By Andrew Winnett

If you went to Sunday school or church growing up, you’ve probably heard
the Old Testament story of Joseph. Here’s a quick refresher: A young man has a
dream, interprets the dream as a message from God, takes action, is ridiculed and
abused, and winds up as an enslaved person. Then, because he is obedient and
faithful, Joseph earns the respect of his Egyptian overlords and becomes the head
honcho, in charge of thousands of people. Joseph almost single-handedly saves the
nation from starvation through obedience and willingness to try new ideas. That’s the
30-second version.

The Old Testament story of Joseph has long been one of my favorites. But, whether you
think this Biblical tale about the ultimate “prepper” is real or apocryphal, there are many
valuable lessons about planning, building strong networks, fiscal responsibility,
consistency, and long-term thinking crammed into Joseph’s story. That’s why I chose it
as a template for building my financial practice and as a theme for my book, “The
Joseph Strategy.”

One message I get from reading Joseph’s tale is appropriate, given America’s decades
of rampant money-printing, inflation, waste, and overall fiscal irresponsibility. The
powerful admonition permeating Joseph’s life story is, “No matter how great things
appear to be going, you should never allow yourself to become complacent.”

History tells us that resting on one’s laurels and becoming a lazy, careless thinker
carries grave consequences. When entire societies succumb to a”We have abundance
and we’ll always have abundance” mentality, vigilance, hard work, and gratitude often
go by the wayside. There are many instances where society’s lackadaisical attitudes caused otherwise free
people to become enslaved.

As I point out in my book, enslavement, whether to a flesh and blood ruler or to debt, lack,
or a negative mindset, can be avoided by incorporating Joseph’s planning into
your financial design. However, you must be sure that when you build your silos, you do
it the right way, in the correct order.

For instance, I have met many Americans who put money into precious metals, real
estate, small businesses, or equities FIRST.  In other words, they skip building their
“safe money” silo and go straight to what they think may have a more significant
potential upside.

I think that is a huge mistake.

I mean, the Egyptians were some of the most innovative, most advanced engineers
around. They’re the ones that figured out how to construct pyramids that would last for
thousands of years.

The Egyptians did the math and discovered that the key to keeping a pyramid structure
from collapsing is to build an exact and level base before doing anything else. These
ancient engineers knew that failing to make a pyramid correctly could have disastrous
results, so they took their time and did their due diligence.

With no computers or modern tools, the Egyptians used their mathematical and intuitive
skills to perfect a base that was level within 5/8 of an inch! Putting that into perspective,
a modern American house side, which is around 40 feet (not 755 feet like the Great
Pyramid of Giza), is typically off by 5/8 of an inch, or approximately 5% of its length.

I apologize for getting geeky here. I’m just highlighting the concept that the Egyptians
were not content to skip critical steps just to finish their pyramids. They desired to create
monuments that would stand the test of time, enduring never-ending assaults of wind,
sun, war, and economic upheaval. Because the pyramids would be their legacy, they
took above-average care with every detail, ensuring future generations would enjoy
these monuments. Joseph understood these principles and knew he shouldn’t start
gathering grain until he had enough well-constructed silos to store it.

I tell my clients to think of retirement as a self-inflicted famine. There you are, working
hard, pulling down a six-figure salary, and then you either decide to retire or are forced
to do so. Suddenly you no longer get that nice paycheck. Have you thought about how
you will replace that income?

Will it be with Social Security? Qualified plans? A pension? Savings?

Working as a greeter in a big box store?

Perhaps, like many Americans, you bought into the prevalent mindset and chased after
returns. That means you first built the middle of your pyramid, throwing any available
cash into non-liquid assets. I understand that. It’s easy to get seduced by promises of high
yields and a market that may go down but almost always bounces back. You may have
suffered FOMO (fear of missing out) when others racked up seemingly endless gains in
a long bull market. You may have decided to skip building your safe money base and
put all your cash into the stock market.

Regardless, you could find yourself a handful of years away from retirement, with a
disproportionate amount of your wealth exposed to market volatility, inflation, increasing
taxes, and other things that erode wealth. This situation can keep you up at night,
concerned you don’t have enough income to last your entire retirement.

There’s good news, though. Even if you are close to retirement age, strategies exist that
can assist you in building safe money silos for your cash. I show my clients proven,
actionable strategies daily to make better financial bases. They discover that there are
ways to get predictable growth, protection of their initial investments, create lifetime
income streams, and leave extraordinary legacies for their families.

By changing their mindsets and preparing during times of abundance, my clients know
that when famine inevitably arrives, they and their loved ones will have more choices,
be more resilient and be able to help others. I also help them discover ways to fund
higher-yielding investments while ensuring they won’t be risking all the money they’ll
need later to create retirement income.

Parting thoughts: If you’re like most people, you not only desire a more prosperous
and less stressful retirement but also want to leave something behind for future
generations. You don’t want to run out of money when you stop working, and you know
intuitively that bull markets don’t last forever.

What if you had a way to create a solid financial base providing guaranteed, predictable
income for life while exposing less of your money to market ups and downs? What if

you could engineer your finances the way the Egyptians planned the pyramids, in the
proper order, so that you could participate in market upsides without as much stress?

The great news is, you CAN! Reach out to me, and I’ll rush you a free copy of The
Joseph Strategy. This book will give the blueprint for creating a more robust retirement
pyramid, complete with safe money silos. After you read it, I know you’ll have questions
I’d love to answer. Call my office today and request your free book.