You Win Financial-Freedom Savings

Your Financial-Freedom Savings

Y = You Win Freedom

Financial-Freedom at last !
Congratulate Yourself!
Celebrate!
You have made a tremendous achievement! Your Financial-Freedom savings plan is in place. You Win.

But what did you win? You won Financial-Freedom. You won Mortgage Freedom. You gave yourself the ability to transition to a comfortable lifestyle as a Senior. You now have a freedom savings plan in place through smart mortgage and debt payments –SMERP the Smart Mortgage Early Re-Payment Plan. This plan will allows you to be free of a mortgage payment in a specific number of months. You have freed yourself to save months of payments. All you have to do now is follow this freedom savings plan. Your have won financial freedom, because your smart mortgage plan will save an additional $250,000.00, a quarter million dollars, at least, to your finances. The freedom savings is a mathemetical calculation. Your financial freedom is just a matter of time now! Perhaps you have won your right to retirement 5, maybe 10 years sooner. The choices are yours. Now THAT is financial freedom!

This report on winning a Freedom Savings Account is but a small part of the Smart mortgage Early Repayment Plan. Its fine to learn what you win. You can get the whole report with detailed instructions on how to pay your mortgage and win the $250,000.00 or the $500,000.00 as your Freedom Savings Account because you follow the SMERP Plan. The choice is yours. Follow the Links and send for the Action Guide. At the very least, leave your name and a valid email address in the box above to receive a free subscription to the Mortgage Freedom Newsletter, Bankers Secrets Revealed.

Financial Freedom is
Your SMERP Savings:
Interest, Investments, Taxes:

Your Smart Mortgage, Early RePayment Plan will pay out all non-tax deductible loans on your home as fast as possible. You win savings.

Instead of slaving away for 25 plus years of mortgage payments, your plan will reduce those years of payments by about a half to 10 or 15 years. Now you will pay for only 10 years instead of 20, You are free of payments for 10 years, for example. You'll have financial freedom 10 years earlier.

Calculate the difference in savings. Our standing example of the $200,000.00 mortgage has monthly payments of $1163.21. If you free yourself of 10 years of payments the savings right there are $139,585.20 of savings. [The simple math is $1163.21 X 12 Months X 10 Years]. Accountants and Auditors will produce much higher figures when you include a positive return on those dollars. In fact, that payment stream over 10 years at an 8% return equates to $215,386.57, according to my financial calculator. These savings are an accumulation of the years of unnecessary payments because you will pay off your mortgage now in 10 years instead of 20 years.

You win on the interest charges. When the new plan pays the mortgage off in twelve years, five months, instead of 25 years, you save mortgage interest. You are free of interest payments for the Twelve Years seven months. Interest savings we identify as $76,525.00. This sum helps to buy your financial freedom.

You win with the Tax savings. Our example identifies those tax savings as $70,725.00. (This amount assumes a 40% tax rate for the Consumer). When you borrow back the home equity, and you invest those dollars, the ability to deduct the investment interest paid over the years on income taxes, result in large tax deductions year after year. The exact amount of the deductions will vary depending on your marginal tax rate. Suffice it to say that these tax savings result in real dollars. You will receive a tax refund cheque, potentially, every year as long as you are a salaried employee, work at a T4 Job and as long as you keep the investment. Can I trust you to save those cheques so they count towards your retirement? If you save the cheques, they add to your financial freedom.

You win with the investment savings themselves. No one can predict future investment returns with certainty. One must make assumptions. We have no need to quote a precise figure of investment returns. Let’s simply state that market returns over any 10-year period in the past were hardly ever negative for most four-star and above Funds. Your winnings in fewer mortgage payments and interest cost savings, alone, already reach the $250,000.00 level, the quarter of a million dollars range. The point is not to quantify an exact amount of gain, but to understand that the new game plan has started… --the Smart Mortgage Early Investment Plan. THis is your ticket to financial freedom.

Retirement Freedom Choices:

Winning financial freedom with a freedom savings account is not measured here so much in the exact amount of dollars you make. Winning is also a matter of attitude and freedom of choices. You would have developed a Winners Attitude! With this new Plan, you would have taken yourself out from the herds of Job Seekers and Wage Earners. You would have escaped from the hoards of Workers who believe that the Nine-to-Five Job with a tie, or the Seven-to-Four Job without a tie is an adequate retirement plan. Robert Kiyosaki considers even University Professors from this class as Poor Dads. You are free to choose your retirement.

You would have won your way out of the class of poor Dads. Gradually, as you begin to reap the rewards of new investments in your Freedom Savings Account. You will begin to understand how Rich Dads think. You are on tract to become one of the Rich Dads. As Robert Kiyosaki, Robert Allen and others teach, you will understand what it means to have your money work for you. Instead of leaving assets dead and idle, sitting at home, while you go out to work. You could choose to continue working as usual or to retire sooner. Now, in addition to your own, individual, work efforts, you will also have money in your freedom savings account working. You now make money while you sleep. This is one definition of financial freedom. Hopefully, these assets like real assets will produce an income for retirement above the costs it takes to put those assets to work.

