How to Protect Your Family Financially and Sleep Better Knowing that You Have Taken Steps to Provide Them with a Six-Figure Retirement Income – In Just 7 Minutes with Horace Bone
Marketing The Invisible - A podcast by Tom Poland
Find out how the amount you invest in is more important than the return on your investment Learn why you should be contributing at least 30% of your income to your retirement plan Understand why properly investing in your retirement plans will help you save your money, avoid unwanted stress, and get a good night’s sleep Resources/Links: Wanting to Know How You Can Financially Protect Your Family by Providing Them with a Six-Figure Retirement Income? Learn how you can get a successful retirement without the stress: chatwithhorace.com Summary Are you often feeling stressed out when it comes to thinking of your retirement? Have you been finding ways on how you can invest in a retirement plan but feel like it’s a risk to take? Do you want to know more about how you can properly invest your money in the right retirement plan and guarantee financial protection for you and your family? Horace Bone is a US-based financial consultant with over 35 years of experience serving business owners and high-income professionals seeking six-figure retirement income. In this episode, Horace talks about the why’s, the when’s and the how’s of investing in a retirement plan. He also shares his insights regarding government-sponsored retirement plans and how you can maximize your income by turning it into your retirement income! Check out these episode highlights: 01:09 - Horace’s ideal client: “My ideal client is a 35-to-55-year-old, male or female, who is a high-income earner. We consider that somebody that makes $100,000 or more.” 01:53 - Problem Horace helps solve: “I find that our clients are unable or unwilling to contribute 30% to 33% of their income to a retirement plan. And they risk an uncomfortable retirement if they don't do that.” 03:29 - Typical symptoms that clients do before reaching out to Horace: “I found out they don't sleep well at night. There's always this little demon on their shoulder that keeps whispering in their ear, "Are you ready for retirement?" And most people- you can't get it out of your mind up until retirement.” 04:14 - Common mistakes that people make before they find Horace’s solution: “They put money into a government-sponsored IRA, 401k, or a 403b plan without a company match. If you don't have a company match, you should never put a penny into a government plan.” 05:20 - Horace’s Valuable Free Action (VFA): “If you have contributed to a tax-deferred plan, roll it into a Roth, or 401k Roth, if that's an option, pay the taxes now, then you will reap the return later.” 06:07 - Horace’s Valuable Free Resource (VFR): Check out Horace’s Interactive Website: chatwithhorace.com 06:47 - Q: Why am I still working at age 81? A: I have found that solving problems for people is what gives me retirement. Tweetable Takeaways from this Episode: “The amount people invest is more important than the return on their investment.” -Horace BoneClick To Tweet Transcript (Note, this was transcribed using a transcription software and may not reflect the exact words used in the podcast) Tom Poland 00:10 Welcome, everyone, to another edition of Marketing the Invisible. My name is Tom Poland beaming out to you from little Castaways Beach here in Queensland, Australia, joined today by Horace Bone. Horace, good day from down under. A very warm welcome, sir! Whereabouts are you based? Horace Bone 00:25 I'm on the East Coast,