Polaris Legacy Group

06/20/2023

When saving in government regulated plans, one can reasonably expect 40%-50% of their savings to go toward income taxes.

This is not true tax deferral, but rather tax delaying, and by delaying, you are compounding your future tax obligation.

06/19/2023

With some simple guidance and shifts, financial peace of mind can be obtained, often without any additional money out of pocket.

06/18/2023

This was the average life expectancy in 1933.

When Social Security launched in 1935, it was meant to be an insurance policy against living too long.

It was never designed to be a pension plan.

Personally, I think this was merely a way for government to tax people.

Now retirees, living much longer, are collecting Social Security for 30-40 years!

Between longevity and government mismanagement, Social Security is over $22 Trillion in the red!

How will government continue to honor promises made to hard working Americans that paid into Social Security for decades?

Will they raise income taxes?

Will they increase the percent of paycheck that goes toward Social Security?

Will they raise the retirement age?

Will the future of Social Security go to those with the least amount of assets? If you have a retirement plan, like a 401(k), wouldn’t this be an asset the government knows about?

How do you feel about this?

Do you want to pay more for less benefit?

What if there was a way to grow your savings in a way that the government would have no access to it, would you want to know more?

06/18/2023

06/17/2023

Government will require more and more resources to continue programs and promised benefits.

They are coming for our tax dollars. Would you like a plan that the government will never get their hands on?

06/16/2023

With a properly structured cash value plan, you can eliminate the mortgage early and save tens of thousands in interest!

This is a powerful alternative to sending extra payments to the lender as it allows you to stay in complete control.

06/15/2023

Taxes Taxes Taxes😩

Many analysts believe taxes will have to increase dramatically to provide money for programs like Social Security, Medicare, and Medicaid.

If saving in a traditional plan, like a 401(k), these higher taxes could potentially wipe out 50-60% of your hard earned savings.

What if there was a way to grow your nest egg with no government restrictions or penalties, and pay ZERO income taxes on those savings. Would you want to know more?

06/14/2023

One way to help make savings last would be to not pay income taxes on those funds saved.

If you don’t ride the stock market roller coaster, than you will have predictable growth.

If there are no contribution limits, then you can truly maximize your savings.

06/11/2023

Why am I such an advocate for cash value life insurance?

There are no contribution limits.
Zero IRS restrictions or penalties.
Tax free distributions.
Guaranteed growth.
In most cases, an asset that is shielded from lawsuits.

If you would like to keep the government out of your pockets, then cash value life insurance may be the answer you seek.

06/10/2023

Just spoke with a couple who recently purchase their home and were interested in mortgage protection.

The plan they liked most and moved forward with includes them becoming mortgage free in under 10 years on a 30 year note!

This is without sending extra payments to the lender or altering their current lifestyle!

06/10/2023

Not sure when it became the norm to have to accept losses in order to grow our nest eggs.

Just know that you don’t.