Saturday, 8 August 2015

The 3 Steps to Building an SMSF Retirement Fortress & Clue #2


THIS IS PART 1 OF A FOUR-PART SERIES ON HOW TO BUILD A RETIREMENT FORTRESS WITH YOUR SMSF  AND CLUE # 2

Each week I will guide you through the 3 steps to building a Retirement Fortress.  I will also reveal a new clue as to what my new book is about. This week is a section of the cover of my new book that will be out in October. If you want the chance to win one of the first copies of my new book before the release date then please leave a comment on the article below and try and guess the subject of my new book.  

PART 1 - What is a Retirement Fortress?

When you think of a fortress, what image comes to mind? I’ve watched many historical movies, set in medieval times and there is always a fortress being attacked in some great battle scene that is the epic finale to the movie. Men in armour, fighting hand-to-hand, swords clashing, shields raised, horses screaming and blood being spilt on the field of battle all under the imposing dark monolith of a castle or fortress that is usually perched high on a hill or cliff.

When I think of a fortress, the following adjectives come to mind:

·       Imposing
·       Impenetrable
·       Strong
·       Ominous
·       Powerful
·       Protective
·       Solid

Most of the fortresses found throughout Europe and in Britain tend to be either high on a hill, strategically placed, overlooking the town they protect, or perched high on a cliff looking out across the harbor and out to sea. This is so they can have an uninterrupted view of all that they survey including approaching invaders and the shipping channels. Fortresses are often built on key, strategic locations designed to give them the best advantage of the lay of the land so they can defend all enemies.

These stone structures have stood the test of time, the ravages of war and the rise and fall of governments.  Being built hundreds, some even thousands of years ago, many are still standing today, a true testament to their construction and resilience.  These ancient structures will continue to remain long after you and I are gone from this world as we eventually are returned to the same soil upon which these mighty structures are built.

It’s the same strategic and deliberate thinking that you need to adopt when protecting your retirement savings. You too must build a fortress around your money to protect it against the ravages of inflation and against all threats, seen and unseen. I call this structure a Retirement Fortress and it is your self-managed superannuation fund.

From the ground up, build a strong foundation of stone and wood. Build high, impenetrable walls of rock and boulder. Craft high stone towers, so you too can see all the landscape around your SMSF and get a fair and early warning of impending invaders and threats. Study the terrain, find the best location, and then build a strong, rock-solid SMSF structure that will protect and shield your money from whatever the economy or the financial world can throw at it.

It makes perfect sense to protect what has taken you years of your working life through your own blood, sweat and employment years to build up. It can all easily be lost, taken away from you, if you don’t build a strong and impenetrable retirement fortress around it. Yet I see thousands of sophisticated investors, business owners and mum and dad investors using very brittle and weak SMSF structures that can easily be over-run and ransacked.

Would you leave the front door of your house open every morning when you go to work? Definitely not. If you did, people, given enough time, will just walk into your home and take everything that you own. We would like to think people wouldn’t take our possessions, but we don’t live in a perfect world anymore. Our grandparents grew-up in a bygone era, a more trusting time where people did leave their homes unlocked or allowed their kids to play in the street by themselves well after dusk. Neighbours, without even being asked would keep an eye on each other’s houses as a safeguard. It was an unwritten code or rule of neighbourly and community care.

Unfortunately these days are long gone. The sense of physical community, being the face-to-face interaction with our neighbours and with the people in our street has slowly been replaced by the superficial world of the online “community”. We are happy to open up and share online our intimate personal lives, family photos and even our holiday travels.  Yet offline we triple-lock our front doors, put security screens on our windows, turn on our house alarms, unchain our guard dogs and even install CCTV monitors and motion sensors. We don’t spend the same amount of time and effort in protecting one of our most valuable assets we have; our superannuation.

If someone breaks into your house and steals your brand new HD curved screen television, it can easily be replaced. Yet if someone breaks into your SMSF and steals all or a significant portion of your life-savings, you may never ever recover from this. Why? Because your years of living are numbered. Let’s be honest, you simply may not have enough time to start again and rebuild what you have lost. Just ask anyone who was close to retirement and then the GFC hit and they saw their retirement dreams fall by as much as 50%. What took a life-time to build-up, can take just days to destroy and impossible to recover from.


You must learn how to design and build a retirement fortress so that your hard-earned superannuation savings can lay safely within its walls, protected and growing. Take the time and effort to build a retirement fortress. It is one of the key foundation laws of this book and it is an essential requirement if you want to have a financially long and independent retirement. Listen to my advice. I have seen many people reduced to total poverty just short of their retirement age because they didn’t encapsulate their retirement savings within a retirement fortress. Don’t make the same mistake as them. Do what I am telling you to do.

DON'T FORGET TO LEAVE A COMMENT TO BE IN THE RUNNING TO WIN A FREE SIGNED COPY OF MY NEW BOOK DELIVERED STRAIGHT TO YOUR DOOR!

NEXT WEEK : STEP #1 TO BUILDING A RETIREMENT FORTRESS AND CLUE #3

2 comments:

  1. I believe what you are saying is true Matthew and now I look forward to hearing the details of how to ensure the fortress is battle ready.

    Cautious Connie

    ReplyDelete
  2. Connie, thanks for buying 3 copies of my new book. It's the best gift you can give. All & laws in the book cover off on this.

    ReplyDelete

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