefit that I love and that's the tax advantages I prefer tax free not just tax deferred but I like to have my cake and eat it too so I like all of those features liquidity safety predictable rates of return and I prefer tax free not just tax deferred So in a lot of the different educational sessions that I've taught I sometimes will show this a risk or. Return paradigm in us this pyramid where I list 16 general categories of investments from highest risk to lowest risk and when I apply the liquidity test to several Do not pass that test I mean you've got investors like commodities in business ventures and limited partnerships and raw land and speculative common stocks and lower quality bonds and so forth you might have an investment real estate blue chip stocks high great bonds that are a little bit more. You know safe or they even have quite as much risk then you go into the mutual funds and C.D.'s that banks and money market funds Well when you apply liquidity test several don't pass the liquidity test you can access your money without triggering penalties or taxes or things like that that's a traditional Ira or 4 a one k. When you apply the safety test there are several more that don't pass because you can lose your money I mean the market can go down your real estate the value of your house can go down and many people saw that in 2008 when the stock market dropped as much as 40 percent in one single year many people saw their real estate drop in value. Good 30 or 40 percent and so you don't have safety of principle with some of these investments that we think are so great when you apply the rate of return test there's a lot of investments that do not give you a predictable rate of return in fact money in the market mutual funds or whatever during retirement to most broker dealers will not allow their advisors to illustrate any type of a predictable cash flow or a payout because it's unpredictable that you cannot. Base your retirement income on a volatile market at most they only show about a 4 percent payout because the average mutual fund investor in America because they buy and sell at the wrong time zone. Averages about 3.49 percent actual rate of return on their money if it's in the market and so at retirement planning is so crucial and you must start doing that differently than what you did for retirement planning at least 5 years before you plan on retiring and so many times when I would meet with those people and teach educational events they were flabbergasted when they began to realize how much they would pay in tax on their IRAs and $41.00 K.'s when they began to withdraw their money and they would say golly I was always told to do this because I would be in a lower bracket when I retired and they hit retirement and they were in a lower bracket I mean they've been going down the highway with one foot on the gas pedal and the other foot on the brake pedal and they didn't know they were doing it their entire life they were putting money in tax deferred accounts and at the same time killing their partner Uncle Sam in the process the foot on the break they were paying off that house they don't have that deduction anymore and retirement the kids are gone and you even if they're not gone they still live with you as adult children you can't deduct him anymore and then we are not contributing money diaries are for one K.'s If your business owner you don't have those deductions anymore and so people find themselves in as high or higher tax brackets when they retire than they were in when they were earning even if they have less in column they pay as much or more in taxes I've seen many people school teachers that paid back every dime they saved in tax over the 30 or 40 years on the contributions of their IRAs and $4.00 and $1.00 K.'s during the 1st 2 or 3 years of retirement they paid back every dime they saved in tax and then they did it again and again and again every 2 or 3 years until the day they died they paid back many times 81250. In times in taxes during retirement the taxes they saved on the front end and I would often ask them whose retirement were you planning yours or Uncle Sam's and so many times I would help these people sort of cure that tax does ease when you're not at ease That's called a disk ease and they had a financial decease they were afraid they were going to outlive their money because they realized that out of a 1000000 dollar nest egg if they were fortunate to be earning even 10 percent they thought they could pull out 10 percent of a 1000000 every year and not deplete principle well when they pulled out 100000 they realize that they had to pay 25 to 33 percent in tax they weren't netting $100000.00 to buy gas and groceries and prescriptions golf green fees they only had a net of $75000.00 or 66000 and so they had to go back and withdraw more money because they needed 100000 or if they thought they could get by pretty soon inflation caused the cost of living to double in every 7 to 10 year period and so pretty soon $100000.00 was required to buy what $50000.00 but 7 or 10 years earlier and they were going to outlive their money but they had to pull out 150000 pay tax of a 3rd 500-021-0000 extension 0 so their $1000000.00 nest egg would be totally drained dry or gone in 11 years I would empower them to not outlive their money and be able to have $100000.00 a year of tax free income which would not deplete their principal Well I want you to stay with me to the next segment and I'm going to answer some additional questions for the best long term strategies but if you've got to go and you want to learn more about what I'm talking about that's why we teach these educational events so