Members of congress know and use these secrets. In this episode, I'm going to address what are the
secrets to a tax free retirement? Get ready, I've been empowering people to learn these secrets
for more than four and a half decades.
So, my name's Doug Andrew and I've been helping people
optimize their financial assets and minimizing taxes for more than four and a half decades.
I'm a pretty old geezer. I'm 69 as of the recording of this episode. But during all of my career I've
helped people accumulate their money tax-free and then be able to access their money tax-free
and at the end of the day when they finally pass away they leave behind a huge nest egg totally
income tax-free to their spouse, their heirs, either a church, a charity, whoever they want
and it's using a vehicle which I call the laser fund. Which actually helps them to diversify and
create the foundation for a tax-free retirement or to use those funds for all kinds of other goals.
But do you know in one form or another of printed material or audio or video education. I have sent
out over one million dollars episodes, books, articles, about the secrets of a tax-free
retirement. Do you know for over a decade I sent out thousands of these big envelopes to people
who requested them. I'm going to show you how you can learn this without necessarily having to read
this particular ebook. This was a 38-page book that I sent out to people and a lot of times
they wanted to have a hard copy. Because most of the people who were interested they were
like 55 to 75 years old and they liked to read something they could hold in their hand
and they didn't want to read one of my full 300 page books and so they would order this but I also
included inside of this envelope the audio version also. So, let me just share with you in this episode
what I talk about in this 38 pages secrets to a tax-free retirement. It says protect yourself
from the dangers of increasing taxes market volatility by using my favorite vehicle and MFTA
that stands for max funded tax-advantaged, IUL indexed universal life insurance contract.
Where I've earned average returns between seven to ten percent but many years we've had clients earn
25% 30% and even 61.33% this very year that I'm recording this episode in 2021.
S,o get ready, put on your seat belt. I'm going to share with you a few glimpses
of the secrets to a tax free retirement and then stay with me to the end i will gift you a copy
of my most recent 300 page best-selling book The Laser Fund shown here on the screen. Which
is actually two books in one. This side is 200 pages with charts and graphs and explanations.
This side when you flip it over has about 62 actual client stories of how the laser fund is the
dream solution for all kinds of financial goals. Now, what I always share in my various publications
and my educational videos is that Americans do not have to put their money at risk be subject
to market losses in order to try to get ahead in the long run. You can participate when the markets
go up but not lose when the markets go down using one of my favorite strategies called indexing
and that's why I love to put money into an indexed universal life insurance contract. So that
I can accumulate my money tax-free and access my money tax-free it knocks the socks off of a Roth
and be able to be immune from taxes inflation and market volatility. Let me show you the
secrets to a tax-free retirement based on the actual internal revenue code. You ready?
In the internal revenue code since 1986 tax reform. Who was president of the united states in 1986?
Ronald Reagan, it was a second term and so he passed what is called the 1986 tax reform act ever
since then Americans only pay income tax on three types of income earned passive portfolio income.
Earned income, salaries wages. Passive income, that's like rental income or lease income. Portfolio
income, would be interest or dividends. Those are the only three types of income Americans pay
income tax on on the front page of your 1040 tax return. My favorite vehicle which I call the laser
fund. Laser is an acronym that stands for liquid assets safely earning returns is not deemed to
earn passive or portfolio income. A million dollar nest egg can generate 80, 90, 100,000 a year of tax
free income and people say, "Why is it tax-free?". Well, it's a sacred tax-free cash cow in the internal
revenue code for over 107 years because it takes pressure off of the government to use tax dollars
to take care of people who didn't save and on and on and on or if they died prematurely. But
if I simply cut to the chase. Because the laser fund generates cash flow or income that is not
fall under one of those three umbrellas there is nowhere on a tax return to put it. It's not
a secret. The IRS knows if you have one and the million dollar nest egg is generating a hundred
thousand a year of income they know it's tax-free. They don't even need to audit you because it's
been sheltered for over a century it's not one of those three types of income. So let me explain
why and how in the internal revenue code for over a century section 72(e) allows you to accumulate
your money tax-free inside of a max-funded insurance contract. What's that? That's basically
a life insurance contract where you're doing the opposite instead of trying to get a bunch of death
benefit for the lease premium you're doing the opposite. You're trying to get away with the least
amount of insurance the IRS will let you get away with and put in the most money the most premium
the IRS allows as fast as they allow because you're going to use it for living benefits not
just the death benefit. 72(e) says that I can accumulate my money inside of their tax-free.
7702 says you can access the money for living benefits tax-free. So that if you're in your
30s, 40s, 50, it doesn't matter whenever you want to access money you can access your money including
the gain if you do it the smart way without paying tax. This is far better than a Roth by the
way and you can learn with other videos on this very channel why. By the way ,if this is already
intriguing you. I would recommend you subscribe to this three-dimensional wealth Youtube channel
it's free. Click the little bell so you'll be notified every time I post a new in-depth answer
to a financial question. I do it almost on a daily basis but stay with me to the end because I want
to give you a copy of my most recent best-selling book called The Laser Fund and this will blow
you away with opportunities you never knew existed before. It will teach you about this
but 7702 allows me to access my money tax-free section 101a of the internal revenue code allows
that any money that I have in my account in my insurance contract when I die now blossoms
increases in value and transfers tax-free. If I died right now at 869 every million would blossom
to about two and a half million and transfer tax-free to my wife my kids my grandkids.
