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Make Your Money Outlive You -- Kris Miller #5857 · Financial Survival Network

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  So I needed some marketing money because everything was switching digital. And I just
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  reached into my annuity, got a ten percent free withdrawal, dumped it in
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  my marketing and kept my business alive. And well, you're listening to Carrie
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  Lets's Financial Survival Network, where you get valuable information you just can't find anywhere
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  else to thrive in today's trying times. You need the Financial Survival Network now
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  more than ever. Go to Financial Survival Network dot com and get your free
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  newsletter in gift Financial Survival Network now more than ever. And welcome. You
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  are listening to watching the Financial Survival Network of your host Cary Lots. Well,
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  Hey, if you're a boomer like me, one thing, you're approaching
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  retirement. You're thinking do I have enough money? If I don't have enough
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  money, what can I do about it? Am I going to have to
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  work forever? And hey, is there a way out of this mess?
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  Well, an answer to you, there is a way out of this mess.
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  Her name is Chris Miller. You can find her at Meet with Chrismiller
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  dot com. New chorus coming out Chris Create Income You'll never outlive. Hey,
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  I like the premise, what if I live to one hundred and twenty,
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  I'm still going to be okay, yes, sir, you sure are.
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  Thank you, Carrie, appreciate it, and that absolutely get that income
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  started pays you for life. And I've been doing this for thirty three years
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  and over six thousand clients, and those that have done this, the safe
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  Healthy Money all have the same setup where they never will outlive their income.
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  And it's really gives you piece of mine. I'll tell you because I got
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  it too. I own what I sell and that's all I do. Okay,
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  So how do I do it here? And how do we do it?
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  Well, it's not a one size it's all, but it's a financial
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  fitness strategy because it depends on your age, your health, and what your
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  goals are and how much money you have. So if you're a younger,
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  I'll tell you I found out later in life because I'm a boomer two,
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  I would have been done this like in my thirties and forty. I found
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  out at fifty eight. I literally did in at sixty four. Okay,
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  but I'm in great health. It's called Index Universal Life right investable life insurance
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  where they blow up the death benefit and blow a way up so that you
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  can create tax free income for life. Now these are like whole hybrid,
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  whole life. You know, they've just upgraded and they've added all kinds of
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  goodies. They've also got catastrophic illness protection because seven out of ten of us
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  over sixty five end up in a nursing home. So the sweet part about
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  that is when you get in your nineties and a hundreds, you can pull
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  two to four percent of the depth benefit. And what most people do is
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  they stay in their own home and they'd modify their home and hire their friends
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  or family, keep the money in the estate and it's a lot better lifestyle
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  and going to a nursing Okay, I like it rather beyond the smith and
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  retirement plan than good when nursing them quite honestly, well health as well.
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  So you want to start with that. But you know we don't always get
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  that, and there's a lot of stress and everything. But the point is
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  taking getting your cash safe, because I bet you ninety percent of everybody if
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  you look at your portfolio, most people have their money and risk. So
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  you take a good percentage of that and you can fund these things. So
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  you can fund them over five to ten years and there's creative ways that you
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  can do it. You could actually put it into an annuity that allows you
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  to take ten percent of the principle out and fund it into the IUL,
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  and then you have two streams of income coming out. Now, the IUL
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  is underwritten, so you've got to have health for it. That's that's the
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  part. If you're not in good health, and we can pre screen all
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  of that, then I roll over into my other favorite, which is the
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  equity index annuity. But I'd like to start with a tax free income.
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  It's crazy fabulous how much these products make, and they're usually what I've found
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  in three decades is they're usually a few percent higher than the inflation. Right
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  there. They're topping off, you know, at higher interest rates. Why
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  because insurance companies have billions of dollars and they invest in twenty thirty year options.
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  So we're getting the cream off the top with a lot of safety.
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  Because every hundred dollars you have with an insurance company, Garry, they have
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  one hundred and twenty five to one hundred and thirty five to year one hundred.
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  We're your bank. Every hundred dollars you have in your bank is anywhere
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  from a few dollars right in reserve. So that's why the banks are the
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  first to shake, and we are in economical shifts, right. It's changing.
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  It's going to be changing fast. Honestly, most people aren't paying attention.