if you happen to live in the greater San Francisco Bay Area I. I want you to get ready to jot down the dates and times and places that we are coming to teach half day 3 educational events they are titled retire by design in fact when you come we gift you absolutely free a 40 page retire by design workbook that you'll fill out throughout the van to take home with you I also give you my 2 most recent bestselling books entire human evolution over 200 pages and the laser fund which is actually 2 books in 11 contains 14 chapters with all kinds of charts and graphs as deep as you want to go or you flip the book over and there are 12 chapters with 62 actual client stories and examples we are coming to Santa Clara Palo Alto Pleasant Hill and Dublin and I want you to jot down the date on Thursday October 24th we're coming to Santa Clara in the morning and then that afternoon in Palo Alto you'll get a map and directions when you call to reserve the next day Friday October 25th we're in Pleasant Hill and the morning and Dublin in the afternoon these are free but seating is limited I want you to call right now and leave your information the numbers 188876 radio call to register at 188-767-2346 that's 188-767-2346 Call 18876 Radio 188-767-2346 extension 8876. 3. Hi Doug Andrew here I've been blessed to have a many books that I've written become bestsellers but my most recent book The laser fund I most excited about I would love for you to have a copy of this book because it teaches how to diversify and create the foundation for a tax free retire. Ehrman I have spent years in fact that is over 45 years of experience helping people optimize financial assets minimize unnecessary tax and empower their true or authentic wealth this book is so unique because it's actually 2 books in one there's over 200 pages from a left brain approach if you're the kind of person that loves to learn by reading and getting numbers and charts and graphs there's over 200 pages of illustrations explaining why the laser fund can be the best solution for all kinds of financial objectives from college funding to retirement to emergency funds working capital for business or personal or real estate and if you're more right reading person you aren't really into numbers you learn by stories you flip this book over and you read it the other direction it's over 100 pages that contains a like 62 Chicken Soup for the financial soul stories actual clients examples we change their names to protect their privacy but you will learn by reading the stories and examples of how people have empowered themselves financially by using the laser fund so call now one added 876 radios the number and you can attend one of our educational events and I will give you a copy of the laser fund that's 188-767-2346 Please join us and learn receive my book call 188-767-2346 that's added 87672346. This is radio. 3. This is Doug Andrew welcome back to live to London radio where I'm passionate about providing you with insights and. Opportunities that maybe you didn't know existed before if you're just joining this I'm addressing some of the commonly asked questions that have been probably asked 32 over 100 times in the last 30 days and so we covered some of the common questions What is the best long term investment strategy now as a financial strategist and retirement planning specialist for more than 45 years I see the most common mistake is that people off times confuse Are they mix up and they use a short term investments for long range goals or long term investments for short range goals no you should use a long term investments for long range goals but a lot of times people put money into a bank or a credit union earning like one percent interest and and that's a short term investment you should only do that for goals that are maybe 9 months away or whatever long term goal would be you know 5 years or longer down the road and why would you have money and this situation where you're only rowing upstream at the rate of one mile an hour and the current inflation is coming down to 345 you're going backwards and so you want to use a long term investment for long range goals but sometimes people use long term investments like a mutual fund or something and 'd they act like it's a drive up window at the bank and they keep taking money out and the market starts to whipsaw back and forth they get nervous and you know their advisor says Hang in there hang in there and the market always comes back and but when it starts losing 30 and 35 percent most Americans say enough already and they take their money out and they sell low and then they wait wait to the market has rebounded considerably missing a lot of that upside potential and then they buy high folks. Off times in my books will share the story of the 3 little pigs if you remember that there were 3 houses there was houses of straw houses of sticks and houses of bricks. Now I put my serious cash so the questions that were asked me numerous times where do you put your money for liquidity safety and predictable rates of return Well I safely tucked my serious cash in the houses of bricks so to speak but so many people put their money in houses of straw or houses of sticks houses of sticks might be let's say a moderate risk investment maybe like real estate but the real estate is still subject to the women's economic turmoil like 2008 when the Big Bad Wolf during that mortgage meltdown really state dropped in value just like the stock market did you probably guess that houses of straw is the stock market mutual funds and so forth where the big bad wolf can blow down the stock market 304050 percent like it did from 2001 to the year 2003 after 911 or in 2008 so I don't put my money in the houses of straw or sticks I put my serious cash safely tucked in a house of bricks now it's not in some bank or credit union because all that's f.d.i.c insured that might be saved to a degree but the rate of return is horrible only one or 2 percent see I put my serious cash not in really a new ities or bonds I put it in maximum funded insurance contracts what I called a laser fund because I have earned an average net after all fees rates of return averaging between 7 to 10 percent for the last 45 years and it's tax free I probably averaged just using one strategy indexing 8.2 percent now by using a 2nd strategy it bumps up to over 10 percent but how much more is 8 percent tax free then a taxable return. 