Born To Save... Pressured To Spend

To be American is to spend money—right? Unfortunately, for the most part, that statement is correct. In today’s financial environment, many savers are finding the pressures to conform their saver’s mentality to that of a spender’s hard to withstand.

So what’s a saver concerned with financial security trapped within a consumer culture to do?

In this week’s installment of the David Lukas Show, David and Zach explain steps that can be taken and the planning that should be done to ensure a WorryFree Retirement™.

First on the discussion table is Hersh Shefrin’s, PHD, study “Born To Spend”, and how both nature and nurture impact an individual’s spending and borrowing habits. David and Zach explain, in detail, why a person’s mentality towards money matters and how the traditional approach to financial literacy and understanding isn’t working for most Americans. One major reason being that most of us don’t know what our financial personality is. Knowing how you think about money is a key component to gaining the skills and understanding the processes that are involved in making informed investment decisions.

Find out what your financial personality is today!

Of course, financial security takes more than just a basic knowledge of all the options that savers, investors, and speculators alike have for safeguarding their hard earned retirement funds. It takes a firm vested in your future, a firm like David Lukas Financial, to set said safeguards in place.

David Lukas Financial specializes in the uncommon strategies that can protect your hard earned money and retirement funds from the inevitable pitfalls of Wall Street. If you’re interested in Sleep Insurance™ and worrying less about money™, call 1-800-559-0933 now.

Secure your future by meeting with David today!

Did you know that the ever-popular annuity was actually a contract created during Roman times as a safe option to preserve peoples wealth? These “contracts” during the Emperor’s time were known as annua, or “annual stipends” in Latin. The concept was that Roman citizens would make a one-time payment, or investment, to the annua, in exchange for lifetime payments made back to them, the investors, once a year.

So it’s safe to say that the concept of Mailbox Money^® originated during Roman times? Right? Right!

In this week’s installment of the David Lukas show, David and Zach demystify the cryptic annuity and explain how they are perfectly tailored for savers.

Throughout the hour, David and Zach discuss how different people have different needs and that having only one type of annuity for everyone to choose from would be folly. Thankfully there are three options currently available: the fixed annuity, the variable annuity, and the fixed indexed annuity.

Unfortunately, there are many common misunderstandings of annuities because they have been both highly misused by financial advisors and investors alike. Because annuities can be complex, understanding the fine points is paramount!

In order to make informed decisions about money, it is necessary to know the good the bad and the ugly details of the plans you are making. We, at David Lukas Financial, have the knowledge to take you and your retirement to the next level of security with the WorryFree Retirement^® plan. WorryFree Retirement^® is a streamlined and proven plan that implements the steps necessary to ensure the sleep insurance^® needed to enjoy your life—after work.

Visit DLShowonline.com to download your FREE copy of the Annuity Decision Guide, and decide which annuity is best for you. For more information on annuities call the David Lukas Financial office at (501) 218-8880 or toll-free at (800) 559-0933 to make your “no obligation” appointment today!

So many of us live trapped within the world of Behavioral Finance. Unfortunately, the decisions we make ourselves, as investors, or with the help of financial advisors may not be in our best vested interests.

On this week’s installment of the David Lukas Show, David and Zach talk about how the different Behavioral Finance theories (like Heuristics, Herd Instincts, etc.…) all still lead to the same universal question: “Why do investors still end up making irrational market mistakes?” The answer is easy. Most investors aren’t true investors—they’re savers.

Throughout the program, the point David frequently makes is that it takes a certain type of personality to be either an investor or a speculator. Neither of those traits match the financial personality traits of a saver.

Are you unsure about what your financial personality is? Take the FREE test today by visiting 3personalities.com.

David Lukas Financial specializes in the uncommon strategies that can safeguard your hard earned money and retirement funds from the inevitable pitfalls of Wall Street. If you’re interested in worrying less about money™, call 1-800-559-0933 now. Go ahead. Secure your future by meeting with David today!

On this episode of the David Lukas Show, attorney and author JJ Childers talks about the importance of personal asset protection. Listen to Childers explain how it is perfectly possible , and legal, to protect your money from taxes, lawsuits, and debt with the many tools and vehicles that are currently at your disposal.

According to Childers, there are three legal pitfalls that people leave their assets vulnerable to when there is a failure to take the necessary protective steps:

• Lawsuits
• Extensive Income Taxes
• Substantial Death Taxes

Business holdings can also lead to liability when it comes to asset protection. LLCs (Limited Liability Company or Corporation) can shield personal assets from lawsuits or claims made against a particular business.

Childers goes on to mention how many people and business owners pay unnecessary taxes each year because they just don’t know any better.

Heavy taxation after death is a nasty reality. Unfortunately those who fail to setup a will, trust, and other forms of asset protection waste thousands of valuable dollars in probate. That’s a fact!

Attorney J.J. Childers attained his Bachelor of Business Administration degree as well as his Juris Doctor. As a licensed attorney, Childers has saved small business people throughout the United States protect millions of dollars from lawsuits, income taxes, and death taxes.

No one ever secured a sound financial future by waiting to plan. The best time to establish asset protection is before problems arise. David Lukas Financial specializes in specific uncommon strategies that can safeguard your hard earned assets.

For more information call David Lukas at (501) 218-8880 today.

How much do you know about the Federal Reserve Note—aka money—your wallet? It is a little known fact that all of the currency circulating within our economy was created out of debt.

Our current monetary system utilizes mostly government bonds as backing for the money supply, and it has locked the nation into perpetual debt. So what happens to these funds? Where do they go? Who creates them?

In this week’s installment of the DL Show, David re-visits his past interview with author of The Creature From Jekyll Island, G. Edward Griffin. Listen to David and Griffin as they discuss the secret meeting on Jekyll Island, Ga., at which the conception of the Federal Reserve took place. According to Griffin, Six men, representing 25% of the world’s ENTIRE wealth at the time, deftly devised a system that would later convince both Congress and the American public that they were a legitimate agency of the US Government. This very meeting would birth the banking cartel better known as the Federal Reserve. Griffin goes on to tell the amazing story of how the creators of the Fed had one simple strategy: to protect its members from competition.

Also in the interview, David and Griffin discuss The Mandrake Mechanism; the term coined by Griffin himself. The Mandrake Mechanism—a process unknown by the vast majority of the public— is the process by which money is created within our economy.

Since the National Bank’s inception, there have been many consequences of the system that was devised in secret. From the beginning the basic plan for the Fed was to stabilize the economy…yet instability persists.

