McCord Best Financial Planning & Retirement Planning 405-418-6266
Financial Advisor McCord
Are you in search of a financial advisor to help with your financial planning and retirement planning? If so, you’ve arrived at the best place. We are Oklahoma City Financial Planning Pros and we are excellent financial advisors. First of all, congratulations on being brilliant enough to seek professional help in this super important area of your life.
As you are aware, we only get one chance at life and one chance to do this right. Life goes by much too fast. If we try and go it alone and come in short of where we need to be, it’s often hard to make up for lost results. The longer you hold off on this, the more difficult it will be to produce better returns and achieve your retirement goals. According to a recent Forbes survey, just 52% of Americans seek out the assistance of a financial advisor or financial planner. The survey also discovered that investors who do secure professional help have better financial gains than investors who do not. It’s really smart to obtain help from a smart financial advisor.
Many people start with basic questions like: (1) How much savings do I need to retire? (2) What’s the real difference between an IRA vs 401k? (3) How much will I need to retire? (4) What about alternative investments? (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 boggling sometimes.
We focus on providing simple, proven and very effective financial strategies to help people reach your financial and retirement goals. After all, we know if a solution it too complex to learn, it will be too challenging to implement and monitor and thus will not be acted upon in the first place. That’s why we like to keep things simple.
Financial Planning McCord
Our first step in financial planning and helping you reach your financial goals is to first get a baseline of where you are today financially. Are you on track to obtain your financial and retirement goals? Lots of people have no idea what-so-ever. As we know for sure, before you can get to where you want 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 simple and easy to use, yet very effective. Our simple retirement calculators are free to use and they are online, so you can log in and use them at any time it is convenient with you and your schedule.
Many of our clients use these very often running various “what it” calculations 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 easier to use. You simply key in your age, the age you would like to retire, the amount you currently have saved for retirement now, how much you add to on an annual basis, your desired yearly income during your retirement years, the approximate rate of return you are currently getting on your investments and the rate of return that you wish you will achieve during your retirement years. That’s it. Then you simply click the calculate button.
The results of your numbers pull up instantly. It will show you if you are on track to obtain your retirement goals or not, and if not, it will tell you exactly how far away you are in funds, years and percentages. If you’re not on track, the retirement calculator will even show you the four main areas that you can change to be sure you reach your goals. Based on the findings you can go back and type in some different combinations of amounts and keep going back and forth and discover if you can reasonably make edits to obtain your financial goals.
It’s really quite fun to do. For most people it’s a real eye-opener. Discovering where you are right now and being honest about your current finances is half the battle.
Note: We work with a lot of high net worth individuals who love using our plans to grow their net worth and protect themselves from soaring tax rates, creditors, soaring fees and keeping their money private and off the grid. However, quite a few of our clients consider themselves to be pretty average.
If you are not on track to reach your financial 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 live.
McCord Financial Planners
As financial planners, usually our next step is to help protect you from spending more than you should on taxes and also protect you from what we believe will be, future tax rate increases. Did you know that the dollars most Americans spend on taxes is the single biggest financial expense of their life? Most people have no idea, yet it is true for most of us. The average American spends more on taxes than they do on on any other single expenditure.
That’s why it is most important for us to focus on this major cost and reduce your taxes as much as possible. We believe that our flagship financial plan that we happen to call The Barefoot Retirement Plan is the single best way to protect yourself and save on taxes that’s legally allowed in this fantastic country of ours. It really is that powerful. In a nutshell, this is how it works.
You put in after taxed dollars to the program. Yes, unlike an 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 funds before you invest it. On the surface this may not seem as good as your IRA or 401(k) but please trust us. We will clearly show you 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 an illness, an unexpected expense, an unexpected opportunity or investment, college or anything under the sun, you can simply take your funds out at any time. We will show you exactly how you will be able to get your funds at any time you wish with zero penalties, no fees and no taxes.
Then, when you retire, 100% of your retirement funds that you pull out to live on are completely and totally free of taxes. This is such a powerful thing. At the time this is being written, Bernie Sanders is running for President. He is suggesting a 92% top Federal marginal tax rate. Wow! Plus last week the US debt just surpassed the 19 Trillion mark. (If you look at our National Debt Clock, it will blow you away.) It only took us 13 months to go from 18 trillion to 19 trillion. With the way things are going at this time, most experts believe that our future tax rates will have no option but to rise sharply.
By setting up a Barefoot Retirement Plan you can completely 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 dreams.
Retirement Planning McCord
The next step we take in successful retirement planning is to get you protected from market losses. Next to taxes, stock market losses are the next big thing that can destroy your retirement dreams and keep you working for much longer than you wanted to. Many investors lost upwards of 50% of their funds 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 money.
Millions of hard working Americans were just getting ready to begin retirement. When the crash triggered and they lost just about half of everything they had spent a lifetime creating, it was devastating. That is why our team at Oklahoma City Financial Planning Pros works so hard every day. We work 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 100% guaranteed not to lose a single penny due to market downturns, losses or crashes. I cannot even begin to tell you how much peace of mind this makes possible to our clients. Imagine how much easier you could sleep at night knowing that you were totally guaranteed not to lose a dime in market declines. This one feature of The Barefoot Retirement Plan can make the difference between you having the retirement of your dreams or not.
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. Our plan is smart on steroids.
Wealth Management McCord
We also assist our clients with wealth management to insure they reach their investing and financial goals. One of the powerful benefits of our unique and patented flagship plan that we offer is that it gives you the option, if you choose 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 promise you it is squeaky clean and as legal as legal gets.
Until recently plans like ours have mainly been used by wealthy families, politicians and mega corporations. Believe me, they certainly know the best ways to protect their money 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 wealthy.
Here is a high level look at how the leveraging option could work. Many clients choose our blended index option that has a 0% floor and a seventeen percent cap. So if the value of the indexes’ tracked goes up 20% in a given year, you earn seventeen percent on your money, and your gains are always locked in. Or, if the value of the indexes goes down 20%, you maintain your zero percent floor and have no losses at all.
You then have the option to borrow the majority of the money from your account. (You have to do this correctly and we’ll show you how), and you can then invest that money into ANYTHING in the world that you wish. You don’t have to ask permission from anyone to do this. You are not limited to a list of investment options. You can choose to put your money 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 profitable 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 17% 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 affectively 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 unique 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 speak 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 Osage County Call Us Today At: 405-418-6266