Here with another member success story…
Can you imagine the stress of working in an emergency room?
The ambulance screams up to the ER entrance. Medical personnel rush out and swarm the patient.
Doctors bark instructions. Nurses scurry for supplies. Treatments start on the run.
An emergency room may look like chaos, but when it’s your life on the line, you appreciate the speed and efficiency these pros put into their jobs.
Ralph A. is one of those “pros.” He’s an emergency room registered nurse.
One of the things Ralph has learned working in the ER is that it takes a team to get through those stressful moments.
Everyone’s role is important, but no single individual can possibly handle everything needed in a medical crisis.
Recently Ralph has also become a savvy investor.
And he found the same thing applies to handling financial matters…
You Need a Team to Create Financial Success
Ralph wrote in recently to share with us the phenomenal success he’s been having and it’s all about building a wealth team.
Ralph had a few things working against him. Things that could have made him give up.
First of all, Ralph lives in America’s heartland, an area hit particularly hard by the 2008 financial crisis.
Secondly, Ralph is a 61 year-old baby-boomer, staring retirement square in the face.
To make matters worse, Ralph says he’s been “blindly led by the nose for the past 40 years” in regards to financial advice.
But Ralph didn’t give in. He took action, and now he’s taking control of his financial future.
In his own words, “I feel fantastic. I feel in control of my retirement planning and wealth management for the first time in my life.”
How did Ralph take control? It was a three step process.
1. He refused to be led by the nose
2. He started educating himself
3. He took action and started building a wealth team
Once again, here are Ralph’s own words:
“Knowledge is power. My family is surprised at how animated I have become on this issue. My oldest son says that I am a fanatic about it in a good way. We are all excited to get our advisory team formed and start smart investing.”
While others of his generation have resigned themselves to a subpar or delayed retirement…
Ralph is Right on Track to Retire on HIS Terms
Although he has educated himself on the first 14 lessons, Ralph has specifically taken action on Lesson 2 on “How To Become Your Own Bank and Retire Rich,” and Lesson 4 on “How To Empower Your Children To Create A Billion Dollar Family Legacy.”
Anyone who has a family should follow Ralph’s lead on this.
Leaving your children a nice inheritance might make you feel good now…
… but empowering them to use those funds wisely and create a lasting family legacy is priceless.
The Final Piece of the Puzzle
The last (but not least) success that Ralph has had is taking control of his tax situation.
No matter where you live, there are always tax breaks you can take advantage of … if you know how.
Ralph says, “I am excited about my liquidity of assets and learning how to leverage them with all the tax deferments legally possible.”
Ralph is off to a great start and life is only going to get better as he continues to implement more of the EVG lessons and applies the financial education he’s receiving.
We invite you to join Ralph.
Take control of your finances. You can start today.
After reading the book I recommend finding the right people to help you here http://infinitebanking.org/agent-finder
Be sure to watch a few short videos to help you understand how it works http://www.becomingyourownbank.com/video
Who knows? Maybe we’ll be writing about YOU next time.
Thanks again for all the great feedback. Here are a few notes we’ve received in the last few days:
Great emails thanks…keep them coming….. – Phillippe
Thanks for the e-mails. I really do enjoy them. – Tessie Mae:)
Until the end of this year dividends are taxed at a greatly reduced rate. Earning them inside an IRA makes them fully taxable at some future date. The same applies to capital gains. The IRS will make more money from you if you earn these income items inside an IRA.
I heard endless discussions about this here in Canada for the analogous type of account. It is clearer in Canada because capital gains have been taxed at a reduced rate since 1971 and dividends for about the same length of time. – David H.
Good point David … although it only applies to a traditional IRA (taxes deferred until withdrawal).
In the U.S. you can also form a ROTH IRA. With a ROTH, you pay taxes on the amount you put in now. Then all your withdrawals during retirement are tax-free.
That’s all for today.
Your Partner in Prosperity,