To: Pre-Retirees, Retirees &  Baby Boomers Nationwide
Fr: Bill Losey, CFP®, CSA
Re: Download Your FREE 30-Page Report Today!!!
Date: August 2008
Do you know if you are making any of The 10 Biggest Financial Mistakes many people make…that could cost you a fortune and jeopardize your retirement security?
Because if you’re not sure, you aren’t alone!
I don’t know if you know this or not, but according to information on the Social Security Administration website, 96% of Americans are not able to fund a retirement that will last their lifetime. This is the case for highly compensated people as well as average wage earners.
Pretty scary stuff, when you think about it! Do you know why this is? Well, in our opinion, it’s because people simply aren’t given the proper knowledge of how to correctly handle their finances when they retire from the company, or when they change jobs! And even if they have the proper knowledge, it won’t do them any good unless they take action. Most people won’t take action or make changes unless they’re forced to because they fear making huge mistakes that could cost them thousands of dollars. This is true, even though most retirees have accountants, lawyers, stockbrokers, company provided assistance, etc!
It’s frightening when you think about it, but your retirement doesn’t leave much room for ANY mistakes. Right? I mean, this IS NOT A DRILL! This is your one shot at retirement, and you…
Cannot Afford To Make ANY Mistakes! Period.
See, do you really know, (and I want you to be brutally honest with yourself), EXACTLY how to make the RIGHT decisions on issues like:
- With the price of stocks all over the place, how do you decide what to buy or what to sell? Should you wait or is now a good time to invest? If you want to diversify, which shares should you buy or sell? What about the tax consequences?
Should you take a lump sum distribution? If so, how? What should you do with it? How much in cash, how much elsewhere? Who should be the new trustee or custodian? Will your retirement distribution money be subject to IRS penalties you’ve never heard of? Should you receive money now or wait until later?
What would happen if you or a family member became ill and needed long term medical care or worse yet, nursing home care? Who pays? How much? What happens if you don’t have enough money? What does the government do?
Are your assets titled correctly or incorrectly? Are your beneficiary designations and contingent beneficiary designations reviewed and updated regularly? Have you established a prudent asset protection plan?
What kind of insurance should you have now? Do you keep what you have, or change it? Are you over-insured and wasting money on needless coverage? Do you know how to figure out what companies and types of policies will best suit your family’s situation?
Do you know how much you’re paying for fee-based investment management services on a percentage and dollar basis? Are you overpaying for this service? Do you know if the management fees are correlated to the ability of the portfolio managers to add value? And most important…
Do you know if you will likely have enough money,
after taxes and inflation, to live your life the way you wish to?
Will you outlive your savings or will your savings outlive you?
Have you analyzed all the options and choices available to you
so you can make educated decisions from a fully informed standpoint?
 These are just a few of the questions you must have answers to! If you don’t…you’re likely to be the next victim of the greedy IRS, or to run out of money! If you make even one big mistake...look out! After all, you only retire once, so you cannot afford any mistakes! You must make the right decisions the first time!
These issues demonstrate how well-meaning, hard-working people like you are constantly at risk to see their retirement security and peace of mind diminish, or disappear all together.
Unfortunately, the world is a much tougher and unforgiving place than it was just a few short years ago. There are so many things to know. So many rules and regulations. So many pitfalls and traps.
Inflation, recession, gyrating stock markets and the fear of another terrorist attack are always lurking. Then there are your kids, your grandkids, or perhaps your parents - and their demands on your resources.
There’s a lot to deal with. And let’s face it. Who has the time to sit and read every tax law, investment option, insurance issue, and so forth? And, even if you had the time to read all this stuff, would you really understand what it all means?
That’s why BLRS has prepared this FREE step-by-step, down-to-earth report for you.
We wanted you to have an easy to understand set of facts that cuts through all the baloney, and tells you the biggest mistakes retirees make…and more importantly, how to avoid them!
To download your FREE 30-page report, The 10 Biggest Mistakes People Make When Retiring & How YOU Can Avoid Them, please complete the form below and click the submit button. Our automated attendant will then email your FREE report to the email address you indicate in less than 5 minutes.
I hope you enjoy it!
Best regards,
P.S. As a special thank you for requesting your FREE report, I'll also start a FREE subscription in your name to Retirement Intelligence®, our award-winning weekly ezine (a $297 value). Each issue reveals tips, tools and secrets to simply and confidently preserve and enhance your health, wealth & happiness! You may cancel your FREE subscription at any time.
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