Help to Minimize the amount of taxesyou pay in retirement
You may be heavily invested in stocks as they approach retirement which could result in large losses to your investments.
With improvements to medicine and health care, retirees may live 20-30 years into their retirement and sometimes even longer.
The majority of taxes - a staggering amount of 86%* - solely comes from the Top 25% of income wage earners in America.
If you make $67,280 or more in annual income, you are the Top 25% of income earners in America. You make an uncommon amount of income compared to the general population and are considered "wealthy".
With this in mind, the government then appropriates the amount of taxes you pay for in correlation to the amount of income you make. Therefore, the majority of taxes - a staggering amount of 84%* - solely comes from the Top 25% of wage earners.
* Source: Internal Revenue Services 2010-2014 Database
In the chart below, you will see everything that you would want in a perfect financial vehicle on the left hand side. We outlined several of the most common accounts that people put their money into to save towards retirement. The "green" signifies matching with what you want while the "red" signifies it does not match your wants. As you can see, most of the common accounts do not align with what you ultimately would want in a financial vehicle.
Consumer Guide: Proven Wealth Strategies Wealth-Building Practices of the Top 25%
Ever wonder what the most successful, wealthy people are doing to build their wealth? This consumer guide shows you exactly what they are doing and outlines the steps you need to take to implement these strategies yourself. This is a must-read for anyone who is serious about positioning themselves for financial success.
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