We made it through 2015 without the -47% correction, maybe 2016 it will collapse!

The S&P 500 data showed us last year in 2015 that it was do for a another major correction of about -46% over-pressure was at 121%. We ended the year with only a -0.73% . So far as of today in 2016 we are at -7% which leaves another -41% that it has to drop to get to balance the over-pressure of 104%. Will 2016 be the big correction year? or will we have a repeat of 2000 when it took 3 years to drop the -47%? Either way, it should be dropping this year for some or all of the correction needed for balance. Make sure you are ready! Get your accounts balanced according to your ABC Risk allocation percentages! See the S&P 500 chart on this blog AND watch the Market Crash video I posted here.

Take care and be safe.

A Major Social Security Change has occured....

As I have been warning for years now, the Social Security system is over loaded and big changes are coming.... On November 2, 2015, President Barack Obama signed into law the Bipartisan Budget Act of 2015. In this act, was a major change to our Social Security Benefits.

The elimination of the "file and suspend" and "file and restrict" strategies by May 1, 2016. This "was" the greatest way for married couples to increase their benefits significantly between the ages of 66 and 80. The details have not been made available as of yet. I will let you know as soon as I know.

Bottom line, the changes are coming. IF, you are at full retirement age 66 or (67 if born 1960+) before May 1, 2016, as of now... it seems you will still be allowed to utilize the strategies and still have your 8% growth to age 70. After that you will not be able to use these strategies.

Take care and be safe

Finally finished and uploaded the "Endless Money Streams" video today.

I was finally able to complete the "Endless Money Streams" video today. I hope it will simplify the process of understanding and building "Endless Money Streams" in your own retirement plans. Like anything you may have on your mind, just ask me!
Take care and be safe.

A little late on the new video...

Thank you in advance for your patience, I'm a little behind on the new "Endless Money Streams" video. It has proven a little more challenging to put my thoughts together in a clean and clear presentation as it was in my vision. Take care and be safe.

Another NEW video is coming, "Endless Money Streams".

I'm making a NEW video that will be done BEFORE the Evaluation of Index Strategies Video, it is about building endless money streams. I hope to have it done today or tomorrow.

I just updated the "How to Survive the Coming Crash" Video.

There were a few typos and verbal mistakes on the video that were easier to correct so I did. I uploaded the changes today. There are still a few like when I said Drugs instead of Med's but that is minor. Also on the Medicaid I said at age 85 instead of age 65 they will get it back from your estate when you pass away, however the print is correct at age 65. Take care and be safe,Victor.

Guaranteed Roll-Ups may become extinct!

Now that people are living longer and longer in retirement, and the "Baby-Boomers" are turning age 65 at an alarming rate of 10,000 per day! And with medical research extending and increased the quality of life as we reach and exceed age 100. It is going to become a major challenge for insurance companies to be able to offer lifetime incomes that are not driven by account performance.

Right now with FIA's or Fixed Index Annuities you can still get over 6% guaranteed roll-ups, down from the 8% just a few years ago. This is a great protection in decades where the markets are poor like in the 1970's where 4 out of 10 of the 10 year returns resulted in a loss. Long gong are the double digit 10 year returns of the BOOM in the 1980 and 1990's. When you look at the last 10 years of the S&P 500 we are at 3 of 10 of the last 10 years of 10 year returns losing money. This is why before the boom, the #1 Rule of investing was; "Don't invest what you can't afford to lose!".

Going forward the "Roll-Ups" are going to get replaced with "Index-Driven" Guaranteed Income products. Which means that you will still have the "Market-Loss" protection in bad decades which is still great compared to suffering a decade ending in a loss. However, the Guaranteed Income will not have the "Roll-Up" guarantee. As an example right now, a 6% Roll-Up will Guarantee you in most cases a 6% compounding interest rate for 10 years and may or may not extend some of that for the 2nd 10 years. So assuming you had a nest egg of $100,000 for retirement income, at 6% for 10 years is guaranteed to provide you an "Income Base" of $179,084. That is your "Safety-Net" in case you had a bad decade. IF however, it was a good decade, it is possible to have a greater balance in your index account. In that case your income would be based on the higher indexed account, thereby protecting your future income base regardless of the market returns.

So if you have been looking at FIA's as part of your retirement portfolio, you may want to lock up one with a "Roll-Up" before they're not available. My guess in they will no longer be available or continue to drop by years end or end of 2016. Take care and be safe.