All Episodes
Previous Next
Nov. 24, 2023 - Stew Peters Show
36:02
Scriptures And Wallstreet: Save Your Retirement With The America First Retirement Plan
| Copy link to current segment

Time Text
Thank you.
Thank you.
What is crazy is that we literally give our money to the banks.
The banks have in their contracts on private agreements that they control your money.
Like, you literally don't even own your money anymore because they control how much you can take out.
And now if they're a FedNow-affiliated bank, you can just go to FedNow.org and see if your bank is on there.
They're going to cooperate with the government.
They're gonna say, you know what?
I don't think you should buy guns.
I don't think you should buy ammo.
I don't think you should buy survival food.
I don't think you should do this.
Hence, the social credit score.
Hence, your retirement decisions.
I may be called a slippery slope, or I may be called a conspiracy theorist.
I don't give a flip what you call me.
The fact of the matter is, they should not be in your retirement.
Period.
These are your hard-earned dollars.
You have to protect yourselves.
I don't trust the IRAs.
I don't trust this future legislation.
I don't trust this ESG market.
I don't trust where the heads of Congress and Pocahontas has a hard-on for your IRAs.
The Democrats have...
I mean, if you just listen to the way they talk, it's like all of them say, we're going to attack the rich.
We're going to tax the rich.
They are so obsessed with hardworking Americans that have a few bucks in their pocket to take it from you.
They love socialism.
They love the victim card.
They never want to take responsibility.
That's why they're always crying.
That's why they're always in pain.
They're very depressive.
They fall into these.
They paint their hair purple and yellow and all these crazy colors.
And they try to affiliate with other miserable people.
And they live miserable lives.
This woke left agenda is affecting all of America.
There literally is two different economies right now.
The woke agenda and the God country family, America first economy.
You get to decide which one you want to play with and support.
We got to wake up, guys.
We got to wake up.
And I'm doing this podcast because I have a solution.
I have a solution to this madness.
It's called America First Retirement Plan.
This is what I created today.
Almost three years ago when I first met Stu.
When I sat down with Stu and I helped him get funding for his show so that he is who he is today and look at us now, we have a whole network.
I was his first sponsor.
I literally gave him the marketing dollars to survive so that he can go full-time.
Like, that's what I did.
And because of that, we create this brotherhood, this great friendship.
But in all that, I also was able to come up with a solution.
You see, most people want to do Roth IRA conversions.
Roth IRA conversions are great if you are planning to pay taxes.
You are planning to pay taxes and you want to do that right this second.
The problem, do you know exactly when you pay your taxes, you are taking money from your own principal?
And more importantly, when are you going to do this Roth conversion?
You see, Wall Street says, oh yeah!
The accountants say, oh yeah, let's do the Roth IRA conversion.
You won't pay taxes on the future taxation of your money.
Do you believe that?
Raise your hand if you actually believe that the government will never tax you on your Roth IRA. I think it's a joke, right?
So you have accountants, you have people, even financial experts that are sleeping at the wheel.
Vaccinated financial experts.
They say, oh yeah, the government will never be able to tax you.
It's safe.
But guys, they keep on printing and printing and printing money.
And look what happened with the tax-free bonds.
Tax-free bonds are what?
Tax-free, right?
Or are they?
They are tax-free, federally and state.
But not when it comes to your social security.
When you are on Social Security and you have tax-free bonds, it counts towards your earnings test.
I just gave you the $59,520, that FRA. So if you got $30,000 in tax-free bonds interest coming in, it counts towards that $59,000.
And then you take another $30,000 out of your IRA, you just hit your penalty, baby.
Because you bought tax-free bonds.
Same thing at pre-FRA, where your earnings cap is $22,320.
The government will allow you to slide by $22,320.
Any amount over that, you are going to be taxed.
So IRAs or ordinary income, you have to get that down.
The other thing with IRAs is that there's sequence of returns.
The stock market has yielded since the Great Depression 10.12, the S&P 500.
That sounds like a great story, but you have to count for the sequential return of that.
But what happened to the people that retired in 2008?
