Foreword Presented By Dave Lopez
My favorite teacher in school was Mr. A., my 7th grade shop teacher. The first day we walked into the classroom was like walking into Santa’s workshop. There were hundreds of tools, and we were going to use all of them! I will never forget the lesson he taught us on that very first day.
“Right tool for the Right Job.”
Mr. A. explained that projects are ruined by using the wrong tool. The builder did not take the time to learn about all the tools at his disposal and get a clear understanding of how they were to be used. He emphasized the importance of knowing the advantages and disadvantages of each tool because “only then, are you ready to begin a project.”
I have built hundreds of retirement plans over the last 10 years. And nowhere is this advice from my 7th grade shop class better used than in Retirement Planning. You see, investment strategies and investment tools are no different than the tools in Mr. A’s shop. Each have advantages and disadvantages. The results will be dictated by your ability to choose the “right tool for the right job.”
Over the last 10 years, I have met those who have discarded annuities based on misinformation and myths. Many investors lack critical facts about investment tools and are making decisions based on hearsay from friends, family, or a sound bite from a commercial. The result? They could be losing money, taking on excessive risk, or wasting other assets. All because they are using inefficient tools to accomplish their goals. The hard reality is that we get one chance to get this stuff right. We do not want to lose money, lose time, or lose opportunity because we did not know about a strategy that could have benefited us.
This book is a starting point for you to begin to obtain the knowledge you need to make informed decisions about these investment tools. I hope this book helps lead you to a more fulfilling and comfortable retirement.
To read more, download my book today!