Title: Legacy Financial Solutions
1Legacy Financial Solutions
2LFS Mission
- To provide solutions for the most common
financial issues and concerns many people face in
todays world. - To provide strategies to deal with the financial
crises coming in the not to distant future.
3LFS Goals
- To help people find their way to freedom from
financial pressure and worry so they can be free
to devote their energies to whatever they want to
pursue in life. - To help people get into a position where they can
help others to be able to help still others etc.
4Typical Problems Faced Today
- Credit card debt with high interest rates.
- Past due consumer and commercial debts
- Insufficient income to ever get ahead
financially. - Inadequate income for retirement years.
5Problems Facing Our Economic Future
- Economic effects of global warming predicted to
be worse than Great Depression and 2 world wars. - Failure of Social Security, Medicare and Medicaid
- The biggest stock market crash in history
6The Social Security Failure
- The Social Security system worked fine when it
began in the mid-1930s when there were forty-two
workers for every one Social Security recipient.
- In the year 2000, the number was 3.4 workers per
one recipient. By 2016, Social Security will
collect less money in tax revenues than it pays
out. Do the math.
7Stock Market Failure
- In 2016, the first wave of baby boomers, that
just turned 60 this year, will reach the age of
701/2 and will have to start taking minimum
required distributions. - This means they will begin withdrawing money from
the stock market (401k's, IRAs, etc) monthly or
annually.
8Stock Market Failure
- The price of shares of stocks or mutual funds, or
bonds, or anything, goes up as long as there are
more buyers than sellers. - When there are more sellers than buyers prices go
down! - Just do the math!
9- When you understand what is happening you will
know what to do. - When the student is ready the teacher will
appear.
10Strategy to Survive and Prosper
- Trust God
- Trust in the Lord with all your heart and lean
not on your own understanding in all your ways
acknowledge Him and He shall direct your paths.
(Proverbs 35)
11Strategy to Survive and Prosper
- A good man leaves an inheritance to his
childrens children, but the wealth of the sinner
is stored up for the righteous. (Proverbs 35)
12Strategy to Survive and Prosper
- The Spirit of the Lord God is upon Me, because
the Lord has anointed me to preach good tidings
to the poor He has sent Me to heal the
brokenhearted, to proclaim liberty to the
captives, and the opening of the prison to those
who are bound. (Isaiah 611)
13Strategy to Survive and Prosper
- Seek good financial knowledge
- The Rich Dad series by Robert Kiyosaki
- Rich Dad Poor Dad...What the rich teach their
kids about money that the poor and middle class
do not and why you dont need to earn a high
income to be rich.
14Strategy to Survive and Prosper
- Rich Dads CASHFLOW QuadrantRich Dads guide to
financial freedom. Learn about the four CASHFLOW
Quadrants, and you will understand the most
important keys to creating wealth. - Rich Dads ProphecyWhy the Biggest Stock Market
Crash in History is STILL Coming and How You Can
Prepare Yourself and Profit from IT!
15Strategy to Survive and Prosper
- MISSED FORTUNE by Douglas R. Andrew
- Dispel twenty-three common misconceptions
related to money and the accumulation of wealth. - Learn twenty-three wealth enhancement strategies,
based on true reality concepts that self-made
millionaires have used for decades to build
wealth.
16Strategy to Survive and Prosper
- Remember Joseph (Genesis 411-37)
- It is just as I said to Pharaoh God has shown
Pharaoh what he is about to do. Seven years of
great abundance are coming throughout the land of
Egypt, but seven years of famine will follow
them. Then all the abundance in Egypt will be
forgotten, and the famine will ravage the land.
The abundance in the land will not be remembered,
because the famine that follows it will be so
severe.
17Strategy to Survive and Prosper
- The reason the dream was given to Pharaoh in two
forms is that the matter has been firmly decided
by God, and God will do it soon. And now let
Pharaoh look for a discerning and wise man and
put him in charge of the land of Egypt. - Let Pharaoh appoint commissioners over the land
to take a fifth (20) of the harvest of Egypt
during the seven years of abundance.
18Strategy to Survive and Prosper
- They should collect all the food of these good
years that are coming and store up the grain
under the authority of Pharaoh, to be kept in the
cities for food. - This food should be held in reserve for the
country, to be used during the seven years of
famine that will come upon Egypt, so that the
country may not be ruined by the famine.
19Strategy to Survive and Prosper
- Josephs plan was simple.
- Create storage places (Banks)
- Throughout the seven years of prosperity, direct
everyone to set aside 20 of their harvest in
preparation for the years of famine. - This resulted in the Egyptians not only being
able to help others, including Josephs family,
but to prosper at the same time.
20Strategy to Survive and Prosper
- A Joseph plan for today.
- Create Your Own Banks using a specially designed
Life Insurance policy. -
- Pay the largest possible premium to buy the least
amount of death benefit and still have a contract
qualifying legally as life insurance. The excess
premium then grows tax-deferred, generating the
maximum cash value.
21Strategy to Survive and Prosper
- Properly structured life insurance contracts
are the only investment vehicles that accumulate
money tax free, allow access to the money tax
free, and blossom tax free upon transfer to
heirs. -- Douglas R Andrew
22Strategy to Survive and Prosper
- Advantages of being your own banker.
- Do all of your financing of autos, home,
children's education etc. with your own bank. -
- Over time, COMPLETELY RECOVER the cost of
everything financed through your own banking
system. -
- Fund your own retirement account free from
taxation and government regulations as with
IRA's, 401(k)'s, etc
23Strategy to Survive and Prosper
- Pass a wealth legacy to your children and future
generations. - Practice stewardship based on Biblical values
rather than those of the current world economic
system.
24Strategy to Survive and Prosper
- Where to find the money to fund your banks
- Homeowners can restructure consumer debts with
mortgage refinancing to free up income they
already have.
25Strategy to Survive and Prosper
- Join Lightyear Alliance and get your position on
the front-line of what Business Week Magazine
says will generate the largest wealth transfer in
American Business History.
26Strategy to Survive and Prosper
- Consider the income opportunities offered through
Legacy Financial Solutionswww.LeFiSo.biz