Is this for real and are these plans good for people near retirement or in retirement? He mentions a lot of large companies that can sponsor these plans like GE, Kellogg, Abbott Labs, Phillip Morris, Coca Cola, Pepsico, etc. He wanted $10 for his report and 6 months of Automated income. They then will automatically bill for $295/yr on your credit card unless you tell them to cancel. He states it is perfectly legal and examples of people getting thousands of dollars a month from these Sponsored Retirement plans (SRPs). Automated Income is published from Lombardi Publishing out of New York. The following was copied from his twenty minute presentation.
Automated Income’s
Sponsored Retirement Plans:
The Millionaire’s Secret Income
Yes, George! Send me your hot-off-the-press special report Sponsored Retirement Plans: The Millionaire’s Secret Income.

Your report will show me how to collect steady, rising income amounting to several thousand dollars a month coming from my own Sponsored Retirement Plan.

In your presentation, I learned what these secret retirement plans are…how they generate up to 10 times more money than social security…and about the 3 open plans you recommend right now:

Sponsored Retirement Plan #1
Your first recommended plan is sponsored by a cash-rich company based in Virginia that paid higher annual dividends for 45 consecutive years. It paid $2.9 billion in the past nine months and recently announced that it will increase its dividend by 8.3%, a major driver for its sponsored plans. I’ll get all the details on how to participate in this company’s plans.

Sponsored Retirement Plan #2
This plan, sponsored by a leading global consumer products company, has paid uninterrupted dividends since 1895 and increased payments every year for the last 51 years. The company recently announced an increase to its cash dividends of 6%…a boost for its sponsored plans. You’ll tell me how to get in on this plan.

Sponsored Retirement Plan #3
A global brand in more than 175 countries that generates over $3 billion in cash flows from its operations, this company has a record of 41 straight years of dividend increases. The company joined the elite ranks of the ”Dividend Aristocrats,” a few dozen companies that have 25-year track records of annual increases in their payouts. Again I’ll get details on how to open my sponsored plan.

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