My Money Is Safe with Greg Elie

On this episode of My Money Is Safe, Greg Elie and Patti Jaynes urge listeners to capitalize on the stock market’s recent record highs by reallocating rather than chasing further gains. They note that while the S&P has notched new peaks amid a “Trump economy,” average retirees face real pressure from elevated living costs, a $40 trillion national debt, geopolitical tensions, and historically weak midterm-election years.

The hosts illustrate how past crashes (Black Monday’s 22.6% one-day drop, 2008’s ~57% overall decline) can devastate unprepared portfolios, and they recommend sweeping chips off the “Wall Street casino” table via in-service 401(k) rollovers or IRA transfers. By moving half of a large balance (for example, $500,000 of a $1 million account) into carrier products that immediately add double- or triple-digit bonuses—turning $500,000 into roughly $650,000 or more—clients can lock in safety, still retain upside potential on the remaining funds, outperform traditional bonds, and prepare for tax-harvesting or the scheduled sunset of current tax cuts.

Listeners are invited to call 1-800-297-5755 or visit MyMoneyIsSafe.com to explore these reallocation strategies.

On this episode of My Money Is Safe, host Greg Elie of Prosperity Group and Patti Jaynes focus on Social Security claiming strategies, reviewing the basics that benefits are based on a worker’s 35 highest-earning years, require roughly 40 credits (about 10 years of work), and can be claimed from age 62 to 70, with full retirement age (FRA) at 67 for those born in 1960 or later. Claiming at 62 cuts benefits by about 30 percent and triggers earnings-test penalties if income exceeds roughly $24,480, while delaying to 70 raises the monthly amount; the hosts argue that the better approach for many is to claim at FRA and redirect the payments into their P-SLIP strategy (Properly Structured Life Insurance Plan / Proper Social Security Lifetime Income Planning).

This turns the income stream into a larger asset that can provide tax-free cash, a meaningful death benefit, and long-term-care protections—illustrated by a client who funded the plan from age 67 to 70 and built roughly $1.4 million in combined living and death benefits. 

They also note related opportunities such as in-service 401(k) rollovers and accounts that can add nearly 30 percent via bonuses, while warning about IRMAA Medicare surcharges, and invite listeners to call 1-800-297-5755 or visit MyMoneyIsSafe.com for personalized illustrations.

On the My Money is Safe show, host Greg Elie of Prosperity Group, joined by Patti Jaynes and Dan Puck, warns retirees and near-retirees against letting extreme market volatility dictate their plans. They argue that an 18-year bull market since 2008 has left many younger advisors unprepared for downturns, and they highlight sequence-of-returns risk—where early losses combined with withdrawals can devastate a portfolio, as illustrated by contrasting “lost decade” and post-2010 outcomes for identical $500,000 accounts taking $30,000 yearly income.

The team promotes the Rule of 100 (subtract age from 100 to limit stock exposure), in-service 401(k) rollovers, Roth conversions that can add nearly 30% via bonuses to offset taxes, hybrid index strategies (e.g., crediting 6–7% if the S&P gains just 1%), guaranteed income, proper Social Security timing, and asset-based long-term care to protect against inflation, longevity, and care needs.

Personal stories of family caregiving underscore the emotional and financial stakes, while the hosts urge listeners to lock in gains, separate income from market risk, and contact them at 1-800-297-5755 or MyMoneyIsSafe.com for tailored safe-money approaches.

On this episode of My Money Is Safe, Greg Elie and Patti Jaynes focus on economic warning signs they say retirees should not ignore just because stocks are near highs. They cite local strain in Greenville (businesses closing, layoffs, housing costs that block people from moving home) and a Business Insider piece on economist Tuomas Malinen, who points to rising bankruptcies, a private-sector yield curve near a recession signal, and an economy that looks strong mainly in a narrow AI-related slice.

They argue official inflation understates the hit to purchasing power (they compare current prices with 1982-style measures), that 60/40 and buy-and-hold plans leave too much at risk, and that two gaps stand out: no plan for a correction and no catastrophic long-term-care coverage.

