When to start your guaranteed stream of income
Most of us are lucky: we can start our guaranteed income stream whenever we want. We only need to decide how much we want or how much we need to live comfortably. And the bonus at no extra cost is that the benefit grows with inflation. My wife and I began receiving our guaranteed income stream at different times in our life so it is easy to compare how your decision can make a huge difference. I started my stream of income at age 62 because I could find no work. I have been getting my monthly check of $1,691 with inflation step-up for a number of years. It goes right into our checking so we can spend it right away. No wait to clear a paper check. My wife liked working so she waited to start her stream of income till she could improve her benefit no more. At age 70 she began and now she receives $3,495 a month. This is over double my benefit and my last salary was greater than hers. We pay nothing extra for the inflation increment each year and the administrative costs. Medicare costs come out of the benefits automatically so we don’t have to worry underpaying our health insurance plan. These benefits come because we paid for them every paycheck. No supplemental insurance (annuity) could have matched these benefits for life. Plus we get to keep our retirement funds growing—earning more for later. “The question isn't at what age I want to retire, it's at what income.”
https://www.amazon.com/Not-Buy-That-Annuity-Guaranteed/dp/1466494573
Have you taught your child how to make tax-FREE money?
Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with about $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. I have used this 'Wealth Reserve' as I call it to have funds to buy low-cost insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a month in retirement supplement. Now your child can build an account that provides tax-FREE education and retirement income too.
Time is on their side: https://www.amazon.com/Give-your-child-leg-up-manage/dp/1096505355
If you are worried
about your money in a bank, move it
Most large banks can
handle your money unless you keep $millions in 0% savings loosing money. Even
holding Treasuries
isn’t safe. Many of my readers aren’t worried because they are riding out
the craziness of the gains and losses of the gamblers’ market moves. When
gamblers loose at the tables, they are supposed to go home poorer. The well-connected
never have to suffer it seems. Congress is happy to lower the bank
regulations for their schemes. Regulators are happy to please the rich and
famous, especially if they sit
on the same boards. My readers are investing for the long term so they only
have to keep their money spread around in profitable businesses as Buffett
advises. Over time they have been rewarded with gains and dividends
that will help their nest eggs grow. They don’t have to speculate on stocks
or ETF during these crisis times. They are happy with most
10-year growth periods. Using low-cost mutual funds that compound over time
they have found steady growth—doubling their funds every 7 years. They own
shares in real profitable firms making things of value not ticks in a computer.
It is TIME,
not timing that builds wealth.
https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X
S&P
500 up 5% YTD vs 5%
1 year CD
Investing is about
taking a chance—short or long-term. With your CD, you will always receive your
5% in a year. You will usually pay a penalty to withdrawal early. Your money
is guaranteed up to $250,000 unless the government steps in to make you
whole no matter how much you lost. This
doesn’t happen often. Investing in the top 500
https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592
In 2024, Roth
401(k)s will no longer impose RMDs
The Roth
401k will get even better in 2024. Your money—deposits and earnings—are
already tax-FREE after retirement (contributions are never taxed). Starting
in 2024 you are not subject to RMDs which make you take your retirement
benefit out every year. This means you get to create a legacy for your family
without a trust—FREE. You can use your money whenever you wish. The required
minimum distributions are required for 401k and IRA accounts because you get
the tax benefit at the time of contributions. This lowers your income and tax
if you pay in every payday. If you also make contributions to a Roth account,
you have the option of never paying income tax on the gains. Thus you could
turn your Roth IRA or 401k into a tax-FREE retirement system worth $millions
https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072
GOP vision of
Children’s education
reduced to DeSantos Conservative ideology
WV bans
health care for transgender minors
FL wants to ban
the Democratic Party as revenge for toppling Confederate monuments
FL
blocks League of Women Voters legal activities (rally, meetings)
FL DeSantis will
have a veto-proof
majority in both chambers: junta installed
Kids Carry
concealed weapons without a permit back to 18
Cancel programs on diversity,
equity and inclusion, and critical race theory.
TX takes over
SC Republicans
want death penalty for mothers after abortion: christians? kill women!
Death sentence without
a unanimous jury.
