So I needed some marketing money because everything was switching digital. And I just
reached into my annuity, got a ten percent free withdrawal, dumped it in
my marketing and kept my business alive. And well, you're listening to Carrie
Lets's Financial Survival Network, where you get valuable information you just can't find anywhere
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newsletter in gift Financial Survival Network now more than ever. And welcome. You
are listening to watching the Financial Survival Network of your host Cary Lots. Well,
Hey, if you're a boomer like me, one thing, you're approaching
retirement. You're thinking do I have enough money? If I don't have enough
money, what can I do about it? Am I going to have to
work forever? And hey, is there a way out of this mess?
Well, an answer to you, there is a way out of this mess.
Her name is Chris Miller. You can find her at Meet with Chrismiller
dot com. New chorus coming out Chris Create Income You'll never outlive. Hey,
I like the premise, what if I live to one hundred and twenty,
I'm still going to be okay, yes, sir, you sure are.
Thank you, Carrie, appreciate it, and that absolutely get that income
started pays you for life. And I've been doing this for thirty three years
and over six thousand clients, and those that have done this, the safe
Healthy Money all have the same setup where they never will outlive their income.
And it's really gives you piece of mine. I'll tell you because I got
it too. I own what I sell and that's all I do. Okay,
So how do I do it here? And how do we do it?
Well, it's not a one size it's all, but it's a financial
fitness strategy because it depends on your age, your health, and what your
goals are and how much money you have. So if you're a younger,
I'll tell you I found out later in life because I'm a boomer two,
I would have been done this like in my thirties and forty. I found
out at fifty eight. I literally did in at sixty four. Okay,
but I'm in great health. It's called Index Universal Life right investable life insurance
where they blow up the death benefit and blow a way up so that you
can create tax free income for life. Now these are like whole hybrid,
whole life. You know, they've just upgraded and they've added all kinds of
goodies. They've also got catastrophic illness protection because seven out of ten of us
over sixty five end up in a nursing home. So the sweet part about
that is when you get in your nineties and a hundreds, you can pull
two to four percent of the depth benefit. And what most people do is
they stay in their own home and they'd modify their home and hire their friends
or family, keep the money in the estate and it's a lot better lifestyle
and going to a nursing Okay, I like it rather beyond the smith and
retirement plan than good when nursing them quite honestly, well health as well.
So you want to start with that. But you know we don't always get
that, and there's a lot of stress and everything. But the point is
taking getting your cash safe, because I bet you ninety percent of everybody if
you look at your portfolio, most people have their money and risk. So
you take a good percentage of that and you can fund these things. So
you can fund them over five to ten years and there's creative ways that you
can do it. You could actually put it into an annuity that allows you
to take ten percent of the principle out and fund it into the IUL,
and then you have two streams of income coming out. Now, the IUL
is underwritten, so you've got to have health for it. That's that's the
part. If you're not in good health, and we can pre screen all
of that, then I roll over into my other favorite, which is the
equity index annuity. But I'd like to start with a tax free income.
It's crazy fabulous how much these products make, and they're usually what I've found
in three decades is they're usually a few percent higher than the inflation. Right
there. They're topping off, you know, at higher interest rates. Why
because insurance companies have billions of dollars and they invest in twenty thirty year options.
So we're getting the cream off the top with a lot of safety.
Because every hundred dollars you have with an insurance company, Garry, they have
one hundred and twenty five to one hundred and thirty five to year one hundred.
We're your bank. Every hundred dollars you have in your bank is anywhere
from a few dollars right in reserve. So that's why the banks are the
first to shake, and we are in economical shifts, right. It's changing.
It's going to be changing fast. Honestly, most people aren't paying attention.
You know, there's a lot going on, and they're pushing the digital
currency and all of the things that are going on. A lot of people
are going to go off a cliff. Unfortunately, got to pay attention and
learn about these things. Okay, so what what pretel. It's just a
question of an annuity here if you have good health. So I thought the
older you got, the more insurance cost. No, there's no cost to
this insurance. So it's an annuity. Is like a savings account with an
insurance company. And the ones that I own and use are low fees.
So when I started three decades ago and I lost money in the market,
I wasn't really fond of that experience. I started funding annuities equity in X
annuities thirty years ago and I've been through a few crashes and I had never
lost a dime. So these are really cool products because I have the flour.
So if it goes up two percent, you get two percent, it
goes down to percent, nothing happens, so you're only catching the upside.
So when I set mine up, I set mine up in it like streams
of income. I thought, okay, sixty two, sixty five, sixty
seven, and I have a number of annuities, right, we're going to
kick off. Well, I got to sixty two and I was like,
man, I'm in I feel like thirty. So I just shined it on
and that just means I'm going to get more income down the road. Just
like your Social Security, if you wait till your seventy you're going to get
thirty percent more than your full retirement age. So there's some really cool things
if you could know how to take these piles of money, get them safe,
and set up streams of income. And I'll tell you Carrott worked really
well in the pandemic because you know a lot of businesses. I'm a national
speaker. I go out all over the country speaking. In that crash,
there was no events, so I needed some marketing money because everything was switching
digital. And I just reached into my annuity, got a ten percent free
withdraw, dumped it in my marketing and kept my business alive and well,
so there's some very creative things impressive and yeah, so there's low fees from
this, I take it. What are the fees involved? What is the
insurance company charge you, because they're not it in for free, right right?
Well, the fees, there's no sales charges. So say you have
some money that's in the stock market, casino that you want to get safe,
want to create some income for your fabulous future. You can roll that
over into an annuity. There's no sales charges. Okay, I get a
commission, one commission, one time from the insurance company, not from your
money, and I'm with my clients for life, not require just you know,
feels good to check on him every year. Once a year. We
check in it. So it's a low maintenance. We're not having to watch
the market all the time. These are indexes, so we could allocate,
you know, into the S ANDP or the global or whatever we want inside
of the annuity. Because the annuity buys these indexes. The price of it
is all built inside of it. So when I do a financial fitness strategy
session when people here, I ask you age your health and wealth and all
of that, and then I'll get an illustration hop on a zoom with you
give you your own class, email it to you with all the extra information
so you can ask me good questions. It's that's just how I practice and
it's done very well for a lot of people. Okay, yeah, yeah,
sounds sounds intriguing. So how do we find out more about this?
How do we connect with you on the web? Chris, Well, I'm
everywhere. You know. I have a podcast called Many nine one one.
You could hop on my calendar with meat with Chrismeller dot com. That's k
r I smeller dot com. Jump on the waiting list for the Create Income
You'll Never Outlift course a to just start. It's called Start Create Income You'll
Never Outlive dot com and that's a twelve week program and you can hop on
that and learn and learn about that. But the best way you can call
our office nine five one nine two six four one five eight. We're happy
to help you all right, excellent. Hey, if you got a question
for Chris or myself, you can always shoot me an email k l at
Karlots dot com and we'd love to hear for you. In any event.
Make sure you'll find the link to Chris's site in the show does to this
interview on Financial Survival Network dot I'm just click it take you right there.
While you're at the site, make sure you sign up for your free newsletter.
Chris. Hey, really appreciate you coming on again and we will definitely
have you on when your course is up and running. Like to find out
more about this, and thank you so much, Thank you Carrie. It's
a real pleasure. Appreciate thanks for listening to carry let's Financial Survival Network your
solution to today's trying times. For the latest, go to Financial Survival Network
dot com. Financial Survival Network now more than ever,