4 percent it's not 4 percent more it's double c. 80008 percent on a $1000000.00 nest egg $80000.00 is twice as much money as 4 percent of a 1000000 which is $40000.00 but see my $80000.00 is tax free $40000.00 coming out of a yet to be taxed Ira or 4 a one k. Is only worth $30000.00 after fees because most broker dealers asset managers charge one percent one percent on a 1000000 to manage that asset is another 10 grand So you're earning 4 percent but only netting 2 percent and you're only really netting $20000.00 how much more is $80000.00 than 20400 percent is 4 times as much but I pull out $80000.00 and it doesn't deplete the principal if I pull out money out of an Iran for a $1.00 k. I'm only netting $25.00 to pull out more money and my nest egg deplete and people outlive their money so that's like money in the houses of straw because of the stock market and so forth I firmly believe you should have no more than about 30 percent of your money in the market at retirement Ok maybe not even that much and I don't think you should rely on 100 percent of your retirement income coming from rental income from real estate maybe up to 30 percent there I like to have up to 60 percent of my money my income in retirement that doesn't even show up on my tax return the i.r.s. Knows I'm receiving it they know everything but I have helped many many people convert up to 60 percent of their income to tax free income so that if they came to me with 200000 of retirement income maybe 40 or $50000.00 coming from social security or a defined benefit pension but the other 150000 was coming out of yet to be taxed IRAs and 41 K.'s and I said Wow you're way too top heavy in yet to be taxed I raise a 4 and. Days in the market you've got your money and houses of straw or houses of steps you need to reposition that and put it over safely tucked in a house of bricks and earn predictable rates of return tax free that are more like 8 percent or 10 percent you can have double triple or even quadruple the net spendable retirement income it takes about 5 years to do that it's called a strategic rollout but you have to jump through certain hoops so that your income the rest of your life is tax free the i.r.s. Knows you're receiving it but they know that is coming out of what is sacred cow that hasn't been taxed in over 100 years since before the Internal Revenue Code and that's Max funded insurance in fact in a future segment I'll talk about some of the best investments that are tax free because I get that question all the time what investments or places can I put my money where it's free of tax so I will address that question the point is this that if you put your money safely tucked in a house of bricks and I again I would recommend that at retirement that you do a strategic rollout not a roll over a rollover is going from the frying pan into the fire in my opinion where you take your money out of a 4 a one k. And you roll it over into an Ira and you're just delaying the inevitable you're not saving tax you're string it out you're actually compound in the tax by put in and off you get the taxes over and done with sooner than later reposition into something is going to be tax free from now on you use a strategy called indexing so you don't lose when the market goes down if you experience inflation during your retirement years inflation will actually help you instead of hinder you because if you're investing your money in the things you're linking it to the things that inflate but you're not actually in the market and it's totally tax free it knocks the socks off of an Ira or $4.00 and $1.00 k. And so. By doing that I can sleep at night when the wind blows sort of big when the big bad wolf who is that not the i.r.s. The big bad wolf are the recession's because by maybe natural disasters hurricanes and earthquakes or maybe it's a shooting maybe it's a political year or or there's turmoil in the country or the world and that's what triggers recession's I'm recession proof because they don't hurt me and if anything they help me because I'm not losing and I reset and I continue to earn predictable income I don't have to wait around for the market to come back 2 or 3 or 4 years to start taking retirement income again if this is resonating with you and you want to learn how to have your serious cash safely tucked in a house of bricks join us for an educational event if you live in the greater San Francisco Bay Area I want you to listen close and jot down the dates and the cities when we are coming to teach half day retire by design educational events that are absolutely free but seeding is limited when you come we actually give you absolutely free a 40 page retired by design workbook that you fill out throughout the event you refer back to this again and again for many years we also give you free copy of our 2 most recent bestselling books in title men evolution over $200.00 pages you're going to love that