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 future.

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 financially.

• 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 Medicaid

• 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 appear.”

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 rich.

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 (20%) 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 famine.

– This resulted in the Egyptians not only being able to help others, including Joseph’s family, but to prosper at the same time.

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 Andrew

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 world 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

have.

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.

Strategy to Survive and Prosper

Consider the income opportunities offered through

Legacy Financial Solutions

www.LeFiSo.biz