All Forum Posts by: Joseph Neri

These are Advance Ways Families & REI can be guaranteed to get an extra 1 to 3 Million Dollars in Retirement.

WITHOUT: Changing your lifestyle... or putting extra hours at work!

FREE Workshop Reveals:

✔️Why most financial advisors can cost you Millions of dollars in retirement..

✔️The secret "tax - free" weapon of all wealthy families use to grow assets freely!

✔️The simple way to recapture money you are giving away Unknowingly and Unnecessary.

"The problem in America isn't so much what people don't know; the

problem is what people think they know that just ain't so." - Will Rogers

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I put the wrong date. The correct date is tomorrow Thursday 7pm  - Registration link here:  https://event.webinarjam.com/register/11/qqpnziv

Hope to see you there take care

Advance Strategiest to Help You Master Money 

Diana heres a short course on the topic https://upplanningedge.com/ibc/ 

Many of you have expressed an interest in sharing our practice with family, friends, and co-workers. We are responding by holding an educational session to not only answer questions but to go back through and review the basics of the Infinite Banking Concepts and how to use it with Your Business.

This is a perfect opportunity for you to invite family, friends, and co-workers to our webinar! Let us help you show this process to your guests!

The topic will be Infinite Banking and how we use this strategy with your real estate business and create tax free cashflow.

We’re holding the session Wednesday, September 28th ONLINE.

Starts at 7pm. We promise, you’ll be done by 8pm.

We are encouraging you to tell a guest who you think would be interested in learning about how to use Advance Life Insurance Strategies with your real estate business.

We have tons of great information for you.

As always, any questions, concerns, or comments are greatly appreciated! Please feel free to call us anytime!

Hope to see you this Thursday evening.

Sincerely,

Joe & Erik

How to Use Advance Life Insurance Strategies to Create More Cash Flow for Your Business.

Create Your Own Family Bank through High Cash Value Dividend Paying Whole Life Policies. 

Got questions and need answers?

Join us for a FREE WEBINAR. !

Learn how to create High Cash Value Policies as Your Family Banking so You can grow your wealth quickly and protect your business from taxes and creditors.

Webinar topics covered:

✅ CASE STUDY

✅ How to use Life Insurance with ANY business

✅ How to Your Assets from Creditors and the IRS.

✅ How to create Tax Free Cash Flow

✅ How to Recapture Your Money

.....and more!

This is a great opportunity to learn about this topic and get your questions answered 🔥🔥

🗓️DATE: Thursday, September 14, 2023

⏰TIME: 7:00pm - 8:00pm

📌LOCATION: ONLINE

This is a FREE event that requires reservations.

Click👇"Sign up"👇below to register. Space is limited!

👉👉👉 REGISTER HERE

Generally Speaking with limited information about you and your goals.

Over 59.5 | $800 mortgage + condo fees with 7.125% interest | Traditional IRA 100k | Roth IRA

To your question: NO don't pay off your mortgage. 

Consider this... Equity and Appreciation is NOT the same. Equity earn 0% return (inflation will destroy your 100K if its inside your condo) your Condo will Appreciate or crash in value regardless if you pay it in full or not. If all your money is trapped inside your house and you are already retired how easy/fast is it to access your equity? what if something happens to you or if you just need the money for a great REI opportunity? think about that.

IMO Cashflow is greater that Appreciation so focus on Cashflow. 

Try looking into these options and run your numbers. 

- move IRAs to Annuities ( lots of options in this space some can earn 6-9% return without participating in market downturns) NOW you have 2 asset class working instead of 1 and its safer.

- Refi your current mortgage maybe you can get 5.5-6% somewhere that will free up $200-$300 per month for you.  

-Maybe refi and rent your condo. If it rents at 1200 per month that's around $700 in cashflow. you can buy another property. 

-If you are an active investor or have a business also look into Infinite Banking strategies could be a great way to recapture taxes and create another source of tax free income. This will give you better control of your cash and still be able to use your cash however you want. 

At this stage in your life try to focus on cashflow and safety. Rate of return NOT important, Sequence of withdraw is more important. 

Hope that helped. Good Luck 

Look into Infinite Banking Strategies. I have some short videos on it just DM me and Ill send it to you. 

What are you trying to accomplish? is this a long-term play or short term?   

Couple of things to consider long-term. 

1. Is taxes going to be higher today or higher in the future? At some point your business partner will want his cut (Federal Gov). They control the tax bracket and tax calculation. You pay on those gains. 

2. Equity vs Appreciation.  Equity earns 0% interest (inflation will destroy your purchasing power) your real estate investment will Appreciate or Crash regardless of how much down payment you put on your home. And your money is Trapped inside your house. 

IMO better options- If you don't need the money in the next 10+ years look into Annuities I'm seeing 7-9% and you don't have to participate in market downturns. Gains are taxable. 

If you are planning on using your savings for Real Estate Deals, I use high cash value Whole Life Insurance as my saving vehicle(IBC). My 2 policies earn 4-6%, I have full control of my cash, uninterrupted growth even when I'm using my money, creditor protected here in Texas and in most states, Tax free growth and I have a massive death benefit and long term care attached to it. 

Hope that help. Good Luck. 

Interest Rate/Affordability/Expectations vs Reality. 

What they can afford is not what they want or the area they want is no longer in their budget because they waited. 

I work with a lot of people with 401ks, but its hard to give advice when I don't know the entire picture and what you are trying to accomplish. There is a few different strategies around this. If you are just trying to withdraw because you need the money just consider your current tax bracket. Depending on your tax bracket might make more sense to wait it out or transfer that money in a better environment sense you are still working and have income coming in. Good Luck.