Double Dip Recession? Who else is worried that Retirement Benefits will shrink with the second Dip?
If You are Worried, then please play the short video presentation below…
I’m betting this is not the first site with retirement information you’ve visited. Let me take a wild guess at what you’ve seen so far:
1. You can retire comfortably and in some cases sooner by analyzing your retirement accounts and re-allocating them to earn higher returns. (I do agree with this one!);
2. Sites insist on diversification, often within the same companies
3. You get a double-barreled blast on why you should let him or her do the investment for you
Why are these guys so scared of giving you information so you may make investment decisions yourself? Are they scared of not getting commissions on your investment?
Well, now you have the power to do all you can. The e-book below will give you all the power you need. And above all, it is all free!
And a true pro isn’t going to say “Putters are garbage; a driver is the only way to go.” He’s instead going to tell you to match the tool to the job at hand.
What I’m going to do on this web page is give you a serious power tool for your retirement arsenal: How to accelerate your IRA and retire in comfort.
Notice I didn’t say that this is a secret way to accelerate your retirement funds. No. There are no secrets where IRS is concerned. In fact, many documents by IRS have specific stipulations on how IRAs can be invested. For example, Publication 590 of IRS on pages 44-49 explains where and how your IRA can be invested. And you do not need anybody to invest. You can do it yourself.
I’m telling you this so you don’t think I’m some “one-trick pony”, who only wants to discourage you from talking to your financial advisor.
But almost everybody uses financial advisors…no, almost everybody is SCARED to do it themselves. Just look at your quarterly statement! Are your returns based on an advise you were given? Is it above 8%? Is it above the inflationary rate?
The same scared Bob Smith. He had to do something. He read our free book and did exactly what he was instructed to do. Here is his story.
Bob Smith’s story
The Facts
Bob is 50 years old and didn’t invest very well in his early years. He had an IRA valued at $50,000 invested in CDs at a local bank and a 401k at his prior employer worth $100,000. He wants to accelerate his retirement funds tax free and decides to purchase a building for $120,000 for a quick flip.
Step 1
Bob made a cash offer to buy a short-sale property at below market value, naming his IRA as the buyer. He signed as custodian on behalf of the IRA. As follows:
He had all paperwork forwarded to (Equity Trust) custodian with authorization to fund the transaction. Due diligence, title search, closing, etc. took place as in any other deal and the custodian transferred funds from the IRA to a title company handling the closing on the required date, after being convinced that it was a legitimate deal.
Bob forwarded all related bills, contractor’s bill with authorization for payment to custodian (i.e. taxes, etc.)Step 5
After closing, Bob spent $8,000, (sent direct from his IRA Custodian to contractor) to fix up the property and put the property in the market for $150,000. He found a buyer for $145,000 and closed the deal in six months.
Step 6
$145,000, a total sum of sales amount is sent to Bob’s IRA account by the closing agent.
Let us look at the numbers now.
Bob had
$50,000 (IRA in CD in local bank
$120,000 (401K) from previous employer- sitting and waiting for retirement
Bob spent
$120,000 to purchase property in his IRA
$8,000 to fix and prep house for sale
Total $128,000
Balance in IRA: $22,000 in IRA
Bob sold for: $145,000
Profit: $17,000 in six months!.
He now has a total of $167,000, compared to nearly $150,197 he would have made in the previous investments!
…So what am I saying here? All I am saying, is you can use your personal strengths to fast track your retirement account. Simple and free!
Back to golf: Knowing how to invest your IRA without taking the funds out, in a tax free environment is like adding a massive driver to your golf game.
Wouldn’t a honkin’ big driver get you down the fairway to your objective faster than anything else in your bag? You bet!
I know some may say, Bob was just one lucky guy. Not at all, there are many more examples of people who got similar results using different vehicles.
I promise you. This is something you can do by yourself. You do not need a financial advisor to take clip your profits in commissions. You can consult IRS or even an Estate Planning attorney, and we can give you referrals if you so wish. This FREE E-BOOK is all you need