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TAX RISKS

TAXES

Taxes are another major threat to income. The government owns 1/4th-1/3rd, or more, of your qualified assets–you get what’s left! With qualified accounts like IRAs, 401k’s, 403b’s, etc. every dollar you take out to live on will be taxed as ordinary income. That means you need to have 25-30% more in your portfolio to cover expenses than if your retirement was largely tax free, and that’s in today’s historically low tax rate environment!

Government debt is at an all time high--and increasing--while the interest on the debt is at historical lows, basically rock bottom. When interest rates rise again, it will consume an ever increasing percentage of the national budget. How can the government pay for this? Higher taxes! There is a very good probability that you will be paying back the taxes on your qualified accounts at a higher rate than the tax break you’re getting now for this year's contributions.

RETIREMENT IS ABOUT INCOME has access to the best savings vehicles that can provide tax free income for life, while accumulating at market-like returns, for those who have a minimum of 10-15 year time horizon before retirement.

Give us a call at (513) 604-6657 or Contact Us today to discuss your retirement options!

   
         
Risk_Long Term Care Button   Risk_Market Sequence Button   coming soon
         
 
        

    ABOUT NORM FALICK 
Norm Falick    Norm Falick has been a real estate broker and
founder of Camargo Realty, business owner and
founder of Prographics Printing, Series 7 Financial
Advisor at Merrill Lynch, and has been planning
retirements for over 20 years.


   

CONTACT INFO 
11999 Timberlake Drive
Cincinnati, OH 45249
Phone: (513) 604-6657
norm@retirementisaboutincome.com
 
 

 
 
 
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