Ready to get Started?

Remember you're facing a retirement that's probably going to be longer than your parents' and will involve more uncertainties. 

This new kind of retirement probably means there are many American workers worrying about, instead of planning for, the future.

You can choose to stop worrying and start figuring. 

Not only will you come up with facts to work with, the chances are good you might change the way you save.

The 2008 EBRI survey also found that 44 percent of people who tried to figure out their financial futures ended up changing their retirement savings plans.

With a lot of study and regular attention to changes in tax laws, the economy, the stock market, and your money, you may be able to come up with a strategy to minimize taxes and maximize income. Heck there's even software to help, not always recommended but available.

There's another road too. You schedule an appointment with someone to develop your strategy and manage your retirement issues for you. 

Especially during the later years of your retirement, you may want to seek the help of a professional, when you may have less interest, energy, and ability to keep your strategy on target.

Taxes & Retirement - True Or False?

Income taxes go away when you're retired. True or False? False.

Remember all that pretax money you contributed to your retirement plan? When you withdraw it at retirement, you pay income taxes.

Social Security benefits are not sheltered from taxes. True or False? True. 

A portion of your Social Security benefits is included in your taxable income if, for example, in 2009, you have taxable income and Social Security benefits of more than $25,000 for a single person and $32,000 for a couple.

There are no tax consequences if you don't start to withdraw your pretax savings at age 70½? True or False? False. 

There is a 50 percent tax penalty on amounts that the IRS requires to be taken out after age 70½ and that are not withdrawn when required. In tax terms these are called "minimum required distributions.”

"Having a strategy" may sound like retirement is a battle or a complicated business opportunity. You may be thinking,  I  can just go it alone, but I can tell you those who seek help end up winning the battle over retirement and especially in the Tax Free Retirement area.

Look at the basics, if you could choose one of the following, which would it be? 

1. Tax Free Retirement

2. Fully TAXED Retirement

If you are considering Retirement Planning, call for a free consultation today.