- A recent CNN study reports 39% of Americans are concerned about paying their bills. In comparison, 37% were concerned about paying bills during the Great Recession in 2008 - 2009. - Household debt has set a new record high. - Credit card debt is at record highs. Banks are bracing for major loan defaults. - 25% of Americans have resorted to skipping meals to avoid high food prices.   - The rate of increases of inflation is moderating, but the cumulative impact of several years of inflation has devastated buying power. - The pressure is real. Everything is much more expensive than it was four years ago. This has devastated many household budgets. - The 30,000 foot view is that employment is low, the economy is growing, and people are spending money.  - The reality on the ground is moderating inflation does not mean prices are going down. It just means prices are not increasing as fast as they were before.   - Primary cause of inflation is excess government spending. - Interest on the debt is estimated to exceed $1.1 Trillion in 2024. - This is equivalent to over 75% of personal income taxes collected. This is the largest revenue item for the federal government.   - Homeowners and those who own significant financial assets have done very well the past few years, but this leaves out huge segments of the population. - 3 in 5 Americans believe we are in a recession.    - MarketWatch prediction: Stocks will not beat inflation over the next decade - The S&P 500 to the M2 money supply valuation model is the most bearish since 1970. - The M2 money supply Federal Reserve estimate of total money in circulation in the US.   It would be prudent to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities.       

You can invest in high cash value Your Personal Bank TM policies that are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years!      Contact Ferenc at yourpersonalbank.com or 866-268-4422 for more info.

- A recent CNN study reports 39% of Americans are concerned about paying their bills. In comparison, 37% were concerned about paying bills during the Great Recession in 2008 - 2009. - Household debt has set a new record high. - Credit card debt is at record highs. Banks are bracing for major loan defaults. - 25% of Americans have resorted to skipping meals to avoid high food prices.   - The rate of increases of inflation is moderating, but the cumulative impact of several years of inflation has devastated buying power. - The pressure is real. Everything is much more expensive than it was four years ago. This has devastated many household budgets. - The 30,000 foot view is that employment is low, the economy is growing, and people are spending money.  - The reality on the ground is moderating inflation does not mean prices are going down. It just means prices are not increasing as fast as they were before.   - Primary cause of inflation is excess government spending. - Interest on the debt is estimated to exceed $1.1 Trillion in 2024. - This is equivalent to over 75% of personal income taxes collected. This is the largest revenue item for the federal government.   - Homeowners and those who own significant financial assets have done very well the past few years, but this leaves out huge segments of the population. - 3 in 5 Americans believe we are in a recession.    - MarketWatch prediction: Stocks will not beat inflation over the next decade - The S&P 500 to the M2 money supply valuation model is the most bearish since 1970. - The M2 money supply Federal Reserve estimate of total money in circulation in the US.   It would be prudent to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities.       <p>You can invest in high cash value Your Personal Bank TM policies that are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years!</p>      Contact Ferenc at <a href="http://yourpersonalbank.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=http://yourpersonalbank.com/&source=gmail&ust=1722953912767000&usg=AOvVaw0zKwEPjjdP8w0FG7yEvYO4">yourpersonalbank.com</a> or 866-268-4422 for more info.

If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.

<p>If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.</p>

Your Personal Bank with Ferenc Toth

We Are in A Bifurcated Economy. What Does That Mean for the Future?

Ferenc Compares Index Annuities with the new Hybrid Annuities1. A common myth is that if you want guarantees, you have to sacrifice strong growth. This is no longer true.2. Ferenc shares a new client case that compared an Index Annuity with a Hybrid Annuity. Hybrid AnnuityIndex Annuity      Growth:                       Limited: capped at 11-17% annually         Unlimited: no cap         Downside Protection:  Partial: 10-20%                                         Full: principle guaranteed      Annual Fees:               2.5%                                                         None3. If you have an annuity that has had under 7% returns the past couple of years, you have a subpar product with poor returns. You should consider comparing a superior product.4. If you have an early surrender penalty, bonuses of 22-29% are available to offset the penalty with strong index options.

<div> <div> <div> <div> <div><span style="font-family: arial, sans-serif;">Ferenc Compares Index Annuities with the new Hybrid Annuities</span></div> </div> </div> </div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. A common myth is that if you want guarantees, you have to sacrifice strong growth. This is no longer true.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">2. Ferenc shares a new client case that compared an </span>Index Annuity with a Hybrid Annuity. </div> <div>                                          <u>Hybrid Annuity</u>                                          <u>Index Annuity</u>    </div> <div>      Growth:                       Limited: capped at 11-17% annually         Unlimited: no cap   </div> <div>      Downside Protection:  Partial: 10-20%                                         Full: principle guaranteed</div> <div>      Annual Fees:               2.5%                                                         None</div> <div> </div> <div>3. If you have an annuity that has had under 7% returns the past couple of years, you have a subpar product with poor returns. You should consider comparing a superior product.</div> <div> </div> </div> <div>4. If you have an early surrender penalty, bonuses of 22-29% are available to offset the penalty with strong index options.</div>

Common Myth: If You Want Guarantees, You Have to Sacrifice Strong Returns. This is False.