From the crashes of 1921 and 1929, the great depression of 29’ to 39’, the recession in 53’ 57’ 69’ 75’ and 1981, “Black Monday” in 87’, and 1000% inflation which has destroyed 90% of the US dollar value.

Inflation is the largest hidden tax known to man. According to Investopedia.com, inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. What occurs naturally through inflation the public would never tolerate through direct taxation. In fact, US citizens are subjected to enormous hidden taxes that grow in the guise of inflation each year.

Want to hear more? Gain further insight by listening to the entire interview today.

We at David Lukas Financial want you to make informed decisions about your money. In order to do so, it’s imperative to understand what is really happening. You can gain the valuable knowledge and advice needed to make informed investment decisions that will safeguard your hard earned money.

Don’t wait! Call David Lukas Financial today at (800)-559-0933.

Are you unaware of the amount of fees you are currently paying on your investments each year? If you are, you’re not alone. Millions of Americans have been sold a retirement plan—the 401k specifically—that can be loaded with the kind of hidden fees that could eat away up to two thirds of the account you’ve spent your entire career building.

In this week’s installment of the David Lukas show, David and Zach are back to further explain the expensive pitfalls of uninformed and uninvolved investing.

Because Main Street has infiltrated Wall Street the amounts of lost opportunity costs are growing daily. Today the average investor’s return equals only around 2-3% and those same investments are susceptible to devastating market losses.

In a recent interview Jack Bogle founder of Vanguard suggested:

If you want to improve your retirement outcome, be sure to minimize Wall Street’s take.” He also states “costs are a crucial part of the equation. It doesn’t take a genius to know that the bigger the profit for the management companies… the smaller the profit for investors. Money managers always want more and that’s natural enough in most businesses—it’s not right for this business. What is supposed to happen in the Fund business is the miracle of compound returns. But that magic is being overwhelmed by the tyranny of compounding costs. It’s a mathematical fact. There’s no getting around it.

Opportunity loss isn’t an inevitable part of the investment process, but it is the most devastating. To minimize your amount of opportunity loss—when it comes to taxes and costs on your investments—call David Lukas Financial today.

David Lukas Financial specializes in the uncommon strategies that America’s most wealthy investors have been utilizing for years, and he can implement those same strategies for you. David Lukas Financial can be reached at: 800-559-0933.

Have you been duped into believing that you’re an investor instead of a saver? Does Wall Street have you convinced that in order to make money in the market you must be resigned to high fees and opportunity loss?

Listen to David and his co-host for this episode, Zach, talk about the psychological factors that investors find themselves yielding too within the volatility of Wall Street. During this hour of the DL Show, David explains the damage that can be done to your portfolio with a “throw it in the market and leave it there” type mentality.

According to David, many investors may not realize just how difficult it is to make up for loss in the market. On an investment, a 50% loss would require a 100% gain in the following year just to break even.

This phenomenon, known as “negative compounding”, is rare like market stability and not the usual outcome. Unfortunately, most market losses are lost forever. And just exactly what is the cost of opportunity lost? As far as your retirement is concerned — TOO MUCH!

David Lukas Financial is helping clients across the United States by offering valuable information and advice that Helps Savers Worry Less About Money.™ Listen to the full show to hear David and Zach's analysis of the impact of human behavior and fees on the average investors portfolio. David’s firm can be reached at: 800-559-0933

David Lukas, host of the David Lukas radio show and recent recipient of the Nielsen Award for being one of the top 100 Financial Shows in the nation, was back in the studio this weekend to introduce and chat about his interview with the author of “The Power of Zero”, David McKnight.

According to McKnight, one thing’s for certain: taxes will—must go up.  It is a mathematical fact that tax rates will undoubtedly double in order to keep our nation’s debt out of default before the 2023 projected deadline.  This, my friends, is the dirty little secret the government refuses to talk about.

We, as investors, have been asleep at the roulette wheel for too long. America must wake up before it’s too late. It’s time for everyday investors to start thinking and investing in the uncommon strategies Fortune 500 executives have been implementing, for their own finances, for years.

According to McKnight, “there is a perfect amount of money to have in each of the three basic types of investment accounts; and when the correct amount of money is in each of these three buckets—that’s when the magic happens…bringing you into the 0% tax bracket.”

During the interview, McKnight also mentions several types of non-traditional IRAs that are available to those who qualify, along with the explanation and suggestion of an LIRP (Life Insurance Retirement Plan). Because the IRS keeps close tabs on all of our investments, except for LIRPs, we, as investors, must do the best we can to move our taxable assets into tax-free positions.

Also listen in to learn how to reposition your assets so your social security is exempt from taxation.

David Lukas Financial is helping clients across the United States get into the Zero Percent tax bracket in retirement. David’s firm can be reached at: 800-559-0933

“The Power of Zero” can be bought through Amazon by clicking here. Click on the Recommended Books tab to see more of David Lukas’s suggested works for reading.

“Wealth is the ability to fully experience life.” — Henry David Thoreau

“If your outgo exceeds income, your upkeep will be your downfall.” — Bill Earle

Listen to guest host JJ Childers, local Little Rock attorney and occasional guest speaker on the David Lukas Show, talk about the benefits of financial education in the second installment of his Fiscal Fitness Series.

According to Childers, everyone is already or soon will be involved in real estate to some aspect in their lives, so why not gain the financial education required to make strategic informed decisions?

Today is the show and now is the time! Listen and learn about the IDEAL investment, as it relates to real estate, and the difference between good debt (debt that has the potential to add value to your life) and bad debt (debt that can hinder you from enjoying your life).

The acronym IDEAL means…

I – income (potential to generate income)

D – depreciation (deductions, in relation to taxable income)

E – equity (building value by paying into investment)

A – appreciation (the gain of value)

L – leverage (the ability to borrow money to gain an asset)

Because of Childers’ expertise in both business and personal financial law, he’s a great source of information regarding the pecuniary consequences of debt and poor investment choices.

To learn more about what JJ Childers at Keech Law Firm can do for you, please contact him at (501) 221-3200.

In the United States, where consumer debt is increasing at a staggering rate, the significance of wealth education is grossly unrecognized. Most young Americans haven’t acquired even a basic level of monetary know-how by the completion of high school, and they, unfortunately, fall into multiple forms liability because of their lack of general financial knowledge.

This week on the David Lukas Show, featured speaker JJ Childers, attorney and partner at Keech Law Firm, discusses the current lack of fiscal fitness in America and what we, as individuals personally vested in both our country’s and our own financial future, can do to savvy up money skills.