book and also the laser fund over $300.00 pages containing charts graphs explanations and $62.00 clients stories we're coming to Santa Clara Palo Alto Pleasant Hill and Dublin we are going to be in Santa Clara and Palo Alto Thursday October 24th Santa Clara in the morning Palo Alto in the afternoon you'll get a map and directions where these are at when you call the next day Friday October 25th where in. Pleasant Hill in the morning and Dublin in the afternoon call right now and get details these are free but seating is limited Are you ready the numbers one aged 876 radio call 188-767-2346 Call 188-767-2346 that's one day to day 767234618 day 767234618 is a $76.00 rate you. Read. Hi Doug Andrew here you know as a financial strategist and retirement planning specialist for more than 45 years I finally have dedicated the last 2 years to writing the ultimate book the laser fund how to diversify and create the foundation for a tax free retirement is my favorite vehicle and we have collected over $200.00 pages of charts graphs and illustrations to empower you and if you're more right brain you learn by stories you flip the book over and you read it the other direction it contains $62.00 stories of actual clients who have employed the laser fun to diversify and save hundreds of thousands of dollars of unnecessary tax I want to give you one when you attend my next event register by calling 188876 radio that's 188-767-2346 Call 887-672-3461 extension 0 my event to get your free book call for details hi Doug Andrew here you know as a financial strategist and retirement planning specialist for more than 45 years I finally have dedicated the last 2 years to writing the ultimate book the laser fund how to diversify and create the foundation for a tax free retire. Mint is my favorite vehicle and we have collected over 200 pages of charts graphs and illustrations to empower you and if you're more right brain you learn by stories you flip the book over and you read it the other direction it contains $62.00 stories of actual clients who have employed the laser fun to diversify and save hundreds of thousands of dollars of unnecessary tax I want to give you one when you attend my next event register by calling 180876 radio that's 188-767-2346 Call 887-672-3461 extension 0 my event to get your free book. Of a fund raiser. York Times best selling author for your post. This is because you are a credible national audience coast to coast from our abundant studio next to the base of the majestic Rocky Mountains I work with people and organizations that want to optimize their assets minimize taxes and empower their authentic wealth I've told you I'm sort of a bird dog or I point my students and mentees to resources that will provide the best solutions so I'm reaching out to you today to answer some questions that I filter through that people ask maybe 30 to 100 or 200 times a month because you probably heard me say on live about a radio there is no such thing as a stupid question that's because I filter them all out and so here is a question that is asked times what investments are tax. 3 Now you need to understand the difference between tax deferred and tax free c. There are 3 basic types of investments taxed as earned investment this is money in a bank or credit union or a normal mutual fund that is not a tax deferred for a one k. And that's the worst way to save but the most common way Americans save the next would be a tax deferred vehicle where you maybe get a tax break on the seed money because if you are a farmer and you have the choice of buying your cd in the springtime when you bought it and you don't have to pay tax on the price of that seed and you plant those seeds and you irrigate you cultivate you work hard and in the fall the autumn of life you now harvest your crop and you have to pay tax on what you sell your harvest for that's a traditional Ira for a one k. And many people get duped into putting their money there in fact 91 percent of Americans get duped into putting money into tax deferred I raise a 401 k's being told oh you'll be in a lower tax bracket when you retire and that has not really been true or axiomatic for over 25 years but people still do it and then they hit retirement and they realize they're not in a lower bracket if you're in a lower bracket when you retire it means you didn't say very much and so sometimes people will opt to take after tax money pay tax on the seed money so to speak and have it grow tax deferred and take it out tax free in a rough and so Ross are I step in the right direction but I've never owned a raw thought Ira for one k. I never will I've never owned a traditional Ira or for a one k. Never will because my favorite vehicle has the 2 benefits of a rock one of those Ok you take after tax money it grows tax free and when you take it out it's tax free and if you're like most. Audiences when I ask how many of you think future taxes will likely be lower I get nothing but crickets how many think that future taxes will stay the same and I get a few hands well how many think they're likely going to be higher because of irresponsible government spending and the printing of money and I get a sea of hands like oh well if you think future taxes are going to be higher Why are you postponing and deferring tax to some perceived unknown advantage hello and then pull out your money when you retire when you're convinced taxes are going to be higher that doesn't sound smart and people go oh I never thought of it that way well I'm just following the herd Yeah and then people kicked themselves because in retirement they pay as much or more in tax they pay back every dime they saved in taxes over 30 