If you answered Taxes you are correct.
The average retiree will spend a significant portion of their monthly income on all varieties of taxes. The time to help you reduce taxes at 65 is now and not when you turn 60.
Every day that ticks down, we lose an opportunity. Have you taken the time to convert some of your taxable and tax-deferred assets to tax-advantaged?
Are your Required Minimum Distributions at age 70 going to cause your tax rate to go up because your IRA and 401K assets are tax-deferred time bombs?
Are you currently funding the Tax-deferred bucket or the Tax-advantaged bucket in your retirement account? Funding the tax-advantaged bucket can potentially reduce your taxes in the later years.
To learn more about the tax-advantaged strategies available to investors today, please call our office to schedule your complimentary review at 949-474-8440.