3 Dimensional Wealth Radio

Each week, Doug Andrew posts answers to questions he receives on his 3 Dimensional Wealth YouTube channel. One question that he’s been asked a lot is: How much do I need to save for retirement?

The answer may surprise you, in a couple of ways. If you have money in traditional accounts like IRAs and 401(k)s in the market, you’ll need roughly 25 times the annual income that you want.

On the other hand, if you have your money in the kind of savings vehicle that Doug prefers, you’ll find that you can get by on a much smaller nest egg of between 10 to 16 times the annual income you’d want. You can get by on less because you’ll be enjoying higher rates of return and higher payouts at retirement.

HERE’S A PREVIEW OF JUST A HANDFUL OF THE TOPICS COVERED IN THIS WEEK’S EPISODE:

* What are the 3 biggest dangers that cause most retirees to outlive their money? Doug explains how taxes, inflation and market volatility combined with economic uncertainty can eat up your nest egg prematurely.

* What is the financial services industry standard 4% rule and why is it a bad idea? Learn why most financial institutions tell their advisors to tell their clients to use this rule when they have money in the market.

* Is it possible to protect your money from ongoing market volatility without giving up the opportunity for gains when the market rises? Doug shares the low down on indexing and how to have your money tied to the market without risking in the market.

* Why is it so essential to take advantage of tax-free accumulation rather than keep your money in tax-deferred accounts like IRAs and 401(k)s? People who don’t understand this stand a good chance of outliving their nest egg.

* What is the LASER fund and why is it Doug’s favorite savings instrument? If the thought of liquid assets safely earning predictable rates of return sound good to you, learn how to create such a fund for yourself.

* Is it feasible to retire with $1 million at age 55? Doug says, how you answer this question may depend on whether your money is yet to be taxed or is tax-free.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew was recently posting some new videos to his 3 Dimensional Wealth YouTube channel. This past week, he focused on answering some questions regarding real estate and getting out of debt.

Would it surprise you that when it comes to getting out of debt, sending extra principal payments to the mortgage company? This is a question that arises often when people are trying to determine how long it will take to pay off their house.

There are a number of different methods that people employ to pay off their mortgage quicker. In this week’s episode, Doug will explain why there’s a better alternative than most of those methods.

CHECK OUT THIS SNAPSHOT OF JUST A FEW OF THE TOPICS DOUG EXPLAINS THIS WEEK:

* What are the primary methods people use to pay down their mortgage quickly and will they actually work? Learn why these methods provide the illusion of a quicker payoff but come with a corresponding loss of opportunity.

* Is there any benefit in taking out a 15 year amortized mortgage and then socking away what you would have paid following the payoff into a tax-deferred IRA or 401(k)? Doug shares his thoughts on what’s good, what’s better and what’s best.

* If you choose to save the money you’re no longer paying toward your mortgage, why is tax-free accumulation so much better than tax-deferred. Doug explains how tax-free saving combined with compound interest can make a huge difference in your results.

* What is the LASER fund that Doug recommends for his clients and his students? Discover the advantages of liquid assets safely earning predictable rates of return as you save for your brighter future.

* Is there an advantage in keeping the mortgage interest tax deduction rather than paying your mortgage off as fast as possible? Doug spells out how the tax money you’re saving can be put to work growing tax-free.

* Can accumulating your money tax-free combined with compound interest allow you to pay off your home even faster than a 15 year amortized mortgage? Doug has a simple but powerful explanation of how you can get out of debt two and a half years faster without giving that extra money to the mortgage company in the form of interest.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew’s 3 Dimensional Wealth YouTube channel is a place where he answers questions for his viewers each week. This week, Doug has some timely information regarding how to invest a lump sum such as people might get with an inheritance, a settlement or some other windfall.

When people come into a large lump sum of money, they turn to Doug to explore what they should do with it. Let’s assume for a moment that it’s a life insurance settlement that you’ve received. First of all, did you realize those settlements are income tax free to the beneficiary?

Doug has some very important advice for those who have received a tax-free lump sum: Keep it tax free.

HERE IS A QUICK PREVIEW OF JUST A FEW OF THE IDEAS DOUG SHARES THIS WEEK:

* Why is it in your interest to keep a tax-free payout somewhere that’s also tax-free? Doug reveals the best reasons for keeping your lump sum out of taxable savings and accumulation vehicles.

