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Top 3 Trends for the Coming Year

1/18/2016

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1. Baby Boomers choosing to downsize
Retiring baby boomers are moving to smaller, less expensive homes to free up cash flow for other priorities like travel, family, and renovations.


2. Health Care costs jumping
With healthcare costs rising, at times 3x faster than wage growth, due in part to employers paying so much in health coverage that they can’t afford to raise wages, the burden on workers is such that they can’t afford other basic expenses.


3. Millennials struggling to buy homes
With homeownership at a 26-year low, millennials cannot find affordable housing and are often forced to sacrifice, borrow, or take on a second job to cover living expenses.


Each of these trends relate to the availability of cash flow on a monthly basis – and that’s what Tardus teaches you how to generate. Not only can we help baby boomers pay off their homes and move into smaller ones, but the Income Snowball can help millennials afford to buy homes by creating more monthly income to pay other bills. As many Americans’ healthcare costs are rising, the Income Snowball can help you generate more monthly income so you don’t have to settle for low tier plans or skip important office visits and tests.

For Baby Boomers, many of you want to pay off the mortgage on the old homestead, which can also provide valuable equity; for those of you over 65 years of age, it could well be your largest asset. For you, now may well be the time to simplify, whether that means moving to a one-story home, living closer to your kids and grandkids, or simply downsizing to something easier to maintain. The equity in your current house could be the key to an easier lifestyle. The world for Baby Boomers is unlike any world experienced by previous generations, as Governing Magazine aptly describes. But paying off that mortgage maximizes your potential for improving your life, and that’s where the Income Snowball can expand your dreams for the future.  Most people would pay off their mortgage early if they could, but making extra payments isn’t an option for most. 

Unexpected emergencies, structured retirement plan savings, and increases in the cost of living make it difficult to set aside extra money for early mortgage payoff.  Fortunately, the Income Snowball helps people who want to pay off their mortgage do so in the fastest way possible, painlessly.  With this system, you are effectively paying off your mortgage and increasing your monthly income simultaneously.  The extra income generated by the Income Snowball is what helps to accelerate principal repayment faster and faster as time goes on.

Another huge issue for folks of all ages is the rising cost of health care. As the health insurance costs rise, incomes remain flat, and middle class families of all ages are being forced to forego once-important goals like saving for retirement or their children’s education expenses.  According to a study conducted by AARP’s Public Policy Institute, more than one-fifth of middle-income people under age 65 experience a high burden from health care expenses. Others simply go without insurance or take out high-deductable policies, putting them at risk for serious financial despair if a family member encounters illness or injury. The need for additional cash for living expenses affects most members of the middle class.  Most clients who use the Income Snowball strategy can replace their incomes in 3 – 5 years.  In other words, Tardus clients have the additional cash needed to not only maintain their current standard of living, but to retire early, increase their standard of living in retirement and be mortgage-free at the same time.

For millennials today, whose members make up the largest living generation in the country, the dream of owning a home may seem more like a fantasy, as the average size of a new home in the U.S. continues to increase (along with its price) while the approval rating for new mortgages remains restrictively low. Then there’s the issue of income levels, which isn’t any easier for young adults than for most of America. While millennials now make up the largest portion of today’s work force, many of their jobs were arguably once held by older and much higher-salaried workers. And the expectation of annual cost-of-living increases enjoyed by previous generations of workers can now be considered another fond memory from days of yore.

For millennials looking to buy their first home, once again the Tardus system could be the fastest, easiest way to do it.  There are several different methods Tardus clients use with the Income Snowball: (1) rapidly creating enough monthly passive income to cover the mortgage payments; (2) quickly building the liquid assets needed to put a down payment on a home; or (3) building assets to pay cash for a home.
 
Be sure to take advantage of all that the Tardus system has to offer you, including our NEW MEMBERSHIP PROGRAMS for those who have already completed year 1 of the Tardus system.

Call our office at (808) 440-0688 for more information.
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Monthly Q&A | Robo-Advisors

1/12/2016

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In case you missed it in our printed Wealth Revolution Magazine, here is our monthly Q and A.
 
What’s the deal with these robo-advisors I keep hearing about?
Robo-advisors are online investing portals that allow you to invest without talking to a real person. The use of robo-advisors is on the rise, and will continue through 2020 because people are less trusting of financial advisors, understandably so, since they get paid to offer advice.
People want unbiased help with investing. Yet, the downside to going exclusively with a robo-advisor is there are numerous scenarios that a robo-advisor can't take into account, including incorporating current tax strategy, your mortgage or debt situation, or changes in your income or expenses.

Tardus Wealth Strategies offers unbiased help, while also considering the limitations of robo-advisors alone. The patented Income Snowball calculator is a "type" of robo-advisor that uses more than what most robo-advisers do, including your income, expenses, and debt information in order to come up with a strategy for becoming debt-free, mortgage-free or job-free.  Our patented calculator is unique in that it creates a blueprint for each individual to follow to produce immediate results -- results that put thousands more dollars in your pocket every month, now and in the future.

Then, because we know that technology is limited, we pair this with a live, qualified financial coach who can consider even more details when coaching you to implement your plan, and may even refer you to Tardus approved financial advisors who can give you financial advice if needed.  To learn more about robo-advisors, check out Tardus.com/blog where we discuss this topic in more depth and link to great articles from other trusted sources.
 
The robo-advisors at the forefront of the wave, including Wealthfront and Betterment, who started in 2010 and 2011, respectively, had their initial success with millennials, who were less inclined to feel the need for personal contact with an advisor, and who were instantly attracted to the convenient access of a web or mobile app to help them make their investment decisions based on algorithms.

Industry giants soon took notice. Vanguard spent two years testing the market before launching a full version of its Vanguard Personal Advisor Services in 2015, which combines personal investment advice with the use of investment management software. The company hopes to attract baby boomers. Charles Schwab joined the race that same year with its own product, called Schwab Intelligent Portfolios. Fees with these services cost investors a fraction of what they would cost with traditional financial investment services.

Not surprisingly, mid-size advisory firms such as Edward Jones and Raymond James warn against the movement away from the traditional advice offered by human advisors. These companies stand the most to lose, as the cost of their services faces increasingly stiff competition from the new wave of technology-assisted advice.

As robo-advisory services become more mainstream one thing is certain: the way investors make decisions will continue to evolve. Business Insider offers some helpful comparisons in this article.  Another look at this investment trend was published by FA Magazine.
 
To get a free analysis and report from our patented “robo-advisor,” contact our office at (808) 440-0688 and request a free strategy session.
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January Riddle

1/1/2016

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Here is a riddle for you to start off the New Year!  The answer will be in our blog next month…
 
I am your constant companion. I am your greater helper or heaviest burden. I will push you onward or drag you down to failure. I am completely at your command. Half of the things you do you might just as well turn over to me and I will be able to do them quickly and correctly. I am easily managed-you must merely be firm with me. Show me exactly how you want something done and after a few lessons I will do it automatically.

I am the servant of all great men; and alas, of all failures as well. Those who are great, I have made great. Those who are failures, I have made failures. I am not a machine, though I work with all the precision of a machine plus the intelligence of a man. You may run me for profit or run me for ruin-it makes no different to me. Take me, train me, be firm with me, and I will place the world at your feet. Be easy with me and I will destroy you.

​Who am I?
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