Cy Blanton

Optimize your Assets

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• published: 29 Jan 2014
• views: 959

(808) 722-1187. http://youtu.be/pSQ5so-S5fU You are about to learn how and why having control of your financial future is more valuable than seeking higher rate of returns. I'd like to share with you what it is that I do, what makes me unique. As a financial strategist, I have learned most people mismanaging their two largest assets, which are, the house they live in, and the retirement accounts they are funding. My goal today, is to give you enough information to educate you to rethink how you control and manage these assets. #1, Security -- "Just in case the unexpected occurs you need safety, like a down turn in the markets, a failing economy, or the loss of the primary income earner." #2, Predictability -- "You need to be able to plan with absolute certainty. It is impossible to create a sustainable plan without some absolutes. It's very difficult to hit a moving target" #3, Choice -- "We're human and life happens. You need flexibility built into your financial planning which provides liquidity and accessibility so it doesn't punish you if you use it." #4, Control -- "You have to be able to understand what you own. You don't need something so complex that it requires a mathematician to explain how it works." This circle represents all the money you will ever make, your circle is larger than some, some are larger than yours but we all have the same common goal, and that is to increase our circle of wealth or at the very less maintain our current lifestyle along the way to retirement. There are only three types of money and I want to share them with you, @ first there is your Accumulated Money. @ This includes all your savings, your retirement accounts like IRA's, 401(k)'s and any other retirement or managed accounts. Next is your @ Lifestyle Money, @ this includes the house you purchased, the cars you drive, the clothes you wear, the restaurants you frequent, and the types of vacations you take. Then there are @ Wealth Transfers, @ which includes the interest you pay on your mortgage, credit cards, and installment loans. It includes taxes, insurance and retirement plans. If you have met with a Financial Advisor in the past, I would suspect your conversation went something like this. Hello Mr. & Mrs. Smith, how much money are you saving annually? How much money have you saved? Where are you currently saving it? What are you earning on the money? Oh, we can do better than that; you need to move your money to us! Have you ever heard this story before? So what do they mean when they say they can do better than that? They can increase your rate of return right! What else increases with an increase in the rate of return? Typically RISK right, because we all know in order to receive a higher rate of return in traditional managed accounts, you must incur more RISK. So, after seeing what's occurred over the last ten years, are you willing to increase your risk in hopes of receiving a higher rate of return? I really wouldn't suggest that! You see, I don't take risk with "Safe Money" and I consider your retirement money, safe money. I feel it is much easier and safer to save money on transferred dollars than it is to increase your rate of return. If I can show you how to avoid transferring dollars away unknowingly and redirect those transferred dollars back into your Accumulated money, I will have increased your rate of return without increasing your risk. So, by working together we could discuss ways to secure your retirement without affecting your quality of life. This is done by finding those Wealth Transfers and redirecting them into your Accumulated money as well as directing some of it back into your Lifestyle, so you can enjoy the journey along the way. So how does what I do so far fit with what you're looking for? The two largest wealth transfers that occur in most family's financial plan, is the way they pay for their home, and how they choose to build their retirement savings. Your house is probably the largest personal investment you will ever make. How you decide to pay for it can create unnecessary wealth transfers.