Blog

Universal Life Insurance is a Risky Purchase… just look at the Market Correction this Month!

Dec 12, 2018Tomas McFie

In front of me is an Index Universal Life Insurance (IUL) illustration.  A prospect emailed it to us because his agent had promised he could receive $31,000 a year in retirement income annually for the rest of his life if he would pay a total of $183,000 in premium over the next twenty years. Here …

Read More...

Interest You Earn Is Weightier Than Interest You Save

Dec 5, 2018Tomas McFie

Over $5,700 per household, that’s the new average for credit card debt in this country.  And the average rate of interest being charged for that credit card debt is now 17.14%!  But credit card debt doesn’t even cast a shadow compared to student loan debt.  Debt incurred for an education has now surmounted to $1.5 …

Read More...

How You can Increase Your Free Cash Flow using the 10-20-70 Rule

Nov 28, 2018Tomas McFie

George Clason, the author of The Richest Man in Babylon, is responsible for the 10-20-70 Rule.  He tells the tale of the egg merchant going to the gold merchant to find out how the gold merchant got his gold. The gold merchant, delighted that the egg merchant wasn’t asking him for his gold, gladly told …

Read More...

Lasting Wealth

Nov 21, 2018Tomas McFie

Wealth resides, not in ownership, but in contentment.  In other words, don’t allow what you do not have to destroy the wealth that you already possess. If you accomplish this, you will experience the wealth that only comes with contentment. Yet, even when you find contentment there should remain within you a certain level of …

Read More...

Ignore Most Financial Advice and You’ll Keep More Money

Nov 14, 2018Tomas McFie

Imagine you are earning a 5% rate of return on an investment where you contribute $1,000 a month over a thirty-year period of time.  After you pay your 0.5% management fee you’ve lost 9.02% of your earnings even though you only paid 5.63% of your earnings towards the management fee.  If your management fee was …

Read More...

Your Retirement Plan Is Getting Shoved Around again, but here is How You Can Prevent It

Nov 7, 2018Tomas McFie

The Federal Reserve is at it again.  Raising interest rates, as if they have some crystal ball that tells them what only God could know, what is a fair and authentic interest rate. Here’s the crux of the matter.  The U.S. monetary system depends on deposits, loans, and interest to fuel it.  If the Fed …

Read More...

Tu plan de retiro esta en riesgo de verse afectado una vez más, pero aquí te decimos como puedes prevenirlo.

Nov 7, 2018Tomas McFie Translated by: Luis Uribe

La Reserva Federal está en lo suyo una vez más. Aumentando las tasas de interés, como si tuvieran una bola de cristal que les diera la respuesta a cuál es la tasa de interés más justa y autentica, pretendiendo saber solo lo que Dios puede saber. Este es el meollo del asunto. El sistema monetario …

Read More...

Your Financial Security and Sustainability Depend Upon This!

Oct 31, 2018Tomas McFie

Things can get spooky in life…and not just on Halloween. Both Michele and I were raised in Oregon.  Five of our children were born in Oregon. We have extended family that live in Oregon.  So, why did we choose to leave Oregon and move to Nevada? Oregon has become the second most expensive state in …

Read More...

Your # 1 Threat to Building Sustainable Wealth

Oct 24, 2018Tomas McFie

It’s no secret that your odds of becoming part of the wealthiest 1% in the world is reasonably achievable, as one in nine Americans accomplishes that every year.[i]   However, you have less than a 2% chance of remaining in that top 1% tier for more than 5 years and less than a 1% chance of …

Read More...

Annual Returns… The Trickiest Illusion of All

Oct 19, 2018Ben McFie

The biggest financial fear many people have is that they will run out of money.[i] Not only are returns shabby, at best, but human lifespan has gradually been rising. This is not a good recipe for being able to retire care free on the money you’ve put away during your career. But even with what …

Read More...
21 Pages | 210 Results