Their pitch is to rebalance now—take some chips off the table, use accounts that can add a large day-one bonus, consider tax harvesting or Roth conversions, and review income strategies—so a downturn does not undo retirement. Listeners are invited to call 1-800-297-5755 or visit MyMoneyIsSafe.com.

On this episode of My Money Is Safe, Greg Elie and Patti Jaynes focus on long-term care as “catastrophic insurance” most retirees lack, citing that about 70% of people turning 65 will need some form of paid or unpaid care, with typical stays of 2.5 years for men and 3.5 years for women and annual costs now often $66,000–$80,000 for home health or assisted living and $112,000–$130,000 or more for nursing-home care.

They stress that Medicare covers little custodial care, Medicaid generally requires near-poverty assets, and traditional long-term-care policies are use-it-or-lose-it, while family caregiving can exhaust both money and the caregiver’s health. Solutions they describe include annuity-style accounts with income “doublers” that can temporarily double guaranteed lifetime payouts for care needs, hybrid products that turn a lump sum into both cash value and larger long-term-care and death-benefit pools, and their PSLIP (Properly Structured Life Insurance Plan), which can provide living-benefit access to the death benefit for care while remaining a win-win if unused.

They invite listeners facing these risks to call 1-800-297-5755 or visit MyMoneyIsSafe.com.

On this episode of My Money Is Safe, Greg Elie and Patti Jaynes frame high inflation as something retirees can use rather than only endure. They highlight accounts that can add close to 30% to a retirement balance immediately (for example, $100,000 becoming about $130,000 on day one, with later growth compounding on the higher amount), which they compare to several years of typical CD returns and say can produce an average of roughly 7–8% over a decade if the account then earns about 4%.

They contrast this with after-tax CD yields that lose purchasing power once real inflation is factored in, urge a review of existing income riders that may pay less and run out sooner than newer options, and describe using the bonus to fund Roth conversions or their PSLIP (Properly Structured Life Insurance) strategy for tax-free leverage and legacy.

Citing overvaluation, Warren Buffett’s cash position, gold’s rise, and the risk of a sizable correction after an 18-year bull run, they recommend reallocating some gains now—“no one loses money taking a profit”—and invite listeners to call 1-800-297-5755 or visit MyMoneyIsSafe.com.

On this episode of My Money Is Safe, Greg Elie and Patti Jaynes argue that record market highs—amid wars, political gridlock, and looming midterms—create a timely window to lock in gains rather than stay fully exposed to what they call a historic bubble.

They highlight accounts that can add an immediate 20–30% bonus when money is reallocated from a 401(k) or similar plan (for example, $100,000 becoming $120,000–$130,000 on day one, with future growth compounding on the higher amount), while reducing market risk and still leaving some assets invested if desired.

The hosts stress that no one loses money by taking profits, note how long recovery took after 2008, and show how the bonus can also help fund Roth conversions by covering taxes and still leaving a net gain, or support pension-like lifetime income and their PSLIP (Properly Structured Life Insurance) strategies. 

They contrast these approaches with after-tax, inflation-adjusted CD returns and urge listeners to review allocations now—before potential rate cuts change the opportunity—by calling 1-800-297-5755 or visiting MyMoneyIsSafe.com.

On this episode of the My Money Is Safe Show, Greg Elie and Patti Jaynes explain why an in-service rollover—typically available at age 59½ or after a job change—can be a powerful way to move some or all of a 401(k) into an IRA without closing the plan or triggering taxes.

They argue that after strong market gains (and with forecasts pointing to only modest further upside amid geopolitical tension, inflation, energy prices, and potential midterm volatility), locking in profits and reducing risk makes sense; they contrast this with 2008 losses suffered by those who stayed fully invested. The hosts describe accounts that can add guaranteed or credited income (examples given in the 7–15%+ range for income purposes, plus “doublers” that can temporarily increase payouts for care needs) and introduce their P-SLIP (Properly Structured Life Insurance Plan) as a leveraged alternative or complement to a Roth for living benefits, tax-efficient income, death benefit, and help with long-term care costs that can run $8,000–$15,000 a month.

