Don't you love a farce,
My fault I fear,
I thought that you'd want what I want
Sorry my dear!
But where are the clowns?
There ought to be clowns.
Quick send in the clowns.

— Stephen Sondheim

In regards to the financial industry, there are a lot of clowns out there performing and vying for your attention. They make noise and throw shocking statements in their audience's’ faces in hopes of gaining more accounts and more money. And, although these clowns seem to have your financial best interest in mind, for the most part, they just want your money.

This week David talks about the real advice you need concerning your retirement. Throughout the hour, he first mentions some clownish advice by numbers:

1. It’s easy to earn 12% in good growth mutual funds
2. —Max-out your 401k orIRA, tax-postponement plans will always save you taxes
3. No one needs life insurance In retirement, so buy term and invest the difference
4. Reinvesting the dividends on your investments always makes sense

...and then lists what your REAL options are when you ask, “what are my options when it comes to my 401k plan. David’s suggestions are:

1. Coordinate it with your other benefits - to minimize unnecessary taxation
2. Stretch it - to try to minimize the taxes and extend said IRA for generations to come.
3. Defer it -put off the inevitable
4. Convert it - into a Roth IRA
5. Insure it - essentially making the IRA tax free by directly dealing with the infamous tax tumor
6. Gift it
7. Spend it

And how can you accomplish these things? Call David today!

Listener’s question addressed in today’s show:

Andrew in Little Rock asks...

Can you roll a 401k over into an annuity while you’re still working?

David’s answer: If you are over the age of 59 ½ and still working, in many cases you can rollover that 401k. But keep in mind, it takes a retirement specialist ensure that this process is done correctly.

To hear what advice David has to give about developing a strategic retirement game plan, listen to the entire episode today.

Biblical theme of today’s show: faith in relation to worry
Bible verse(s) featured in today’s show:

Hebrews 11:1 Now faith is confidence in what we hope for and assurance about what we do not see.

Interested in learning more about how David Lukas Financial can benefit you and your retirement portfolio? Call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry.

This week on the DL Show, David talks about the financial social discourse when it comes to your retirement.

What’s the argument? Wall St. vs. Main Street. Why the disagreement? The dissension exists because, in all truth, Wall Street offers no guarantees on the return of the money investors put in. In fact, the Main Street mentality differs so greatly from Wall Street’s that Savers need to know the truth and security behind The WorryFree Retirement.®

Topics discussed in this week’s’ show:

• Don’t focus on a product, focus on the process
• Knowing the truth about Wall Street and annuities.
• Insurance provides protection.

Listener’s Question addressed this week:

My father recently passed away and my mother inherited an annuity and it’s still paying 3%. What kind of annuity would still do that?

To listen to the professional information and advice that David has to give on owning and shopping annuities listen to the entire episode NOW.

Truth: Just 2% in fees, over a lifetime, will slash your retirement account by 65%. Want to know how much you are paying in fees? Know what you’re paying. Download your FREE Fee Disclosure Kit by visiting
davidlukasfinancial.com and give it to your FA today.

Scripture Discussed in today’s show: Romans 15:18-20

The infinite wisdom of the apostle Paul…

18 I will not venture to speak of anything except what Christ has accomplished through me in leading the Gentiles to obey God by what I have said and done— 19 by the power of signs and wonders, through the power of the Spirit of God. So from Jerusalem all the way around to Illyricum, I have fully proclaimed the gospel of Christ. 20 It has always been my ambition to preach the gospel where Christ was not known, so that I would not be building on someone else’s foundation.

Article Discussed in this week’s show: 8 Tips for Surviving the Stock Market's Record Drop by Lou Carlozo.

Book discussed in this week’s show: The Creature From Jekyll Island by G. Edward Griffin. Think the creation of money is a boring subject? Think again! Just how much do you know about that Federal Reserve Note that’s in your wallet?

Want to know more about how David Lukas Financial can help you put a safe and secure game plan together that you can count on? —call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. Remember, there’s never a fee or obligation to meet with David.

"Our personalities are made up of physical, mental, emotional, and spiritual components. They're molded and colored and given intricacies by our upbringing, our experiences, our fears, our passions, and our observations of the world. What I am calling your “Financial Personality” is just one aspect of who you are."

– Tony Walker, author & creator of  The 3 Personalities of Money®

On this installment of the David Lukas Show, David first addresses the three types of financial personalities and how important it is to know what yours is and why. David also explains how your personality influences how you feel and deal with your money.