Childers also touches upon the importance of balance between good and bad debt. Taking out loans to buy a house and education can be necessary, usually positive, investments that accrue debt. But, just as in all things, the moderation of that debt is key.

Another costly mistake that people frequently make, according to Childers, is not educating themselves on their personal investments and retirement plans. He suggests delegation not abdication. Working with a team, in your own best interests, carries greater benefit than handing over your portfolio to an FA to invest for you. Remember, not all financial advisors have your best interests at heart—they get paid weather you make or loose money.

Attorney Kevin P. Keech founded Keech Law Firm, PA in April 2004 after practicing commercial law for several years at one of Arkansas’ largest business law firms. The firm brings valuable experience—providing quality legal representation and personal attention in the following areas:

• Consumer Bankruptcy
• Commercial Bankruptcy
• Business Representation
• Real Estate Matters
• Construction

To learn more about what JJ Childers at Keech Law Firm can do for you, please contact him at (501) 221-3200.

This week, on the David Lukas show, listen to featured guests Neil and Deron, of Denman, Hamilton and Assoc., speak once again about the many benefits of working with a Certified Public Accountant when it comes to both your taxes and your finances.

Listen to Neil and Deron go into detail about:

1) Budgeting
Decoded. The steps needed to set a realistic budget that decreases debt and increases positive cash flow.

2) The three most common types of personal debt
Credit cards, car debt and student loans are three types of debt many people carry at unnecessary cost.

3) Business Debt
Businesses, no matter the size, carry varying amounts of debt. Many are unintentionally built upon a high debt structure that can be modified with the right guidance.

4) Acknowledging and stopping your debt cycle
How to control spending and accumulate capitol.

Both low income and high wage earners alike are vulnerable to the pitfalls of taxation and debt. Denman and Hamilton know what it takes to start to safeguard and relieve you and (or) your family today.

To learn more about these proactive strategies, or speak with a Certified Public Accountant contact either Neil Denman or Deron Hamilton at: (501) 312-9491.

Denman, Hamilton and Associates serves clients all over the United States.

Listen to Neil Denman and Deron Hamilton, of Denman, Hamilton & Associates CPA, PLLC, discuss how CPAs can and should be utilized throughout the year—not just during tax season.

This week’s installment involves a candid conversation about Denman, Hamilton &Associate’s specific expertise in:

• 401K taxation and penalties
• New business set-up (advantages in INC, LLC, etc.)
• Self-employment taxation regulations
• Limited legal tax liabilities
• S Corporations and C Corporations
• Positive cash flow strategies
• Specific wealth creation processes
• Balanced budgeting

By implementing the proactive approach that sets them apart from other firms, Hamilton and Denman can execute the strategies needed to eliminate unnecessary or painful taxation.

To learn more about these proactive strategies, contact Neil Denman or Deron Hamilton at: (501) 312-9491.Denman, Hamilton and Associates serves clients all over the United States.

To learn about more financial strategies that are unknown by many CPA’s and Financial Advisors, contact David Lukas at: (800) 559-0933 or David@DLShowOnline.com or visit: DavidLukasFinancial.com

In this week’s installment of the David Lukas Show, David and Neil Denman CPA, of Denman, Hamilton & Associates, discuss how you can both increase revenue and add value to your current income through proven tax strategies that work for you—not against you.

By implementing the disciplined approaches that a seasoned CPA can into your current financial planning, you’ll eradicate lost opportunity costs by cultivating the miracle that is compounding interest.

CPAs aren’t just for tax seasons anymore either. According to Denman, “It’s not always about lowering taxes. We help individuals and business owners by driving revenues and raising incomes as well.”

Through the careful specific planning that a certified public accountant such as Denman provides, earners gain access to their money without having to pay additional taxes or penalties.

To speak with Neil Denman, of Denman, Hamilton and Associates personally contact him at: (501) 312-9491.

The concept of capitol isn’t complicated. We need it to fund our lifestyles, businesses, and retirements. Finding ways to keep as much of our hard earned capitol, as possible, can be. To learn more about these uncommon strategies, contact David Lukas at: (800) 559-0933 or David@DLShowOnline.com or visit: DavidLukasFinancial.com

To Error Is Human—Right?

We, humans, are presented with multiple opportunities to make potentially damaging financial mistakes everyday.

When you’re young and in the first half of your financial life, such mistakes are typically not as painful to shrug off. But, as you power toward retirement, the second half of your financial life, such blunders become much more…costly.

Two of the most common mistakes savers make is paying taxes on the same dollar twice and loosing the miracle of compounded interest. Neither of which are necessary. Such life-experiences can be avoided by putting your money into a specifically structured IRA or LIRP. Thus eliminating the over-taxation of your hard earned retirement funds. Instead, you position yourself into a taxed advantage situation that eliminates lost opportunity cost.

Does all of this seem too hard to wrap your head around? Are you wondering why nobody has told you about a WorryFree Retirement? Are the financial mistakes you’re making today hindering the security of your financial future?

If you answered yes to one or even all of these questions call David Lukas ,  to make a risk-free appointment today. Office: (501) 218-8880, or Toll-free (800) 559-0933.

Meeting with David is free and holds no obligations to you. And because the more you make the more the government takes, there has never been a better time than now to take control of your financial future.

sav·er

ˈsāvər/

Noun

Plural noun: savers; suffix: -savers

1. To rescue or preserve from harm, danger, injury, etc.; make or keep safe

2. To prevent or guard against loss or waste

-Dictionary

What does it truly mean to be a saver? Well, as it turns out it all boils down to psychology. How we think about money isn’t just a learned trait—it’s engrained into our financial DNA. In this week’s installment of the DL Show, David Lukas explains how a saver’s genetic makeup differs from that of the other two types of financial personalities [investors, speculators].

 Your job is to confirm that what the financial world is in the business of peddling is in your best interest - that the products and strategies are in line with who you are and what best suits your financial personality.  The Tree Personalities of Money® provides you the confirmation you need to avoid the trappings of the one size-fits-all mentality that are bombarding your mind on a daily. Wall Street has no intentions of safeguarding your hard earned retirement funds, so that leaves it up to you. If you’re more concerned with protecting the return of your money than seeking higher rates of return on your investments the time toact is now.

Let David help you take the necessary steps needed for financial freedom. Protecting what you have has never been simpler.

