doctor stanford retirement savings index strategy taxfree prepared by connie
Dear 19-yr son,
In the many years that you will be working, you will be managing your money. There is a way to save early and harvest tax-free all the growth, withdrawal and accumulation of your hard earned money plus leaving an estate to your children. Leave at least 25% of your savings to a long term, conservative, guaranteed at 2% and grows up to 13% with zero market risk retirement strategy. Currently, the index strategy that I employ when helping business owners, bay area professionals and doctors has a return of 8%.
Allocate 25% to real estate/stocks, 25% to term life/disability/money market for emergency and 25% to a limited IRA/401k. You only need to participate in min matching by your employer since you will be taxed around 50% when you use your 401k money before 59.5 yrs old. Don’t forget I told you to have a business owner mentality.
I like that you love to go to thrift stores and you are not driving yet. And you dress up like a manager.
I love you and believe that you will be great although I tease you at times that it is taking a long time for you to graduate college because you now have a GF.
Mom
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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