They close by urging listeners not to overfund 401(k)s beyond the match, to build a tax strategy rather than a “tax snowball,” and to call 1-800-297-5755 or visit MyMoneyIsSafe.com for a review.

In this episode entitled “Cashing in Your Harvest with a Roth Strategy,” Greg Elie and Patti Jaynes of The Prosperity Group stress taking advantage of currently low tax rates (the lowest in years) to convert taxable retirement savings into tax-free growth while locking in market gains. They warn of an impending major correction or crash—citing massive U.S. debt nearing $40 trillion, unfunded liabilities over $100 trillion, government money-printing fueling a bubble, and expert opinions from Robert Kiyosaki (predicting a historic stock-market collapse) and Peter Schiff (on unaffordable housing, war risks, and AI volatility)—and recommend hedging by cashing in some profits and reallocating part of portfolios.

A key highlighted tool is an A-rated company account that can instantly add 20–30% to retirement balances (covering Roth conversion taxes and allowing immediate compounding), plus opportunities to review/upgrade older annuities for 20–30% income increases, PSLIP strategies for tax-free income and long-term care protection, and gold/silver as hedges. Listeners are encouraged to call or text 1-800-297-5755 (or email [email protected]) for a second opinion, the Safe Money Bundle, or to watch TV episodes at MyMoneyIsSafe.com, emphasizing that no one loses money by taking profits and that safe, guaranteed strategies beat risky buy-and-hold in today’s environment.

In this "Golden Opportunity to Maximize Profits" episode of My Money is Safe, Greg Elie and Patti Jaynes urge listeners to lock in recent stock market gains amid rising volatility from geopolitical tensions (Iran ceasefire issues, Ukraine, oil spikes) and warnings of a potential correction.

They highlight immediate “golden opportunity” accounts from A-rated companies that can add 20–30% to retirement balances (e.g., turning $100k into $130k day one), allowing the bonus to compound and help cover future RMDs or provide growth with little to no market risk—ideal for hedging by moving a portion of gains while keeping some market exposure. The show also discusses rescuing underperforming annuities, boosting income 20–30% on existing accounts, tax-free strategies like PSLIP (“Roth on steroids”), and leveraged banking vehicles offering 3:1 to 10:1 matches.

Listeners are encouraged to text “VISIT” for a consultation or “SAFE” for the free Safe Money Bundle (e-books, guides on taxes, Social Security, recessions) at 1-800-297-5755, visit MyMoneyIsSafe.com, or watch TV episodes, with repeated emphasis that no one loses money by taking profits and that guarantees (subject to carrier claims-paying ability) beat hope-based market timing.

The My Money is Safe radio show, hosted by Greg Elliott of Prosperity Group with co-host Patti Jaynes, promotes safe retirement strategies focused on protecting savings from market volatility, generating reliable pension-like income, and emphasizing tax-free growth.

Airing around the 4th of July, the episode celebrates America’s 250th birthday while urging listeners to lock in recent stock market gains amid warnings of an impending correction—advising against buy-and-hold approaches in favor of cashing out profits, performing Roth conversions (with bonus accounts that can cover 13–24% of taxes in SC/FL), and using in-service rollovers from 401(k)s. They highlight proprietary “accounts” that can instantly add 5–47% to retirement balances (ideal for older clients or inheritance/long-term care planning), the PSLIP (Properly Structured Life Insurance Plan) as a leveraged “Roth on steroids” for tax-free income and living benefits, and early withdrawal options like Rule 72(t) for those 55+ or 50+ for first responders.

Throughout, the show stresses time value of money, conservative reallocation over risky market timing, and personalized planning; listeners are repeatedly invited to call 1-800-297-5755, email [email protected], or visit MyMoneyIsSafe.com for consultations, TV episodes, or Greg’s book Prosperity Plan ABCs.

