3 Dimensional Wealth Radio

If you have been planning to do a Roth IRA conversion to keep your retirement savings out of the hands of the IRS, you might want to get on that sooner than later. It appears that the new tax bill on Capitol Hill is proposing to do away with these conversions for everybody after the end of 2021.

This is a concern for more than just the folks who earn more than $400,000 a year. Given the amount of irresponsible government spending that’s taking place, this shouldn’t be terribly surprising. The bigger question is what you ought to do about it to protect your retirement nest egg.

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HERE’S A BRIEF SNAPSHOT OF JUST A FEW OF THE TOPICS COVERED IN THIS WEEK’S BROADCAST:

* Is it really just the rich who are in the crosshairs for this new tax bill? Doug explains this new tax law will affect everybody and is just one threat facing your money.

* Why is tax-free accumulation a safer way to go than with a tax-deferred approach? Doug shares the critical difference between these two approaches and lays out why time is of the essence.

* What is the difference between the imposition of a new tax and the ending of a tax break? Learn how the end result is pretty much the same in regards to the tax man getting his hands on your savings.

* How is the Biden administration looking to change the way people contribute to their 401(k)s? Doug reveals the administration’s plan to eliminate your ability to fund your 401(k) with pre-tax dollars.

* Why does Doug refuse to ever own a 401(k) or IRA or even a Roth IRA? Learn about Doug’s preferred vehicle which has the two benefits of the Roth and four additional benefits and has been a sacred cash cow to the IRS for over 100 years.

* What is the LASER fund and how could it help you? Discover how to enjoy liquid assets safely earning a predictable rate of return and how this negates the dangers of higher taxes, rising inflation and market volatility.

* And much, much more…

Start by visiting with a IUL Specialist today.

Doug Andrew has been a financial strategist and retirement planning specialist for more than four and a half decades. Lately, he has been fielding a lot of questions about inflation. If you remember the years of the Carter administration, you likely remember what serious, prolonged inflation was like.

Right now we are getting a lot of mixed messages about inflation from the current administration as well as the news media. We’re being told that inflation isn’t all that bad right now and Doug says, this is misleading. The way inflation is being calculated in such a way as to keep us from noticing what is actually going on.

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CHECK OUT THIS QUICK PREVIEW OF SOME OF THE TOPICS DOUG COVERS THIS WEEK:

* Why do officials choose to measure inflation in ways that compare apples to oranges rather than a direct apple to apple comparison? Learn how this selective reporting is preventing us from seeing the true rate of inflation.

* What is the cause of inflation and why aren’t we being told about it? Doug lays out how the dumping of trillions of newly created dollars into the economy is watering down the purchasing power of every dollar you have saved.

* How does the current spending and tax agenda take deadly aim at the middle and lower classes? Doug explains the hard realities of how irresponsible government spending will impact your retirement nest egg.

* Why is the Federal Reserve undermining the value of every dollar and what can you do in response? Discover how the monthly printing of $100 billion is fueling inflation rather than controlling it.

* What is the LASER fund and how can it protect you and your savings from the ravages of inflation? Doug explains how his favorite savings vehicle allows you to enjoy liquid assets safely earning a predictable rate of return.

* How does inflation favor the rich and big institutions? Once you’ve heard Doug’s explanation, you’ll better understand who is really calling the shots today in regards to monetary policy.

* And much, much more…

Start by visiting with a IUL Specialist today.

If you’ve been planning on doing a Roth IRA conversion to keep your retirement savings permanently out of the hands of the IRS, you may want to act on it sooner than later. It appears that the new tax bill on Capitol Hill is proposing to scrap these conversions for everyone after the end of the year.

This is a big deal and not just for those earning over $400,000 or more a year. It’s not surprising and not even unexpected given the incredible amount of irresponsible spending taking place in Washington D.C. these days. You need to know how these policies are affecting everybody and how inflation is complicating things further.

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HERE’S A SNAPSHOT OF JUST OF FEW OF THE ITEMS DOUG COVERS THIS WEEK:

* What does this proposed bill impact in terms of converting your Roth IRA? Doug explains why time may be running out to get that money into a vehicle where it can accumulate tax-free from that point on.