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  You know, there's a lot going on, and they're pushing the digital
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  currency and all of the things that are going on. A lot of people
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  are going to go off a cliff. Unfortunately, got to pay attention and
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  learn about these things. Okay, so what what pretel. It's just a
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  question of an annuity here if you have good health. So I thought the
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  older you got, the more insurance cost. No, there's no cost to
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  this insurance. So it's an annuity. Is like a savings account with an
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  insurance company. And the ones that I own and use are low fees.
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  So when I started three decades ago and I lost money in the market,
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  I wasn't really fond of that experience. I started funding annuities equity in X
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  annuities thirty years ago and I've been through a few crashes and I had never
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  lost a dime. So these are really cool products because I have the flour.
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  So if it goes up two percent, you get two percent, it
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  goes down to percent, nothing happens, so you're only catching the upside.
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  So when I set mine up, I set mine up in it like streams
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  of income. I thought, okay, sixty two, sixty five, sixty
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  seven, and I have a number of annuities, right, we're going to
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  kick off. Well, I got to sixty two and I was like,
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  man, I'm in I feel like thirty. So I just shined it on
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  and that just means I'm going to get more income down the road. Just
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  like your Social Security, if you wait till your seventy you're going to get
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  thirty percent more than your full retirement age. So there's some really cool things
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  if you could know how to take these piles of money, get them safe,
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  and set up streams of income. And I'll tell you Carrott worked really
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  well in the pandemic because you know a lot of businesses. I'm a national
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  speaker. I go out all over the country speaking. In that crash,
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  there was no events, so I needed some marketing money because everything was switching
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  digital. And I just reached into my annuity, got a ten percent free
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  withdraw, dumped it in my marketing and kept my business alive and well,
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  so there's some very creative things impressive and yeah, so there's low fees from
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  this, I take it. What are the fees involved? What is the
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  insurance company charge you, because they're not it in for free, right right?
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  Well, the fees, there's no sales charges. So say you have
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  some money that's in the stock market, casino that you want to get safe,
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  want to create some income for your fabulous future. You can roll that
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  over into an annuity. There's no sales charges. Okay, I get a
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  commission, one commission, one time from the insurance company, not from your
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  money, and I'm with my clients for life, not require just you know,
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  feels good to check on him every year. Once a year. We
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  check in it. So it's a low maintenance. We're not having to watch
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  the market all the time. These are indexes, so we could allocate,
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  you know, into the S ANDP or the global or whatever we want inside
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  of the annuity. Because the annuity buys these indexes. The price of it
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  is all built inside of it. So when I do a financial fitness strategy
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  session when people here, I ask you age your health and wealth and all
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  of that, and then I'll get an illustration hop on a zoom with you
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  give you your own class, email it to you with all the extra information
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  so you can ask me good questions. It's that's just how I practice and
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  it's done very well for a lot of people. Okay, yeah, yeah,
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  sounds sounds intriguing. So how do we find out more about this?
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  How do we connect with you on the web? Chris, Well, I'm
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  everywhere. You know. I have a podcast called Many nine one one.
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  You could hop on my calendar with meat with Chrismeller dot com. That's k
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  r I smeller dot com. Jump on the waiting list for the Create Income
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  You'll Never Outlift course a to just start. It's called Start Create Income You'll
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  Never Outlive dot com and that's a twelve week program and you can hop on
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  that and learn and learn about that. But the best way you can call
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  our office nine five one nine two six four one five eight. We're happy
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  to help you all right, excellent. Hey, if you got a question
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  for Chris or myself, you can always shoot me an email k l at
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  Karlots dot com and we'd love to hear for you. In any event.
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  Make sure you'll find the link to Chris's site in the show does to this
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  interview on Financial Survival Network dot I'm just click it take you right there.
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  While you're at the site, make sure you sign up for your free newsletter.
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  Chris. Hey, really appreciate you coming on again and we will definitely
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  have you on when your course is up and running. Like to find out
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  more about this, and thank you so much, Thank you Carrie. It's
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  a real pleasure. Appreciate thanks for listening to carry let's Financial Survival Network your
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  solution to today's trying times. For the latest, go to Financial Survival Network
• 10:28
  dot com. Financial Survival Network now more than ever,