* How can you position that money to grow tax-free for future needs? Learn about the Maximum Funded Tax-Advantaged (MFTA) life insurance contract and how it provides a perfect combo of liquidity, safety and predictability.

* Where are the best rates of return for your lump sum? Doug explains why a properly structured and indexed MFTA insurance contract may be your best choice.

* How do MFTA insurance contracts provide living benefits as well as a death benefit? Learn what makes this savings vehicle different from so many others in that you can access your money without incurring tax penalties.

* What can this approach provide for someone who is looking to their retirement? Doug shares how a $1 million maximum-funded, indexed universal life policy can generate 60,000-70,000 a year in tax-free income.

* Why is it so essential that you don’t outlive your retirement nest egg? Doug lays out the reasons why tax-free savings can make the difference by ensuring that your principal isn’t depleted.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Each week on his 3 Dimensional Wealth YouTube channel, Doug Andrew tackles timely questions from his viewers. The question he addresses this week has to do with one of Doug’s favorite savings vehicles for which people can set aside their serious cash for long term goals like retirement, college funding, for children & grandchildren, for working capital for business, emergency funds and the list goes on.

Doug describes this vehicle as the LASER fund which means liquid assets safely earning a predictable rate of return. It is a properly structured and maximum-funded Indexed Universal Life insurance contract. It’s a savings vehicle that will allow you to accumulate, access and transfer your money totally tax-free.

Just how stable and safe is the multi-trillion dollar life insurance industry?

Doug addresses why he feels that they would be one of the last dominoes to fall if the world’s economic system were to fall apart.

CHECK OUT THIS SNAPSHOT OF SOME OF THE TOPICS COVERED IN THIS WEEK’S BROADCAST:

* How is the insurance industry not only the backbone of America but the backbone of the world? Learn why insurance companies are held to reserve requirements that are higher than banks or credit unions.

* Why is the insurance industry so strong and therefore better prepared to face an uncertain future? Doug explains how legal reserve requirements keep these companies safer from economic turmoil.

* What can we learn about the stability of these life insurance companies from the experience of the Great Depression? Doug shares how banks may have failed left and right but the legal reserve life insurance companies didn’t.

* Why do banks use legal reserve insurance companies as a way to grow their money? Doug lays out the facts about BOLI or Bank Owned Life Insurance.

* What’s the safety difference between a AAA rating and everything else. Learn why legal reserve insurance companies enjoy this high rating while BBB-rated banks only wish they could.

* How does the legal reserve insurance industry have further built in protections against financial upheaval? Doug shares how these companies cross-insure one another to prevent insolvency.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew answers a wide variety of questions each week on his 3 Dimensional Wealth YouTube channel. This week, the question he tackles has to do with maximum-funded IULs and what Congress or the IRS may have in store for them.

As Doug explains, the IUL is a savings vehicle that allows you to accumulate your money tax-free, to access your money tax-free and which, ultimately, increases in value and transfers to your heirs tax-free upon your passing. He describes this vehicle as the LASER fund which means liquid assets safely earning a predictable rate of return.

A properly structured, maximum-funded IUL is a sacred cow in the Internal Revenue Code under sections 72E, 7702 and 101A. Often, as Doug is teaching people about this incredible vehicle, the question arises: What if Congress or the IRS does away with the tax-free advantages of an IUL?

Doug answers this question and provides necessary historical context to this long-time part of the Internal Revenue Code.

HERE ARE JUST A FEW OF THE TOPICS DOUG COVERS IN THIS WEEK’S EPISODE:

* When is the last time Congress considered making changes to the Internal Revenue code that covers IULs? Doug explains why it was being considered and why Congress ultimately decided not to interfere with it.

* How does an IUL allow a person to take ownership of his or her future? Doug shares the advantages of tax-free accumulation, access and transfer.

* What is the difference between living benefits and death benefits with a max-funded IUL? Learn how this savings vehicle provides peace of mind now and in the future.

* How important is it that you be as self-reliant as possible when it comes to providing for yourself in the future? Doug shares the sobering truth about government-administered programs like Social Security, Medicaid and Medicare and why it’s not wise to count them in your golden years.

* What are the three tax citations you must abide by? Learn what TEFRA, DEFRA and TAMRA are and why these tax laws do not affect grandfathered IULs.

* Are taxes likely to be raised significantly in the days ahead? Doug spells out the reality of what some candidates are promising if they are elected in Nov.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

As a financial strategist and retirement planning specialist for more than 46 years, Doug Andrew has fielded a lot of questions. Each week, he answers many of these questions on his 3 Dimensional Wealth YouTube channel. The question he zeroes in on for this episode is, what is the 4% rule as it relates to retirees?

In today’s episode, he explains what the 4% rule is, why it came about and why he thinks it’s pretty pathetic that it is the financial services industry standard for people have money in traditional IRAs and 401(k)s.

Doug has two very specific problems with this rule. One is that the money is essentially trapped in the account and the second is that it is at risk because it is in the market rather than tied to the market. He explains the difference between planning for retirement and the kind of planning needed once you’re at retirement.

If you’re serious about enjoying liquid assets safely earning a predictable rate of return, this is a message you need to hear.

CHECK OUT THIS SNAPSHOT OF JUST A FEW OF THE SUBJECTS DOUG COVERS IN THIS WEEK’S BROADCAST:

* How did the 4% rule come about and why do so many financial advisors still cling to it? Doug explains how the financial services industry often has a vested interest in having you keep your money in the market.

* What is the difference between investor returns and investment returns? Doug spells out the difference between those two terms and why it’s so important you be able to distinguish between them.

* Why do so many retirees find themselves coming up almost 33% short on their expected yearly retirement income? Learn why Uncle Sam claims roughly a third of whatever money they take out and how you can avoid this.

* Why is tax-free accumulation a better way than tax-deferred savings? Doug explains the advantages of getting those taxes over and done with and enjoying tax-free accumulation from then on.

* How can you avoid the dangers associated with market volatility? Doug reveals the solution to having your money at risk in the market so you don’t lose money when the market declines.

* Are you at risk of outliving your retirement savings? Doug points out that many people are going to learn the hard way and how you can ensure that your nest egg is never depleted.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew is asked a lot of different financial questions each week on his 3 Dimensional Wealth YouTube channel. A question that comes up often is why more people will not find themselves in a lower tax bracket upon reaching retirement.

For many years, conventional wisdom held that a person in retirement would be paying far less in taxes because their earning years were over.

In today’s episode, Doug explains why this belief has not been axiomatic for at least the past 25 years. You’ll learn how many people drastically underestimate what their tax liabilities will be during retirement and how they’ll no longer have the deductions they once counted on to save them.

Don’t make the mistake of learning this for yourself the hard way. Doug spells out the problem and and the solutions that will keep you from outliving your retirement savings.

HERE’S A PREVIEW OF JUST A FEW OF THE TOPICS DOUG COVERS IN THIS WEEK’S BROADCAST:

* Why should you be paying attention to the tax hikes that presidential candidate Joe Biden is proposing? Doug explains what Biden is proposing and how it will affect your taxes.

* What is the risk faced by those who’ve saved a lot for retirement versus those who’ve saved very little? Doug shows how tax-deferred savings plans could very well come back to bite you at retirement.

* What happens to all the deductions we once counted on to save us from higher taxes? Doug goes through the list of the deductions we took for granted during our earning years and what happens to them along the way.

* Why is tax-free accumulation so superior to tax-deferred savings? Doug says with government spending going up, it’s a certainty that taxes will be rising as well.

* Will the presidential election have significant impact on your taxes? Learn what the candidates are saying as well as what they’ve done and how it will potentially affect you and your savings.

* How can you avoid the mistake that so many make in saving for retirement as if they’re driving with one foot on the gas and the other on the brakes? Learn what Doug’s preferred savings vehicle is and how it can protect you from higher taxes, rising inflation and ongoing market volatility.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew’s 3 Dimensional Wealth YouTube channel is a place where viewers often ask common financial questions. One question Doug hears on a regular basis is an inquiry into the difference between universal and whole life insurance.

It’s a question that even seasoned financial planners and tax advisors find themselves asking. And it’s definitely worth knowing the difference for yourself.

The simplest distinction between the two is that one is primarily for a death benefit while the other is a source of living benefits. Doug explains the origins of universal life insurance and how E.F. Hutton’s brainchild became a vehicle for tax-free accumulation and tax-free access to your money while remaining in harmony with IRS guidelines.

If you’re serious about growing your nest egg tax-free while protecting it from the ravages of rising inflation and ongoing market volatility, this week’s broadcast has the answers.

CHECK OUT THIS SNAPSHOT OF JUST A FEW OF THE TOPICS DOUG COVERS THIS TIME AROUND:

* What are the strengths and weaknesses of whole life insurance? Doug explains why these policies are popular even though there are better ways to go.

