What’s the Number #1 most useful news item for businesses and investors in 2011?
The first members of the baby boom generation turn 65.
The first post-World War II babies started arriving in 1946, months after the soldiers got home.
Now, as the boomers prepare to retire, many of them will be tracing their fathers’ footsteps offshore. Not to war this time, but to a retirement they can afford and enjoy.
It’s still a very serious situation for retirees. Stories and reports of the economic crisis continue ad nauseum in the traditional news media because bad news sells. “If it bleeds, it leads,” as they say. But the future is not fixed in stone. Individuals are free actors and are able to make choices that impact their lives in positive ways. Whether they do or not is an interesting study in human nature. More on that later, but for now let’s examine the current circumstances for retirees and explore options for a brighter future given the reality that currently exists.
Many investors feel they are losing too large a percentage of their investment gains to income taxes each and every year. These aggressive investors, whose portfolios turn over a number of times during the tax year, often lose as much as 40% of their gains to a combination of federal and state income taxes. What investors really want are products that: 1) Grow income tax free; 2) Allow for all types of investments; 3) Distribute monies as needed without triggering a recognition of gain/taxes; 4) Never pay any tax on the investment growth; 5) Pass the investments on to the next generation without any income or estate taxes; and 6) Maintain privacy and maximum asset protection over their investment property. Sounds impossible?
During the last two years, Ambergris Caye, Belize, has been the recipient of a flurry of awards, recognizing its enticing Caribbean island lifestyle. Here are just a few:
Why is this quirky little Caribbean island, that sits 35 miles off the coast of Belize, garnering so much attention? And, more importantly, what’s it really like to live and retire there?
