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Securing Your Child's Financial Future: An Introduction to The $50 Retirement Plan
Manage episode 373122387 series 3472417
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Are you struggling to secure your child's financial future?
As a fiduciary financial advisor and a new parent myself, I'm excited to introduce you to a simple, yet effective strategy - the $50 retirement plan, a financial safety net for your child that can be accessed tax-free, both throughout their life and as a tax-free retirement income. I'll break down this bucket-like plan, that not only allows you to grow your money completely tax-free but also enables your children to benefit from the good years of the market without ever going backwards.
Additionally, we'll delve into another foolproof method - the government-sponsored cash value life insurance plan for children. I'll share my personal journey with this plan, and reveal how an investment of just a thousand dollars per year can snowball into a whopping fifty-two thousand dollar per year tax-free income for your child. So, sit back and join me as we navigate the complex world of financial planning for our children's future, one step at a time.
Interested in learning more? Visit us at https://www.hollifieldfinancial.com/ or give us a call at (843) 400-3022.
Capítulos
1. The $50 Retirement Plan for Children (00:00:00)
2. Government-Sponsored Cash Value Life Insurance Plan (00:10:33)
10 episódios
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