What happened to the people that retired in 2001?
What happened to the 65-year-olds that retired in December of 2018 when there was a war of tariffs?
What happened to the people that retired during COVID and the market was down another 38, 42%?
You see, it's a sequence of returns.
It doesn't matter if you make 10, 10, 10 and lose 40% the following year.
You literally have to make over 80% just to break even.
Sequence of returns is a huge thing.
And like I said, you combine that with not owning your IRA, also what the government has done, and Trump, this is one thing I don't like what Trump did, Maybe he had a gun to his head.
I don't know.
I'm not that high up.
Maybe one day I'll find out.
But there's something called the Secure Act 1.0 and 2.0.
The Secure Act 2.0, the 1.0, basically changed the RMD amounts from 70 and a half to 72.
And then it went from 72, and then Secure Act 2.0 came out, and it went from 72 to 72.
They're now 73.
You have to take your money out by 73 years old.
We get the call all the time.
Hey, Carlos, I've got to take my RMD out.
And they're like 70 years old.
I'm like, no, you don't.
You have to wait until you're 73.
And what they've done is they kicked the can down the road.
There's something called a payout factor.
This payout factor, back in the day, well...
Before Secure Act 1.0, it was around 3.61% you had to take out of your IRAs or 401ks.
Now, at 73, it's starting at 3.9, and it's touching 4%.
So you've got to take close to 4% out of your IRAs every single year at 73.
What did that just do to your taxes?
It just shot it up.
At unknown rates...
So we have Social Security telling us how much we can make, and we get penalized for making more.
And then we have the IRA telling us, oh, by the way, you got to take the money out at 73.
So you'll be over your full retirement age, so there's no penalty.
But what there is that you don't know is that there is a taxation issue.
On a lifetime taxation on Social Security.
And what that basically means is if you make $44,000 a year and you're married, 85% of your Social Security will be taxed.
If you're single, it will be $34,000.
So if you make over $34,000 while you're on Social Security, no matter what age you are, 85% of your Social Security will be taxed.
They got to pay for Social Security.
It's a welfare program somehow.
But many Americans don't know this and they keep on building and building and building into 401ks and IRAs.
And all you're doing is building a massive tax bomb.
Now for those of you that have come to us and that you do have an IRA and you don't have half a million bucks...
If you don't have over, we'll call it $250,000.
If you don't have over $250,000, you probably don't want to do what I'm about to explain, the AFRP strategy, the no tax me strategy.
You see, the America First retirement planning process was installed, was invented and installed, and rolled out and tested for many different people.
I saw three years ago, actually longer than that, I just didn't have the tools to even brand it and come out with it and I didn't have a podcast.
But I've had this strategy for over a decade now.
I just patented it three years ago.
But the AFRP process, the American First Retirement Planning process, what we are going to do is we're going to keep your money safe.
Number two, we're going to protect your principal.
Number three, we are going to not be complicated.
We're going to keep it simple.
Number four, we're going to keep funds here in America.
Number five, we're going to be values-based, meaning you get to work with us that believes in God, country, and family, and we don't subscribe to the woke agenda.
We don't want to fund Pfizer.
We don't want to fund Disney.
We don't want to fund BlackRock.
We don't want to fund these companies that go against our beliefs.
Period.
So that is our process.
Now, inside of the America First retirement planning process, we have the never tax strategy where we simply will take your IRA and we're going to divide it up by five.
So whatever that number is, We're going to take five years worth of...
We're going to break it up and we're going to fund a tax-free bucket every single year for five years.
You do have to pay taxes on a Roth conversion.
So a Roth conversion, you pay taxes.
There's people that say, oh, just convert it to Roth.
Get it with a great accountant.
But you still got to pay the taxes on the conversion.
What...
Wall Street does not want you to know, and the banks don't want you to know, and financial advisors don't know, and even if they did, they wouldn't be able to do it because they're so locked up on their culture.
They're so locked up on funding for their shareholders and their bosses and meeting their quotas that they can't go outside the box and do the right thing.
Yes, it's unorthodox.
