Don’t Gamble with Your Financial Future: Take Control of Your Money Now

If you knew that by contributing to a 401(k), you were really just pledging your life savings to pay an undisclosed and unknowable future amount of taxes, would you be as eager to get that employer match? If you learned that the financial planning industry has been fighting administrative regulations that would require them to put your financial interests ahead of their own, would you keep seeking their advice?

“There are better ways to keep more of your money in your pocket,” says seasoned attorney Zach Parry, and he shares these revelations in his latest book, Unshackled: How to Escape the Chains of Conventional Wisdom That Keep You Poor.

“We all know that the government doesn’t generate money; it takes it. Yet if we’re investing our money into a qualified retirement plan, such as a 401(k), then we’re blindly entrusting the government to manage our future income,” he writes.

In what he hopes is a wake-up call for anyone investing on autopilot, Parry dissects commonly held “truths” about investment strategies, such as, “Maximize your 401(k) contributions.” “Buy term insurance and invest the rest.” And, “Get out of debt before you start saving for retirement.”

"The problem with these tidbits of conventional ‘wisdom’ is that they are absolutely, 100 percent false,” he says. “But we believe them. And not only do we believe them, but we gamble our entire financial futures on them."

Referencing primary sources like the Internal Revenue Code and case law, Parry exposes the risks of blindly following “conventional wisdom.” Within his book, you’ll learn:

• Qualified plans would not exist if they were subject to the same legal rules as the rest of us. When critically analyzed against common law principles of property ownership and contract enforcement, a qualified plan, like a 401k, fails both tests. The book explains why!
• The financial professionals we hire may be our biggest liabilities. The financial advisors we hire to help us are merely peddlers of the finite products offered by their brokerage firms, and like a broken record, they give the same advice to everyone.
• The Investment Grade Insurance Contract, or IGIC,™ is the best investment vehicle you have never heard of: When it comes to investing your money, you should look to a private, for-profit plan run by centuries’ old companies whose client accounts have an unbroken history of growth and stability.
• Tax-free Retirement Is Possible: The only thing we know about taxes is that they are always changing. If your money is in a qualified plan—designed to be taxed at a later, unknown and unknowable rate—you have reason to be concerned. If you pay your taxes now, you can immunize yourself from future tax hikes.

He expertly tells readers how to take the financial planner, the government, and the CPA out of the equation and plant their money where it will be guaranteed to grow tax free, and where they can control what happens to it next.

Unshackled: How to Escape the Chains of Conventional Wisdom That Keep You Poor
Publisher: BOSS Media
Release date: December 01, 2020
ISBN: 978-1-63337-423-2 (Hard Cover)
ISBN: 978-1-63337-424-9 (Paperback)
ISBN: 978-1-63337-425-6 (eBook)
Available from Amazon.com, BarnesandNoble.com, and other retailers.

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Reviews, photos, book cover, links to previous interviews and Q&As are available upon request.

Zachariah Parry
The Fortune Law Firm
111920 Southern Highlands Parkway, Suite 200
Las Vegas, Nevada 89141

About Zachariah Parry

Author Zachariah Parry earned his law degree from the University of Illinois, graduating magna cum laude, and has taught several university-level law courses and published over 50 legal articles and a book used as the text for a legal course at University of Nevada, Las Vegas.

For over a decade, Parry was a civil litigator and trial attorney able to win multimillion-dollar judgments. As a first-chair trial attorney, he never lost. He also gained experience in administrative disputes, including with the Financial Industry Regulatory Authority, which gave him unique insights into the inner workings of the financial planning industry. He learned unexpected lessons about how money works: how to earn it, grow it smarter, and keep more of it.

While thriving as a trial attorney, Parry partnered with a tax expert and started a second law firm, the Fortune Law Firm, which was dedicated to helping clients with tax planning, investments, and retirement. He has since sold his trial practice to dedicate his efforts to the Fortune Law Firm, where he currently helps his clients create a comprehensive tax and asset-protection plan to help them keep more of what they earn.

This release was published on openPR.