DISCOVER HOW TO PROTECT YOUR WEALTH FROM FUTURE TAX LIABILITY
They are focused on Portfolio Accumulation
They are focused on Tax Returns, Audits and Profit & Loss Statements
With Marginal Tax Rates set to increase in the next 10 years having a strategy to minimize your future tax liability could be the difference in the quality of your retirement, your legacy and ultimately whether you will run out of money.
OUR GOAL IS TO PROTECT YOUR NEST EGG FROM UNCLE SAM.
I was meeting recently with a couple in their early 60's. They had managed to save almost $2 million and were preparing to retire in the next two years. They were deeply concerned about protecting their life savings from excessive market volatility and rising inflation. Most of all they were worried about taxes in retirement. They explained how they believed taxes would have to rise in the future and how that would affect them. They had asked their investment adviser for help minimizing taxes in retirement. He told them, "We don't do that. You need to talk to a tax adviser."
Such is the case with the majority of Investment Advisers. Most Investment Advisers, if they offer any help with mitigating taxes, are only concerned with current tax rates...without any regard for future tax liability.
We then discussed how CPAs are focused on doing tax returns - looking at the Past and Present, but not the Future. I explained that Tax Strategies are an aspect financial planning that we had been helping clients with for many years.
After all, where can you go to get help with tax planning in retirement? Truth is that most folks don’t know where to get help with tax planning in retirement. More than that many pre retirees don’t realize that rising taxes are going to affect their retirement. They will likely be blindsided.
I decided to do something about that. Due to the current economic climate and the growing certainty that Marginal Tax Rates will rise I decided it was time to shift the focus of our practice towards helping folks with minimizing taxes in retirement. We will, along with minimizing Tax Risk, continue to help our clients with mitigating other retirement risks: Market Risk, Longevity Risk, Inflation Risk, Long-Term Care Risk.
Taxes have to be paid on pretax retirement accounts, but you don't have to use your own money for this obligation.
I encourage you to schedule a phone call to get the details and determine if you qualify.
Thank you for visiting our site, and for your consideration.
Chinese Proverb
Retirement Tax Advisers, LLC
Copyright © 2024 Retirement Tax Advisers - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.