Prue Best Financial Planning & Retirement Planning 405-418-6266
Financial Advisor Prue
Are you looking for a financial advisor to assist with your financial planning and retirement planning? If so, you’ve come to the most perfect place. We are Oklahoma City Financial Planning Pros and we are knowledgeable financial advisors. First of all, congratulations on being smart enough to look for professional help in this really important area of your life.
As you are aware, we only get this one chance in life and one chance to make this right. Life goes by way too fast. If we try and go it alone and fall short of where we should be, it’s often hard to make up for lost ground. The longer you hold off on this, the more difficult it will be to catch up and obtain your portfolio goals. According to a recent Forbes survey, just 52% of individuals seek out the help of a financial advisor or financial planner. Forbes also discovered that people who do look for professional help have better financial results than investors who do not. It’s really smart to seek help from a good financial advisor.
Most people start with basic questions like: (1) How much do I need to retire? (2) How much to save for retirement? (3) How much do I need to save for retirement? (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. Money and investing can be very complex and mind boggling sometimes.
We are known for providing simple, proven and very effective financial strategies to help investors reach your financial and retirement goals. After all, we realize if a solution it too difficult to grasp, it will be too challenging to use and watch and thus will not be acted upon in the first place. That’s why we always keep things simple.
Financial Planning Prue
Our first goal in financial planning and helping you succeed financially is to first get a starting point of where you are today financially. Are you on track to exceed your financial and retirement goals? Scores of people have no idea what-so-ever. As we understand, before you can get to where you want to go, you first need to find out where you are right now.
With our plan and with keeping things easy, we have developed 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 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.
Lots of our clients use these very often running various “what it” concepts to see how minor shifts in their financial planning can impact their total results. The first simple retirement calculator we suggest you begin with could not be any easier to use. You simply enter in your age, the age you want to retire, the amount you currently have saved for retirement now, how much you add to on an annual basis, your desired annual income during your retirement years, the approximate rate of return you are currently realizing on your investments and the rate of return that you wish you will achieve during your retirement years. That’s it. You then simply click the calculate button.
The results of your numbers pull up instantly. It will show you if you are on track to reach your retirement goals or not, and if not, it will show you exactly how far away you are in funds, years and percentages. If you’re not on goal, it will even show you the 4 main areas that you can make changes to to insure you obtain your goals. Based on those findings you can go back and type in some different combinations of amounts and keep going back and forth to see if you can reasonably make changes to achieve your goals.
It’s really much fun to do. For most people it’s a real shocker. Knowing where you are now and being honest about your current standings is half the battle.
Note: We work with many high net worth investors who love using our plans to grow their accounts and protect themselves from rising tax rates, creditors, soaring fees and keeping their investments private and off the Government radar. However, quite a few of our clients consider themselves to be financially average.
If you are not on track to achieve 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.
Prue Financial Planners
As financial planners, most often our next step is to help protect you from spending more than you need to on taxes and also protect you from what we believe will be, future tax rate increases. Did you know that the amount most Americans spend on taxes is the single biggest financial expenditure of their life? Many people have no idea, yet it is true for most of us. The average American spends more on taxes than they do on any other expense.
That’s why it is most important to focus on this major cost and reduce your taxes as much as you can. We believe that our main financial program 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 fantastic country of ours. It really is that powerful. In a nutshell, this is how our program works.
You contribute 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 plan requires you to pay the tax on the funds before you put them in. On the surface this may not look as good as your IRA or 401(k) but please keep reading. We will clearly show you how our plan will blow away these other plans, bar none!
You funds then grow tax differed within your account. If you need your funds for any reason at all like an illness, an unexpected expense, an unexpected opportunity or investment, university savings or anything under the sun, you can simply take your funds out at any time. We will show you how you will be able to access your money 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. 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 at this time, most experts believe that the future tax rates will have no choice but to rise significantly.
By setting up a Barefoot Retirement Plan you can totally protect yourself from having to pay any taxes on the money you pull out. This one benefit alone can make or break most people’s retirement hopes and dreams.
Retirement Planning Prue
The next step we take in successful retirement planning is to get you protected from losing money in the market. Next to taxes, market losses are the next big issue that can end your retirement dreams and keep you working for much longer than you wanted to. Large numbers of investors lost upwards of 50% of their accounts in the Dot Com crash of 2000. Then, just as soon as many of them were just getting back to where they were before the last crash, we had the next 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 just about 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 stock market losses and crashes, and yes, it truly is possible.
With our powerful plan you are 100% guaranteed not to lose a single dime 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 100% guaranteed not to lose a dollar in market declines. This one feature of our plan can make the difference between you having the retirement of your dreams or being devastated.
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 unique plan is smart on steroids.
Wealth Management Prue
We also assist our clients with wealth management to insure they reach their investment and financial goals. One of the powerful benefits of our unique and patented flagship program that we offer is that our program gives you the option, if you want to use it, to leverage your returns and actually earn 2 different returns, on the exact 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 guarantee 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 investor 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 17% cap. So if the value of the indexes’ tracked goes up twenty percent 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 0% floor and suffer 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 those funds into ANYTHING under the sun 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 get to 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 $100,000 earns between 0% to seventeen percent 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 zero percent 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 funds 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 powerful 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 may be a good fit for you and if so, we can run some numbers and show you exactly what a Barefoot Retirement Plan could 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 wait. 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