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes explain how to use OPM (Other People’s Money) through their PSLIP (Properly Structured Life Insurance Plan) strategy to create tax-free income, legacy planning, and protection. The core concept involves clients contributing a set amount (typically $25,000–$50,000 per year for five years) while a bank or financing partner provides significant non-recourse leverage—often 3:1 to 10:1 depending on the beneficiary’s age—without requiring collateral.

Examples include a 55-year-old contributing $250k who receives $750k in matching funds and can later access roughly $60k/year tax-free income plus long-term care and legacy benefits, or grandparents funding young grandchildren (up to 10:1 leverage) to generate substantial future tax-free income or generational wealth. The hosts contrast this favorably with traditional 401(k) matching and Roth conversions, highlight its use by the wealthy, and note it can rescue poorly structured policies. They emphasize market risks amid high national debt and volatility, stress the importance of safe, tax-efficient strategies, and repeatedly invite listeners to call 800-297-5755 or visit mymoneyisafe.com for personalized consultations. The show mixes financial education with personal anecdotes and music.

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes focus on creating tax-free leverage, legacy, and income through specialized Properly Structured Life Insurance Plans (often called PSLIP or banking instruments). They highlight how grandparents or parents can contribute modest amounts (e.g., $6,000–$50,000/year for 5 years) while a bank or institution adds 3x to 10x leverage—depending on the beneficiary’s age—creating massive immediate death/living benefits and tax-free income streams later in life (e.g., $32k–$117k+ per year).

Examples include a 22-year-old grandchild turning $30k total contributions into over $1 million in tax-free income by age 81, and similar powerful results for adults in their 50s–60s. The hosts emphasize benefits for legacy planning, long-term care protection, and retirement income, contrasting it favorably with 529 plans or traditional 401(k)/Roth accounts. They stress the program’s availability for accredited investors or high-income households, warn of potential future tax or regulatory changes, and repeatedly invite listeners to call 1-800-297-5755 or visit mymoneyisafe.com for personalized strategies. The show blends financial education with personal stories, music, and light conversation.

In this episode of The My Money Is Safe Show, host Greg Elie and co-host Patti Jaynes promote the in-service rollover as a key retirement strategy. This allows individuals aged 59½ (or sometimes earlier) to roll over some or all of their 401(k) into an IRA to lock in gains, reduce market risk, and shift funds into safer, income-generating accounts—especially timely amid current market highs, volatility, geopolitical risks, and forecasts of modest S&P gains.

They share client stories illustrating major protection during past crashes (e.g., 2008) versus minimal losses after rolling over, and discuss broader concerns like political gridlock and short attention spans. The conversation expands to long-term care planning, highlighting high nursing home costs ($8k–$15k/month) and the value of PSLIP (Properly Structured Life Insurance Plans) for leveraged tax-free income, income doublers, legacy planning, and caregiver support.

The show mixes financial advice with light trivia (Beatles on Ed Sullivan), personal anecdotes, music, and repeated calls to action for consultations via 1-800-297-5755 or mymoneyisafe.com.

In this episode of "My Money is Safe," host Greg Elie and his vice president Patti Jaynes promote safe retirement strategies through their company, The Prosperity Group, urging listeners to protect assets from market volatility using the "Rule of 100" (subtract your age from 100 to determine the percentage that should be in safe, income-producing vehicles). The core focus is their PSLIP (Properly Structured Life Insurance Plan), which allows policyholders to access tax-free income and living benefits—such as long-term care, home health care, or chronic illness support—while alive, in addition to traditional death benefits for heirs.

They share real client success stories, including one woman with a chronic illness who accessed $450,000 tax-free from her policy, and emphasize how these plans can generate substantial tax-free retirement income (e.g., $175k+ annually for some couples), help fund nursing home costs, and turn modest contributions into significant legacies. The hosts criticize "buy term and invest the difference" approaches as renting insurance, contrast them with properly structured permanent policies (like Indexed Universal Life), warn about taxes and market risks in a "corporate dictatorship" era, and repeatedly invite calls to 1-800-297-5755 or visits to MyMoneyIsSafe.com for reviews, tax calculators, and consultations. The discussion blends financial education, personal anecdotes, and motivational advice for all ages.

