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Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement. David McKnight
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ISBN: 9780593327753 | 160 pages | 4 Mb
- Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement
- David McKnight
- Page: 160
- Format: pdf, ePub, fb2, mobi
- ISBN: 9780593327753
- Publisher: Penguin Publishing Group
Download google books to pdf format Tax-Free Income for Life: A Step-by-Step Plan for a Secure Retirement
The follow-up to the bestselling The Power of Zero, providing a blueprint to build a guaranteed, tax-free income stream that lasts for the long run. American retirees face a looming crisis. We are living longer than ever before, and most experts predict a dramatic rise in tax rates within the next ten years. The hard truth is that no matter how much you save, you are likely to outlive your money or watch it be taxed into oblivion. But when traditional retirement distribution strategies won't provide sufficient income in the face of higher taxes, what can you do? Tax-Free Income for Life lays out a comprehensive, step-by-step roadmap for a secure retirement. McKnight shows how the combination of guaranteed, inflation-adjusted lifetime income and a proactive asset-shifting strategy can shield you from longevity risk and the cascade of unintended consequences that result from higher taxes. It's an innovative and proven strategy that maximizes return while effectively neutralizing the two biggest risks to retirement savings. If ever there were a solution for the American retiree, it's guaranteed tax-free income for life.
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Tax-Free Income for Life: A Step-by-Step Plan for a Secure
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Here are 5 ways to get tax free income in retirement. make more than $45,360 combined, 85% of your Social Security is taxable. Most people don't think of life insurance as part of their retirement plan and some believe it
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income to maintain your standard of living when you The key to a secure retirement is to plan ahead. Over time, compound interest and tax deferrals make.
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Moving from a paycheck to multiple retirement income sources can be complicated. while those from a traditional IRA are taxed at your current income tax bracket. Social Security, a pension, an annuitized defined-contribution plan pension, you from making investment decisions and provides a regular income for life,
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Retirement planning is the process of determining retirement income goals, That's the best way to ensure a safe, secure—and fun—retirement. also include setting specific income or asset targets and taking the steps to Remember, the longer the money sits in a retirement account, the more tax-free
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