Wayne Best Financial Planning & Retirement Planning 405-418-6266
Financial Advisor Wayne
Are you seeking a financial advisor to assist with your financial planning and retirement planning? If so, you’ve arrived at the perfect place. We are Oklahoma City Financial Planning Pros and we are smart financial advisors. First off, congratulations on being smart enough to look for professional help in this super important area of your life.
As you are aware, we only get this one chance at life and one chance to get this right. Life goes by way too fast. If we attempt 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 more challenging it will be to catch up and achieve your financial goals. According to a recent Forbes survey, just 52% of investors ask for the help of a financial advisor or financial planner. Forbes also revealed that pre-retirees who do look for professional help have better financial gains than individuals who do not. It’s good to get help from a good 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) Do I need alternative investments? (5) How can I save on taxes? 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 have learned if a solution it too complex to grasp, it will be too challenging to use and review and thus will not be acted upon in the first place. That’s why we know to keep things simple.
Financial Planning Wayne
Our first goal 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? Scores of people have no idea at all. As we understand, before you can get to where you want to go, you first need to discover 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 quick and easy to use, yet very effective. Our simple retirement calculators are free to use and they are online, so you can log on 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” ideas to see how little shifts in their financial planning can impact their total results. The first simple retirement calculator we suggest you start with could not be any simpler to use. You simply plug in your age, the age you desire to retire, the amount you currently have saved for retirement now, how much you put in on an annual basis, your desired yearly income during your retirement years, the approximate rate of return you are currently realizing on your investments and the rate of return that you think you will achieve during your retirement years. That’s it. Then you just click the calculate button.
The results of your inputs pull up instantly. It will clearly show you if you are on track to achieve your retirement goals or not, and if not, it will show you exactly how far off you are in funds, years and percentages. If you are not on track, the calculator will even show you the four main areas that you can change to help you reach your goals. Based on the findings you can go back and plug in some different combinations of amounts and keep going back and forth and discover if you can reasonably make changes to reach your goals.
It’s really very fun to do. For most people it’s a real eye-opener. Finding out where you are now and being honest about your current standings is half the battle.
Note: We work with quite a few high net worth investors who love using our strategies to grow their accounts and protect themselves from rising tax rates, creditors, soaring fees and keeping their money private and off the Government radar. However, many of our clients consider themselves to be financially 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 do.
Wayne 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 dollars most Americans spend on taxes is the single largest financial cost of their life time? Many people have no clue, yet it is true for most of us. The average American spends more on taxes than they do on their mortgage payments, car payments and college for their kids, etc.
That’s why it is most 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 amazing country of ours. It really is that powerful. In a nutshell, this is how our plan works.
You put in post taxed dollars to the program. Yes, unlike an 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 money before you contribute it. On the surface this may not appear as good as your IRA or 401(k) but please keep an open mind. We will clearly demonstrate how our plan will blow away these other plans, without a doubt!
You funds then grow tax differed within your account. If you need your funds for any reason at all like emergency, an unexpected expense, an unexpected opportunity or investment, college savings or anything under the sun, you can simply take your money out at any time. We will show you exactly how you will be able to take out your money at any time 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 our future tax rates will have no option but to rise significantly.
By setting up a Barefoot Retirement Plan you can 100% 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 dreams.
Retirement Planning Wayne
The next action we take in successful retirement planning is to get you protected from losing money in the market. Second to taxes, market losses are the next big issue that can end your retirement dreams and keep you working for much longer than you planned to. Many investors lost upwards of 50% of their funds in the Dot Com crash of 2000. Then, just as most 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 retire. When the crash happened and they lost almost half of everything they had spent a lifetime working for, 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 unique plan you are completely guaranteed not to lose a single penny 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 easier you could sleep at night knowing that you were totally guaranteed not to lose a cent in stock 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 market goes up, we 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 Wayne
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 program that we offer is that it gives you the option, if you choose to use it, to leverage your returns and actually earn two different returns, on the same money, at the same time. Yes, we know the first time most people hear this, it sounds too good to be true and may even question if it is legal. We assure you it is squeaky clean and as legal as legal gets.
Until recently plans like ours have mostly been used by wealthy families, politicians and huge corporations. Believe me, they certainly know the best ways to protect their funds 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 wealthy.
Here is a high level look at how the leveraging option could work. Many clients choose our blended index option that has a zero percent 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 funds, and your gains are always locked in. Or, if the value of the indexes goes down 20%, you maintain your 0% 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 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 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 0% to seventeen percent 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 zero percent to seventeen percent on the entire $100,000 account value.
Additionally you earn whatever return you get on your $80,000 that you put into your real estate investment. So you are actually earning 2 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 powerful plan but we are limited in space here. The best way to get more information on this program 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 put this off. 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