By following the 5 Simple Steps to The WorryFree Retirement® you can be well on your way to  being Worry Free.

Call now and make a no strings attached appointment today. Find out how The WorryFree Retirement® process can help you worry less about money at the same time you  enjoy and use your money. Find out what it means to have guaranteed income that you can never outlive.

Office: (501) 218-8880

Toll-free: (800) 559-0933

Are you a saver? Find out by taking the test: 3Personalites.com

On Wall Street, it is believed that “he who makes the rules makes the money.”  That’s a great mantra, if you happen to be the one cashing in.

Unfortunately, as it turns out, most of us aren’t cashing in because we only know the rules, of this ever-changing game, as they’re explained to us. Wall Street knows and takes full advantage of this fact!

On this week’s episode of the DL Show, David revisits the idea, originally established by his partner Tony Walker, of helping savers worry less about money® during the second half of life.

Tony’s The WorryFree Retirement® speaks in depth about how his 20+ years of experience within the Wall Street Machine have changed his unique approach toward retirement planning for the better.  By both understanding and recognizing The Three Personalities Of Money®, Tony has helped thousands of people identify and utilize their financial DNA, and in return sleep better at night knowing, not just hoping, that their money is safe.  Tony’s practice in the financial trenches allows for him to know, not just speculate, how Americans should be planning for retirement.

If you haven’t taken the three personalities test, visit 3personalities.comand discover which of the three distinct personalities you are.

There will never be a better time than now to take the necessary steps in safeguarding your future by experiencing a The WorryFree Retirement®  for yourself.  Learn more about this safe, simple and unique process by going HERE

For more information on how best to take maximize your financial DNA, call David Lukas with Infinite Financial Services today at (501) 218-8880. Remember, there is never a cost or obligation to meet with David.

Also pick up a copy of The Three Personalities Of Money®, Book HERE

On this week’s episode, David talks about the many ways he and his recent partnership with Tony Walker can Help Savers Worry Less About Money®.  During last week’s episode, David spoke about his ninety-eight, soon to be ninety-nine, year old grandmother Edna and the fact that 30 years ago, after her husband Franks death, she started to and still to this day is receiving monthly income from his retirement plan. 

 Frank, who started working for a Continental Baking Co. in 1953, is still providing for his wife, after death, with guaranteed Mailbox Money® that will come to her monthly, for the rest of her life. 

 According to a recent study and survey, 61% of Americans are more fearful of outliving their money than they are about dying.  David validates this fear in his book Who’s Future are You Financing, by noting that the elderly now make up 2.7% of the U.S. population. The largest group, people between the ages of 90-94, has also grown the fastest, with an increase of 44.6% sine 1990.  This is a huge increase considering that the average life expectancy back in 1900 was around forty-seven years old. 

 So what’s a real solution for a real problem?  First, we need a re-education on annuities. This is easily accomplished by downloading the Annuities Decision Guide. By demystifying the idea that they’re too complicated to understand. The author, Tony Walker, explains how each of the four types of annuities can be advantageously applied to your retirement plan. 

To learn more about how the four types of annuities can benefit you and your retirement portfolio, call David Lukas, (501) 218-8861, at Infinite Financial Services. David has partnered with Tony and his WorryFree Retirement® network to help his clients implement the WorryFree Retirement® process. It’s unlike anything in the industry.

 What is your financial DNA? Are you a Saver, an Investor or a Speculator? Learn about the three personalities of money and take the test today at: 3Personalities.com 

What if you could invest in something that could guarantee income for life like Granddad had?  

David talks about the fact that till this day, his soon to be 99 year old grandmother, Edna Lukas still receives a check for the last 30 years from Granddad's (Frank Lukas) retirement, well after granddad  passed away.  Most people feel there's no hope of having a retirement like granddad. 

On this week’s installment of The David Lukas Show, David talks about how his recent Partnership with Tony Walker, author of Don’t Follow the Herd, The Worry Free Retirement and The Three Personalities of Money, will benefit “savers” with their retirement plans.

Walker created his uniqute process, The Worry Free Retirement, to alleviate the anxiety savers feel about outliving their money after retirement. And, because both David and Tony believe a retirement plan should be built upon an individual’s vision for their own future, they sincerely feel it should also fund your future—not Wall Street’s.

Now is the time to act! By not following the herd, savers like you can safeguard your precious funds from market corrections and provide themselves guranteed mailbox money for life. If you are in the 2nd half of life and are at or near retirement, can you afford another 2008 market correction? If you are a Saver there is nothing correct about "Correction". Remember, there's a big difference between your "I hope so money" and "I know so money".

Call to put The Worry Free Retirement Process to work for you. Call David Lukas, (501) 952-3090

You can pick up a copy of Don't Follow The Herd HERE (Go to "Extras" in from your David Lukas Show App)

Are you a Saver? Find out now by taking the test at 3Personalities.com 

Listen to David speak with Tony Walker, author of  Don’t Follow the Herd, The Worry Free Retirement  and The Three Personalities of Money, about how listeners, like you, can implement the successful Five Step Process within their own retirement plans.

Walker, creator of The Worry Free Retirement System, developed this unique process in the early 90’s for“savers”. Before all else, Walker takes how God has created you, specifically, into consideration by assessing how you’re wired for risk. And because the risk tolerance questionnaires many financial advisors are still using as starting points for portfolio planning are now obsolete, in today’s volatile market, consumers needed a product that would see them through the three halves of life.

By understanding what annuities are best suited for what customers (Those in the 2nd half of life) Walker was also able to create the Annuity Decision Guide.  Deciding what annuities to purchase can be a daunting task. With the Guide’s assistance, all guesswork is taken out of the equation. And unlike most financial advisors, Walker has great working knowledge of how properly used annuities can streamline the retirement planning process.

To learn more about how Fixed and Index Annuities can benefit you and your retirement portfolio, call David Lukas, (501) 218-8861, at Infinite Financial Services. David has partnered with Tony and his Worry Free Retirement network to help his clients implement the Worry Free Retirement process. It's unlike anything in the industry.

What is your financial DNA? Are you a Saver, an Investor or a Speculator? Learn about the three personalities of money  and take the test today at: 3Personalities.com 

Do You Know the Rules of the Game? Do the financial institutions teach you the rules? No!

If you were going to be sent to play in The Masters and you could choose one of two things, you could have the clubs of any player that's ever played a round of golf, or you could have their ability. Which would you choose? Of course! You would want their ability. What is it that financial institutions have to offer? Financial products (clubs) to sell. Do you need the clubs to play the game? Of course you do, but the greatest impact on your game comes from profecting your swing.  In short, it's more about a process than any product.

