Byars Financial Advisor – Retirement & Financial Planning Pros 405-418-6266
Financial Advisor Byars
Are you searching for a financial advisor to help with your financial planning and retirement planning? If so, you’ve come to the right place. We are Oklahoma City Financial Planning Pros and we are experienced financial advisors. First off, congrats on being brilliant enough to search for professional help in this super important part of your life.
As you already know, we only get one chance at life and one chance to make this right. Life goes by way too fast. If we decide to go it alone and come in short of where we need to be, it’s often difficult to make up for lost ground. The longer you put this off, the harder it will be to catch up and reach your financial goals. According to a recent Forbes survey, only 52% of pre-retirees look to get the assistance of a financial advisor or financial planner. They also found that individuals who do seek out professional help have more profitable financial performance than investors who do not. It’s really smart to find help from a smart financial advisor.
Most people start with basic questions like: (1) How much savings do I need to retire? (2) How much to save for retirement? (3) How much will I need to retire? (4) What alternative investments can I invest in? (5) What can I do to insure I never lose money? The list of questions goes on and on. Finances and investing can be very complex and mind blowing sometimes.
We specialize in providing simple, proven and very effective financial strategies to help you reach your financial and retirement goals. After all, we know if a solution it too complex to learn, it will be too complicated to set up and review and thus will not be acted upon in the first place. That’s why we like to keep things simple.
Financial Planning Byars
Our first step in financial planning and helping you reach your financial goals is to first get a benchmark of where you are today financially. Are you on track to exceed your financial and retirement goals? Most people have no idea what-so-ever. As we know, before you can get to where you need to go, you first need to determine where you are right now.
With our plan and with keeping things simple, we have produced a series of our own, custom retirement calculators like; a retirement savings calculator, a retirement planning calculator and various retirement planning tools that are user friendly to use, yet very effective. Our simple retirement calculators are totally free to use and they are online, so you can go online and use them at any time it is convenient with you and your schedule.
Lots of our clients use these all the time running various “what it” concepts to see how small shifts in their financial planning can impact their net results. The first simple retirement calculator we suggest you start with could not be any simpler to use. You simply key in your age, the age you want to retire, the amount you currently have saved for retirement now, how much you put in on an annual basis, your desired annual income during your retirement years, the approximate rate of return you are currently earning on your accounts and the rate of return that you believe you will achieve during your retirement years. That’s it. Then you simply click the calculate button.
The results of your inputs pull up instantly. It will tell you if you are on track to reach your retirement goals or not, and if not, it will tell you exactly how far off you are in funds, years and percentages. If you’re not on track, it will even show you the four critical areas that you can make changes to to help you obtain your goals. Based on the findings you can go back and type in some different combinations of numbers and keep going back and forth and find out if you can reasonably make edits to achieve your investment goals.
It’s really quite fun to do. For most people it’s a real shocker. Knowing where you are now and being honest about your current situation is half the battle.
Note: We work with quite a few high net worth individuals who love using our strategies to grow their accounts and protect themselves from soaring tax rates, creditors, soaring fees and keeping their money private and off the radar. However, quite a few of our clients consider themselves to be pretty average.
If you are not on track to achieve your goals, please don’t be discouraged. Today 61% of Americans fear running out of money during retirement more than they fear death itself! Our objective and our job is to work with you and help you get your finances on track and help you create a lifetime, tax-free retirement income that will last as long as you last.
Byars Financial Planners
As financial planners, usually our next step is to help protect you from spending more than you need to on taxes and also protect you from what we think will be, future tax rate increases. Did you know that the amount most Americans spend on taxes is the single largest financial cost of their life time? Most people have no clue, yet it is true for most of us. The average American spends more on taxes than they do on on any other expenditure
That’s why it is so important to focus on this major cost and reduce your taxes as much as possible. We believe that our main financial plan that we happen to call The Barefoot Retirement Plan is the single most successful way to protect yourself and save on taxes that is legally allowed in this great country of ours. It really is that powerful. In a nutshell, this is how our plan works.
You invest after taxed dollars to the program. Yes, unlike your IRA and 401(k) (which are called qualified plans) where you contribute pre-taxed dollars, our program requires you to pay the tax on the money before you contribute it. On the surface this may not look as good as your IRA or 401(k) but please stay tuned. We will clearly demonstrate how our program will significantly out perform these other plans, without a doubt!
You funds then grow tax differed within your account. If you need the funds for any reason at all like sickness, an unexpected expense, an unexpected opportunity or investment, college savings or anything at all, you can simply take your funds out at any time. We will show you how you will be able to take out your money at any time you wish with no penalties, no fees and no taxes.
