Other Failures of Mainstream Financial Planning

Even with three sources of retirement income (Social Security, retirement plans and savings) the average

retirement income for retirees is around $37,000 a year. [RESOURCE]

42% of retirees live below supplemental poverty income levels. [RESOURCE]

Nearly 1 in 5 working women, or 19%, have nothing saved for retirement. [RESOURCE]

Without any changes, Social Security is expected to be insolvent by 2034. [RESOURCE]

Stock-based 401(k) and IRA accounts are insecure and risky. From 2000-2019, the S&P 500 Index Fund, with

dividends, has only produced returns of 6.03% before fees and taxes. [RESOURCE]

Losses inside of a Risk-Based plan diminish the power of Compounding. [RESOURCE]

Deferring taxes creates a future liability to pay potentially higher taxes in the future. Many retirement plans such as the 401(k) and IRA have early withdraw penalties if needed before 59½ years old.

Fees inside your 401(k) and IRA are compounding fees. As you make more money, the advisor/firm charges you more for the same service/advice.

In 2008 when your portfolio lost near 40%, the “assets under management” financial advisor still charged you.
After a century of low income producing financial plans, the innovation of the MPI™ Secure Compound Account has solved these problems!