Missed Fortune founder Doug Andrew has coached many clients to successful retirement through the Missed Fortune workshops and videos. In this brief article, he outlines three major things most Americans are facing in today’s economy:
- Taxes—Most Americans are dealing with concerns about their current taxes, but they’re especially concerned about their future taxes.
- Inflation—With the rate at which our country is spending money, Missed Fortune is getting many questions from individuals about what will happen with inflation in the coming years.
- Market uncertainty—It’s been a long time since we’ve seen this level of volatility in the market, says the Missed Fortune founder, with the market diving and then rebounding, often netting no growth.
Missed Fortune emphasizes the importance of seeking out tax-free vehicles. It’s also important to seek out financial vehicles that rise with inflation. The last time inflation got to double digits was in the seventies and early eighties, Andrew points out in the Missed Fortune workshops. It’s important to find a vehicle that can outpace inflation, says Andrew.
Indexing is also a valuable tool, according to Missed Fortune. While the market may be constantly going up and down, individuals want to be able to limit the losses when the market goes down, and then gain when the market goes up. Missed Fortune teaching tools help individuals understand just how to do that.
Consistently in the Missed Fortune materials, individuals are informed about the three greatest strengths of Andrew’s strategies: Liquidity, Safety of Principal, and Rate of Return. You cannot achieve financial independence and wealth without these three principals, says the Missed Fortune founder. Andrew emphasizes that these are listed in order of importance, with liquidity always being first and rate of return always being last. He calls this principal the LaSeR strategy.
Additionally, Missed Fortune ’s Andrew stresses the importance of choosing investments that are tax-favored. This ensures an individual will continue to earn at the highest rate possible. All of these critical requirements can be found in a maximum funded tax-advantaged life insurance policy.
The Missed Fortune founder notes three specific sections in the IRS tax code that point to maximum funded tax-advantaged life insurance policies as meeting all of the Missed Fortune specifications—72(e), 7702, and 101(a). Missed Fortune also points out that Andrew’s advisements are in compliance with three major tax laws: the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), the Deficit Reduction Act of 1984 (DEFRA), and the Technical and Miscellaneous Revenue Act of 1988 (TAMRA).
To learn more, visit Missed Fortune online at www.missedfortune.com