Yes, it's different.
Yes, it's not with Merrill Lynch and Morgan Stanley and Edward Jones, but who cares about them?
It is a complete new strategy called the AFRP, America First Timer Planning.
We are literally going to take your IRA. For an example, if you have, call it $400,000 in the IRA, we could take $100,000.
So, for an example, look at this graphic.
This particular client had $284,000.
in a regular Vanguard IRA I said you can go ahead and get a Roth IRA a backdoor Roth and it'll be worth two hundred thirteen thousand after tax or you can implement the Merrick first timer planning process and that 284 will be 213 and let's assume that The high-growth vehicle,
tax-free bucket, literally did the same thing as the stock market in your 60-40 Vanguard fund or your 401k.
We both made 5.21 gross net, whatever you want to call it, 5.21.
On the left-hand side of this chart, we were able to generate $454,000 in tax-free distributions if this person lived up to age 100.
When you pass away, it's $610,000.
We were able to borrow against the death benefits of this account.
$78,000.
So in other words, another financial institution paid for us to literally move our money into a tax-free bucket.
After year one, we can borrow against the account values and use our collateralized Future debt or future obligation of the insurance investment company that's going to pay your beneficiaries.
We can borrow against it utilizing 7702, statute code 7702.
We've paid $78,000 in taxes.
The insurance company covers it.
You don't pay a penny after the first year.
We just simply borrow against it.
So when you pass away at age 100, let's just say you live to age 100, $454,000 in tax-free income to you.
You pass away with a tax-free, probate-free, probate-free, a probate-free death benefit of $610,000 tax-free.
The government has no jurisdiction on this money.
Or you can say, you know what?
Yeah, you can do a Roth conversion.
Do it yourself.
Alright, well, you still got to pay $150,000 in taxes.
Yes, you will get just about the same, $451,000 in distributions all the way up to age 100 at 5%.
Yes, that's right.
Maybe you have a woke Vanguard fund.
Maybe you have red money.
Maybe you want to play the stock market.
You get 5%.
But your 5% lasts you for the rest of your life.
And then when you pass away, nothing goes to your spouse.
Nothing goes to your kids.
Nothing goes to your charity.
Gone.
Zilch.
You got nothing.
So $451,000, yes, you get the income, but nothing happens to your death benefit.
And you just paid $150,000 to the government.
If you want to write them a check and be a good citizen, be our guest.
Because this is where 99% of America is on the right side of this chart.
They literally are paying the government Money when we can literally just borrow against our own accounts.
Free money that you have to qualify for.
Doesn't make any sense, guys.
But unfortunately, advisors don't talk about this.
We literally are able to convert all of our IRA money or a good part of it into a tax-free bucket and then borrow against the death benefit to pay the taxes on the conversion.
After the fifth year, you could literally walk away with everything.
I even have a breakdown for those of you that wanted to see the numbers.
I know it's hard to see on a podcast, but if you email us at info at Cortez WM, email me your state, email me how much you have an IRA, and I will personally give you an illustration.
That's all you got to do.
Email me your state, your date of birth, And how much you have in IRA, and I can convert it for you.
I'll give you a conversion.
This is my offer for all of the listeners.
Because you don't have to pay taxes on your IRA. You will be paying taxes.
Like, if you don't do this, by the age of 73, they're already going to financially inoculate you.
They're going to take half your money.
So you might as well just do it.
But unfortunately, the big banks don't want you to know about this.
They want you succumbed to the herd.
America's one big sheep.
They want you just to follow suit.
Be quiet.
What's the saying?
You will die with nothing and you will love it?
I mean, isn't that in the great book, right?
The Great Reset for Schwab?
Klaus Schwab?
And this is part of their plan.
This is the plan, guys, to squeeze you out of every dollar so that you don't have any generational wealth.
The generational wealth is being attacked through the state planning, through the taxation of your Social Security, through the taxation of your IRAs.
For crying out loud, if you have half a million bucks in the IRA and you pass away and you don't have a spouse, your children or your loved ones or your heirs are going to have to pay taxes within 5 to 10 years.
