Minimizing Unnecessary Taxes Makes a Bigger Difference Than You Think




Live Abundant Radio with Doug Andrew show

Summary: Minimizing unnecessary taxes makes a bigger difference than you may think. This is one of the key insights that has guided Doug Andrew over his four and half decades as a financial strategist and retirement planning specialist.<br> Doug’s entry into the financial planning world so many years ago was originally for the purpose of becoming a tax and estate planning attorney. However, the more he got involved in helping people minimize unnecessary taxes and plan for their brighter future, the more joy he found as a tax and financial specialist.<br> Would you like to know what your Abundant Living Score is? <a>Click Here</a> to gain immediate access to the Three Tools for a Strategic and Predictable Retirement.<br> For many years, the conventional wisdom of the industry was to simply hang in there during times of market volatility. Historically, the time it takes to recover from a market downturn can vary from just a few years to nearly 25 years. This can cost a person saving for retirement many valuable years that are instead spent trying to make up lost ground. This requires a more broad approach to protecting and growing your nest egg.<br> CHECK OUT THIS SNEAK PEEK AT WHAT DOUG COVERS IN THIS EPISODE:<br> <br> * How does inflation take a bite out of every dollar that you’ve saved? Learn how to position your money so it grows faster than the rate of inflation.<br> * Why is it foolish to count on being in a lower tax bracket at retirement? Doug explains how <a href="https://liveabundant.com/compare-your-plan/iras-401ks/"> minimizing unnecessary taxes makes a bigger difference than you think</a>.<br> * Are you able to accumulate your money tax-free, access it tax-free–at any point in time, and transfer the money to your heirs tax-free? It all comes down to which instrument you’re using to save money.<br> * How does tax-free saving differ from tax-deferred saving? Knowing this difference will spare you a lot of fear and uncertainty.<br> * Should you feel bad for avoiding having to pay unnecessary taxes? Doug explains how to ethically reduced your tax liabilities and how to increase your net spendable income in retirement.<br> * Why is trying to time the market such a bad idea? Doug spells out where predictable rates of return can be found and how minimizing those unnecessary taxes makes a real difference.<br> * And much, much more…<br> <br> Start by <a href="https://liveabundant.com/free-analysis/" target="_blank" rel="noopener noreferrer">visiting with a wealth architect</a> today.<br> What are the five key objectives to financial abundance? How can you evaluate various financial vehicles using the LASER test? <a>Click Here</a> to gain immediate access to the Three Tools for a Strategic and Predictable Retirement.<br> *Life insurance policies are not investments and, accordingly, should not be purchased as an investment.<br>