VG Financial

📊 Attention Millennial Women! Statistics state that women in our age group are most likely going to live in poverty in our golden years!!!

Let's talk about retirement savings and the financial hurdles many of us face. Did you know that according to recent studies:

🔍 TIAA states only 29% of millennial women are actively saving for retirement, compared to 41% of millennial men.

🔍 According to NIRS Millennial women have an average retirement savings balance of $23,000, significantly lower than the average balance of $50,000 for millennial men.

💡These statistics shed light on the challenges we encounter when planning for our financial future. There's a safe, powerful solution that can help bridge the gap: Cash Value Life Insurance.

Here's how it can make a difference:

💎Flexibility for Life's Twists and Turns: Whether it's taking time off for caregiving, pursuing a new career path, or dealing with unexpected expenses, cash value life insurance offers financial flexibility to adapt to life's changes without sacrificing long-term security.

🛡 Protecting Your Loved Ones: As caregivers, breadwinners, and nurturers, ensuring the well-being of our families is paramount. Cash value life insurance provides both protection and a savings component, offering peace of mind knowing our loved ones are taken care of no matter what.

🛠 Building Wealth Over Time: With cash value life insurance, you're not just preparing for retirement; you're building wealth that grows over time, giving you a solid financial foundation for the future.

Feel free to reach out to explore and discuss the benefits of cash value life insurance and take control of your retirement journey today!

Parents of children in middle school to undergrad college: do you need help finding scholarships for your student?

Parents, if college were to begin tomorrow for your student, how are you going to fund the bill?

Parents must stay informed to new ways to cover the college bill because they won't get the help they were once able to receive.

Parents with more than one student already attending college will be losing the sibling discount. For example:

A parent already has a student in college and their Student Aid Index (SAI) is $60,000, but now they have 2 more students in college at the same time.

The rule used to be that their SAI would be $20,000 for each student.

However, the new FAFSA rule states they could be expected to pay up to $180,000 for each student FOR ONE YEAR! This could definitely cause an issue in terms of funding college for all of these parents' students.

If you are a parent that has one or more college bound students, and you are concerned about the new Financial Aid and FAFSA rules, register for tonight's seminar at 6pm PST here:

College Funding For Mid to High Income Families If you consider yourself to be middle or upper middle class you are going to learn how to fund your students college education.

⛔️Your attitude of being passively involved with your investments and retirement income will negatively impact you and your finances this year and the next coming years:

🛑Many people are sleeping on how this election year will impact them financially. Don't be one of them!

We can see what is going on with our economy currently.

‼️The DOW is going crazy, increasing market volatility.

📉During election years, the powers that be always manipulate the market to reflect a stable economy, giving a false sense of security to the American people.

‼️Inflation rates are affecting everyone and will double the cost of living in less than 5 years,

‼️The federal government continues to spend more than double they receive in revenue due to stimulus spending

‼️The federal government is printing money at an unprecedented rate to cover deficits,

‼️The federal reserve has aggressively raised interest rates to curb year high inflation rates.

‼️The federal government is raising taxes and going after people and businesses who have the money.

‼️Capital gains taxes and income taxes are increasing.

‼️Experts such as Lisa Shalett, the CIO for Morgan Stanley, and Kobessi Letter speak of a looming commercial real estate crisis that will be worse than 2008 that will ultimately bleed into the residential real estate market, and bank failures.

What can you do?

💎Put your money into institutions that rate high in safety and use strategies to provide safety of principal.

✅Use legal reserve insurance companies because they employ indexing strategies to protect principal and lock in any gains.

💲Use indexing strategies that take advantage of market volatility while eliminating loss risk.

For more information on strategies that allow you to take advantage of market volatility and protect you from loss, feel free to DM me.

When you open yourself up to discussions on building wealth, you may discover opportunities that were previously unconsidered.

Expanding knowledge leads one step closer towards achieving your goal of attaining affluence!

Congrats to Phill and Denise for taking the first step of having the conversation!

Not only did they diversify their portfolio and protect their 401k by investing in an insurance vehicle that is built to accumulate wealth,

they lowered their taxable income and set themselves up for additional tax-free retirement income!

They also took the extra step in breaking the generational curse of poverty over their family by setting their children up to accumulate wealth that their children will have access to anytime they need it!

This is what I call securing your legacy! Bravo Zulu parents, and I am glad to have helped you both add value, comfort, and financial stability to your lives and your future generations!