You used to be able to stretch it.
You should be able to stretch it as if the deceased was still living, but not anymore.
You gotta pay all that money within five to ten years.
So what if your lovely niece, Julie, Julie is a lovely third grade teacher.
She makes $50,000 a year at best, $45,000 a year.
Now all of a sudden, she has a half a million dollars that she has to liquidate within five years.
She's making over $100,000.
More than $100,000.
Now she's made over $400,000.
So now she's in another tax bracket, 39%.
So she lost all of the money from her loved one.
Her regular job just got taxed at a high tax bracket.
Yes, she has a little more money but she gave it all to the government.
This is going on like crazy because people don't know this.
You're better off just buying a small little life policy for a death benefit because when you pass away your family is going to get hurt.
We had a big client that had several million dollars with us.
I can't say names.
It was all IRA money.
I sat down with the kids.
The kids had no idea how much money they would lose upon mom's death.
They want mom to live a very long life.
They love her to They love her.
They care for her.
But financially, responsibly speaking, the best thing to do was just carve out a million dollars, pay taxes on it now.
So that million dollars is now worth two and a half million upon death.
And now they're able to recoup that money back that the government's going to take.
Like, you don't own your IRA. The IRA is going to be in the hands of the government.
The 1099, I mean, dude, it's bad.
And as they keep on printing money and this FedNow garbage and social credit scores, it's going to get worse.
This is not conspiracy theory.
This is a fact.
This is a freight train coming that's guaranteed.
The taxation is guaranteed.
You don't own your IRAs.
And what's worse is a lot of people have millions of dollars in gold IRAs, and they don't even know that their money's fluctuated.
They don't even know that they have...
They've lost 25% just to buy the daggone thing because they're scared.
And that goes into Romans 16, 18.
I'm going to talk about that here in a second.
But if you have a gold IRA, give us a call.
We want to help you get out of it and protect your principal with insurance contracts.
There's no insurance on your precious metals.
It's still taxable.
So what we want to do is if you have an IRA, if you have a lot of money in 401ks and IRAs, we simply just want to carve out a portion every single year, fund a tax-free Bucket.
That bucket that we have, we can borrow against it, and then when we take money out the following year, we simply borrow against the account values to pay the taxes.
Within five years, you have all your money in a tax-free parking spot.
Out of the hands of the government, no longer IRA, you don't have to wait until you're 73, you don't even have to wait until you're 59 and a half.
There's no retirement rules.
You are your own bank.
You can borrow against it.
You can loan against it.
If you get sick, hurt.
The account values is now active, tax-free, and it pays you.
Almost like a disability or a long-term care situation.
There's a lot of benefits.
But unfortunately, America doesn't know this because it's not preached in the schools.
It's not preached...
In financial advisor setups, it's not.
And the banks don't want you to know about it because they don't make money off of it.
But here, we're here to expose the truth.
We're here to give you solutions.
We can get you out of those IRAs.
You just gotta visit us.
CortezWM.com There's so many strategies I can tell you that the wealthy do.
And there's a reason why.
These massive politicians and these massive millionaires, they don't pay taxes.
Why is that?
They got great advisors, guys.
They really, really got some good advisors.
I will be honored to help you.
Okay, so here's the deal.
If you don't convert, all right, that's an option too.
What's the worst that can happen?
You don't convert.
You make your $451,000 in distributions.
You die with nothing.
You pay over $150,000.
In this example, you paid $150,000 out of your own money.
You can listen to people and say, oh, do the Roth conversion.
Listen to your accountant and do the Roth conversion.
But your accountant is your accountant.
They're tax historians.
They don't know how to be proactive.
They don't know how to look in the future and say, hey, you should do this because...
This is going to happen to your money if you don't do this.
They're historians.
By the time you talk to your CPA and accountant, you're talking about stuff that's in their rear view.
They can't change it.
But 84% of people are upset with their CPAs and accountants because they weren't proactive enough.
I've taught many CPAs this strategy, and they cannot believe this has been out for X amount of years, and they're just now learning about it.