* Who is going to be affected by this bill and who can breathe easy? Learn why those earning above $400,000 a year aren’t the only ones at risk of having the IRS breathing down their necks.

* Is there a difference between the imposition of a tax and the ending of a tax break? Doug warns that anyone with a 401(k) or an IRA or Roth IRA should pay close attention to how it will affect their tax liabilities.

* Why has Doug never owned an IRA or 401(k)? Discover what savings vehicle Doug prefers to the Roth IRA and how it provides the Roth’s two key benefits plus several other advantages.

* What is the LASER fund and how can it benefit you? Doug shares his thoughts on a way to enjoy liquid assets safely earning a predictable rate of return.

* How does tax-free accumulation protect your nest egg before and during retirement? Doug points out how knowing the key differences between tax-deferred and tax-free accumulation could help you avoid outliving your savings.

* And much, much more…

Start by visiting with a IUL Specialist today.

Doug Andrew’s 3 Dimensional Wealth YouTube channel is a remarkable resource for people who wish to benefit from Doug’s nearly 5 decades of being a retirement planning specialist and financial strategist. One of the questions which Doug sees on a regular basis is an inquiry into why most people don’t become wealthy.

Doug has written a lot on this topic over the years. He says a big reason why so many people never become wealthy is because they are missing structure in their financial planning. Doug has significant experience in this field and there are some that he’s willing to share with you to help you better understand what it takes to become wealthy.

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CHECK OUT THIS PREVIEW OF SOME OF THE TOPICS DOUG GOES OVER IN THIS EPISODE:

* Do you find yourself struggling with a sense of financial captivity? Doug explains the common mistakes that people make and how they can go about freeing themselves.

* Why should you rethink following the herd when it comes to planning for your retirement? Discover why so many people miss out on better, more productive ways to save because they’re locked into less productive habits.

* What is the main difference between the folks who achieve peace and abundance and those who don’t? Doug teaches how gaining financial freedom sometimes requires breaking with the crowd.

* Do you know the best alternatives to traditional savings vehicles like IRAs and 401(k)s? Doug shares his favorite savings vehicle and explains how it’s possible to enjoy liquid assets safely earning a predictable rate of return.

* Why do people end up outliving their money after reaching retirement? Doug spells out the dangers of traditional accounts like IRAs and 401(k)s as a means of building your nest egg.

* What is meant by the “striver mentality” and why is it not a good thing? Doug describes how a lot of people have not yet learned how to live on less than what they earn and he teaches you how to change that trend.

* And much, much more…

Start by visiting with a IUL Specialist today.

Doug Andrew answers common questions about money, wealth and retirement planning each week on his 3 Dimensional Wealth YouTube channel. A question that he commonly encounters is why most people don’t become wealthy.

Years ago, Doug wrote a newspaper article about this very subject. Part of the reason so many people don’t become wealthy is because of a missing structure in their planning. Having been a financial strategist and retirement planning specials for 48 years, there are some things he’s picked up on that he’s willing to share with you.

HERE IS A SNAPSHOT OF JUST A FEW OF THE TOPICS DOUG COVERS THIS WEEK:

* What is the danger in following the herd when it comes to planning for retirement? Learn why the masses often miss out on better, more productive ways to save because they are locked into less productive habits.

* Why do people end up outliving their money after reaching retirement? Doug spells out the dangers of traditional accounts like IRAs and 401(k)s as a means of building your nest egg.

* What is the difference between those who arrive at the land of peace and abundance and those who don’t? Discover how financial freedom sometimes requires breaking with the crowd and going in a more productive direction.

* How do so many Americans find themselves in a kind of financial captivity? Doug reveals the common mistakes that people make and how they can go about freeing themselves.

* What are the alternatives to traditional savings vehicles like IRAs and 401(k)s? Learn about Doug’s favorite savings vehicle and how it’s possible to enjoy liquid assets safely earning a predictable rate of return.

