Live Abundant Radio with Doug Andrew

As you prepare for your golden years, one of the biggest pitfalls you’ll need to avoid is the prospect of outliving your retirement savings. This involves more than simply saving up a giant nest egg. It means mitigating the risks of higher taxes, inflation and market volatility and maintaining your net spendable income. Doug Andrew draws upon more than 4 decades of financial planning experience to share with you what other advisors cannot. These strategies aren’t secrets so much as they are simply not widely known. Here’s a sneak peek of what Doug goes over in this episode: * Do you know the 3 game-changing secrets that will ensure that you don’t outlive your retirement savings? This is stuff you must know before retirement. * A million dollar nest egg sure seems like a lot of money. If you want to keep more of it in your pocket, you’ll need to know the difference between tax-deferred and tax-free. * Why is so uncommon for people to find themselves in a lower tax bracket upon reaching retirement? It used to be axiomatic but no longer can be counted on as a sure thing. * Why do so many advisors believe that you shouldn’t be pulling out more than 4% annually from your retirement savings? There are better ways to enjoy a predictable rate of return. * Are there better alternatives to accumulating your nest egg in an IRA or 401(k)? What should you do if you’re currently saving like this? * What is Doug’s preferred vehicle for his serious cash? Learn how it’s possible to enjoy liquid assets safely earning a predictable rate of return. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

In his nearly 45 years of experience as a financial planner and consultant, Doug Andrew has heard a lot of questions from his clients and his students. Some questions, as you might expect, seem to come up on a regular basis. Often, these questions have to do with how to save for the future. What are the pitfalls to beware of and how do you find the appropriate savings vehicle in which to accumulate your retirement nest egg. In this episode you’ll learn the long and short term strategies that will keep you on course now and keep you secure far into the future. Here’s a preview of some of the subjects Doug goes over this week: * If your boss is matching contributions to your company’s IRA or 401(k), does that mean you’d be wise to utilize one as a savings vehicle? Are there better ways to save? * If you took a bath when the market declined in 2008, you’re likely wondering how to protect yourself from future market volatility. Doug explains how to watch your savings safely grow. * Why do so many people save for the future in tax-deferred accounts like IRAs and 401(k)s? Doug explains why tax-free savings is a better approach than tax-deferred contributions. * What are your options if you are top-heavy in tax-deferred savings? Is there a way to escape the tax trap that’s waiting for you? * The danger of outliving your retirement savings is a greater threat than many realize. Learn why so many people end up in a higher tax bracket at retirement than they were in previously. * Is it possible to enjoy Liquid Assets Safely Earning predictable Rates of return? Once you’ve heard Doug’s explanation of his LASER account, you’ll understand why you have real options. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

When it comes to living an abundant life, there are far more dimensions to consider than simply wealth. For instance, Doug Andrew has spent four and a half decades helping people understand and counter the dangers posed by higher taxes, inflation and ongoing market volatility. He teaches his students and his clients how to find clarity, to become empowered and to implement the formulas for success that have stood the test of time. If you’re serious about planning for your brighter future, this is a message you must hear. Here is a snapshot of a few of the topics covered in this week’s broadcast: * Do you understand the difference between having assets in the market and having them tied to the market? If you wish to avoid the ravages of market volatility, you must know this. * Being in a lower tax bracket at retirement is no longer a sure thing. How will you protect your nest egg from being depleted too soon? * A great many people have opted to save for the future in tax-deferred accounts like IRAs and 401(k)s. Doug explains why tax-free savings is preferable to tax-deferred. * Is there a potential fortune that you’re in danger of missing out on? How you choose to save for the future can make a world of difference. * How would you like to lock in your gains whenever the market grows but also avoid losing any principal in those times when the market declines? Doug shares proven strategies to show you how to avoid the dangers of market volatility. * Is there really safety in doing what the crowd is doing? Learn why so few people have ever heard of the alternatives that exist in their retirement planning. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew has been a financial and retirement planning strategist for four and a half decades. Among the most valuable lessons and strategies that he’s learned is the acronym LASER. This stands for Liquid Assets Safely Earning a predictable Return. This concept also is a key component of his latest book “The LASER Fund.” If you’re serious about planning for your brighter future with the best possible strategies and savings vehicles, it’s information you’ll definitely want to know. Here is a preview of some of the things Doug shares in this week’s episode: * Does the fact that so many people save for retirement in an IRA or 401(k) mean that there aren’t better savings vehicles available to you? Doug explains why he’s never had either. * Market volatility has left a lot of people with deep regrets and trying to make up lost ground in their retirement savings. What if there was a way to accumulate your nest egg that wasn’t vulnerable to ongoing market swings? * Do you understand the different categories in which you can accumulate your funds for the future? Learn the difference between these categories and move toward the future with confidence. * There are 11 optimal features that we want when we set aside money. Doug describes what they are and why they are so important to your retirement planning. * What good is your money if you cannot access it when you need it? Liquidity should be an essential factor in how you build your nest egg. * Learn how to lock in the gains you’ve made when the markets are growing but also, how to avoid losing that hard-earned gain when the markets decline. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

