Welcome to my review of Marc Lichtenfeld’s “Get Rich With Dividends.”
I’ve been receiving promotions from Marc advertising the presentation for a while so I decided to take a closer look.
It advertises his book on income investing and shares his insights on how you can start investing in dividend stocks to ensure your financial freedom during retirement.
I went through it in-depth to find out more and put together an honest review sharing pros and cons.
Keep reading below to get all the info
Before I start…
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Marc Lichtenfeld “Get Rich With Dividends” Review
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Introduction to Marc Lichtenfeld “Get Rich With Dividends”
“Get Rich with Dividends” by Marc Lichtenfeld as the name suggests is a rallying call for you to consider investing in dividend stocks to supplement your income or fund your retirement. Indirectly, it is a pitch for the Oxford Income Letter.
It reminds me of other similarly themed pitches like America’s #1 Retirement Pastime by Marc Lichtenfeld.
Other analysts have chipped in with their own versions of secure-your-retirement presentations like “Gold-Backed Retirement Plan” by Andy Snyder and Jeff Clark’s “3 Stock Retirement Blueprint”.
The presentation begins with Marc expressing outrage at the decision by Congress and the Senate to pass a bill (the SECURE Act) that will effectively erode people’s retirement savings. It will touch the IRAs, 401(k)s, and other retirement accounts.
He claims to have consulted widely with various professionals to find a way for people to safeguard their money when the law is implemented.
His solution is to invest in a special type of account that saves you from over-taxation among other benefits.
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Who is Marc Lichtenfeld?
Marc Lichtenfeld is a retirement investment expert. He started the Wealth Retirement to show retirees how they can invest their money to secure their retirements.
He has written two books on the subject: You Don’t Have to Drive an Uber in Retirement and Get Rich with Dividends (on which this presentation appears to be based on).
He is the chief income strategist at the Oxford Club.
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How does Marc Lichtenfeld “Get Rich With Dividends” Work?
After doing some research and consulting with various industry players, Marc says that he has found a way for retirees to secure their retirement investments.
He claims to have uncovered a special kind of account that:
- Pays you a dividend adding to your income or nest egg.
- Protect you against market downturns. Those accounts hedge you against the effects of even the worst financial crisis.
- Have a way of minimizing the amount of money you owe the authorities in taxes. These accounts are tax-deferred allowing you to pass your money on to your heirs without incurring extra tax expenses.
These accounts are ideal for people who want to shield themselves from the impact of the SECURE Act.
In addition to the special accounts, Marc also has a contact list of trustworthy Pillar One advisors who specialize in estate planning and taxes. He says that they can offer you free consultations.
He has written a report covering all these items. It is called The Secret of the IRS-Proof Retirement Account.
To receive a copy of it, you must join The Oxford Income Letter.
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As soon as you join the Oxford Income Letter, Marc will send you a copy of his new book, 101 Ways to Grow and Protect Your Retirement Savings that shows you how to earn passive income, withdraw money from your retirement accounts without paying extra taxes, and add more than $10,000 to your Social Security.
You also get a free copy of Get Rich with Dividends.
In Get Rich with Dividends, Marc talks about ways in which you can invest in companies that grow their dividends enabling you to multiply your money. He has sold over 100,000 copies of the book. He has translated it into multiple languages.
You receive a bonus report called The Bombshell Battle Plan: How to Defend Against the IRS’ Secret Weapon. It is all about real estate investments and protecting yourself from over taxation.
The other benefits of the subscription are 12 monthly issues of the newsletter, access to the model portfolio, weekly portfolio updates, special investment reports, and SafetyNet Pro emails (providing you with the best dividend stocks).
Subscription Fee
The basic plan goes for $49. The more expensive ones go for $129 and $79 but they aren’t really necessary.
Money-back Guarantee
The subscription comes with a 365-day money-back guarantee.
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Is “Get Rich With Dividends” Legit?
“Get Rich with Dividends” is legit.
During the presentation, Marc reads out positive comments from people who have been using the accounts he is talking about. Some of the people who left their comments have been using them for years (even before the SECURE Act was introduced) and they have great things to say about them.
Pros of “Get Rich With Dividends”
- The accounts Marc proposes you invest in protecting you from bear markets. He says that they even may earn positive returns as the market plummets.
- These accounts save your money from over taxation.
- They also pay dividend income
- Marc shares ways of maximizing your Social Security payouts.
Cons of “Get Rich With Dividends”
- You may have to pay an extra tax to transfer your money from your IRA and 401(k) into the special accounts that Marc is talking about.
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Marc Lichtenfeld “Get Rich With Dividends” Verdict
Marc Lichtenfeld appeals to anybody who hates big government and is appalled by unnecessary spending. He points out cases of what he considers questionable spending practices to get you riled up and angry at the government’s decision to pass on the expenses to retirees through higher taxation of IRAs.
He proposes that you shift your money into alternative accounts that will confer benefits like lower taxes, regular dividends, and protection from market downturns.
The final point there rings loudest considering the situation we are in at the moment with the coronavirus crash. If these accounts work as he says they did during the 2008 financial crisis and the Dot Com crash, many people will be eager to know how to use them.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
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(This is a 100% free training)
David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.