There's not a Roth around that'll do that see and so these are like a sacred tax-free cash cow
sections of the internal revenue code. Now tef for different Tamara are actually tax citations.
You'll learn in the book that this is the tax equity fiscal responsibility act of 1982
and this is the deficit reduction act of 1984. It basically says you know what if you want to
use one of these insurance contracts for living benefits it shows you how you can squeeze down the
death benefit as tight as possible based upon your age and gender. So it doesn't matter. If you're a 22
year-old athletic marathon running female or if you're a 60-year-old or if you are a 79-year-old
and you've had a adult onset diabetes, a prostate cancer, episode and three blocked arteries cleaned
up with angioplasty. I have a friend of our family who have that we all can have one of these and we
can be earning 11% and netting 10 because the cost of the insurance that the IRS says has to be there
in order for it to be tax free is the same for the 20-year-old, as the 60-year-old, as the 79-year-old.
Because the amount of insurance required goes down as you get older. This is incredible you wouldn't
believe how many financial advisors and even insurance agents don't understand what I just said.
That's TEFRA and DEFRA it gives parity. TAMRA the technical and miscellaneous revenue act of 1988
says you have to fund it over at least four years in one day on the average okay if you're over age
50. You can do it faster than that if you're under age 50 in order to have it be tax free when you
access the money. You have to jump through certain hoops. So, I've compared this off times to like
a bucket these talk about how you can have the insurance qualify for tax-free accumulation access
and transferability. TAMRA basically says if you want to have tax-free income
forever after you want to be grandfathered to have that your account is like a bucket. You design it
to accommodate the amount of money you want to put in there. Whether it's twenty thousand a year,
a hundred thousand a year, a million a year. See, this is not like an IRA 401k. You get to determine
the amount of money you want to be grandfathered to put in there. You don't have to put in that much.
You can make up or catch up for the years you don't put in the maximum amount. But the
fastest you can put it in based upon TAMRA is 20% a year. So let's say I want to be grandfathered to
put in a grand total of $500,000 I could put in up to 100 grand a year. A 100,000 the first
day of the first year. A 100,000 the first day of the second year and then the third year
the fourth year and finally in the fifth year which is actually four years and one day later
I have my 500,000 in there and this thing can double to a million. A million doubles to 2 million.
2 million dollars to 4 million. 4 million dollars to 8 million. Yeah, we've had many
clients who have experienced that exact scenario and now whatever you end up with when you retire
8 million dollars. We have a client with 8 million bucks it's generating
600 to 800,000 a year of tax-free income forever because they complied with TEFRA
DEFRA and TAMRA. That's the power behind this. So, let's go through how it eliminates the dangers
that I referenced earlier. So why is the laser fund one of my favorite financial vehicles? Because I
have found that most retirees outlive their money based upon three big dangers and the laser fund
eliminates these dangers. It makes yourself immune from them. Here we go. The biggest danger is taxes.
Taxes are not going down. Taxes most people believe are going to be higher in the future. The laser
fund's tax-free. Inflation, I can link my returns to the things that inflate. If inflation goes to 10%
I've usually earned 15 or more. If it goes to 15 I earn 20. If it goes to 25 you can learn how
to outpace inflation by watching episodes on this very channel. Just search inflation okay and also I
eliminate the danger of market volatility. Because I can make money when the market goes up and not
lose one dime due to market volatility when the market goes down using a strategy called indexing.
So, the greatest opportunities that you'll read about in the book I'm going to gift you
is to convert to tax-free vehicles using the laser fund. Link your returns to the things
that inflate so inflation helps you instead of hinders you and use indexing so that when
the market goes up you get to benefit when the market goes down you don't lose.
Sound too good to be true? No. We have thousands of people that have been utilizing this very strategy.
Why do I like the laser fund because it passes the liquidity test I can access my money when I need
it, anytime. I don't have to wait till I'm after age 59 and a half I can put in whatever amount and I
have access to it liquidity. I have safety not only of the institution but safety of principle. In a
year, I make money that becomes newly protected principle. I lock in the gain. I make and I reset
in 2017 we had a lot of clients that locked in gains of 16%, 25% on a million dollars they made
250,000. The next year if the market would have crashed they still would have had a million
250, 000 at the end of that year they may not have made anything if the next year crashed but they didn't
lose and so that's called safety of principle and then predictable rates of return that historically
have beaten inflation. Here's how you can claim your free copy of the laser fund book. Simply go to
laserfund.comlaserfun.com or click on the link below. You contribute a nominal amount towards
the shipping and handling I'll cover the rest of that cost. I'll fire out a hard copy of this 300
page book to you. There's also options there if you like to listen and learn or watch and learn
and also we have educational webinars. Again, I implore you to subscribe to this channel
and click the bell to be notified every time I post an in-depth answer to financial
question. But this book is actually two books in one. As shown here the right
hand side the white here it is about 200 pages 14 chapters with all the charts and graphs and
explanations. But if you're more of a right-brain learner you learn by stories and examples. You
read the orange-covered side by flipping it over. This is 100 pages 12 chapters with
62 actual client stories. So claim your free copy now and here is to your brighter future.