During his four and a half decades as a financial strategist, Doug Andrew has encountered a number of recurring questions. Many of these questions have to do with the biggest roadblocks, dangers and obstacles that people face with their money that they are saving and investing for the future. If you’ve found yourself feeling concerned or powerless when it comes to your money-making decisions, this is a topic which will bring you serious peace of mind. Best of all, the answers you receive will better prepare you and your family for an abundant life now and in the future. Here is an overview of some of the main points that Doug covers in this broadcast: * Why do so many people fail to accumulate the fortune that the might have? Generally, it’s because they simply haven’t been shown the legitimate dangers of taxes, inflation and ongoing market volatility. * Lots of folks believe that they’ll be in a lower tax bracket when they reach their retirement. Doug explains why this is no longer true and hasn’t been for more than two decades. * Why is accumulating your nest egg in pre-tax money going to be such a rude awakening for so many folks at retirement? Doug reveals why tax-deferred savings vehicles are a poor choice. * How can you utilize a tax-free savings vehicle for retirement? If you’re not willing to kiss roughly a third of your nest egg goodbye each time you access it, you’ll want to know this. * Why is inflation such a deadly threat to those who have money in savings? Doug shows you how to keep ahead of the inflation rate so you don’t lose the purchasing power of your savings. * Is there a way to avoid the kinds of losses that so many folks have seen because of market volatility? Learn how to gain during those times the market grows but not lose money when it declines. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

In his four and a half decades as a financial strategist, Doug Andrew has devoted himself to helping his clients and his students learn about abundant living. He's taught them about the 3 dimensions of authentic wealth that encompasses more than just money but also includes our health, our wisdom and our values as well. It's hard to overstate how empowering this information can be. If you've found yourself feeling powerless or isolated and confused, you'll definitely find clarity and confidence in today's episode. Here is a preview of some of the topics Doug shares in this episode: * Why is it so important to understand the dangers of higher taxes, inflation and ongoing market volatility? If you're serious about your financial future, you must know this. * If you've ever worried about the possibility of outliving your retirement savings, you're not alone. Doug offers some serious advice that can set your mind at ease once and for all. * What is the role of leadership in an abundant life? The answer can not only liberate you, but also your family, your colleagues and your employees. * Why are the financial reporters who interview Doug becoming skeptics when it comes to IRAs and 401(k)s? Doug explains why he's never had and never will have one of these accounts. * There's a world of difference between accumulating savings in a tax-deferred account rather than tax-free. Learn why it's a difference that too many will fail to understand until they've retired. * Why does the national debt have a bearing on your plans for the future? If you haven't been paying attention, get ready for a full strength reality supplement. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

With 45 years of experience as a financial specialist, Doug Andrew gets a lot of questions along the way. Among the most common questions he hears from his clients and his students is this one: "What are the biggest obstacles I'm likely to face on the way to retirement?" It's a wise question to ask when considering how easy it is to encounter financial roadblocks and pitfalls in a time of rising taxes and inflation and ongoing market volatility. If you're serious about avoiding the dead ends and detours that can cost you precious time, you'll find today's episode extremely helpful. Here is a snapshot of what Doug covers in this broadcast: * Are you counting on taxes being lower when you reach retirement? A lot of folks are in for a rude awakening in the not so distant future. * What is the danger of saving in a tax-deferred vehicle versus a tax-free one? Once you understand the difference, you'll never look at your IRA or 401(k) the same again. * Pretend you're a farmer, would it be better to pay taxes on the seed you buy in the springtime or on the harvest you put away in the fall? Doug's farmer metaphor is a powerful lesson on how to save for retirement. * Why is it so important to have liquidity in your savings vehicle? Once you understand the strings that are attached to most savings methods, you'll never want to look back. * What are the benefits of a Roth IRA? Learn what's good, better and best for accumulating your nest egg tax-free. * Do you understand what inflation is doing to your savings? Doug explains why keeping up with inflation isn't enough, we have to outpace it. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

