Financial Planning Tips: Money strategies

Financial Planning Tips: Money strategies used by the rich

By T. L. Simon

(NC)-Some of you may recognize these wealth creation strategies. Others may anticipate a need for them soon. After all, the rich rarely get rich by accident.

"If you are a high net income earner or business owner-manager with a million dollars to invest, it must be done with shrewd and sound advice," says Gordon Berger, chairman and founder of The PanFinancial Group, industry specialists for high net worth investors.

"Our model is a simple pyramid process. With the integration of ground breaking financial concepts, the model creates unique and safe investment strategies. It maximizes future growth, minimizes the tax you pay, and it structures and plans your estate," Berger explained. Here is a sampling of the strategies used by the rich:

The Wealth Creator: If you can invest at least $25,000 a year, this plan will create a savings plan using tax deductions. It is a unique investment that requires very little captive capital. It grows tax sheltered, is creditor proof, and may allow you to retire tax-free.

The Guaranteed Income Program: Provides qualified investors with a guaranteed return, three to four times greater than a GIC. The Guaranteed Income Program not only provides a greater after-tax return but can also be "capital protected". Capital Protection allows clients to "eat their cake and have it too" creating much larger cash flow for retirement.

The Cascadia Opportunity: This tax minimization strategy provides a safe, extremely low-risk strategy that simultaneously offers tax credits and a significant return on investment, based on an advance tax ruling.

Maypoint Investments: Accredited investors benefit from a unique 14 percent investment, backed by a pool of secured assets. It is a one-of-a-kind plan with a 13-month debenture, renewable after one year.

Individual Pension Plan (IPP): Double your retirement income with IPP. It provides self-employed individuals with the opportunity to invest significantly more capital into a pension plan, offering higher tax deductions and the maximization of retirement benefits under current legislation.

Unlimited Retirement Savings Plan: Provides investors with tax-sheltered growth during the investment period and the opportunity to receive tax-free retirement income as well as a tax-free cascade to their heirs.

- News Canada

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