Liquidity

This is the most overlooked of all asset protection. The money that you save is not the money that you keep. Your CPA, accountant, financial planner, and investor oftentimes leave this one powerful word out of their lexicon. In short, Liquidity is all of the money that you get to keep without penalty or taxes. You do not want to have to pay penalties and/or taxes on your earnings, savings or your retirement savings. This can and will eat away at your standard of living. Moreover, the number 1 cause of bankruptcy in the United States is an early withdrawal from a 401(K) - Qualified Retirement Plan. Liquidity can be achieved through the parcel of the tax code that releases your money from the government's hold on it so that it can flow freely into only your pocket.