And it's because the financial advisors that are out right now, they are not taught this because they don't have a platform.
Their own banks, their custodians, broker-dealers, whoever conglomerate they work for, do not allow for them to do this.
Because they don't understand it.
Or we can't charge an asset management fee on it.
Whatever it is, you, the client, gets hurt.
So, give us a call.
America's first retirement plan.
Don't pay the taxes.
Don't let the government just steal your money, man.
You've worked so freaking hard for this money.
It's time to be proactive.
It's time to use these insurance carriers that are offering all-time rates right now.
High-time rates.
All you gotta do is be able to pass a blood and urine.
They want to make sure that you have breath in your lungs.
They want to make sure that you are who you are.
Stuff is awesome.
It's changed many, many people's lives.
So, I want to help you.
Give us a call.
I, myself, Josh, or Dustin will be able to get you an illustration.
Have a conversation.
It only takes 10-15 minutes to have a conversation.
Let us know what you have.
Email us at info at corteswm.com.
Let us know what you have.
Let us know your age.
How much you have in the IRA that you're afraid of.
And how much you want to convert.
And we will confidentially reach back out to you.
Put your phone number.
Or if you just want to simply talk via email, we can do that.
But we've got to have a conversation with you.
And make sure this is right for you and your family.
But we won't know if you don't call.
So give us a call.
And the rates are...
The rates that are all-time high right now, they're not going to stay this high forever.
I promise you that.
You see, the rising interest rates are really bad for mortgages, credit cards, automobiles, small business loans.
They're very good for insurance contracts.
And actually, I want to argue the markets because it pushes the markets up.
Not the bond market, but the equities.
So it can't be in your favor, the high interest rates.
It's time to refinance your retirement.
Take advantage of the high interest rates that these insurance carriers are providing.
Take advantage of getting control of your asset.
That's the other thing that I could spend an hour talking about is that when you are in retirement, If you are in a regular Vanguard or a mutual fund, a 401k, you have no control of what the market's going to do.
And you constantly have to go to cash, buy equity, large cap, dodge cap, dodge and cox fund, or you simply have to manage it.
And if you just want management on your 401k, then visit 401khelpusa.com.
We can give you advice on your 401k, but you're going to have to play this dog and pony show to the day you retire.
All you got to do is just give us a call.
We want to help you with a solution with American First Retirement Planning.
This is one strategy in our AFRP strategy.
The second one I'm going to talk in my next podcast is the PIA strategy.
For those of you that don't qualify for this tax-deferred account, Because there is a medical involved.
You don't have to be extremely healthy.
You don't have to be an Olympian.
You could get coverage.
As long as you're insurable, you can get this plan.
But we want to make sure that this plan is right for you.
There is a terrible financial chemotherapy process that has to happen.
But I promise you, the end result is a lot more freedom than you can possibly imagine.
Imagine the government not having access to your money.
Imagine having the government not being able from a jurisdiction standpoint to access you.
Imagine that if you were to ever get sued that no one can even touch this.
Imagine you can borrow against it when you buy on a car or if you want to buy anything and you need to take a loan.
You're the bank.
You pay an interest that goes to your account.
Imagine having all these benefits.
Imagine that if you're sick while you're alive, you can tap into this and have a tax-free benefit while you're alive.
So you no longer have to purchase long-term care.
You have this wonderful benefit.
Now, if you're a current client and you don't have over $250,000, $300,000, don't worry about this strategy because the taxation on your money is not going to be as big as somebody with half a million or several million dollars.
Guys, I hope this is really, really hitting home.
I created this process.
You can go to AmericaFirstRetirementPlan.com and you can download our guide if you want more information on it.
Just go to AmericaFirstRetirementPlan.com or visit us at CortezWM.com and I'm really, really excited to start the 2024 with this strategy with the bang because taxes are going to go up.
They are going to go up.
I mean, I can't...
I can't make this stuff up, man.
They keep on printing.
Look at all the things that are happening.
In order for our country to be solvent, you've got to raise taxes.