or 40 years on the seed money the 1st $2.00 or 3 years of retirement and I often say man were you planning your retirement or Uncle Sam's So they have this rude awakening because they're in tax deferred investments now tax free there's 3 primary categories of tax free municipal bonds now they're Ok but there's a lot of municipalities that are not as safe as we think they are they're in trouble and several of them have been on the verge of bankruptcy and so I don't get really excited about municipal bonds for safety but especially as far as rate of return I've always earned 2 or 3 percent higher rates of return and what I call my laser fund over any 510 year period compared to the municipal bond yields at that time Ross are a step in the right direction but I've never owned one why would I just settle for 2 benefits tax free accumulation and tax free access when I can have 3 additional benefits on top of those 2 what are they in my favorite vehicle called the laser fund many very savvy c p A's and tax attorneys call and. What I call the laser fund the rich man's rock and I snicker because you don't have to be rich to own one but see the rich can't participate in a Roth unless they're doing a rollover from a traditional Ira for a one k. To a Roth and and you trigger tax and that's why they came out with it in 1997 Senator Harry Rob says I've got an idea people are getting smarter they're realizing they're not in lower tax brackets when they retire so let's dangle a big carrot in front of them and get them to take the money out of a traditional Ira for a $1.00 k. And roll it over into a rough and that triggers tax revenue because the government did it because they were hard up for revenue they didn't do it primarily for your benefit so a rock you can accumulate your money tax free and access it tax free but a lot of people make too much money if you make too much money you can only put in a certain dollar amount or certain percent of your income and if you make too much money you can't participate in a rock. Ross also don't allow you the flexibility to be able to put in money like a $100.00 or 200000 in one single year and then if you needed to 4 days later go access you know 90 percent of that you can't do that in a Roth you have to wait 5 years or tell you're 59 and a half these are all the strings attached c. In my laser fund if I have a banner year and I want to throw in 2 or $300000.00 if I have structured it to accommodate that I can do that if 4 days later I need to access 100 or 200000 of that with an electronic funds transfer a phone call I don't trigger tax or penalties by the i.r.s. But see if I die tomorrow in an accident every 1000000 in my laser fund it will blossom to 2 and a half 1000000 if I die there's not a Roth around that will do that so that's why I prefer the laser fund which is a maximum funded tax advantaged. 3 sections of the Internal Revenue Code that have been around a lot longer than I or raise or section for a one k. Or Section 403 b. . Their sacred cow Section $72.00 e. Allows money inside of an insurance contract to grow tax free and the way I structure it I've earned net internal rates of return averaging 8.2 percent many years I've earned 11 Anetta 10 some years I've earned 25 Anetta 24 but on the average I've earned 11 and 10 even in bad years sometimes I don't lose but many times if I just sit there and use one strategy called indexing I'm able to earn an average return over a 10 year period like the worst 10 year period since the Great Depression 200-2010 when most Americans were still down 38 percent from the money they had in the year 2010 years later they were still not back to breakeven I had more than doubled my money in that 10 year period tax free that was an average return of 7.23 percent now I'm able to do that tax free and so I love 2 it because when most Americans I don't even have their money back in a very bad 10 year period of decade we call that the last decade many people using the strategies that I'm talking about right now doubled their money tax free by the year 2015 a lot of Americans were barely getting back to some positive territory and many people had quadrupled their money a 1000000 of or it was worth 4000000 Well folks how do you do that you use as strategy that allows you to be able to accumulate your money tax free under Section $72.00 each of the Internal Revenue Code and then when you need the money if you have a $1000000.00 nest egg for example and you're earning 10 percent you could pull out $100.00 grand a year without depleting your principal and is tax free that comes under. Section $77002.00 of the Internal Revenue Code and when I finally die that 1000000 blossoms to 2 and a half 1000000 and transfers tax free to my family my spouse my survivors and charity whoever I want to leave it behind to there's not a rough around that will do that and so why would I take a rod when I have a laser fund that has 3 additional benefits that's why we teach these educational events to help you understand this so I like the little diddy good better best never let it rest never let a rest tell good gets better better gets best I want the best vehicle and if you want the best place to set aside your serious cash I would recommend you come and learn at an educational event so if you live in the greater San Francisco Bay Area I want you to get ready to jot down the dates and the cities we are coming to teach half day educational events we're going to do 4 of them they're absolutely free but seedings limited their titled retire by design when you come we give you absolutely free a 40 page work book titled retire by design that you will fill out throughout the event