Easier to sue
journalists you don’t like
Further restrict abortions. TX man sues 3 women for helping his ex-wife obtain abortion
WY medication abortion providers could serve six months in prison
Near-total ban on
abortions drives doctors away: ID hospital
stops delivering babies
Trump: military to
‘stop’ crime: martial law
replaces civilian control of cities: dictator
Couples with 10 kids
would have their property
taxes cancelled under TX law
Catholic group spent
millions to track gay priests: Russia
or America?
30 GOP states limit
public health authority: next
pandemic wipes out million+?
AR Gov bans
child sex talk and child labor law limits: roll back child
labor protections
Child abuse? kids
under 16 can marry in
GOP
repeals long-standing environmental rules: business to take ‘Freedom’ hand
FL
Gov raises private army: 150,000
“brownshirts”,
answer only to DeSantos
GOP
Clarence questions our right to counsel in criminal actions against us
Pence: “History
holds Trump accountable” but ‘I won’t help jail him NOW’: 3rd
Rail?
Wealthy avoid tax we
have to pay
How do all these
wealthy people avoid the taxes we need to fund our military, legal system and
the airports? They use them but don’t pay. They fly their private jets from the
airports we pay for, the legal system they use more than us and all the
military supports around the world as they visit their global homes and
businesses. Our
country taxes personal income not loans on $millions in assets. This means
we pay for what they use and they don’t. We can’t afford to buy legal help to
use special financial tricks to reduce taxes. We can’t afford owning sports
teams or real estate or “hobbies” that show paper loses to deduct from our
income. We can’t afford to buy the help of Congress people who change the rules
on business income like Trump did in 2017. One critic said, "Wealth
managers are bragging" about the effectiveness of their "tax dodging
tricks." Even when they die, they can leave $ millions to their
legacy using special rules to avoid the estate tax. This is how dynasties
happen and the cycle of tax avoidance continues. Wealth perpetuates itself
almost automatically.
Use your tax haven: https://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441
?**********ACCOUNTABILITY**************?
Like 1776, this
period is a test
of democracy—We
rejected an "American
fascist" once
The
Path to Dictatorship: 2010-2030
Parallels of this era in the past
may hint at our future: democracy breaks apart legally
Billionaires
paid $881 million for votes in 2022
midterm elections
Nov 2020 Wealthy
discredit election process
Jan
6 2021 Direct
assault failed: guns
& bombs ready
Trump
engaged in a "criminal
conspiracy" to stop Biden
“I
don’t f—ing care that they have weapons”
Trump was “detached
from reality”
Trump
used mafia-style intimidation on the defenseless
Trump still terrorizing
election woman
Parscale: “a
sitting president asking for civil war.”
Trump:
“Just
say the election was corrupt and leave the rest to me”
GOP fascism: “RINO
hunt armed; no bagging limit” J6
comm threat
January
6, 2021 “A
date which will live in infamy”
Trump’s Supremes END
personal rights & state
laws except for weapons
WMDs
Fascism: GOP
to stop women leaving state for abortion
It’s
not a court. It’s a junta: Two Americas
Trump: President
Biden is 'enemy of the state'
Christian
Nationalist Party (CNP) replaces
GOP
Jan 2025 Dictator
pardons himself: his Supremes agree
How Govt wastes our money:
Money
for new Moon Rover but not for hungry
US kids: priorities?
Own your own bank: capitalism
without risk: CEO changed law &
keeps pay packet
Farm
lobby seeks more subsidies: GOP to cut Food Stamps for poor: corn for
gasoline?
Fed raises rates to increase
joblessness 4.5%: my credit card already at mob rate: 29.99%
NY
prosecutor cancels meeting: Trump
gets away with crimes again?
SCAMS/SPINS:
Trump is inciting another
overthrow of our gov: “TAKE OUR NATION BACK!”
Fake images of Trump arrest show how
propaganda may tear US apart
Fox
silences own producers from telling about falsehoods it broadcast about
election win
Tesla recalls
362,000 of its Full Self-Driving (FSD) Beta software: causes
crashes
238,000 Honda Civics probe: steering
can stick, increase in effort, risk of a crash.
Hyundai and Kia 571,000 SUVs and minivans park outdoors: tow
hitch harnesses fires
Ford recalls 1.5 million: fix
leaky brake hoses and windshield wiper arms that can break.
