Legacy Financial Solutions

Legacy Financial Solutions
LFS Mission
• To provide solutions for the most common
financial issues and concerns many people
face in today’s world.
• To provide strategies to deal with the
financial crises coming in the not to distant
LFS Goals
• To help people find their way to freedom
from financial pressure and worry so they
can be free to devote their energies to
whatever they want to pursue in life.
• To help people get into a position where
they can help others to be able to help still
others etc.
Typical Problems Faced Today
• Credit card debt with high interest rates.
• Past due consumer and commercial debts
• Insufficient income to ever get ahead
• Inadequate income for retirement years.
Problems Facing Our
Economic Future
• Economic effects of global warming
predicted to be worse than Great Depression
and 2 world wars.
• Failure of Social Security, Medicare and
• The biggest stock market crash in history
The Social Security Failure
• The Social Security system worked fine
when it began in the mid-1930’s when there
were forty-two workers for every one Social
Security recipient.
• In the year 2000, the number was 3.4
workers per one recipient. By 2016, Social
Security will collect less money in tax
revenues than it pays out. Do the math.
Stock Market Failure
• In 2016, the first wave of baby boomers,
that just turned 60 this year, will reach the
age of 701/2 and will have to start taking
minimum required distributions.
• This means they will begin withdrawing
money from the stock market (401k's,
IRA’s, etc) monthly or annually.
Stock Market Failure
• The price of shares of stocks or mutual
funds, or bonds, or anything, goes up as
long as there are more buyers than sellers.
• When there are more sellers than buyers
prices go down!
• Just do the math!
• “When you understand what is happening
you will know what to do.”
• “When the student is ready the teacher will
Strategy to Survive and Prosper
• Trust God
– Trust in the Lord with all your heart and lean
not on your own understanding; in all your
ways acknowledge Him and He shall direct
your paths. (Proverbs 3:5)
Strategy to Survive and Prosper
– A good man leaves an inheritance to his
children’s children, but the wealth of the sinner
is stored up for the righteous. (Proverbs 3:5)
Strategy to Survive and Prosper
– The Spirit of the Lord God is upon Me, because
the Lord has anointed me to preach good
tidings to the poor; He has sent Me to heal the
brokenhearted, to proclaim liberty to the
captives, and the opening of the prison to those
who are bound. (Isaiah 61:1)
Strategy to Survive and Prosper
• Seek good financial knowledge
– The “Rich Dad” series by Robert Kiyosaki
• Rich Dad Poor Dad...What the rich teach their kids
about money that the poor and middle class do not
and why you don’t need to earn a high income to be
Strategy to Survive and Prosper
• Rich Dad’s CASHFLOW Quadrant…Rich Dad’s guide to
financial freedom. Learn about the four CASHFLOW
Quadrants, and you will understand the most important keys to
creating wealth.
• Rich Dad’s Prophecy…Why the Biggest Stock Market Crash
in History is STILL Coming and How You Can Prepare
Yourself and Profit from IT!
Strategy to Survive and Prosper
– MISSED FORTUNE by Douglas R. Andrew
• Dispel twenty-three common misconceptions related to money
and the accumulation of wealth.
• Learn twenty-three wealth enhancement strategies, based on
true reality concepts that self-made millionaires have used for
decades to build wealth.
Strategy to Survive and Prosper
• Remember Joseph (Genesis 41:1-37)
– It is just as I said to Pharaoh: God has shown Pharaoh what he is
about to do. Seven years of great abundance are coming
throughout the land of Egypt, but seven years of famine will follow
them. Then all the abundance in Egypt will be forgotten, and the
famine will ravage the land. The abundance in the land will not be
remembered, because the famine that follows it will be so severe.
Strategy to Survive and Prosper
– The reason the dream was given to Pharaoh in two forms is that the
matter has been firmly decided by God, and God will do it soon.
And now let Pharaoh look for a discerning and wise man and put
him in charge of the land of Egypt.
– Let Pharaoh appoint commissioners over the land to take a fifth of
the harvest of Egypt during the seven years of abundance.
Strategy to Survive and Prosper
– They should collect all the food of these good years that are
coming and store up the grain under the authority of Pharaoh, to
be kept in the cities for food.
– This food should be held in reserve for the country, to be used
during the seven years of famine that will come upon Egypt, so
that the country may not be ruined by the famine.
Strategy to Survive and Prosper
• Joseph’s plan was simple.
– Create storage places (Banks)
– Throughout the seven years of prosperity, direct everyone to set
aside 20% of their harvest in preparation for the years of
– This resulted in the Egyptians not only being able to help
others, including Joseph’s family, but to prosper at the same
Strategy to Survive and Prosper
• A Joseph plan for today.
– Create Your Own Banks using a specially designed Life
Insurance policy.
– Pay the largest possible premium to buy the least amount of
death benefit and still have a contract qualifying legally as life
insurance. The excess premium then grows tax-deferred,
generating the maximum cash value.
Strategy to Survive and Prosper
“Properly structured life insurance contracts are the
only investment vehicles that accumulate money tax
free, allow access to the money tax free, and blossom
tax free upon transfer to heirs.” -- Douglas R
Strategy to Survive and Prosper
• Advantages of being your own banker.
– Do all of your financing of autos, home, children's education
etc. with your own bank.
– Over time, COMPLETELY RECOVER the cost of everything
financed through your own banking system.
– Fund your own retirement account free from taxation and
government regulations as with IRA's, 401(k)'s, etc
Strategy to Survive and Prosper
– Pass a wealth legacy to your children and future generations.
– Practice stewardship based on biblical values rather than those
of the current economic system.
Strategy to Survive and Prosper
Where to find the money to fund your banks
• Homeowners can restructure consumer debts with
mortgage refinancing to free up income they already
Strategy to Survive and Prosper
Consider the income opportunities offered through
Legacy Financial Solutions
Strategy to Survive and Prosper
• Join Lightyear Alliance and get your position on the
front-line of what Business Week Magazine says will
generate the largest wealth transfer in American
Business History.