Listen to David talk about the three halves of life as well as The Three Personalities of Money.  Discover the role your financial DNA plays within the three “halves” of your life by visiting 3personalities.com.

Are you…
1. The Saver

2. The Investor

3. The Speculator

By identifying and utilizing your financial DNA, you’ll have the advantage needed to make educated plays during the three halves of your life. Because, unlike in sports, where there's always another game, in the 2nd half of life, often times,  there are no do-overs.  Which half of life are you in? The first Half, Half Time, or the 2nd Half?

For more information on how best to utilize your financial DNA, call David Lukas with Infinite Financial Services at (501) 218-8880. To take the three personalities test visit 3personalities.com.

Do you have a plan for your finances? Listen to David’s guest host JJ Childers, attorney, financial advisor and author, talk about specific ways to increase and protect your wealth.

Throughout the hour, Childers, who co-wrote Asset Protection 101 with Donald Trump, goes into detail about his 3-g approach (get it, grow it, guard it) to wealth in safeguarding assets while taking an informed approach to your financial education.

 Certain issues, such as heavy debt-to-income ratio and even bankruptcy, can be avoided by “planning your work…and working your plan.”  By using a mostly offensive strategy—with a little defense, you allow yourself the opportunity to implement Childers’ 3-g approach into your personal financial strategy.

 Take control of your finances by minimizing an unfavorable partnership agreement with Wall Street and Washington.

 It is perfectly possible to protect your money from taxes, lawsuits, and debt with the tools and vehicles at your disposal.  Don’t wait a moment longer to plan your financial future.  The government is prepared to get theirs so make sure you’re protecting yours. 

Infinite Financial Services specializes in specific uncommon strategies that can safeguard you from Washington’s insatiable apatite for your hard earned money.  For more information call David Lukas at (501) 218-8880.

JJ Can be recahed at: JJ@JJChilders.com 

In relation to your hard earned retirements funds, do you know the difference between I hope so money and I know so money? Unfortunately, Americans can’t predict how much our government sanctioned retirement plans will be worth in the future, within a capricious market and the inevitable rise of tax rates.

In this week’s installment of the David Lukas Show, David and his fellow associate, with Infinite Financial Services, John Little talk about how important it is for investors to be proactive when it comes to their freedom, their money, and their future.

As the market races towards an inevitable correction, we’re still taking investment advice from fee-driven Wall Street to stay the course.  Why do we do this?  By readily accepting the occasional highs along with certain lows our investments bring us, we, as investors, start to believe that our rewards will greatly out-weigh the risks we take with our money.

This mentality has both facilitated and supported the widely accepted practice of dollar cost averaging (DCA). Dollar cost averaging is meant to smooth out market highs and lows by implementing the process of buying at all times…no matter what the market’s doing. What they aren’t telling you is that DCA’s effectiveness is questionable and numerous studies have been done to de-bunk this widely touted investment strategy.

If you’re continuously finding the losses your portfolio takes to be more annoying than the satisfaction rewarded in gains, there are other options available. Infinite Financial Services specializes in the uncommon strategies that will put you ahead of the correction curve.  For more information call David Lukas at (501) 218-8880.

To view the links below, go to "Extras" from your David Lukas Show Smart Phone App. 

Further Research:
WikipediA: Dollar Cost Averaging
Journal of Financial and Quantitative Analysis: The Suboptimality Of Dollar Cost Averaging

Has The US Stock Market Been Rigged?

If what you thought was true turned out not to be…would you want to know about it?

Listen to David talk about the recent 60 Minute interview with Michael Lewis, the author of the book Flash Boys, and how Lewis blew the whistle on the lucrative business of high frequency trading.  Lewis explains how shaving milliseconds off of the time it takes to purchase through the stock exchange’s network is enabling large investment firms to legally front-run orders and make billions from buying desirable stocks ahead of investors.

Katsuyama, a New York trader with the Royal Bank of Canada, is the man who actually discovered the system was rigged. The BATS Exchange was actually founded by the same high-frequency traders that were able to see what Katsuyama wanted to buy—continuously racing to acquire said stocks first and then sell them back to him at a higher price.

The desperate lengths that Wall Street insiders will go to for gains are staggering and the millions of dollars that have been spent for the unfair advantage over investors is just a drop in the proverbial bucket compared to profits rewarded.

With all of this new information, doesn’t it seem strange that some Wall Street professionals are openly confessing such corruption? In Rich Smith’s May article, written for Daily Finance, he brings to light the recent survey, conducted  by the law firm Labton Sucharow, of 500 financial services professionals; Many of which openly admit to their own opportunities for or instances of unethical business transactions.

Still think Wall Street has your best interests at heart? If not, there are plenty of uncommon strategies that can be implemented to safeguard your hard earned investments—strategies that work.  For more information call David Lukas with Infinite Financial Services at (501) 218-8880.

To view the articles below, go to "Extras" from your David Lukas Show App

CBS News: 60 Minutes, Is The Stock Market Rigged?

CNBC: 2014 crash will be worse than 1987’s, Marc Faber

Listen to David speak with Neil Denman, CPA, and partner of Denman, Hamilton and Associates, talk about the alternatives we as taxpayers should consider to minimize taxation as much as possible.

Obama care, whether you’re for it…or against it, is now just as inevitable as tax day and the cost difference between a government approved plan or a non-compliant plan could be significant for you and your family.

According to the standards established by the ACA (Affordable Care Act) if you choose, or have already chosen, a noncompliant plan you are going to be subject to the fines the policy has set forth.  This is going to be done by an increasing scale over the next four years.  Once it’s fully phased in, it can amount to two and a half percent of your adjusted gross income.  So, if your total income for the year equals $200,000 your penalty would be approximately $5,000. For some families, the penalty paid could be less than the cost of so-called “affordable care”.

Throughout the program, Denman and David also clarify an available alternative to health insurance provided through specific Christian organizations that are in compliance with the ACA.  These programs base their coverage on family size and offer a set monthly payments.

Before you fully invest in the government’s controlled tax postponement programs (401Ks and IRAs) consider some uncommon strategies that provide you tax-advantaged access while maintaining use and control of your money. Listen to David and Neil talk about financial strategies that are unknown by many CPA's and Financial Advisors.

