Round 2
tax deferred
income stream,
principle protection
are these things you are looking for in a retirement plan. contact SYD
Posts Tagged ‘tax deferred’
Clients more catchphrases
Tuesday, September 22nd, 2009Market Rally is for Suckers
Monday, September 21st, 2009Well the S&P is up 56% since 3/9/09 and Mr Bernanke is saying the recession is over. Go for it cash back into the market, increase 401k contributions, hmm even plan a vacation. Be Leery!!! have we seen corporate profits rebound, consumer spending, and an active credit market. NOPE- suckers rally.
Banks have been rescued not our economy
Corporate profits have risen from cost custting not increased sales
Banks are not lending to consumers or small business
Unemployment is still pushing higher
Institutions are investing shall we say wisely- trap for the consumers as we tend to follow whats hot.
Cash for Clunkers and 1st time homeowners relief cmon now.
As you can see we are not ready to rebound from the depths of hell. With no economic recovery in sight it is time to utilize what SYD Financial has to offer. SYD can help you relieve yourself of debt and protect your assets by using the features of tax deferred fixed annuities. Do you want to preserve your nest egg for your family ask SYD about their insurance programs.
In summary read what you want, beleive what you see but understand the articles we read in the papers are smoke and mirrors to make us believe we are heading in the right direction. its all about being cyclical and the time is here to settle debts. Contact SYD
IRA vs Permanent Insurance
Friday, September 18th, 2009So it was told to me many years ago the concept of investing in an IRA vs allocating funds in a cash value life insurance policy. The numbers speak for themselves. With an IRA you put away $3,000/yr for 30 years. You have now accumulated $90,000 in your nest egg and lets assume a 7% return. Your money doubles every 10 years- see rule of 72. You will have close to $300,000 in your portfolio but wait dont forget market risk. Whether this is a Traditional IRA or a Roth there might be tax implications. Lets now look at a whole life policy. Take that same $3000.00 a year and put it towards a insurance policy. Depending on health and current status that $3000 could land the insured a policy worth well over $1,000,000 upon the insured’s death. It will be a tax free benefit to the insured’s beneficiary. What now makes more sense- IRA’s or Insurance policy. Contact an agent at SYD to discuss in further detail