How to Escape the Tax Trap

How to escape the tax trap is a strategy that everyone who is saving for retirement should know. Doug Andrew’s students, clients and listeners will be familiar with this terminology as part of his retirement by design teachings.

What exactly constitutes this tax trap? That’s something Doug explains in detail in this week’s broadcast. If you have retirement savings in an IRA or 401(k), then you too are at risk of being caught in this tax trap.

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Conventional wisdom has convinced a lot of folks that saving in an IRA or 401(k) is the best available option. Doug explains why there are some major risks that must also be considered in order to escape the tax trap before it’s too late.

HERE’S A PREVIEW OF WHAT YOU’LL HEAR IN THIS WEEK’S BROADCAST:

  • Learn the truth about 3 common myths about how to save for retirement. Once you’ve learned the truth behind these myths, you’ll be better prepared to escape the tax trap.
  • What’s the secret of reducing your tax bill during retirement? Doug explains how minimizing unnecessary taxes can set you up for a brighter future.
  • Are you and your money positioned to counter the threat of taxes, outliving your money and market volatility? Doug spells out each of these threats and what you can do to negate them.
  • How does tax-free saving differ from tax-deferred saving? Knowing this difference will spare you a lot of fear and uncertainty.
  • Is it wrong to know how to escape the tax trap? Doug explains how to ethically reduced your tax liabilities and how to increase your net spendable income in retirement.
  • Are you counting on taxes being lower when you reach retirement? A lot of folks who have bought into this myth are in for a rude awakening once they start accessing their IRA or 401(k).
  • And much, much more…

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment.