My Family Financial Miracle

04/22/2024

https://triquestelite.com/25vs65

08/20/2023

My favorite time of the day. The mornings are so beautiful this time of year. The river is bubbling with schools of fish. The birds are waking up, singing their songs. God paints a new sky.

01/30/2023

Did you know the Index Universal Life product can outperform the equity market?

There are so many great features IUL has to offer. One of the best features is the restrictions on the contract. The product has floor and cap restrictions. The floor is normally a standard provision of 0%. The cap varies year to year. The average cap over the last 25 years is 11%.

01/26/2023

01/18/2023

Day 4 of the 5-Day Financial Fitness Challenge is about SAVING!

We all know we should save more, but what’s the right amount for YOU? A general rule of thumb is you should save at least 15-20% of income.

DAY 4 TASK:
Calculate the following to compare what you are currently saving to what you should be saving.

Consider ways you can change your money habits to reach that target goal.

Multiply your monthly income by 15%. Subtract the amount you are currently saving from that amount you should be saving.

$ _______________ (amount you SHOULD BE into savings each month)
$ _______________ (amount you are CURRENTLY saving each month)
$ _______________ (additional amount to save each month)

Whether you write the answers down or type them in a note on your phone, completing these tasks will help you get started toward a healthier financial future.

01/12/2023

Feeling unsure that the plan you have in place for retirement will take care of you?
The biggest mistake I see people make when thinking about their retirement is that they don’t GROW, PROTECT and REDUCE the taxation on the money they’re saving for retirement.
Most people only focus on 1 of these 3 essential elements, and if that’s the case, they are at risk of 𝙧𝙪𝙣𝙣𝙞𝙣𝙜 𝙤𝙪𝙩 𝙤𝙛 𝙢𝙤𝙣𝙚𝙮, 𝙗𝙚𝙞𝙣𝙜 𝙤𝙫𝙚𝙧-𝙩𝙖𝙭𝙚𝙙, or 𝙝𝙖𝙫𝙞𝙣𝙜 𝙩𝙤 𝙬𝙤𝙧𝙠 𝙪𝙣𝙩𝙞𝙡 𝙩𝙝𝙚𝙮 𝙙𝙞𝙚.
If you’re looking for bar-non, the safest financial accumulation vehicle available today and the most effective retirement method in the United States, I want to gift you a copy of my latest mini-book, The Retirement Guidance System.

In it, I reveal:
The pros and cons of standard investment options, such as Stocks, Equity Indexes, Mutual Funds, and Bonds, and which may be right for you. And you’ll discover the little-known retirement strategy that has helped thousands of hard-working U.S. citizens grow their nest egg, leverage their income, and protect their retirement against market volatility.

Don’t let uncertainty about retirement hold you back any longer. Get the peace of mind you deserve by downloading this free mini-book today.

Click here to download now → https://guide.myfamilyfinancialmiracle.com/rgs

01/10/2023

Day 3 of the 5-Day Financial Fitness Challenge is about ASSETS!
Assets are an important part of your long-term financial plan. There are different types, each
having benefits and things to consider when it comes to how they could impact your retirement.
Optimally, your portfolio should be aligned with your goals and positioned correctly to help meet them.

DAY 3 TASK:
Take inventory of your assets so you know exactly what you have and how it could help you
reach your goals.
- Qualified Plans
- Investment Accounts
- Life Insurance
- Real Estate
- Savings
- Other

Whether you write the answers down or type them in a note on your phone, completing these tasks will help you get started toward a healthier financial future.

01/10/2023

Here is an interesting article provided by Forbes, "Why Index Universal Life Insurance Might Be New 401(k)" written by Dr. Edward Burns Jr. Check it out!

https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2022/10/03/why-indexed-universal-life-insurance-might-be-new-401k/?fbclid=IwAR1oValN64yWd3YPYePEW7AoyUbE6UAxOXM9za4OvRPFks3Dk9TZM-ZZ7Kc&sh=437a80b760c9

In this article, I'm going to break down some top considerations you need to make when making comparisons between IUL insurance, whole life insurance and a 401(k).

01/05/2023

Retirement plans keeping you up at night?
Here are the 3 major 𝗻𝗼𝗻-𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝗯𝗹𝗲𝘀 that every retirement should have (but most don’t):
1️⃣ Liquidity
Liquidity is the ability to access your money anytime through multiple tax-free IRS-compliant options, so you can withdraw, borrow, or collateralize your money without IRS penalties and income taxes.
2️⃣ Use
You don’t have to wait until you're 59 and a 1/2 to access your money. You can use your money anytime you want for whatever you want.
3️⃣ Control
You are the one that controls the value of your savings because you
eliminate market volatility and future income tax liabilities. You locked in your account gains and kept your money compounding every year.

If your plan does not have all 3 of these non-negotiables, you risk running out of money, being over-taxed, or working until you die.
So ask yourself, “Does your current retirement plan address your future tax risks, inflation risks, stock market risks, etc.?”

01/05/2023

Day 2 of the 5-Day Financial Fitness Challenge starts with INCOME!

To get a clear picture of where you are financially, you must get control of one of your most important assets – the money you make each month. This gives you a starting point to understand your spending habits, saving opportunities, and realistic lifestyle goals.

DAY 2 TASK:
What is your household’s:
- Gross income (before taxes): $_______
- Net income (after taxes): $_______
- Discretionary income (amount left over at the end of the month after all expenses are paid): $______

Whether you write the answers down or type them in a note on your phone, completing these tasks will help you get started toward a healthier financial future!

01/03/2023

The 5-Day Financial Fitness Challenge starts with GOALS!

Before you can determine what your financial plan should look like, you should consider what you want your life to look like. Be specific and consider what matters most to you.

Day 1 Task:
Answer the following questions to complete the first day of the Financial Fitness Challenge!

- What does success look like in your life?
- How would the right financial plan enable you to live that life?
- What amount of income would you need in retirement to meet your needs and achieve your goals.

Whether you write the answers down or type them in a note on your phone, completing these tasks will help you get started toward a healthier financial future.

12/30/2022

You should have a Financial Fitness Goal in 2023.

It’s a new year, and that means you have a wonderful opportunity for a fresh start. Even if you have a shaky history with New Year’s Resolutions (haven’t we all at some point?), we’ve put together a 5-Day Financial Fitness Challenge to help you get going on what you want to accomplish with your finances – not just for the year, but for your life.

Think of this as a chance to make “healthier” choices about your money by knowing where you are currently, where you want to go, and the next step to finding out how to get there. Each day, we’ll share a simple task that will take just a few minutes to complete. Whether you write the answers down or type them in a note on your phone, answering these questions will help you get started knowing where you are financially and the direction you want your goals to
take you.

This short but powerful 5-day challenge will help you focus on your long-range financial goals.

Stay tuned for the Financial Fitness Challenge!