And the IRS believes that your IRA is theirs.
And quite frankly, it is theirs because you are a participant.
And if you don't convert into a tax-free bucket and say, hey...
IRS, get your filthy hands off my family's money.
You better start doing that.
Start thinking about doing it more sooner than what you actually think.
Interest rates will rise.
They're in your favor.
We can lock in some great rates for you.
It's kind of slow right now because it's the calm before the storm.
But right when Christmas hits, people want to move.
Move money.
And I would just say, act now.
Act now while you can, while things are a little slow, because a rush is coming.
January 1st is ridiculous how many people want to start the new year right, like New Year's resolution, and get into something like this.
And the wait time goes from seven weeks to three to four months.
So don't get caught up in that.
Act now.
Act soon.
Just go to AmericaFirstRetirementPlan.com.
The link is in below.
Or give us a call.
813-448-3446.
I, myself, Dustin, or Josh will do a Zoom, FaceTime, in-person, phone call, whatever platform you want.
We can speak with you throughout the whole country.
Doesn't matter.
And we want to help you.
We want to help you.
You don't have to do business with these conglomerates at the local Main Street advisor in your neighborhood.
They don't have access to this typically if they're with the big banks.
So anyways, I wanted to...
I hope you guys are learning something.
I put a lot of effort into this.
Oh man, there's so much stuff.
There's so much content I can talk about.
I can talk about this stuff for days.
But give me one second.
I want to share my verse for today.
Hey, how did you guys like me singing the other day?
I'm going to start playing more guitar videos.
You guys know I worship lead at my church.
And so every now and then I record songs I practice.
And you know what?
They make really good, I think, they make really good closings for podcasts.
I can just play some of those songs.
Okay, so let me get this straight here.
Romans 16.18 For such people are not serving our Lord Christ, but their own appetites.
By smooth talk and flattery, they deceive the minds of naive people.
Romans 16.18 Proverbs 12.5 The plans of the righteous are just, but the advice of the wicked is deceitful.
Proverbs 12.17 An honest witness tells the truth, but a false witness tells lies.
The reason why I wanted to talk about deceit and what Scripture says on deceit is because there's a lot of financial serpents out right now.
Especially when it comes to the gold IRA business.
I'm inspired to actually do a whole documentary on this, on exposing the truth when it comes to gold and precious metals and how they've taken advantage of the Christian movement and the truth movement and the conservative movement.
If you do want Precious Metals, contact Cornerstone.
They're a really, really good option.
They are not predatorial when it comes to buying Precious Metals.
Look, Precious Metals are innocent.
It's the people that sell them and take advantage of you.
And we don't want to participate in that.
But you can call Cornerstone, 888-747-8888.
Let them know I sent you.
And you can actually put scriptures on your silver.
You can put scriptures on your silver.
They have these gold little nuggets bars that are like 50 grams.
They have gold bars, true gold bars, not that Costco junk that you get online, but true straight from the refinery.
Pretty amazing stuff.
They don't broker it out like Costco and the other gold dealers do.
They actually have direct connection with the refinery.
So when you get your box, Of precious metals, it actually smells like fire.
I mean, it is amazing.
It's wrapped, it's sealed, it's certified, it's licensed, it's QR, it's stamped.
It is amazing.
But give them a call if you want precious metals.
You don't even have to call us to get a referral.
Just call them directly.
But give us a call if you want a solution to get out of your IRAs because you don't own it.
And they're going to tax the heck out of you.
That's guaranteed, baby.
That is not a conspiracy theory.
That is a fact.
And if you do a Roth conversion, you can do it.
But do you trust the government for never, ever, ever, ever taxing your money?
You really want to put all your eggs in that basket.
And while you're doing that, guess who has to pay the taxes on that?
You do.
Write to Uncle Sam.
I hope this podcast was informative.
I love this strategy.
It's worked effectively for many people.
But give us a call, 813-448-3446.
If not, God bless.
I'm out of here.
You enjoy your turkey if I don't see you before the actual Thanksgiving.
And God bless you.
I'm out of here.
▲
Export Selection