Progress Update: 07/11/16
Our plans for helping children retire well, at the lowest possible cost, have crystallized this year to answer all of the challenges we faced in providing sustainable retirement solutions for young families. We now expect to be open for expansion by early next year, if not sooner.
As always, you can simply open an account with cash and add to it anytime, but now, our Freedom 21 Retirement Loan program is almost ready for launch. By eliminating the risk to borrowers and lenders alike, Freedom 21 jump-starts your child’s well-funded retirement by making low-interest retirement loans available and affordable for everyone.
The Freedom 21 Plan is designed for very young children, even babies, who can benefit the most at the lowest possible cost, due to the long investment growth period they have before retirement. Plans start at as little as $10 per month. That’s less than 35 cents per day. This “spare change” is enough to pay your child over $1,500 per month during retirement, and to provide a generous Estate Benefit or Personal Reserve that can be used for life’s important opportunities.
We work with great, community-minded, lenders to secure low-interest loans that enable children to have a lifetime of high-interest savings for their retirement. We offer matching funds that improve results, and eliminate Lender risks with a reserve fund that guarantees payments.
This is true credit which strengthens your family’s financial record with A1 performance and zero risk to you or your lenders. We work to ensure that your credit is never harmed and your child(ren)’s retirement always moves forward. Your Personal Reserve, and additional Performance Reserves from Family Freedom Fund, and our sponsors, ensure that payments are made on-time, even if an occasional set-back interferes.
We mentioned that you can start with as little as $10 per month… Yes, you can, and should, but we recommend more, if possible. In the 60 years or more before your children retire, inflation will likely reduce the buying power of $1,500 to a fraction of what it is today. The key is to start now, with as much as possible, while time and historically low-interest rates are on your side.
You might also consider that your children have grandparents, Godparents, aunts, uncles, or others who might want to help with a small F21 Loan of their own that can make a big difference to your child’s retirement. We recommend $20 to $30 per month for parents and $10 to $30, as appropriate, for other sponsors. We may also consider a $5 per month add-on for casual friends who want to help, but at that level, processing costs eat into the benefits.
The latest full details on the Freedom 21 Loan plan will be posted on this site soon. Just check for an update date of 07/15/2016 or later to be sure the details match those we will be launch with. Click Here for details.