To learn more about these uncommon strategies, contact David Lukas at: (800) 559-0933 or David@DLShowOnline.com or visit: InfiniteFinancialServices.com

To speak with Neil Denman, of Denman, Hamilton and Associates personally contact him at: (501) 312-9491. Neil and his firm serve clients all over the United States.

With tax day right around the bend… are you prepared?

Listen to David speak with Daren Hamilton, a CPA and partner of Denman, Hamilton and Associates CPA, PLLC, speak candidly about the necessary balance between savings and spending, taxes, and the release of Hamilton’s first book The Balanced Approach.

Much of what we, as investors, have worked for is contingent on future stability.  And as we all know, there are only two things guaranteed in life: death and taxes. As life, investments, and business transactions become more complicated so do taxes.

Having a CPA (Certified Personal Accountant) review and process your tax returns can be beneficial in many different ways, especially if you are a small business owner or affiliated with non-profit organizations.  And, according to Hamilton, 1/4^th to 1/3^rd of taxpayers are paying unnecessary taxes.

Also, with the implementation of Obama’s Affordable Care Act taxes will be changing in 2014, making filing more complex than it already is; all persons earning over $250,000 will be taxed, to subsidize the program. Your investments are the target, and additional taxes will be placed on all passive investments.

Contrary to what many may be thinking, it’s perfectly legal and possible, through the services of a CPA, to shield certain taxes from increasing.  Personal deductions, payroll services, and back-taxes or non-filed taxes are just a few of the specialized services offered through Denman, Hamilton and Associates.  All transactions are handled with care thoroughly and confidentially.  Denman, Hamilton and Associates serve their clients all over the U.S. They can be reached at: 501-312-9491

Hamilton’s book The Balanced Approach will be available mid April through amazon, and here on DLShowOnline.com 

**Remember, to access any of the links discussed during this boradcast, you can go to "Extras" from your David Lukas Show Smart Phone****

What are the nine most terrifying words in the English Language? I’m from the government and I’m here to help.”

-Ronald Reagan

During the recent State Of The Union Address, President Obama declared that he would secure a dignified retirement for all Americans with his new "myRA" retirement account. This account will be created by executive action. (read except from the White House website below).

From WhiteHouse.Gov:               Year of Action: Making Progress Through Executive Action  To build lasting economic security, the President will act on a set of specific, concrete proposals to expand opportunity for all Americans. In the State of the Union, the President announced that he will use his executive authority to direct the Department of the Treasury to create “myRA” a new simple, safe and affordable “starter” retirement savings account that will be offered through employers and will ultimately help millions of Americans begin to save for retirement.  

The Treasury Department’s myRA (my Retirement Account), a new offering from Obama, is being proposed to Americans as a “new simple, safe and affordable ‘starter’ retirement savings account, provided through employers and will ultimately help millions of Americans to begin to save for retirement,” according to the press release posted on whitehouse.gov. , January 29, 2014. 

Listen to David talk in detail about how the government wants to "help" millions of middle class Americans, with incomes earning up to $191,000 a year, through participating employers, starting in 2014.

Sound too good to be true? Is the government run myRA a great way for low-to-middle income Americans save for retirement, or is it just another way for Washington to get their increasingly desperate hands on you hard earned money—you decide.

Related Articles: 

Wall Street Journal: Now He's After Your 401(k)

American Thinker: The Fed Wants Your Retirement Account

Washington Times:  Is Your 401k About To Be Nationalized? 

Ron Paul talks about 401k Confiscation: http://youtu.be/jJq0G4yr_K4

**Rembmer, you can access any link from your David Lukas Show Smart Phone app by going to "Extras".****

¹risk noun \ˈrisk\

: the possibility that something bad or unpleasant (such as an injury or a loss) will happen

: someone or something that may cause something bad or unpleasant to happen

 Synonyms for risk: endanger, imperil, jeopardize, hazard, gamble, gamble with, chance, put on the line, put in jeopardy. : a situation involving exposure to danger.

"An investment operation is one, which upon thorough analysis, promises safety of principal and an adequate return.
Operations not meeting these requirements are speculative."

~Benjamin Graham, The Intelligent Investor

(Considered one of the best investment books of all time)

How much of your hard earned retirement funds are you willing to gamble in the Wall Street Casino? Listen to David interview Barry Dyke, the author of both The Pirates of Manhattan and The Pirates of Manhattan II, Highway To Serfdom.

Throughout the conversation Dyke presents and supports the idea that “The only people really benefiting from the Mutual Fund game are essentially the insiders and asset managers,” and, that we have a “tainted press that will not report this truth.” Because advertising supports more than 80% of the major media companies, in America, and news company market values are down, major Wall Street advertisers are the ones paying the large amounts of money to keep most major media outlets going.

The fact that the Fed Reserve, which has more economists and PhDs than anywhere else, has 75% of their 401k assets in interest income accounts (backed by life insurance companies) is very telling.  The too big to fail banks who own these major Wall Street firms also do not speculate with their money. They do however invest billions and billions into guaranteed insurance products.  These are the very people who want Wall Street investors to believe that corruption on Wall Street is the exception and not the rule. In Barry's book, he proves that the facts say otherwise. Barry systematically documents how the  “Asset Management Industrial Complex” have successfully dumped risk on us, the little guys, while they do not speculate with their money.

Because we live in a great country, we have the freedom to invest or not to invest however we choose.  So, before we heavily invest in speculative products that offer no guarantees, we as educated investors deserve to be informed that this industry does not "eat their own cooking". 

By listening to Barry Dyke and taking David Lukas’s advice you can invest your money into guaranteed products that will insulate you and your loved ones from the harsh realities of the overly optimistic gambling nature of Wall Street.

If you would like to put a strategy in place that provides you tax-free income and guaranteed income for life, call David and his firm, IFS at: 800-559-0933, 

To learn more about Barry Dyke and The Pirates of Manhattan click here.

Also listen to David talk to Barry about his first book, The Pirates of Manhattan by clicking here

Listen to David chat with the author of “The Power of Zero”, David McKnight, about how Americans have been “weaned on the idea that taxes will be lower during retirement than they were when we were working,” and how the promises that the Federal Government has made for Medicare and Social Security will most certainly drive the U.S. to raise taxes drastically.

According to McKnight, one thing’s for certain: taxes must and will go up.  It’s a mathematical fact that tax rates will have to double in order to keep our nation’s debt out of default before the 2023 projected deadline.  This is the dirty little secret the government refuses to talk about and we, as investors, have been asleep at the roulette wheel for too long. America needs to wake up before it’s too late.