* What is the “striver mentality” and why is it a bad place to be? Doug explains how many people have yet to learn how to live on less than what they earn and how to change that trend.

* And much, much more…

Start by visiting with a IUL Specialist today.

Doug Andrew has long had a saying that goes: “Good, better, best. Never let it rest. Never let it rest till good gets better and better gets best.” It’s a perfect way to kick off an episode in which Doug relates his thoughts on the best ways to save for retirement.

Traditional accounts like IRAs and 401(k)s, in Doug’s opinion, are not the best ways to save. They may have been a good way to save but they are both approaching becoming a poor way to save. A Roth IRA or 401(k) would be better but it’s still not the best way to build a nest egg that will see you safely through retirement and beyond. If you’ve never walked yourself through distinguishing between good, better and best, this will be a fun episode.

CHECK OUT THIS PREVIEW OF SOME OF THE SUBJECTS COVERED IN THIS WEEK’S BROADCAST:

* What are the 5 savings alternatives in which most Americans sock away their money? Learn what these alternatives are as well as how they stack up in terms of saving for long term goals like retirement.

* Why is Doug’s book “Last Chance Millionaire” such a must read classic, especially for Boomers? Doug explains how this book can help anyone who has worried about the possibility of outliving their retirement savings.

* What is the Million Dollar Dash and what can it teach you? Discover how Doug likens building up a million dollar savings to running a race around a track and what it takes to “win” the race.

* How do most Americans miss out on a worry-free retirement because of how they choose to save? Doug spells out the difference between taxed-as-earned investments, tax-deferred savings and tax-free accumulation.

* What are the 4 phases of retirement planning and why do they matter? Discover why it’s essential to plan differently at different stages.

* Is it possible to enjoy liquid assets safely earning a predictable rate of return? Doug explains why this is the best possible scenario and how to get there sooner than later.

* And much, much more…

Start by visiting with a IUL Specialist today.

It’s hard to believe that it’s been nearly a year and a half since Doug Andrew has been able to host one of his live educational events. However, despite Covid concerns, Doug has an event called Retire By Design fast approaching and will be inviting clients and students to join him in the Bay Area near the end of September.

During this six hour event, Doug will be teaching some of his most popular topics, including the Five Critical Steps a person should take before retiring. Even if your retirement is 10-15 years away or longer, this is the kind of information that will help get you squared away for your golden years. Even if you’ve already retired, it’s not too late to become better prepared.

HERE’S JUST A SMALL SAMPLE OF THE TOPICS DOUG COVERS THIS WEEK:

* Why is clarity so critically important as you approach retirement? Learn what you need to know about the big picture.

* Is it possible to get rid of those worries about outliving your money? Doug explains how becoming a couch potato cannot be an option when you reach retirement.

* What are the 10 Key Principles a person must understand about the financial dimension? Doug helps you discover the difference between planning for retirement versus planning at retirement.

* Is is possible to enjoy liquid assets safely earning a predictable rate of return regardless of what the market is doing? Doug explains the LASER fund and how it covers each of these bases.

* Why is tax-free accumulation, access to your money and distribution an essential part of a worry-free retirement? Discover the difference between tax-free and tax-deferred and why those who know the difference will have plenty of reason to celebrate.

* Do you know the 5 critical steps that must be taken to truly be prepared to retire? Doug shares his game changing information that will show you how to determine where you are at as well as where you need to be.

* And much, much more…

Start by visiting with a IUL Specialist today.

Every week, Doug Andrew posts answers to questions on his 3 Dimensional Wealth YouTube channel. Recently, Doug was asked why wealthy people buy so much life insurance–especially later in life.

This seems to fly in the face of conventional wisdom. Especially when these wealthy people are buying more life insurance in their 60s, 70s or even their early 80s than they ever purchased before. They don’t need the death benefit to replace money that they have, so why do they do it? Do they know something that you should know?

CHECK OUT THIS SYNOPSIS OF JUST A FEW OF THIS WEEK’S TOPICS:

* What are the 3 marvels or miracles of wealth accumulation? Doug explains how self-made millionaires understand and apply these principles to grow their wealth.