Ferenc Dispels Several Myths and Misconceptions with Index Annuities and Index Universal Life Policies including:1. If you want guarantees, you don't have to sacrifice strong returns. If you own an index product with poor returns, you are invested in the wrong indexes.2. Unlimited upside with no downside risk is "too good to be true". Ferenc explains insurance companies invest the interest, not the principle. This provides indexes with 10-12% 10-year average annual returns while guaranteeing the principle. 3. Limited access to funds. Index Universal Life provides significant access to funds, tax-free growth, and access. Traditional qualified accounts (IRA/401k's) withdrawals are taxed. Large withdrawals typically create large tax liabilities. Index annuities early surrender penalties are typically far less than the tax liability. Index annuities are an excellent fit for traditional qualified accounts.4. Market Value Adjustments are reducing early surrender charges significantly. Most of my clients surrender charges recently have been eliminated in a year or two. This provides full liquidity quickly.

<div> <div> <div> <div> <div><span style="font-family: arial, sans-serif;">Ferenc Dispels Several Myths and Misconceptions with Index Annuities and Index Universal Life Policies including:</span></div> </div> </div> </div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. If you want guarantees, you don't have to sacrifice strong returns. If you own an index product with poor returns, you are invested in the wrong indexes.</span></div> <div><span style="font-family: arial, sans-serif;">2. Unlimited upside with no downside risk is "too good to be true". Ferenc explains insurance companies invest the interest, not the principle. This provides indexes with 10-12% 10-year average annual returns while guaranteeing the principle. </span></div> <div><span style="font-family: arial, sans-serif;">3. Limited access to funds. Index Universal Life provides significant access to funds, tax-free growth, and access. Traditional qualified accounts (IRA/401k's) withdrawals are taxed. Large withdrawals typically create large tax liabilities. Index annuities early surrender penalties are typically far less than the tax liability. Index annuities are an excellent fit for traditional qualified accounts.</span></div> </div> <div>4. Market Value Adjustments are reducing early surrender charges significantly. Most of my clients surrender charges recently have been eliminated in a year or two. This provides full liquidity quickly.</div>

Ferenc Dispels the Most Common Myths and Misconceptions with Index Annuities and Index Universal Life Policies

Ferenc shares several interesting recent client meetings. Many listeners will gain valuable financial insights.      1. An annual review with a client who received 20% return with their index annuity this past year.     2.A review with a client that invested in index annuities and high cash value policies in 2007, then guaranteed lifetime income later. Very interesting story through the Great Recession..     3. Planning meeting that potentially doubled income for retirement.US household debt has hit new records. It has doubled in the past 20 years. This will likely lead to a weak economy, possibly a recession. Average rent has declined in markets that are overbuilt. Some markets have dropped 20%. The Brookings Institute estimates there are 300,000 fewer people in the US than the previous year.This was the first time in 50 years that more immigrants left America than entered it. Brookings projects about 1,000,000 will leave in 2026. Rents will likely continue to decline.Housing buyer demand has hit the lowest level on record. In 2005, the median income was $46,000 and the median house price was $184,000. In 2026, the median income is $59,000 while the median house price is $450,000. In 20 years, income increased 20% and house prices increased 150%.Homebuilders continue to build new homes. The number of unsold completed new homes have hit the highest level since 2011. Building permits hit a five month high. Despite increased inventory, homebuilders are continuing to build. Home prices are likely to continue to decline.Realtor.com states one of the following needs to occur for homebuyer demand to return:   1. Mortgage rates fall to 2.65%.   2. Household incomes rise 56% to a median of $132,171.   3. Median home prices drop 35% to a median of $273,000.

<div><span style="font-family: arial, sans-serif;">Ferenc shares several interesting recent client meetings. Many listeners will gain valuable financial insights. </span></div> <div><span style="font-family: arial, sans-serif;">     1. An annual review with a client who received 20% return with their index annuity this past year.</span></div> <div><span style="font-family: arial, sans-serif;">     2.A review with a client that invested in index annuities and high cash value policies in 2007, then guaranteed lifetime income later. Very interesting story through the Great Recession..</span></div> <div><span style="font-family: arial, sans-serif;">     3. Planning meeting that potentially doubled income for retirement.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">US household debt has hit new records. It has doubled in the past 20 years. This will likely lead to a weak economy, possibly a recession. </span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">Average rent has declined in markets that are overbuilt. Some markets have dropped 20%. The Brookings Institute estimates there are 300,000 fewer people in the US than the previous year.This was the first time in 50 years that more immigrants left America than entered it. Brookings projects about 1,000,000 will leave in 2026. Rents will likely continue to decline.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div>Housing buyer demand has hit the lowest level on record. In 2005, the median income was $46,000 and the median house price was $184,000. In 2026, the median income is $59,000 while the median house price is $450,000. In 20 years, income increased 20% and house prices increased 150%.</div> <div> </div> <div><span style="font-family: arial, sans-serif;">Homebuilders continue to build new homes. The number of unsold completed new homes have hit the highest level since 2011. Building permits hit a five month high. Despite increased inventory, homebuilders are continuing to build. Home prices are likely to continue to decline.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">Realtor.com states one of the following needs to occur for homebuyer demand to return:</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">   1. Mortgage rates fall to 2.65%.</span></div> <div><span style="font-family: arial, sans-serif;">   2. Household incomes rise 56% to a median of $132,171.</span></div> <div>   3. Median home prices drop 35% to a median of $273,000.</div>

We Are in A Bifurcated Economy. What Does That Mean for the Future?

In 1 playlist(s)

Your Personal Bank with Ferenc Toth

Social links

Follow podcast

Recent clips