It’s time for everyday investors to start thinking and investing in the uncommon strategies Fortune 500 executives have been implementing, for their own finances, for years. According to McKnight, “there is a perfect amount of money to have in each of the three basic types of investment accounts; and when the correct amount of money is in each of these three buckets—that’s when the magic happens…bringing you into the 0% tax bracket.”

During the interview, McKnight also mentions several types of non-traditional IRAs that are available to those who qualify, along with the explanation and suggestion of an LIRP (Life Insurance Retirement Plan). Because the IRS keeps close tabs on all of our investments, except for LIRPs, we, as investors, must do the best we can to move our taxable assets into tax-free positions.

Also listen in to learn how to reposition your assets so your social security is exempt from taxation.

“The Power of Zero” can be bought through Amazon by clicking here.

Click on the Recommended Books tab to see more of David Lukas’s suggested works for reading.

David specalzies in helpnig clients across the United States get into the Zero Percent tax bracket in retirement. David's firm can be reached at: 800-559-0933

Tune in next week to hear David interview Barry Dyke, author of Pirates of Manhattan.

**Note*** You may need to go directly to: DLSHowOnline.com to view some of the sharts and videos mentioned on this boradcast. Simply seach for the title of this broadcast. 

Are the fundamentals sound? Or is Wall Street high on Easy Money? This week David talks about the recent chart that has been making the rounds on Wall Street. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929. (See chart to under Extras from your smart phone app).

David talks about Hulbert’s article, Scary 1929 Market Chart Gains Traction Hulbert, of Marketwatch.com, discusses the chart that has been circulating and gaining traction with market speculators

David Plays a clip (see video below) where the commentator refers to Janet Yellen as a "Heroin dealer", not in the literal sense, but as heroin referring to the billions of dollars in money printed out of thin air . One may scoff at this comparison, but in reality, it makes a lot of sense. The market is addicted the fed's printing (heroin). If the addict (Wall Street) stops getting it's heroin (endless billions printed from nothing) then we will see a major decline in the stock market. The Fed is on the record of stating that when economic conditions warrant they will wind down Quantitative Easing (printing trillions of dollars with nothing of value behind them). This is like a heroin addiction, saying I'll stop shooting up heroin as long as I stay high. The problem is, the drug is what is keeping the addict high. It is a certainty, that the addict will need more and more of the drug (easy money) to stay high. The problem is, the drug, is not addressing the addict's REAL issues and continued use of the drug will not fix the addict's problems. There is NO good outcome. What the addict needs, is to face the facts and deal with the root cause their problem.

As the Fed keeps printing money, the market is being continuously inflated by the continuation of the Fed's love affair with the printing presses. See the chart below directly from The Federal Reserve. The blue line represents the volume of asset purchases (money printing) by The Fed. The red line is the S & P 500 performance.

Also See: Billionaires Dumping Stocks, Economist Know Why

Additional Resource: Read David's book, Whose Future Are You Financing?

David and his team help their valued client all over the united states. David and his firm Infinite Financial Services can be reached by calling: 800-559-0933

Next Week: The David talks with David McKnight, author of The Amazon #1 best-selling book: The Power of Zero. How To Get To The Zero Percent Tax-Bracket and Transform Your Retirement.

Listen to David interview Bryan Bloom, author of “The Truth About Life Insurance” book two in his “Confessions of a CPA” series. Bloom’s second installment, of the Confessions series, was written to “dispel some of those issues and teach people, the American public, how to use their life insurance before they die.”

Throughout the program Bloom explains how life insurance policyholders can use their own money to “leverage everything else that they’re doing,” by understanding some important principles and their personal Economic Human Value. EHV equals how much money it would take to replace yourself as a “financial engine” in your family. And if removed, “what lump sum of money would be necessary to sustain your family with 50 thousand a year—for life. By using some “uncommon strategies” we, the policyholders, can obtain our value before we need it, instead of needing it and not being able to have it. Bloom encourages his fellow Americans to start looking at life through the insurance perspective: better to have it and not need it, than need it and not have it.

By implementing the principles discussed, both, with David and inside Bloom’s book, you will gain the power of financial leverage.

Click here to purchase a copy of “The Truth About Life Insurance”, one of Bloom’s two books, David has chosen for suggested reading.

To listen to past interviews with Bryan Bloom click here.

Be sure to tune in next Saturday @ 12:00 pm week. David will be interviewing David McKnight the author of “The Power of Zero”.

Tune in to hear David interview Rick Bueter, author of The Great Wall Streeet Retirement Scam.

This book provides insights about money, greed and the American retirement system. Once you understand the critical questions Rick brings up in his book, you will begin to understand how Wall Street is scamming American Retirement savers.

To understand what is happening, you first need to understand the history of the retirement system in the United States.

Tune in to hear David and Rick talk about:

The event in 1974 that changed everything

The birth of IRA's and 401k's.

Listen in as David rick talk about the indisputable connection between Wall Street lobbyist, politicians and their powerful influence on purposely limiting your options typically offering you NO guarantees that you won't lose your money.

Learn about the connection between the ERISA and the longest running bull market (1980-2000).

Learn why the American worker has become the victim of even MORE Government control. The Financial services committee are reviewing all kinds of ideas to figure out how to restrict and control the American worker’s retirement savings even more than it is today. All of this lawmaking is being done under the guise of “protecting" the American investor.

David and Rick discuss the fact that Congress has protected the business of Wall Street by restricting the American worker’s ability to protect their life savings.

Tune in, listen and learn!

To view the link to purchase Rick's Book, click on "Extras" on your Iphone or Android App.

*** REMEMBER, any links from this episode can be accessed by ging to "EXTRAS" from within your David Lukas Show App******

This week, David interviews Dr. Robert P. Murphy who is one of the leading free market economists in the U.S. today. He is the author of multiple books, including How Privatized Banking Really Works, The Politically Incorrect Guide to the Great Depression and the New Deal, and The Politically Incorrect Guide to Capitalism.

Dr. Murphy’s writings have been featured in Barrons, Forbes, and Investors Business Daily and he has been a guest on Fox Business’s Stossel and multiple other national TV outlets. His research in the energy sector led him to testify in front of congress on oil prices in 2008.

Dr. Murphy attended undergraduate school at Hillsdale College and received his Ph.D. in economics from New York University. He is currently a adjunct professor at the Ludwig Von Mises Institute, Senior Economist for the Institute for Energy Research, and founder of ConusltingByRPM.com.

