If you live or have clients in any of these States, this is a HUGE untapped market! Billions of $, I'm guessing. https://www.adp.com/resources/articles-and-insights/articles/s/state-mandated-retirement-plans.aspx

I've been experimenting w a new "toy". It has LOTS of potential utility I believe. Click the "Watch Video" thingy 😉 Watch Video (00:42) https://dubb.com/r/markboehm

To the MD that reaches the highest level by June 20th will receive a check from me for $1,000 cash (tax-free). It must be at least level 7. More on this when we Zoom on getting the most out of Skool. How I see the future MDs making an average income of $500,000. I’ll breakdown the numbers. We will set goals together, and we will hit these goals. Post more, like more, and level up. It’s for you, even if you don’t understand why, you will soon. I’m asking you to trust me now, or trust me later… just stay tuned. The annuity business is about to explode like it did in 2001.

The Social Security Trustees' Annual Report came out a few days ago. Not optimistic, to put it mildly. "Under the Trustees’ intermediate assumptions, Social Security’s total cost is projected to be higher than its total income in 2023 and all later years. Total cost began to be higher than total income in 2021. Social Security’s cost has exceeded its non-interest income since 2010." "Under the Trustees’ intermediate assumptions, OASDI cost is projected to exceed total income in 2023, and the dollar level of the hypothetical combined trust fund reserves declines until reserves become depleted in 2034, one year earlier than projected in last year’s report." Much more detail contained therein about the likely effects of demographic changes, etc. Bottom line: Everybody'd better start thinking about and planning for the likely tax implications. _tr.book

PLEASE READ Wade Pfau’s (one of the respected voices in retirement planning, his books are a must read and he heads the retirement planning program at the American College of Financial Planning) research paper on the Monte Carlo simulation fallacy. As retirement planners, we tend to gravitate towards comprehensive financial planning software such as MoneyGuide Pro, EMoney and their ilk. All of these financial/retirement planning software packages rely on Monte Carlo simulations to arrive at a “safe”withdrawal rate from client’s portfolios. All of you are familiar with Bill Bengen, a San Diego, CA financial planner and his 4% Rule. This research paper is a repudiation of that rule. . One of our clients prime retirement planning concerns is the question, “ How much can I safely withdraw from my portfolio with very high confidence for my lifetime?”. Monte Carlo simulations as used in the financial services arena have been mathematically proven to be of no use. Why?(You must read to find out). What now??? Retirement planning is dead?? The answer as Darren Sugiyama would say is “mathematically indisputable and brutally honest”. ANNUITIES- this is the answer that the most respected voices in the financial planning industry have now endorsed. Using annuities in retirement planning distribution plans is truly fulfilling your fiduciary obligation.