Think about this for a moment...
- The Average 401(k) in 2022 LOST 23% of your hard earned money. Your savings. Your future!
- Conservative projections for 2023 are that the market and your 401(k)/ IRA will lose an ADDITIONAL 20%+ (many predict 25%+)
- It just depends on who you believe and which report you trust. Bank of America? JP Morgan? Morgan Stanley? CNBC? FOX NEWS? They all say the same thing..
- That means, in 24 months, your future and your retirement plans will lose 40%+ percent.
- Lets take a look at how much the market would need to GAIN in order for you to simply recover what you lost:
- So, if in 24 months we lose 40% you will need the market to do a full 80%+ gain in order for you to SIMPLY GET BACK WHAT YOU LOST. How long do you think it would take the U.S Stock market to gain 80% and beyond for you to start winning again?
The question is...Why? Why risk your money? Why risk your future? Why risk your retirement? Why? Why? Why? Why?
- Perhaps, because you simply don't know there is a better way?
- Perhaps, you simply believe this is the only way to increase your retirement savings?
- Perhaps, you don't know where to look or where to turn?
- Perhaps, you're one of those people who believes that your advisor is such a smart, loyal, trusting person that if there was a better way they would have told you about it?
- Perhaps, even your financial advisory simply doesn't know there is a better way and they simply only offer you what they have / what they know is available..
- FINALLY, The 5 most important questions to ask yourself
- If you could protect your money from market risk, loss, volatility, and economic downturn and never lose your money again...would you want to?
- If you could still GROW YOUR MONEY, with compound interest, and stock market participation (while protecting it from loss) would you prefer that?
- If you could eliminate all taxes on your money, your growth, your returns, and never pay taxes again in the future, would you want that?
- If you ELIMINATE the contribution limits, the age restrictions, the age penalties, and the required minimum distributions...would you want that?
- If you could build a TAX-FREE RETIREMENT ACCOUNT that provides LIFETIME INCOME YOU CAN NOT OUTLIVE, would you want that?
Basically (this is a bonus question): If you would like an account that provides all the things a 401(k) and IRA DOES NOT PROVIDE...would you want that?
- Lastly, what good and holy reason could you possibly have to want a 401(k) or IRA if you could immediately all the taxes, risks, and losses?
Its your family / business you're trying to help.
Which means its entirely your choice.
But me and my team are here if you want a better option...Either we can help you make things better or we can't and you stay exactly where you are. No harm done. But the information won't hurt you.