So what, specifically, are The 3 Personalities Of Money® you ask?

• Speculator- A speculator is a trader who approaches the financial markets intending to make a money by buying low and selling high (or higher), not necessarily in that order. The speculator is distinguished from the investor, who approaches the financial markets with the intention of making a return on his capital.
• Investor- An investor allocates capital expecting a positive future financial return. Investors approach the financial markets with the expectations of making a return on his capital.
• Saver- a person who regularly saves money through a recognized scheme. They’re interested in an object, action, or process that prevents their financial resources from being used up or expended.

Do you know what your financial personality is? If you’re a saver, you’ve got to understand your personality before you can appropriately make decisions concerning your retirement. Not sure where you stand? Take the test NOW.

Biblical theme of today’s show: With faith in God, the future is bright.

Ecclesiastes (NIV) 8:7, Since no one knows the future, who can tell someone else what is to come?

Luke (NIV) 17:24, For the Son of Man in his day will be like the lightning, which flashes and lights up the sky from one end to the other.

Did you know that the Official David Lukas Show Android App, Iphone App and Windows App are available and FREE!!! You can listen to the archived shows on demand, take advantage of valuable information and bonus content.

Want to know more about how David Lukas Financial can help you put a safe and secure game plan together that you can count on? —call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. Remember, there’s never a fee or obligation to meet with David.

When The Market is dipping and diving week on end, it’s hard to just sit back and “hang in there.” Especially when we’ve all been pigeonholed into being an investor or a speculator.

Unfortunately for Wall Street, we’re not all Investors and Speculators. In fact, many of us are Savers looking to safeguard our retirement funds—not gamble them away or put them into something that is unpredictable or uncertain.

This week on the DL Show, David talks about how annuities should work for and benefit Savers. Also, David discusses the steps that Savers can take to buy annuities safely.

Key Items discussed:

• Beware the unscrupulous salesman
• The security Fixed Indexed Annuities provides

Scripture of the Day: Bible Verse(s) discussed (NIV): Proverbs 8-11

What the bible has to say about wisdom: Instruction is key in gaining knowledge and later attaining wisdom.

Are you struggling just to understand things? Are you confused and acting on impulse when people are trying to sell you things? If you find yourself stuck in these situations or decisions, look to God.

Do you have a specific financial question that needs answering. Call or write in to David Lukas Financial, and possibly get your question answered on the air!

If you’re a saver that’s interested in finding out more about the WorryFree Retirement® Process, you’ll want to listen to the entire episode. Also, be sure to tune in Saturday at 2:00pm for the next installment of the Annuities ED Series. It’s definitely something you won’t want to miss.

With so many “professional” opinions out there, concerning finance, sometimes it’s hard to differentiate between valuable information and propaganda.

And before HUGE decisions are made there are many important factors to consider—whether you’re planning on taking a lump sum payout, a monthly income, or a roll-over in relation to your pension. This week, on the DL Show, our host David explains what future retirees need to know about their pensions, if they have one, before retiring. Topics discussed in today’s show:

• Defined Benefit Plan. This plan,otherwise known as the pension, is guaranteed by the employer for the policyholder to receive a definite amount of money at retirement. Guaranteed.
• Defined Contribution Plan. This plan, otherwise known as the 401k, is a money match or percentage contribution to a profit sharing pool where you, the employee, takes all the risk. The final amount of money received depends on how the investment performs in the stock market. Unguaranteed.
• The Tax Tumor. The tax tumor is what’s owed in the future when cashing in on your 401k. (Insider info: nobody knows what the tax percentage will be in the future. But one thing’s for sure. It will be higher.)

David also addresses a listener's question:

I put 10% into my 401k plan. The company matches 6% and I was wondering...Is it advisable to keep putting that much in my 401k plan or should I think about something else with my money?

To hear the insight David has to give, listen to the entire show today! Do you have pension, 401k, or retirement questions? If so, call or write in to David Lukas Financial, and possibly get your question(s) answered on the air!

Bible related theme discussed today: Contentment — to be satisfied. How do we remain satisfied and content in life? By remembering that God gives us the good and the bad. Without the bad, we can never fully appreciate the good.

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry. David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.

The 3 Personalities of Money®: Do you know 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: DavidLukasFinancial.com

Free Annuity Decision Guide: STILL NOT SURE WHAT ANNUITIES ARE BEST FOR YOU? Get the Annuity Decision Guide for Savers today by clicking here!