For the past 6 years, Doug Andrew has held an annual family retreat known at "Grandpa's Camp." It's an opportunity for members of his family, from young to adult, to spend purposeful time with each other creating experiences. He shares these experiences to illustrate how an abundant life is much more than just financial wellbeing. It's one where we're consistently learning, setting goals, and making self improvements that matter. If you're charting a course for the land of peace and abundance, Doug has some timely information to get your journey off to a great start. Here is a sneak preview of what you'll hear in this episode: * Are you planning to leave a legacy of Knowledge, Attitudes, Skills and Habits? Doug shares explains how KASH is more valuable in the long term than plain old cash money. * Why does happiness come from producing value rather than simply consuming it? Each year, Doug holds numerous educational events that teach the answer to this question. * Did you know that authentic wealth has at least three dimensions? Understanding what they are will open the door to greater fulfillment in many areas of your life. * What benefits are you putting off for the future that you could be enjoying today? Discover why so many people miss out on opportunities for self improvement. * What are the hidden treasures in your life? The sooner you start on your own personal treasure map, the sooner you can discover them. * Are you serious about preparing for your retirement? Learn about the principles and strategies that the vast majority of financial professionals have yet to learn. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Most of us have a pretty good grasp of what matters most in our lives. Even so, there are constant distractions and challenges that draw our attention away from these things and prevent us from staying focused. In today's episode, Doug shares a handful of ideas by which his family is able to spend purposeful time with one another having experiences together, learning, setting goals, and making self improvements that matter. Whether it's in our homes or our businesses, we can all benefit from the right kinds of personal development. It's just a matter of getting started. Here is a snapshot of some of the key elements Doug covers in this broadcast: * Why do so many people and businesses put off opportunities for self improvement? We shouldn't have to die to enjoy the benefits for which we're working. * If you had the chance to become educated on things like abundant living, planning for your retirement or optimizing your assets, would you jump on it? Doug holds numerous events each year teaching these very things. * What are the three dimensions of authentic wealth? Once you understand what they are, you'll never settle for anything less. * Why are Knowledge, Attitudes, Skills and Habits essential to happiness now and in the future? Doug explains why a legacy of KASH is more important than simply cash money. * Anyone who is planning for a brighter future must understand our current tax situation and why taxes are likely to continue rising in the future. It will affect your nest egg if you haven't take the proper precautions. * Having the right financial professional can make a world of difference in the peace of mind you enjoy in your golden years. Doug will share insights on how to find the right professional for a number of different needs. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

When Doug Andrew published his first book "Missed Fortune" back in 2005, he took on 23 financial myths that have been common to the financial services industry for years. Today, Doug takes the time to share and deconstruct several of those myths for you. If you're serious about being prepared for a bright and abundant retirement, this episode will give you plenty to consider. Drawing upon his experience of more than four and a half decades, Doug will share a number of proven strategies that could make a difference of hundreds of thousands of dollars by the time you reach those golden years. Here is a snapshot of some of the key elements Doug covers in this broadcast: * Why are so many people in danger of outliving their retirement savings? If you haven't considered why this happens, now is a good time to learn. * Why do so many financial myths persist in our time? Doug explains why even some experts continue to buy into them. * Though we're all moving toward our golden years, why do some people seem to have one foot on the gas and the other on the brakes? Avoiding this costly mistake is essential. * Can you really count on being in a lower tax bracket at retirement? Lots of folks who still believe this are in for a rude awakening * IRAs and 401(k)s are among the most common savings vehicles for retirement. What if there was a more liquid, safe and predictable vehicle for this purpose? * What are the most common myth-conceptions we've all been taught for most of our adult lives? Once they're pointed out, we need never fall for them again. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Each of us has a treasure map of sorts that guides our life and what we choose to do with it. In today's episode, Doug Andrew shares how to spot the clues that will guide us directly to the brighter future we're envisioning. Listen in as Doug shares a number of the secret clues to our treasure map that will make it easier than ever to discover peace and abundance for ourselves and for those we love the most. They're many of the same truths you'll learn at one of his educational events. Here is a snapshot of the material Doug goes over in this broadcast: * Learn why a shocking number of financial professionals have yet to learn many of these clues. They can't share with their clients, things that they themselves don't yet possess. * If your treasure is where your heart is, does that mean that your treasure could encompass much more than simply money? Doug explains why this is so important to understand. * Which is the more reliable source of happiness, what we have or what we are? The happiest, most fulfilled people you know can tell you the answer. * What is the danger in going deep into shallow things? Doug reveals why people who are producing value will always be happier than those who are simply consuming it. * Things are not an accurate measure of authentic wealth. Learn what else must be a part of the equation and why it's essential. * As important as the "what" and "why" are to understanding these clues on your treasure map, you'll also need to know the "how". Find out about the next educational event taking place near you. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Whether you're an entrepreneur, a father or mother, a grandparent or a leader in any capacity, it's empowering to be able to recognize opportunities others might have missed. Doug Andrew often has the privilege of teaching this skill to others. In this episode, he shares vital information about the effect that taxes, inflation and ongoing market volatility can have on your retirement nest egg. You'll also hear about what authentic wealth is and his favorite financial instrument for liquidity, safety and predictable rates of return. Here is a quick preview of some of the topics covered in today's broadcast: * It's no exaggeration that many people miss out on potential fortunes they could have earned. How would you like to know what you don't already know about these missed fortunes? * Some interviewers are shocked when they learn that Doug has never owned and never will own an IRA or 401(k). Wait until you hear his reasons why. * Not all savings vehicles are created the same. Learn which provides the greatest liquidity, safety and predictable rates of return. * Would you recognize a tax trap if your money was sitting in one? Doug explains what these traps are and how to rescue your savings from them. * Do you understand the difference between saving in a tax-deferred account versus saving in a tax-advantaged one? Knowing this difference could be a lifesaver at retirement. * Are you planning on being in a lower tax bracket at retirement? Learn why this is not something most people will be able to count on. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Doug Andrew's first book was called "Missed Fortune" and in it, he demolished nearly 2 dozen financial myths that have plagued the financial services industry for years. In this episode, Doug will highlight and debunk a number of those myths. He'll also share some key information about how to increase your resources for retirement. This isn't a financial pep talk. It's proven strategies for the kind of savings vehicles that could make a difference of hundreds of thousands of dollars by the time you reach retirement. If you're ready to face that brighter future with confidence, just hit the "play" button and give a listen. Here is a snapshot of some of the key elements Doug covers in this broadcast: * What are the most prominent myths Doug has encountered in his four and a half decades as a financial consultant? Learn why they persist today. * Would you recognize the myth-conceptions you've been taught for most of your adult life? After you hear what they are, you'll never fall for them again. * When it comes to long term savings, should you be saving in a tax-deferred or tax-free vehicle? Anyone with an IRA or 401(k) needs to hear this. * Conventional wisdom used to teach that you could count on being in a lower tax bracket upon reaching retirement. Learn why this is no longer true and what you should do about it. * Why is it that so many people are figuratively moving towards retirement with one foot on the gas pedal and the other foot on the brake? Doug explains how to make sure you're not one of them. * The threat of outliving your retirement savings is a real one. Discover why this doesn't have to be the case with a little education on your part. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

