Avoiding the Roadblocks On the Way to Your Brighter Future

With 45 years of experience as a financial specialist, Doug Andrew gets a lot of questions along the way. Among the most common questions he hears from his clients and his students is this one: “What are the biggest obstacles I’m likely to face on the way to retirement?” It’s a wise question to ask when considering how easy it is to encounter financial roadblocks and pitfalls in a time of rising taxes and inflation and ongoing market volatility. If you’re serious about avoiding the dead ends and detours that can cost you precious time, you’ll find today’s episode extremely helpful.

Here is a snapshot of what Doug covers in this broadcast:

  • Are you counting on taxes being lower when you reach retirement? A lot of folks are in for a rude awakening in the not so distant future.
  • What is the danger of saving in a tax-deferred vehicle versus a tax-free one? Once you understand the difference, you’ll never look at your IRA or 401(k) the same again.
  • Pretend you’re a farmer, would it be better to pay taxes on the seed you buy in the springtime or on the harvest you put away in the fall? Doug’s farmer metaphor is a powerful lesson on how to save for retirement.
  • Why is it so important to have liquidity in your savings vehicle? Once you understand the strings that are attached to most savings methods, you’ll never want to look back.
  • What are the benefits of a Roth IRA? Learn what’s good, better and best for accumulating your nest egg tax-free.
  • Do you understand what inflation is doing to your savings? Doug explains why keeping up with inflation isn’t enough, we have to outpace it.
  • And much, much more…

Start by visiting with a wealth architect today.

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.