Sep 23, 2021
Once again, the tax bill is coming–and the biggest asset for so many Americans, with the exception of their real estate, is a pre-tax retirement plan. This could be a 401(k), a 403(b), a thrift savings plan, an IRA, or something else.
And no matter what people say, their biggest expense is not healthcare–it’s taxes. Taxes go up as retirees withdraw retirement income, they affect Medicare B, C, and D premiums, and they’re all but inevitably going up.
In today’s episode, we discuss a number of issues: how Congress has failed to steward our money, why inflation is all but inevitable (and why it’s so hard to find products right now), and what you can do to protect yourself in the years (and decades) to come.
In this podcast interview, you’ll learn:
To get access to today's show notes, including links to all the resources mentioned, visit TheRetirementTrainer.com/53
How Fit Is Your Retirement Plan?
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com