New Phase Financial
Specializing In
Safe Money Retirement Solutions
When You Just Can't Afford Another Market Crash
Call us: +1-760-846-0436
The Dark Side of the 401(k) Plan
It's What You Don't Know That Is Hurting You
Time Magazine is quoted:
"The ugly truth, though, is that the 401(k) is a lousy idea, a financial flop, a rotten repository for our retirement reserve. (Source: Time Magazine, Oct. 2009, by Stephen Gandel, Time Magazine staff writer),
CBS 60 Minutes interviewed U.S. House of Representative George Miller of CA, Chairman of Education and Labor, stated to 60 Minutes that the 401(k) program is riddeled with up to a dozen hidden and un disclosed fees that in some cases eat up as much as 50% of the income, in some 401(k) programs, over a 30 year span". (Source: Representative George Miller CA interview with CBS 60 Minutes; 401(k) Fallout, April 2009 ) This 3 minute video is a must watch...
The dark side of the 401(l), IRA, qualified plans were exposed by the bear markets of
2000-2003 and 2008 when Wall Street and people just like you lost hundreds of millions
of dollars. CBS Morning Joe & Time Magazine 2 minute video.
CBS 60 Minutes interviews David Walker, former Chief Auditor for the Congressional Budget Office, candidly discusses the inevitable ...Increasing Taxes and Decreasing Benefits in America. If taxes do go up you could have far less retirement income than planned.
Is this something you are concerned about?
A little known retirement vehicle, created by 3 Congressional Acts in the mid
1980's, approved by the IRS, used by billionaires, millionaires, members of
the U.S. Congress and now it's available to you.
This is the program that Wall Street hopes you never never hear about.
- Tax Free Income when structured to IRS Code 7702 & 72(e)
- "Guarantee of ZERO Loss" when Markets crash
- Gains are locked in annually
- Match earnings up to 15% of the S&P Index in the good years
- Tax Free Asset transfer to heirs
- Tax Deferred compounding growth
Are You Intrigued?
First go to page 2 (The Problem Tab) and watch the short videos. I guarantee you'll be shocked and upset.
- (3 minutes) CBS 60 Minutes: 401(k) Hidden Fees you never knew you were paying.
- (2 minutes) Time Magazine: Market Crashes and the devastation to 401(k)s
- (10 minutes) CBS 60 Minutes: Raising Federal Taxes
Then go to (The Solution Tab) To watch a short video on The Better Money Method.
Finally (The Big Lie Tab) Average returns vs. actual returns
Now it's time to order a free copy of The Better Money Method book at the (Free Book Tab
New Phase Financial, LLC ® 5927 Balfour Court Suite 201, Carlsbad, CA 92008
Are you a conservative investor or business owner with an IRA, 401(k) or other Qualified Plan...with the majority of your retirement moneyn mutual funds or stocks? Here are three questions to ask yourself.
- How many more market crashes will you see before you die?
- Do you think taxes are going up or down
- How much of your retirement plan can you afford to lose before you do something different?
Are you certain your 401(k) or IRA is the safest place
to position your retirement money?
Think Again !
Steven Johnson
President
sjohnson@newphasefinancial.com
