Tuesday, July 2, 2013

Retirement Fund Penalty - Huge Rethink!

I post some thoughts today in light of this article about the financial shortfall for a widow whose husband withdrew retirement funds at sixty-two rather than sixty-five.  First, I was saddened for this lady.  The penalties, loop-holes, and regulations are there for a reason, but it still saddens me to hear that this happened to her and does happen to countless others in her situation.  Second, this article made me think that what I do in teaching the Infinite Banking Concept is so vital to people right now between the ages of forty-five and fifty-five.  This time frame for people is so critical because if retirement funding has been limited or needs a dramatic boost, at
Life Success and Legacy we can provide a free retirement analysis on how to turbo-charge retirement "passive income" as Neslon Nash says in his book.

Finally, I share this today because if a couple or individual would simply look at Infinite Banking as a viable retirement option they would see that the whole early withdraw and the whole idea of penalty at 62 and limited Social Security at 65 or beyond for a widow - the whole article I've re-posted becomes in a sense a mute point.  Why?  because we're talking about a dependency on a government structured plan rather than a plan that YOU control and design.  Take this revelation and run with it.

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