* Why is compound interest such a powerful tool for wealth accumulators? Doug has a great object lesson involving a folded piece of paper that makes the power of compounding clear.

* How does tax-free accumulation differ from taxed-deferred and why does this difference matter? Learn how the folks who are currently saving in IRAs and 401(k)s stand to lose nearly a third of their savings to taxes.

* What is safe positive leverage and how does it aid in wealth accumulation? Discover how it’s possible to own and control assets with very little of your money at risk in that asset.

* Can you name the four things you can do with money? Doug spells out what those things are and how to make each of them work in your favor.

* Why do so many banks and credit unions put so many of their tier 1 assets into insurance companies? Doug explains the advantages of doing so as well as why insurance companies have been considered a safe haven for generations.

* And much, much more…

Start by visiting with a IUL Specialist today.

Each week on Doug Andrew’s 3 Dimensional Wealth YouTube channel Doug posts an answer to financial questions that he’s been asked by his clients or his students. Recently, he was asked whether it’s better to go with a fee-based or commission-based financial advisor

As you might gather, there is a significant difference between the two and it’s a difference worth understanding. In a nutshell, the fee-based advisor is paid a percentage based upon the assets they’re managing for you. Commission-based financial advisors usually are compensated from the sale of certain products like life insurance or annuities. Some financial advisors are compensated both ways.

HERE’S A SNAPSHOT OF THE TOPICS DOUG COVERS IN THIS EPISODE:

* Which is the better type of advisor to choose? Learn the reasons that each will give you to demonstrate that they are the better choice and what else you’ll want to consider.

* What is fiduciary responsibility and how does it apply to each type of advisor? Doug explains who has a duty to put your well-being above their own and why.

* How do fee-based advisors make their money and why can it vary so much? Doug shares some of the considerations you’ll want to ponder before going this route.

* Why are commission-based advisors sometimes unfairly accused of costing too much and what are their strong points? Discover the reasons that this approach can make perfect sense depending upon the product you buy.

* When does a one-time fee make sense in your long-term financial planning? Doug explains how the prospect of tax-free accumulation can make this a very attractive option.

* How concerned should you be about outliving your retirement savings? Doug has clear answers for anyone who wishes to have authentic peace of mind regarding their nest egg and their financial future.

* And much, much more…

Start by visiting with a IUL Specialist today.

You may want to consider subscribing to Doug Andrew’s 3 Dimensional Wealth YouTube channel, if you haven’t already done so. Almost every day, Doug posts an answer to a financial question that he’s been asked by his clients or his students.

In today’s episode, Doug tackles the question of how to get high investment returns with low risk. Generally, you’ll find that the higher the return that you want, the higher the risk is going to be. Typically, low risk translates into lower rates of return. Today, you’ll learn how to enjoy the best of both worlds using a strategy that was introduced in 1997 that has allowed Doug and his clients to earn higher than average returns with extremely low risk.

CHECK OUT THIS QUICK PREVIEW OF SOME OF THE TOPICS COVERED THIS WEEK:

* What is indexing and how does it differ from indexed mutual funds? Doug explains the critical difference between these two concepts and how one leaves your money at risk in the market while the other one doesn’t.

* Why do so many people lose money during market downturns and how can you avoid that hazard? Learn the difference between having money in the market versus having that money tied to the market.

* How does indexing work and why should you consider utilizing it? Doug breaks it down for you and shares the reasons why he recommends it as a hedge against ongoing market volatility.

* What is Doug’s favorite savings vehicle for retirement? Learn what a maximum-funded universal life insurance contract is and why it has earned Doug’s trust.

* Why is tax-free accumulation the key to knowing that you won’t outlive your retirement savings? Doug lays out the nasty shock that people with tax-deferred accumulation are going to receive upon reaching retirement.

* How is it possible to lock in gains when the market grows yet not lose money when the market contracts? Doug has the details on how indexing protects your principal during downturns but gives you all the upside benefits when the market thrives.

* And much, much more…

Start by visiting with a IUL Specialist today.