The Truth About How Taxes Can Affect Your Retirement




Live Abundant Radio with Doug Andrew show

Summary: The truth about how taxes can affect your retirement isn’t exactly a secret. So why is it that so few people truly understand what’s at stake? If you’ve been preparing for retirement by saving in an IRA or 401(k), you’ve been accumulating your money tax-deferred.<br> Most people who do this are anticipating that they will be in a lower tax bracket by the time they reach retirement. As Doug Andrew explains in this episode, that’s something that hasn’t been axiomatic for nearly 25 years. Unfortunately, a lot of folks won’ figure this out until they realize their nest egg is disappearing faster than they imagined. <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> If you’re ready to face the truth about how taxes can affect your retirement plans, Doug has proven, powerful strategies that can put you in a stronger position tax-wise and otherwise.<br> HERE ARE JUST A FEW OF THE EYE-OPENING IDEAS DOUG GOES OVER IN THIS EPISODE:<br> <br> * Why is it so important to optimize your financial assets and to minimize unnecessary taxes? Folks who don’t bother to learn these truths may face some hard lessons upon reaching retirement.<br> * If you’re accumulating your retirement nest egg in a 401(k) or an IRA, do you know the truth about how deferred taxes can affect your retirement? <a href="https://liveabundant.com/compare-your-plan/iras-401ks/"> Doug explains what you must know as well as what you can do.</a>.<br> * If you knew that you could save anywhere from hundreds of thousands to possibly millions of dollars in unnecessary taxes that you’d have to pay with a tax-deferred vehicle, would you want to know more. Don’t answer until you’ve heard Doug’s explanation of how it’s possible.<br> * Is it possible that you’re currently in the lowest tax bracket that you will ever be in? Doug describes the strategic window of opportunity that is currently open for those who wish to counter future tax hikes. <br> * Why will your money never be worth more than it’s worth today? Doug gives a solid explanation of what inflation is and why it is happening.<br> * How does lowering taxes bring in more overall tax revenue for our government? Doug shares the example of what happened during Reagan’s presidency as well as what’s happening today under Trump.<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>