Finally, you win because your retirement plan is in place. You must now work the plan to reap your rewards. If your home mortgage will end in ten years, don’t count on retiring from work the day the mortgage payment ends. No No!! Stay on the job a few more years. Take the next ten years or so of those mortgage payments to grow your freedopm savings account as a retirement fund. The freedom savings account now grows really fast because you are able to put away all of the mortgage payment dollars into investment dollars.

Freedom Savings
New Wealth Choices:

With the Smart Mortgage Plan you retire with a home that is free of a Mortgage Payments. And you own your Freedom Savings Account. In addition, you have important wealth choices to make. Your Investment account is counted in the hundreds of thousands. And you have an Investment Loan, Other Peoples Money, that is working for you. This OPM Loan grows with the growth in the values of the investments. It gives you a legitimate reason to keep paying less taxes from work income, from business income, or even from income you receive from investments. Keep the investment loan as long as you want. Or pay it out and invest your money only. The choice is now entirely yours. This is what financial freedom is all about.

Finally, as you begin to accumulate wealth, your priorities change. Your new goal is to preserve that new-found wealth. You must have a winning strategy of wealth to pay your living expenses into retirement. You must have a strategy to pass the remaining assets on to the next generation. Your Smart Mortgage strategies must find a way to reduce the huge tax bite that those CRA and those IRS Types are waiting for.

Let me outline the new problems in brief. And these are great problems to have! As a US Citizen, your Descendants must pay inheritance taxes on wealth you pass on to them. It does not matter where in the world those assets are located. The IRS wants its share. Similarly, CRA or Revenue Canada takes its share using more sinister or surreptitious methods. No. We have no inheritance taxes in Canada. We simply tax the Half Dead. Two minutes before a death in Canada, CRA deems as sold, all assets of the Departing Soul. Suddenly, all those dollars you so successfully screened from the prying eyes at CRA, become exposed and your gains are deemed to exist based on fair market value. Then your estate is taxed in what is called the Final Returns.

Before that final tax bill however, your assets are totaled and assessed Probate Fees at the rate of $17.00 for each $1000.00 of assets. This is not the tax yet. In Canada, it is called a fee. What is its impact, on an average, for most provinces? --$17,000.00 for a $100,000.00 estate. Or the tax bill is $170,000.00 for a $1 million dollar estate. We are talking the big numbers now because the final year of your existence on this earth is your wealthiest when all of your efforts are amassed together as one!

Probate Fees are just the beginning. Income Taxes on the estate of the Deceased are assessed following the Probate Provcess and the payment of those fees. The highest rates for Income taxes are 43% on accumulated, final year earnings and on remaining capital gains over a lifetime. Don't kid yourself. Let's be clear the little old lady whose only income in life is her canada pension and Old Age Security, suddenly upon dealth, is bumped up into the 43% tax braket because of savings and investments that no one knew about.

Financial Freedom Solutions for the Wealthy:

You just heard the bad news. The system is ready to start the next generation off with a debt until they fight their way out to financial-freedom. Fortunately, there is a smart solution for every problem. That solution to this estate tax problem lies in the freedom savings account. It is the subject of the next report. Just as is the case with Smart Mortgages, both US Tax Laws and Canadian Tax Laws allow tax credits and tax deduction strategies that anyone can use to minimize taxes payable on their estate. Americans can create Corporations and Family Trusts that pass their assets to the their kids without the huge inheritance tax bite. It will cost a set up fee to some US Attorney and annual fees to keep the Corporation current on government records. These costs are minute when compared to the alternative of huge taxes payable from the estate.

Family Trusts are also possible for the financial freedom of Canadian Tax Payers. Lawyer friends have advised of recent changes that make this solution a bit less attractive than they used to be. Another alternative, the IBC the International Banking Corporation has also lost its appeal with the new money laundering laws, the loss of secrecy in international banking and various antiterrorist, government initiatives that aim at tracing the financial resources that may be used to finance Terrorist Activities. Offshore Banking Corporations can no longer operate under cover of secrecy. The anti-terrorist measures have shut down this avenue for financial freedom. Those few selected States, which previously encouraged the establishment of off shore banking corporations and benefited from that activity as an important revenue source, have now given in, one after another, to the pleadings of US International lobbyists. One by one, they have signed on an International Treaty agreeing to share their information on existing, Offshore Banks. In the name of fighting Terrorists, the US and Canadian governments have succeeded in slowing down one tax avoidance scheme. Off shore Banks and Trusts, in any event, were never a favorite choice of mine. Too often in the past would off shore Investors encounter fraudulent practices by con artists posing as Offshore Investment Specialists.

Other avenues exist that quite efficiently protect the Freedom Savings Accounts and other assets of Canadian and American Baby Boomers from massive taxation in the 40% to 50% range. We need our financial freedom!! Already other pages on this website make brief mention of possible solutions. Our Accountants and Tax Lawyer Mentors are well versed in structuring tax and investment strategies that protect estates. Consumers can have relief protecting hard earned assets in their Freedom Savings Accounts from the massive tax bites –Inheritance Taxes in the USA and Deemed disposition of Assets Taxes in Canada.

Join our Mentorship Programs. Subscribe to our Newsletters. They will help you to win this final battle to preserve your estate your wealth in the Freedom Savings Account.

SBI!