Conventional advice tells us to max out our tax-deferred accounts, like our 401(k) and our IRAs. However, with the government trillions of dollars in debt, with government retirement plans on the brink of insolvency, and with printing presses running 'round the clock, I believe that taxes will be MUCH higher in the future.
I believe there's a better way to create the foundation for retirement - one that involves saving money off the radar screen of the IRS for income tax purposes, and as an added benefit, outside of the volatility of the stock market.
It's a financial product that's been used by the banks, corporations, and the wealthy elite, for well over 100 years: Cash Value Life Insurance.
In this video, I calculate the Capital Equivalent Value of my personal Cash Value Life Insurance plan & compare it to the performance that would be needed in a traditional 401k to equal its after-tax income.
As you'll see, my plan has the Capital Equivalent Value of $1.5 Million & a 12% Rate of Return!
Less Risk, Less Taxes, More Cash Flow!
P.S. If you haven't checked it out yet, please stop by my mini online seminar How Retirees and Pre-Retirees Can Potentially Avoid Going Broke While Keeping Their Nest-Egg Secure! Tons of great information and bonus is it is 100% COMPLIMENTARY!