Specifically in this interview, David and Dr. Murphy discuss his book, How Privatized Banking Really Works. Learn how our current monetary and banking system is inherently flawed and what the true causes of our economic woes are.

When more of the public understands our banking and economic system, then and only then can true change occur. The good news is that Dr. Murphy’s book provides the solution today for  what the average person can do today to stop contributing to the inflation of our currency supply and the booms and busts that are the norm in our debt-based monetary system.

If you are serious about your financial future, then you will want to understand our banking system. This book is a must read. You may also want to check out Becoming Your Own Banker by Austrian Economist, Nelson Nash. Another resource you can check out is the Banking with Life Documentary. Dr. Bob Murphy contributed extensively to this documentary. (see video clip below) This documentary can be purchased at a substantial discount HERE

Download How Privatized Banking Really Works in PDF version NOW for free! Simply fill out the form  by going HERE to receive a link to download the PDF version for free. If you prefer a paper version of How Privatized Banking Really Works, for a limited time input “PrivatizedBanking”  into the Coupon CODE below and you will get this book for just $10.00 with Shipping Included! (Limited Time)

**To access all of the show's links from your David Lukas Show App, simply go to "Extras"*******

If you are a regular listener of The David Lukas show, then you are no stranger to the concept Mortgage Planning. David has done multiple shows on the topic of 
Mortgage Planning over the years.

Here are a few of those shows: 

Pay Off Your Mortgage The Right Way,  

Mortgage Planning, What Is It? , 

Mortgages, The Right Choice 

An entire chapter in David's book is dedicated to the topic.

This week, David is joined by Lee Welfel, Author of the best selling book: The Mortgage Book David is a long time friend of Lee and had the honor of writing the foreword to this book. Lee has pioneered the 6-Step Mortgage Planning Process to serve as a guide to those looking to take out a mortgage.

Tune in to hear David and Lee Discuss: 

The Fatal Flaw

The Importance of working with a local lender

The Six-Step Mortgage Planning Process

And much more........

If you would like to contact Lee Welfel, he can be reached by calling: 501-519-7744 or to learn more visit: LeeWelfel.com 

You can order a copy of Lee's book now by going to the Online Store. For a limited time,  Use the coupon code: "mortgagebook10" to get your copy for just $10.00!

Tune in, Listen and Learn.......

This week, David is joined by David Muhlhausen P.h.D, from The Heritage Foundation. Listen in as David discusses with Dr. Muhlhausen the 2013 Index On Dependence 
of Government. 

**Please remember, any links can be accessed from Your David Lukas Show Smart Phone App by going to "Extras"

The Washington Post, The Washington Times and Forbes magazine are among publications that have cited Muhlhausen’s research. He has been interviewed on national television newscasts, including PBS’ “Newshour with Jim Lehrer,” MSNBC’s “Hardball with Chris Matthews,” CNN’s “Lou Dobbs Moneyline” and Fox News Channel’s “O’Reilly Factor” and “Special Report.”Muhlhausen joined Heritage in 1999.

Unfortunately, the united states has continued it's massive increase in the portion of the population that depends on the government to provide for them. What was once the domain of family, friends and private charities has been crowded out by an ever expanding federal government whose devotes  70% of its entire budget to dependency creating programs.

America is increasingly moving away from a nation of self-reliant individuals, where civil society flourishes, toward a nation of individuals less inclined to practicing self-reliance and personal responsibility. Publicly held debt has continued its amazing ascent without any plan by the government to pay it back. According the the 2013 Index, nearly 70% of the federal budget is dedicated to dependency creating programs. One of the worrying trends in the Index is the coinciding growth in the non-tax paying public. The percentage of the population who do not pay federal income taxes and who are not claimed as a dependent by someone who does pay them, jumped from 15% in 1984 to 44.7% in 2011. This means that in 1984 35.5 million people paid NO taxes; in 2011, 139.3 million contributed nothing.

As if those circumstances were not dire enough, the country is about to witness the largest generational retirement in world history by a population that will depend on currently insolvent pension and health programs.

These are serious issues that we must consider when deciding where to warehouse and grow our wealth. In light of the realities of an ever increasing percentage of the population that does not pay taxes, where does this leave those who do pay taxes? Will they go up in the future? Many are surprised to find federal taxes are very low in consideration to where they have been since the inception of the income tax in 1913.

David and his firm specialize in strategies that minimize future taxation for those of us who actually pay federal taxes. Now more than ever it's critical to employ uncommon strategies in these extraordinary times we are living in. David can be reached by calling:  800-559-0933 or you can email him at: David@InfiniteFinancialServices.com

Additional Resources to learn more:

David's Book: Whose Future Are You Financing?

SEE: Look What The Wealthy Are Doing

SEE: Look What The Banks Are Doing

This was David's first week to broadcast at his new time on his local affiliate station KARN 102.9FM . The new time every week is 12pm CT. For those of you who listen online or from your David Lukas Show Smart Phone App, this change really doesn't affect you unless you listen live online.

Tune into to hear David talk about his experience of literally "throwing money out the window".  Yes you read that right!

David revisits many topics for those who are tuning in for the first time. If you are a regular listener, you will still enjoy learning and being entertained all in the same hour. What more could one ask for?

David can be reached at: David@DLShowOnline.com or 800-559-0933

**NOTE**Any links can be accessed and viewed from your David Lukas Show App by going to "Extras"

Next Week, on Saturday the 18th at 12pm, David interviews David B. Muhlhausen, Ph.D. from The Heritage Foundation regarding The 2013 Index of Dependence on Government 

Listen To Recent Shows and watch the accompanying videos:

Fees, Fees, Fees

Look What The Banks Are Doing

Look What The Wealth Are Doing

Think And Operate Like A Bank

**Please note, when David talks about Qualified Plans on this broadcast, he mentions in qualified plans an individual has to wait till age 65 and 1/2  to access their money penalty free. The actual age is 59 and 1/2.

This week, David dives into the topic of Qualified Plans. Yes, Americans en mass blindly participate in 401k's without  having any idea of how they work.

At the very least if you are putting the bulk of your retirement savings into a 401k or other qualified plan, you owe it to yourself to understand the implications of future taxation as well as the hidden fees and the eroding effects they have on your retirement account. This week David hones in on Fees. Next, week, taxation.

Listen in on today's show and then watch the video below. If your web browser is not displaying the video below. Click HERE to watch the video.

We will post a second video further analyzing America's most popular retirement vehicle by early next week. Check back! Until then, Enjoy!