In this episode of "My Money Is Safe," hosts Greg and Patty discuss Roth conversions and advanced life insurance strategies as powerful retirement and legacy tools. They explain converting traditional IRA funds (e.g., $100k annually) to Roth accounts, paying taxes upfront, and using vehicles that can offset costs with ~20%+ growth for tax-free access later. They then highlight the PSLIP (Properly Structured Life Insurance Plan) as a "Roth on steroids," offering immediate leveraged death benefits (often $1M–$3M+ from smaller premiums), tax-free loans/withdrawals, and living benefits for long-term care or terminal illness—illustrated by Greg's personal story of accessing six figures tax-free for his wife's cancer treatment after minimal premiums. For qualifying clients (especially under 65), they describe a premium-financed "3-to-1 match" strategy where client contributions are leveraged with bank loans (collateralized by the policy) for exponential growth and protection. The pair emphasize customizing combinations of these approaches based on health and goals, urging listeners to call 1-800-297-5755 or visit MyMoneyIsSafe.com.

In this episode of “My Money is Safe,” Greg Ellie of Prosperity Group and his vice president Patti Jaynes explore the good, bad, and ugly of income riders on annuities. These optional features allow retirees to generate guaranteed lifetime pension-like income for both spouses without surrendering the principal to the insurance company, with any remaining account value passing to beneficiaries. Using examples like turning $500,000 into $30,000–$40,000 (or more with deferral and roll-ups) of annual income, they highlight strong riders that offer compounded growth on the benefit base (e.g., 8%), potential long-term care doublers, and better performance than high-fee variable annuity riders. They stress the importance of choosing the right rider, locking in higher rates now, following the Rule of 100 for asset allocation, and getting a second opinion on existing annuities, as many agents don’t fully understand them. The hosts encourage listeners facing market volatility to call 1-800-297-5755 or visit mymoneyissafe.com for safe-money strategies that protect principal while building reliable retirement income.

In this episode of the "My Money Is Safe Show" hosted by Greg Elie of Prosperity Group Advisors, Greg and co-host Patti Jaynes (vice president of operations) discuss the importance of having a safe money strategy and controlling retirement income amid market volatility and geopolitical risks. They emphasize protecting assets from stock market crashes (likening Wall Street to a "casino") by shifting portions into guaranteed, pension-like accounts—often annuities or similar products—that provide stable, controllable income for life (for both spouses), with leftovers passing to heirs, unlike traditional pensions.The conversation covers the Prosperity Plan's steps: safe money foundation, income planning (often overlapping with safe accounts), and Social Security optimization. They critique over-reliance on market-exposed investments, sharing client stories of brokers resisting transparency, hiding fees, or ignoring risk-averse requests (e.g., an elderly client with 70% in stocks despite preferences for safety). Greg highlights current market fluctuations (citing Yahoo Finance data showing short-term negatives despite longer-term gains), the dangers of hoping for returns rather than guaranteeing them, tax-smart strategies (including tax-free income options), and bonuses like 10-50% account boosts or long-term care protections.Interwoven are light personal anecdotes (allergies, Bradford pear trees, private jet experiences), music plugs (Greg's daughter Annie's song "Phoenix," and classics like "El Shaddai"), and warnings about global instability—wars, potential escalations involving Iran/Israel (with real-time mentions of attacks on Tel Aviv and threats), and how such events could devastate markets and retirement plans. They urge listeners not to bury their heads in the sand, to review statements, consider in-service rollovers for 401(k)s, and seek second opinions via 1-800-297-5755 or mymoneyisafe.com, stressing preparation for 20-30+ years of "unemployment" in retirement rather than speculating on uncertain market or geopolitical outcomes. The tone blends financial education, cautionary tales, faith-inspired encouragement, and promotional calls to action for their advisory services in areas like South Carolina, Florida, and beyond.