Media
influencers (not doctors) paid to hawk drugs on TikTok
Matt Damon, Tom Brady, Reese Witherspoon caught
promo crypto: fees hidden: no jail
Toxic
‘food’ brominated vegetable oil, red dye 3, potassium bromate,
propylparaben and titanium dioxide?
Grover Norquist conservatives stop
free tax filing service we need: gives $500+ to Turbo
IRS finds worst
scammers this year
Tax refund myths: IRS
warning
Trial
over fake Trump real estate tax deductions halted by bomb threat: mystery
caller
Darryl Matthew Cohen caught
steered money to self, fund his son’s basketball league.
Nick Palky caught stole $250,000 client’s account using forged
checks to steal
Joe Harding GOP FL caught
fraud $150,000 in Covid Relief scheme: no jail
Portfolio Recovery Associates caught
illegal debt collection practices: fine no jail
CO
allows gun-toting teen to show up at school every day: what think would
happen?
How US
succession happens in specific areas: schools, taxes, laws, red-line,
clubs, sports
baseless-claim-that-jan-6-rioter-flipped-against-the-fbi-circulates-on-twitter
false-reports-claim-bill-gates-faces-premeditated-murder-charges-over-vaccines
Countertop composter Lomi does NOT make
“nutrient-rich fertilizer.”
Arrest warrant for
Putin: stealing
kids from Ukraine homes: Seal Team 3?
Jobs
Construction industry faces a gap of roughly half a million workers; skilled trades too. Application rate jobs like plumber, electrician dropped by 49% between 2020 and 2022.
More than 550 slots for emergency medicine residents were left unfilled this year
White Americans feel left out; even they think they don’t belong. This is not good.
25
High-Paying In-Demand Jobs: salary & requirements
Tennessee
plant aims to build 500,000 electric trucks
Who owns your account now?
DJ Equity REIT
Index beats Total return S&P 500: stocks up in last decade
Medicare
special plans to help with expenses and coverage: do you qualify?
Millions
of people could lose Medicaid next month: check now
5%
one year CD for temporary money: shop bankrate.com/banking/cds/cd-rates/
what-if-i-cant-pay-my-taxes:
here are your options: it costs less to deal with the IRS itself
Miracles:
'Vibrant'
Roman mosaic discovered under supermarket in Olney
Some ingredients crucial
for the advent of life arrived aboard rocks from space years ago
Some young Americans
are turning
to friends to find romantic partners: not vid strangers
@
Our Universe is Mind-Blowing
Light is both
a particle and a wave depending on how we look at the light.
I
don’t think that there is any such thing as a position or a velocity of a
particle.
Everything (galaxies
to stones) in universe made of subatomic
energy ‘vibrations’
A subatomic ‘particle’
is the smallest possible vibration (quantum) of a quantum field.
Mass–energy
equivalence: E=mc^2. At the smallest
level; Everything is moving
Energy into matter: scientists
converted light energy directly into matter in one step
Physics Nobel Prize:
“entanglement” 2
particles share info instantly at a distance
“It may be that gravity and quantum mechanics are
exactly the same thing,” Leonard Susskind
Gravity
might induce the collapse of quantum vibrations into 1 quantum state—our
world
There is no TIME at this
level because of force fields come and go in all directions.
Universe expanding: events
may not come together like they did before.
Inside protons,
neutrons, it
is the fields of the virtual particles that creates its mass.
Gold
made from neutron stars: collisions produce more neutrons:79 protons,118
neutrons
The proton
is so complicated science still finds new energy entities/forces every
year.
“Empty space is a
boiling, bubbling brew of virtual
particles that pop in and out of existence in a time scale so short that you
can’t even measure them.” Space expanding.
The electricity we use comes
from the field around the wire not from electron itself.
Scientists
build 'baby' wormhole as sci-fi moves closer to fact: inside quantum
computer
starts-with-a-bang/universe-expansion-not-accelerating/
@
We can apply for
Medicare online: https://blog.ssa.gov/apply-for-medicare-online
We can apply for Social
Security online: https://www.ssa.gov/benefits/retirement/
We can apply for
health care online: https://www.healthcare.gov/
IAN
973.746.2014
http://www.theinsidersguides.com/
