Can you believe that we’re now roughly 1/3 of the way through 2017? Our personal tax-freedom day generally falls somewhere within the first third of the year. Typically, it comes during April or May. That’s the day when we finally surpass the amount of our tax liabilities for the year and we begin earning the money we get to keep. For many Americans, taxes are something that happens on autopilot. They’re astonished when they learn that, each year, roughly a third of what they earn goes out the door in the form of taxes.
In this broadcast of Live Abundant Radio, Doug Andrew offers some essential advice that will help you deal with this reality now and in the future.
Here’s a sneak peek at some of key lessons you’ll learn in this week’s episode:
- What is meant by a 67 cent dollar and how do so many Americans live on them?
- At what point doesn’t Uncle Sam want a portion of your money in taxes, when you earn it, save it, invest it, spend it or when you die? The answer will shock you.
- Why should you reconsider putting pre-tax dollars into tax-deferred vehicles like IRAs and 401(k)s?
- What is the best way to save for retirement? Doug reveals how to solve your retirement planning dilemma.
- And much, much more…
Start by visiting with a wealth architect today.
*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.