* What did E.F. Hutton realize about how the Internal Revenue Code treats life insurance and how can that help you save for the future? Doug lays out the advantages of universal life insurance as a savings vehicle.

* How to people who take responsibility for their own retirement benefit those who don’t? Learn how the strain on Social Security, Medicare, etc., is growing by the minute and what that means for most retirees.

* Why is life insurance tax-free when other savings vehicles are either tax-as-you-go or tax-deferred? Doug spells out what Congress realized a long time ago and why they gave the tax advantage to life insurance policies.

* Is it really possible to accumulate and access your savings tax-free? Discover how the IRS specifically made certain life insurance contracts exempt from taxes and how your money can be safe from future tax hikes.

* Why should your goal for retirement savings be having liquid assets safely earning predictable rates of return? Learn how this approach protects you from the dangers of outliving your retirement savings.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

By now, you probably know that Doug Andrew has a 3 Dimensional Wealth YouTube channel where he publishes answers to common financial questions at least 5 days a week. One of the questions which he has been asked repeatedly is whether or not a person is on track to a comfortable retirement.

One quick answer to that is to determine whether your money would last as long as you do, if you were to stop working today. A surprising number of people simply don’t know the answer to that question. In today’s episode, Doug will share 3 ways to tell whether or not you’re on track to a comfortable retirement.

As Doug will explain, this is primarily a function of where your money is invested and what rate of return you’re realistically getting.

HERE’S A QUICK PREVIEW OF SOME OF THE TOPICS DOUG SHARES IN THIS WEEK’S EPISODE:

* Do you know what your internal rate of return is or why it matters? Doug shares his experience of more than 4 and half decades in helping people determine what this rate is.

* Why are those with money invested in the market in IRAs and 401(k)s likely getting a lot smaller rate of return than what they’ve been led to believe. Doug spells out how the financial service industry has consistently come up with the wrong answer.

* What is a strategic rollout and why should you consider one? If you have money sitting in a tax-deferred account like an IRA or 401(k), this is information that could get those taxes over and done with for good.

* Why is Doug partial to Indexed Universal Life Insurance? Learn the difference between Doug’s choice and whole life when it comes to enjoying a rate of return that makes sure you don’t outlive your nest egg.

* How can you eliminate the dangers of taxes, inflation and ongoing market volatility? Doug outlines the strategy that will remove these dangers from your path now and in the future.

* Why is it a near certainty that taxes will continue to go up? Doug breaks down the findings of the Congressional Budget Office regarding Congressional spending and how that spending is likely to be paid for.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew’s 3 Dimensional Wealth YouTube channel receives a lot of financial questions each week. Recently, he’s been asked by a number of people whether or not they can invest in an IRA if they’re already retired. Investing in an IRA after you’re retired is possible, under certain guidelines. But to Doug, it’s not the wisest thing to do.

Under the terms of the SECURE act of 2019, all retirees can now contribute to traditional IRAs if they earn income even thought they’re already retired. With a Roth IRA, you can continue to contribute funds indefinitely. You cannot contribute an amount that exceeds your earnings and you can only contribute up to the annual contribution limits set by the IRS.

So, yes, you can continue to contribute to an IRA but as Doug explains, it’s not the smartest thing to do.

CHECK OUT THIS PREVIEW OF JUST A FEW OF THE TOPICS DOUG SHARES IN THIS WEEK’S BROADCAST:

* What are the three types of income on which we pay income tax? Doug explains what they are and the differences between them.

* Where would you be better served to put your money rather than an IRA? Learn the essential difference between tax-deferred and tax-free savings.

* Are you likely to be in a lower tax bracket when you reach retirement? Doug has the surprising answer to this question and how it’s going to come as a shock to many people.

* Why does Doug refer to the 401(k) as the best savings bond the government ever came up with for itself? Discover how those deferred taxes and strings that are attached to that savings vehicle can be a huge problem.

* What is the advantage in getting those taxes over and done with now rather than waiting until you start accessing your money in retirement? Doug spells out the positives of tax-free accumulation, access and distribution of your money.

* Is the government the best entity to partner up with in your retirement savings plan? Doug explains how people unwittingly end up giving away a third of all they’ve earned under such a partnership.

* And much, much more…

Start by visiting with a IUL Specialist today.

What If You Could Make Your Money Work as Hard as You, Without Additional Risk? Click Here Get Your FREE Copy of The LASER Fund Today….

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.