you'll take home with you and refer back to again and again I assure you we also gift you free a copy of our most 2 recent bestselling books in Title man abolition over 200 pages you're going to love that book and the laser fund over 300 pages containing charts graphs explanations and 62 actual clients stories and examples we're coming to Santa Clara Palo Alto Pleasant Hill and Dublin now we're going to be in Santa Clara and Palo Alto Thursday October 24th Santa Clara in the morning Palo Alto in the afternoon the next day will be in Pleasant Hill and Dublin Friday October 25th. Pleasant Hill in the morning Dublin in the afternoon when you call to register you'll get map directions and details I want you to call right now don't miss out the numbers 10876 radio register at 188-767-2346 that's 1887672346187672346 Call 188-767-2346 extension 8876. Hi Doug Andrew here I've been blessed to have the many books that I've written become bestsellers but my most recent book The laser fund I'm most excited about I would love for you to have a copy of this book because it teaches how to diversify and create the foundation for a tax free retirement I have spent years in fact that is over 45 years of experience helping people optimized financial assets minimize unnecessary tax and empower their true or authentic wealth this book is so unique because it's actually 2 books in one there's over 200 pages from a left brain approach if you're the kind of person that loves to learn by reading and getting numbers and charts and graphs there's over 200 pages of illustrations explaining why the laser fund can be the best solution for all kinds of financial objectives from college funding to retirement to emergency funds working capital for business or personal or real estate and if you're more right reading person you aren't really into numbers you learn by stories you flip this book over and you read it the other direction it's over 100 pages that contains at like 62 chickens. For the financial soul stories actual clients examples we change their names to protect their privacy but you will learn by reading the stories and examples of how people have empowered themselves financially by using the laser fund so call now one added 876 radios the number and you can attend one of our educational events and I will give you a copy of the laser fund that's 187672346 Please join us and learn to receive my book call one headed 87672346 that's added 87672346. Radio. Welcome back to this is Doug Andrew abundant a radio where I'm passionate about providing you with insights into opportunities that maybe you didn't know existed before and. These 2 questions have been asked about 100 times in the last 30 days each. Dug what investments are tax free and what is a required minimum distribution is that a smart idea well if you were going to be playing in a golf tournament let's say and you have the choice of using a professional golfer like Phil Mickelson's swing or you could use his clubs What would you choose I'd rather have his swing the clubs see I've noticed that most financial advisor seem to focus on the clubs or the commodity by this bond or mutual fund or gold or silver it's not in the commodity folks it's in the strategy it's in the swing so the strategies that we teach at our various educational events are to allow p. . Bellew to have liquidity safety and predictable rates of return one of my favorite strategies is called indexing because when the market goes down I don't lose and when the market goes up I participate but my money is not at risk in the market so I get rid of that danger of market volatility that's why I think anybody with money in the market at retirement is making a big mistake you need to get that money out at least 70 percent of it no more than 30 percent of your hard earned money for retirement should be in the market in my belief and you need to reposition it into something that's going to be tax free from now on not just tax deferred So that means you've got to get the taxes over and done with sooner then later most people get duped into taking r m D's that stands for required minimum distribution and that's some of the worst advice I've ever heard for most Americans and people would always say well why do they tell you to do r m D's if you don't need the money on c n b c When I go who's funding c.n. b C government revenue or why would they kill a partner why would they stop a partnership where Uncle Sam is your partner and Uncle Sam will have a piece of your for one k. For ever if you just stretch it out now what is an r m d c If you don't need the money at retirement a lot of times people are given poor advice in my opinion by their accountant Oh you want to save tax this year they're only looking at one year what if the accountant said well you can pay a little bit less in tax but you're going to string it out over the next 25 years and you will pay at least double in tax if you take our in days if they said it that way most people go to say what I will who wants to do that. Well that's actually what happens so many times a tax advisors are only looking at this one little moment in time so you probably have heard that if you touch the money in an Ira for a $1.00 k. Before age $59.00 and a half there's a 10 percent penalty right but see if you are 70 and a half and you don't start withdrawing money out of that tax deferred Ira for a $1.00 k. Under the government's formula what's their formula it's based upon your l e that stands for life expectancy now at age 70 and a half life expectancy might be 22.6 years 27 years or whatever but it depends upon your gender and so forth and your health but let's say that let's