The Big Secret the Financial Services Industry Prefers You Not Know

Doug Andrew has been involved in the financial services industry for over 4 decades as a financial and tax strategist. During that time, he’s helped thousands of people optimize their assets and minimize unnecessary taxes and empower their authentic wealth. In today’s episode, Doug will explain that there is a significant difference between asset management and income strategies. It’s a difference that each of us should understand but that we’ve probably never even considered. Once you understand this, you’ll have discovered the big secret that the financial services industry doesn’t actively share.

Here’s a quick recap of some of the key topics Doug covers in this broadcast:

  • What is the critical difference between “at retirement planning” versus “for retirement planning”? Learn the difference and you’ll manage your assets in a far more productive way.
  • There are 4 things you can with your money. Doug explains the advantages and disadvantages to lending it, owning with it, spending it and giving it away.
  • How does the Parable of the Talents apply to using your money wisely? Once you’ve heard Doug’s explanation, you’ll recognize what so many have been missing.
  • Discover why simply having a portfolio of assets under management is not the best way to retire. Doug reveals why this can be a problem when you want to start taking income.
  • Why should you ask your financial advisor to illustrate a retirement income stream for you? Learn why many advisors will refuse to do this for you.
  • Why do so many within the financial industry insist on using a 4% annual payout as a rule? If you’re not clear on the difference between tax-deferred versus tax-free saving for retirement, you need to know this.
  • 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.