Then, when you retire, ALL of your retirement funds that you pull out to live on are completely and totally free of taxes. This is so powerful. At the time this is being written, Bernie Sanders is running for President. He is advocating a 92% top Federal marginal tax rate. Yikes! Plus last week the US debt just surpassed the 19 Trillion mark. (If you look at our National Debt Clock, it will shock you.) It only took us 13 months to go from 18 trillion to 19 trillion. With the way things are going now, most experts believe that the future tax rates will have no option but to rise sharply.
By setting up a Barefoot Retirement Plan you can 100% protect yourself from having to pay any taxes on the funds you pull out. This one benefit alone can make or break most people’s retirement plan.
Retirement Planning Byars
The next action we take in successful retirement planning is to get you protected from losing money in the stock market. Second to taxes, stock market losses are the next big cause that can ruin your retirement dreams and keep you working for much longer than you hoped to. Many investors lost upwards of 50% of their money in the Dot Com crash of 2000. Then, just as many of them were just getting back to where they were before the last crash, we had the mortgage/housing market crash of 2007/2008 and many investors lost another 40% to 50% of their portfolios.
Millions of hard working Americans were just getting ready to enter into retirement. When the crash triggered and they lost almost half of everything they had spent a lifetime creating, it was devastating. That is why the team at Oklahoma City Financial Planning Pros works so hard every day. We strive to get our clients 100% protected from market losses and crashes, and yes, it really is possible.
With our one-of-a-kind plan you are completely guaranteed not to lose a single dollar due to market downturns, losses or crashes. I cannot even begin to express to you how much peace of mind this provides to our clients. Imagine how much better you could sleep at night knowing that you were totally guaranteed not to lose a cent in stock market declines. This one feature alone can make the difference between you having the retirement of your dreams or being wiped out.
When you get our plan set up, when the stock market goes up, you lock in your gains each year. When the market goes down, you lose nothing and all of your previous gains are locked in and protected from losses. This plan is smart on steroids.
Wealth Management Byars
We also assist our clients with wealth management to insure they reach their investing and financial goals. One of the strong benefits of our unique and patented flagship plan that we offer is that our program gives you the option, if you wish to use it, to leverage your returns and actually earn 2 different returns, on the same money, at the same time. Yes, we know the first time people hear this, it sounds too good to be true and may even question if it is legal. We assure you this is squeaky clean and as legal as legal gets.
Until recently plans like ours have primarily been used by wealthy families, politicians and mega corporations. Believe me, they know the best ways to protect their wealth from taxes and losses. That’s why they use these plans so widely. Now these plans are more available to the average person and not just the rich.
Here is a high level look at how the leveraging option could work. Many of our clients choose the blended index plan that has a 0% floor and a seventeen percent cap. So if the value of the indexes’ tracked goes up twenty percent in a given year, you earn seventeen percent on your funds, and your gains are always locked in. Or, if the value of the indexes goes down 20%, you maintain your zero percent floor and experience no losses at all.
You then have the option to borrow the majority of the funds from your account. (You have to do this correctly and we’ll show you how), and you can then invest those funds into ANYTHING in the planet that you wish. You don’t have to seek permission from anyone to do this. You are not limited to a list of investment options. You can choose to put your funds into anything you want or need to, no problem.
Let’s use an example. Say you have $100,000 in your Barefoot Retirement account. That 100k earns between zero percent to 17% each year. Then you decide to borrow 80k from the account and put it into a sweet real estate deal you found. Since you borrowed the funds from your account and did not take them out, your account value remains 100k and you continue to earn the 0% to seventeen percent on the entire $100,000 account value.
Additionally you earn whatever return you get on your 80k that you put into your real estate investment. So you are actually earning two different returns on the same money at the same time. This is a powerful strategy and can have a very positive impact on your total returns.
We could go on and on about all of the many benefits of this patented plan but we are limited in space here. The best way to get more information on this plan is to give us a call. We’re happy to talk with you and answer any of your questions. More importantly we are happy to schedule a free 15 minute phone consultation with you to best determine if this could be a good fit for you and if so, we can run some numbers and show you exactly what a Barefoot Retirement Plan would look like for you.
I encourage you to take action now. You know how things pop up and our attention can be lost in a moment. This is far too important to leave to chance. Don’t hesitate. You have nothing to lose. Give us a call right now and at least take the first step towards what could be the best move of your life. We’re looking forward to talking with you.
For The Best Financial And Retirement Planning In McClain County Call Us Today At: 405-418-6266