just for the sake of simplicity say that a jet a 70 to 73 your life expectancy is 20 more years so you divide 20 into how much money you have in all of your Ira reason for in one case combine let's add 800000 so 20 into that means 5000 you must withdraw 5000 whether you need the money or not or you will have to pay a 50 percent penalty if you have a $1000000.00 nest day you've got to pull out 50 grand if you don't the penalty is $25000.00 on that $50000.00 because the government wants that money out and tax before you die so they can tax it again when you die do you know an Ira or $4.00 a one k. Or similar plans like for all 3 B.'s and 457 is intact over the nudies any qualified plan is the best savings bond the government ever came up with for themselves because they love to use you as their partner where they get a 3rd of everything that you accumulate and if they can string that out they'll continue to have a tax lien of a 3rd if you have a $1000000.00 in there when you retire that's not all your money. Only about $666000.00 of that is your money in a 25 percent tax bracket only 750000 of the 1000000 is your money the rest belongs to the government they've been planning on that tax revenue if you pull out $75000.00 and you're in a 33 percent bracket between federal and state income tax you pay a 3rd $25000.00 and actually have a net of 50000 to buy gas groceries prescriptions and golf green fees a lot of times people need more than $50000.00 especially as inflation continues to increase the cost of living and pretty soon you need 100002 buy what $50000.00 used to buy 7 years earlier and this is what causes people to outlive their money it's what I call the tax and inflation power curve but see people are are taking the wrong advice by taking required minimum distributions I would flip that hey why don't you take out the maximum allowed based upon your tax threshold now what's a tax threshold. If you file as a single taxpayer or a married couple finally in a joint tax return you might have these thresholds where you will not be in a higher bracket if you take out another 50 or 60000 out of an eye or ear for one game people say well why would I take it out if I don't need it because you want to get the taxes over and done with sooner than later and then reposition that money see a big question that was asked this last month is well can I reinvest my required minimum distribution of course you can you want to get it out the tax is over and done with but this is the key you want to reinvest the net after tax money into something that's going to be tax free from now on and what I would recommend is the laser fund if you listen in my last segment the laser fund will not vest socks off of a municipal bond portfolio or a rock you want to get that money out in the taxes over and done with and reposition to something tax free from now on that will earn you rates of return average in 78910 percent and when you die sooner or later none of us are getting out of this life alive we're going to pass on and so I want my money in a place where it will blossom double or triple every 1000000 would blossom to 2 and a half 1000000 if I died right now in my laser fund tax free that reimburses many fold to any of the tax I would pay on and I rare for a $1.00 k. By getting the money out and the tax is over and done with so many people have done this and I could give you hundreds of stories where we have saved couples a $250000.00 of unnecessary tax by doing a strategic roll out half a $1000001.00 couple we saved them $1200000.00 of unnecessary tax on their IRAs or for a one K.'s versus what their c.p.a. Said Oh. Just take out the Orem Di I calculated that and they were going to pay an extra $1200000.00 they were going to actually pay $2600000.00 on $4600000.00 in their IRAs and $41.00 K.'s and their accounts and all they can afford that much in tax Well the couple I said What do you think what we don't know we would rather reposition that and they were able to take that $1200000.00 of otherwise payable tax and set up a family bank which we do for many people that's a conceptual bank they're able to bless their family's lives for generations with all kinds of things for college education. Maybe humanitarian or religious missions weddings and so forth help with the purchase of a 1st home out of the family bank that they wouldn't have been able to do had they left their money in an Ira for a one k. If this is resonating with you or arousing curiosity and you live in the greater San Francisco Bay Area I want you to get ready to jot down the 4 cities and dates that we are coming to teach half day educational events they're free but sittings limited they're titled retire by design and when you come we gift you absolutely free a 40 page work book retired by design that you filled out throughout the event we also give to you our 2 most recent bestselling books in title meant abolition over 200 pages you're going to love that book and also the laser fund which is actually 2 books in 11 has 14 chapters charts graphs and explanations the other has 12 chapters with $62.00 actual client stories we are coming to Santa Clara Palo Alto Pleasant Hill and Dublin now on Thursday October 24th we're going to be in Santa Clara in the morning October 24th Palo Alto that afternoon the next day we're going to be in Pleasant Hill and Dublin Pleasant Hill Friday October 25th in the morning Dublin in the afternoon when you call to register you get map directions and. All the details I want you to receive the free gifts call now one aged 876 radio to register That's 188-876-7234 extension 6 that's 188-767-2346 Call 188876723461087672346 a day 76 radio. High die.