Estate Planning Mistake #7 continued: Estate shrinkage due to investment losses. How to insulate your wealth from all risk and guarantee an inheritance. Special guest: Todd Phillips, President of Estate Planning Specialists

In this podcast, David Phillips continues his discussion about wealth strategies and retirement savings with Todd Phillips, the author of the book "The Future Retirement Savings." Together they show you how to protect your estate from investment loss and market risk, discussing how you can avoid one of the main Longevity Risks, which is running out of money. They cover important topics such as creating guaranteed lifetime income, fool proof your investments by investing in safe money vehicles that allow you to participate only in the upside of the market, with zero market risk, and how to earn an upfront deposit bonus of 8%.

Chapters:
0:00 – Using permanent life insurance to guarantee your posterity an inheritance, no matter how the markets perform, how much you spend or the taxation laws of the day.
1:00 – Introduction of Todd Phillips, co-author of Generational Wealth Strategies Newsletter – Safe Money Corner and Best of the Month columns. (see show notes)
2:00 – How to end up a winner at the Blackjack table: TAKE SOME CHIPS OFF THE TABLE
3:50 – What is “Safe Money Investing?” – Todd Phillips
4:00 – Guaranteed lifetime return of at least 5%
5:50 – Todd’s book The Future of Retirement Savings (Guaranteed Income: How to Lock in Double-Digit Returns for the Rest of Your Life).
7:00 – What is an Indexed Annuity?
8:10 – Indexed Annuity – Use a stock market index as your interest market, but not actually investing in the index. When it is negative – you get zero interest for the earnings period, with no loss to your previous gains.
11:50 – Difference between income return and walkaway return. Todd: “If something sounds too good to be true, it usually is!”
12:10 – Indexed Annuities – behind the scenes!
14:10 – Todd’s favorite Indexed Annuity today, $100,000 deposit gets an 8% upfront deposit bonus = $108,000 total deposit.
15:58 – Worry Free Income For Life Annuity - 65 year old couple deposits $1 million = $111,000 a year guaranteed income for life if they wait 5 years to begin taking income. Will double if either couple has a Long Term Care event.
18:10 – Staff trained to help clients find “safe money” opportunities. Call 1-888-892-1102
18:40 – Generational Wealth Strategies newsletter – Best of the Month – A Unicorn
 
Learn more 

• Estate Planning Made Easy website
• shop.empez.com, use discount code: EPMEZ  to receive a 50% discount

• The 10 Most Common Estate Planning Mistakes, 4th Edition, by David T. Phillips
• Generational Wealth Strategies newsletter
• Todd’s Safe Money Corner: Best of the Month column
• ROPLTC.com website for information specific to Return of Premium LTC (ROP LTC).


• After LCS Financial Snapshot chart
• Call 888-892-1102 to preorder Todd Phillips’ new book: Guaranteed Income: How to Lock in Double-Digit Returns for the Rest of Your Life, www.shop.epmez.com

Contact:
    •    Estate Planning Specialists at 888-892-1102
    •    The Durfee Law Group at 480 324-8000

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