Nurse Janet: A Case Study
By: Richard Baston and Carlos Sands “The $AFE MONEY Man”
Today we will look at a REAL Case of someone who thinks they are securing their Financial Future. (The name has been changed, but the person’s plan, actions, and numbers, are ALL Real and True!)
Nurse Janet is a traveling nurse (R.N.). Her current Take Home Pay is $8,000/Week. Since her Employer covers her lodging and daily meals, she has decided to Invest $4,000 into her Retirement Account. Her Employer gives her a 2-to-1 Matching Contribution. So, she receives a Perceived Free $8,000 Gift every two weeks! So that equates to a $12,000 Investment Every Two Weeks ($24,000/Month!). She has averaged a 1.8% Return. She started in March 2020 (During the Heat Of The Corona Virus Pandemic and The Shelter In Place Lockdown!) and looks impressive, right?
Well, let’s dive in and take a closer look. I’m sure most people will look at this and say, “The Media has been reporting all of these new Record Highs in The Stock Market! So how in the world is she only averaging a Measly 1.8% Return On Her Investment? Think about what was going on when she started this plan. She started this plan in March 2020. That Month, Wall Street (The Stock Market) Lost 40% Of Its VALUE! Here is an important fact; MOST of the 40 Stocks that make up the Dow Jones Industrial Average (The Stock Market) are in Risk Categories of only 1-4 0n a scale of 1-10. Most of the Retirement Plan INVESTMENT Choices that we see and hear about are in the Risk Categories of 7-10!
So what is the impact of this, you ask? Even with a glance, you should easily see that with the significant difference in Risk Exposure, most 401k, 403b, 457, ERS, FERS, IRA & TSP INVESTORS WILL LOSE ABOUT 3 TIMES MORE MONEY THAN THE STOCK MARKET ITSELF! Even without seeing her actual Account Balance Activity, it is a safe bet to assume that she more than likely LOST MOST OR ALL OF HER FIRST TWO MONTHS OF CONTRIBUTIONS! To make matters even worse, The Stock Market LOST MONEY A TOTAL OF 113 TIMES IN 2020! Then The Market followed up in 2021 with 124 LOSSES ON TOP OF THAT! Now, are you beginning to see how she experienced such a poor, low return on her Hard-Earned Money?
Now that we have pulled back the curtain on Qualified Retirement Plans (401k, 403b, 457, ERS, FERS, IRA & TSP), it is time for a Reality Check! This lady has made a Serious Commitment to her Financial Future. Here is what Her Plan has done for her so far. Over the last 24 months, she has contributed $576,000. With Her 1.8% Return, her account has grown to $611,707. Yes, folks! After INVESTING well over a Half Million Dollars, she has only made $35,707! Her Employer has convinced her that she is somehow Securing Her Financial Future with THEIR PLAN. Sadly, she could have earned more money with a Bank CD. Now for Reality Check Number Two. If she were to cash this thing right now, she would owe MUCH MORE IN TAXES THAN SHE HAS MADE WITH THIS INVESTMENT! That’s right. She will owe a Huge Chunk of Ordinary Income Tax on the $576,000 she contributed. Then she will owe a 15% Capital Gains Tax on the $35,707 she made Over & Above Her Contribution! Not to mention, She will also owe Interest and Penalties on ALL Of That FREE Matching Contribution From Her EMPLOYER TOO! Even if she stays on this plan for the next 27 years until she reaches her Full Retirement Age, do you think this plan will ever provide her with Adequate Retirement Income For Life?
Making the Right Financial Commitment that will Change Your Life
A Money Smart Person would take at least HALF OF THAT and place it into The Wealth Building Program earning on average about 10% COMPLETELY TAX-FREE! Another 40%, or what is equal to $100,000 or more, into our Fast Track program.!
As you can see here at Make Money On PURPO$E, we are not performing the same old Song & Dance as everyone else in The Financial World. As young men, we were taken in by all that stuff too.
We Believe, Trusted, and Invested (Too Much Of Our Own Hard-Earned Money). We Bought It. We Sold It. We Had It. Then We LOST IT! (A LOT OF IT TOO!) Hey Everyone, we learned The Hard Way, but YOU DON’T HAVE TO!
It’s as simple as this. Just decide today that You are not going to lose anymore! Then contact us, and You can start making money on PURPO$E today! You can be the one to change The Course Of YOUR Family’s Financial Future. We can make it happen! The objective is to build generational wealth and a legacy for your family’s financial security…….
Let’s imagine you complete all of the above and qualify for the Private Network at the primary level at a minimum of $350,000.
Fast Track System starting at $100,000, was to prepare to participate in the Private Network at the primary level is what we call the left side of the quadrant.
Secure Investments environment in several areas where you are aligned to private and secure investments opportunities without competition, earning 3% to 6 % short term that’s 30 to 90 days, short term, and 4% to 12% in 6 to 14 months long term that may include bonuses, not 20 to 30 years Tax-Deferred!! Do the math,and the big picture will begin to appear!
So we will teach you how to pay the taxes after Each transaction and put the remaining balance from your earnings into your Tax-Free environment with Carlos Sands or one our local agents in your state! So why do we say ‘EACH”?
After the first transaction, you want to continue putting that principal investment back to work as offend as possible. Make Money On Purpose is all about putting you in the driver’s seat and in control of your financial future. So call the made number or send a email to Nurses@makemoneyonpurpose2.com