Torch, Winter 1979

mterest rate than to invest in your own loca1 church? One ~~church bonds when he may need the principal ao~ for retirement ~bonds wlth maturity dattl,is ~with the dates-~ need the principal. 3. Aririuitlea: iftlese are ~dy~ for your ~nt~~~tax lh~ lfW..,11teworldngmr ~ iiin-proflt ~on, saich u &~:5(Mtmay haw the dlul.dl usepmt 'tJf ~ salaiyto ~--nUlty~~kii~~ The~Ofyoursalaiyllsed to~ the annµtty 1s ~tBdeferredtothe date of~itben»entortothedate ~intheennutty. Nelthe.r nee.! you pil,in.¢me tax.on the interd earnedunttl you draw It oUt ~fttr~This is ~~best R!titem«lt investment fot persons wfth It~ Sillaries. 4. Real estote. One canbecome a millionaire in a lifetime by systematlcally purchasing income-producing reaJ estate with a minimum downpayment Renters will make the mortgage payments and with Inflation the property at retirement may be worth 13 I I