Damion Lupo's Transformation: Unleashing the Power of the EQRP

(Note this is taken from a talk by Damion Lupo at our conference)

You can watch the entire (amazing) talk on my podcast here: 

 The shift in my life happened around the time my dad passed away. It led me to ask the profound question, "What am I?" This pivotal moment occurred during a session with my coach and therapist. As men, one of the smartest decisions we can make is to have a therapist, especially when we think we're in a good place. It's incredible how they can help us unpack things we might not even realize are messed up.

Additionally, having a therapist as a couple when everything seems fine is valuable. My journey led me to spend two years pondering a single question: "What is true?" This question became the foundation for my book, "Reinvented Life," a project that would test my intellectual limits.

The Shift: My transformation wasn't just about making more money; it was a profound shift in purpose. I realized that my purpose was to liberate people from financial bondage, a lesson I learned from my father's life choices. He made decisions like missing my sister's wedding because of money concerns, and to me, that felt like a form of bondage. I wanted to change that narrative.

The Financial System: I watched my dad make what seemed like responsible choices: contributing to a 401(k) and working for the government. Yet, he ended up with little money because the system squeezed him. If you don't have a plan, the system can easily crush you. This system is the one we should fear more than anything else. Why? Because it can take a significant portion of your lifetime income if you don't have a better plan.

The Solution: So, what's the alternative? The solution is to take control of your financial future, keeping as much of your money as possible. You can do this with a powerful tool known as the EQRP, which I created a decade ago. It's often referred to as the "Ferrari of 401(k)s" for good reason – there's nothing quite like it. Let me show you how it can change your life.

The EQRP Advantage: The EQRP is a private retirement checkbook, giving you direct control over your money. Unlike traditional 401(k)s, it offers unparalleled flexibility, allowing you to invest in real estate, both domestically and internationally, buy physical assets like gold and silver, and even invest in cryptocurrencies. With the EQRP, you can keep 100% of your profits, a stark contrast to traditional retirement accounts.

The UBIT Tax: One major problem with traditional IRAs is the UBIT (Unrelated Business Income Tax). This tax can eat up your profits, especially when dealing with leveraged real estate investments. The EQRP, on the other hand, is exempt from this tax, saving you significant amounts of money in the long run.

Solo 401(k)s: Many people opt for solo 401(k)s, but recent changes in the law have made it challenging for those with part-time employees. The EQRP stands out because it allows you to have a team, which can be a game-changer for your business.

Flexible Withdrawals: Traditional retirement accounts often lock your money away until you reach a certain age. The EQRP offers more flexibility, allowing you to access your funds, tax-free, and potentially retire earlier.

Roth Conversions: A Roth account is a powerful financial tool. With the EQRP, you can convert pre-tax money into Roth tax-free, providing you with a significant tax advantage.

The Safe Harbor EQRP: For small to midsize firms, the Safe Harbor EQRP offers unprecedented control and flexibility over your retirement funds, with reduced fees compared to traditional 401(k) plans.

The FC IRA: The FC IRA provides a solution to the exorbitant fees charged by traditional custodians. It allows you to take control of your retirement funds and significantly reduce your annual costs.

Conclusion: Damion Lupo's transformation journey, driven by the EQRP, has not only changed his life but also the lives of countless others. By taking control of your financial future, you can break free from the chains of the traditional retirement system and pave the way for a more prosperous and fulfilling life. The power to create your financial destiny is within your grasp; all you need is the right knowledge and the EQRP as your trusted tool.

Take care, 

Ryan 

PS - To discuss passive income real estate opportunities, go to: https://linktr.ee/serviocapital