Our objective at Make Money On Purpose (MMOP) is to generate eye-opening experiences while educating our readers on how your plan works and create the best win/win options based on what you will discover after completing your assessment using the new-found knowledge combined with new tools to help guide you to a far more profitable future. We targeted key professional groups that are financially impacted, especially since the market fallout from black Monday at the beginning of the COVID pandemic.
This is what we discovered that is affecting police and firefighters nationwide we use the Dallas Police and Fire Pension Fund as the example:
Dallas Fire & Police Pension Summary 2022
This is a quick & brief highlight of Pension Activity & Results from 2013-to 2020.
In 2013 The Pension Pool Gained $712,000 (Equity Investment Gains)
In 2014 The Pension Pool Lost $263,000,000 (Real Estate Holdings Lost Value)
In 2015 The Pension Pool Lost $396,000,000 (Real Estate Holdings Lost Value)
In 2016 The Pension Pool Lost $531,000,000 (Benefits More Than Contributions)
In 2017 The Pension Pool Lost $47,000,000 (Benefits More Than Contributions)
In 2018 The Pension Pool Lost $61,000,000 (Benefits More Than Contributions)
In 2019 The Pension Pool Gained $15,000,000 (Sold Off Some Investments)
In 2020 The Pension Pool Lost $115,000,000 (Benefits + Investment Losses)
In 2012 The Pension Pool had over $6 Billion; now, in 2022, it’s less than $2 Billion!
As you can see from the most recent data available, this Pension Fund has taken a beating. It has lost close $1.4 BILLION! That’s just in the last eight years. After looking at data on charts and graphs that illustrate: the number of members receiving benefits, the number of Contributions Received, and the amount of Benefits Paid, it is time to sound the alarm! The Actuarial Value Of Assets versus Actuarial Accrued Liability Chart is even more frightening! This chart reveals the reality of Under Funded Future Benefit Payment Obligations!
There are other charts where the numbers have been structured to make all these figures look more favorable to the reader, but we want to cover the truth. Here’s the reality; this Pension Fund, along with every other remaining Pension Fund, has the same problem as Social Security. LONGEVITY! The fact is, people are living longer now. Just like Social Security, Pensions were never meant to support and pay people 30-40 years, or even longer, after and into Retirement! We have more people living past the age of 100 than we have had at any other point in the history of the USA.
As you can see from the most recent data available, this Pension Fund has taken a beating. It has lost close $1.4 BILLION! That’s just in the last eight years. After looking at data on charts and graphs that illustrate: the number of members receiving benefits, the number of Contributions Received, and the amount of Benefits Paid, it is time to sound the alarm! The Actuarial Value Of Assets versus Actuarial Accrued Liability Chart is even more frightening! This chart reveals the reality of Under Funded Future Benefit Payment Obligations!
There are other charts where the numbers have been structured to make all these figures look more favorable to the reader, but we want to cover the truth. Here’s the reality; this Pension Fund, along with every other remaining Pension Fund, has the same problem as Social Security. LONGEVITY! The fact is, people are living longer now. Just like Social Security, Pensions were never meant to support and pay people 30-40 years, or even longer, after and into Retirement! We have more people living past the age of 100 than we have had at any other point in the history of the USA.
Currently (As of 2021), Your Pension Members receive an average Monthly Benefit of $4,273. We also understand that if a Vested Member (employee) terminates at 40, they accept the Cash Out Option. We noticed Salary Contribution Deductions in the range of 6-8%, with the average police officer’s salary at $75,000.
So you may be asking, “What else can I do?” “Wall Street has suffered terribly over the same period!” “Are there ANY other options for me?” Well, next, we are going to offer some food for thought. First of all, yes, you have some Great Options that DO NOT Involve RI$KY Traditional Investments, Real Estate, Precious Metals, or Cryptocurrency. We will turn back the clock and show you a couple of Old Fashioned ways to Build Wealth WITHOUT RI$K!
First, let’s go back to the Salary Contribution Deduction; if we take the Average Deduction of 7% from the Average Salary of $75,000, that comes to $5,250/yr. This Current Pension Plan earns you a $4,273 Monthly Benefit or $51,276/yr. Now our friends at EBRI.com (Employee Benefits Research Institute) tell us that most people in our country start contributing to a Qualified Retirement Account at 25 and contribute until they reach Full Retirement Age (65-67).
So based on the following, if you took that $5,250/yr. from above and applied it to our Wealth Building Program for that same 42-year Contribution period. At age 67, you would have Built Wealth to about $1 Million In Cash. Every 12 months, you can pay yourself a Check For Life for $88,000/yr.! That’s right, not only once, but every year until the day you die! If you lived to age 90, you would have paid yourself approximately $2,024,000 in Completely TAX-FREE Retirement Income. Wait, that’s not all! You would leave an inheritance of over $2 Million to your Loved Ones too!
Let’s say you receive the Cash Out Option at 40 or even retire later and take your Lump Sum. If you receive at least $100,000, you could use our Private funding Real Estate Program. Here, you can earn 4-6% on Your Money Every 15-30 Days! That’s right, not 30 Years, but Only 30 Days. That means you could earn a profit of $5,000 as often as every 15 days. That translates into $120,000/yr. On Your Contribution of Only $100,000! Here is something exciting to think about; you could start here first, then take some of your profits and apply them to Wealth Building Program too! What a Truly Blessed Position to Live In. To quote my friend David Scranton “There is no law that says you have to have money in The Market” (Stock Market). Yes. All this and more is possible through us at Make Money On PURPO$E! For more info, please contact us by leaving a voice message at the main number or sending an email to Police_Fire@MakeMoneyOnPurpose2.com.
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