The Progress Project is a strategic plan to mitigate productive Americans’ personal and retirement plan savings deficits and 501 (c) 3 non-profit organizations’ endowment funding deficits. The Progress Project utilized findings of decades-long research by the Economics of Life Research Project, the Doctors Research Project, and the Permanent Endowment Research Project to devise a strategic plan and develop evidence-based planning programs to implement a loss recovery, loss prevention, and savings multiplication process that would recover Great Recession losses and build future retirement savings and endowment assets for productive individuals. The outcome of this initiative was the creation of the New Economic Order Planning Program.
Resources required by the New Economic Order Planning Program to create 220,000 defined benefit pension plans, 220,000 Leveraged Tax-free Life Income Plans, and 8,300 Permanent Endowment Programs were then identified. An operating entity, ASK Consulting, LLC was formed to contract with consultants and life insurance companies to gain access to the guaranteed outcome financial instruments that were required by the New Economic Order Planning Program to implement the Progress Project strategic plan. Pilot projects to test the effectiveness of New Economic Order Planning Program components, including personalized, written capital accumulation, capital distribution, and endowment creation plans and guaranteed outcome protection and guaranteed life income financial instruments were initiated in Hawaii, Southern California, Utah, Colorado, and Indiana.
The New Economic Order Planning Program’s personalized written capital accumulation planning program was integrated with custom designed qualified retirement plan and non-qualified retirement plan proposals that illustrate the guaranteed-outcome life insurance company protection and life income products that fund capital accumulation, capital distribution, and endowment creation planning for savers age 55 -74, millennials, genxer’s, highly productive individuals, and affluent individuals. The New Economic Order Planning Program fintech planning platform educates, illustrates, and organizes the financial structures of members of doctor and non-doctor associations through personalized Capital Accumulation Plans, Capital Distribution Plans, and Endowment Creation Plans. New Economic Order Planning Program Financial/Endowment Counselors implement the personalized planning that accomplishes the strategic objectives of the Progress Project.
Commercial bank depository and lending programs were also developed from findings of the research projects to accumulate pre-tax and after-tax surplus earnings for association members and to leverage these savings to fund members’ asset protection programs, retirement savings accumulation programs, and endowment creation programs. Employer Cash Management System and Personal Cash Management Accounts accumulate productive individuals’ pre-tax surplus business earnings and after-tax surplus business earnings and allocate these funds to acquire income and asset protection plans, and to fund guaranteed outcome qualified and non-qualified retirement plans that generate tax-free retirement distributions and endowment funding. Pension accelerator loan programs enable highly productive, credit-worthy individuals to accumulate $1 – $4 million more retirement savings than they would have had in their existing financial structures.
The research projects developed capital accumulation planning programs for millennials and for GenXer’s. A smartphone application provides the New Economic Order Planning Program’s Personal Cash Management System that enables Millennials and GenXer’s to acquire catastrophic loss protection and guaranteed, tax-free life income for retirement through their participation in the New Economic Order Planning Program.
The Progress Project is also a strategic plan to provide career opportunities to 8500 college graduates, veterans, life insurance agents, and financial advisors that enables them to achieve their personal and financial potentials through careers as New Economic Order Planning Program Financial/Endowment Counselors. The Progress Project has initiated a recruitment, training, and mentoring program that will develop 8500 New Economic Order Planning Program Financial/Endowment Consultants during the next five years to implement the New Economic Order Planning Program for Savers, Millennials, GenXer’s, Highly Productive Individuals, and Affluent Individuals.
The Progress Project strategic plan is implemented through the New Economic Order Planning Program and its operational components which include the fintech planning platform, life insurance industry protection and guaranteed life income products, bank depository and loan programs, the internet and social network presence, and the direct mail, email, and social media marketing and prospect generation programs. The Progress Project is now positioned for national expansion and exponential revenue growth.