When Doug Andrew is invited to speak to various audiences across the country, he often has the opportunity to share his insights on what he calls the "LASER fund". If you're not familiar with this acronym, it refers to Liquid Assets Safely Earning predictable Returns. If you've given serious thought to planning for a brighter future, it's a concept worth knowing. Especially if you find yourself wondering about the best savings vehicles in which to accumulate your retirement nest egg. Not all savings vehicles are created equal and Doug has the data to prove it. Here's a sneak peak at what Doug reveals in this episode: * Optimizing your financial assets includes a lot more than just money. Doug explains the different financial dimensions that come into play. * Most people understand the importance of minimizing unnecessary taxes. Learn why this is more important than ever once you've reached your golden years. * Do you understand the different phases of how to prepare for retirement? Doug lays out each phase and explains what your focus should be in each of them. * Can you name the four different types of income that should be a part of your retirement portfolio? After hearing this episode, you'll be able to do so with confidence. * Why is tax-free income so essential during your retirement years? If you've been saving in an IRA or 401(k), you need to hear this. * How does having your nest egg tied to market tempting fate? If you've ever been shocked by what market volatility has done to your retirement savings, Doug shares a better option. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Opportunity comes to each of us in many different forms. Recently Doug Andrew was asked to be a keynote speaker to a group of 150 high school students who will each receive a $1,000 entrepreneurial award. That may not sound like a lot to some of us, but Doug's point is to teach these young people how to multiply their opportunities, no matter how big they are. He shares a story about an entrepreneurial experiment he did a few years ago with nearly 200 youth from his church. Even our small opportunities have the potential to become very big if we have the right attitude, work ethic and strategy. Here's a snapshot of the topics Doug Andrew covers in this episode: * Do you know the 10 keys to achieve a meaningful transformation in your business? Doug shares where to find these keys online. * How would you like to be able to magnify your efforts 10 times over the next 5 years? Doug has the details. * Ever heard of the time value of money? It's a lesson that can benefit any of us but the sooner we get started the better. * Why is it essential to learn the value of failure? Doug explains why, if you're going to learn from failure, you must learn how to fail often and fail fast. * The concept of a family bank is not understood by many people. Once you've heard what it is, you'll see why it is such a valuable tool to every generation of entrepreneurs. * There are Four Freedoms that Doug loves to teach entrepreneurs. Once you've mastered them, you'll be unstoppable. * And much, much more… Start by visiting with a wealth architect today. *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.