Have You Considered These 3 Strategies In Your Retirement?

I would like to propose three significant financial strategies to highly consider adding to your retirement.

1: Taxes – Most American do not understand how our tax system works especially when it comes to retirement. The # 1 retirement plan in America is the 401(k) plan. The biggest benefits of the 401(k) is the company match and tax-deferral. But, the biggest disadvantage is when you pull the money out in retirement (after age 59 1/2) you will be subject to ordinary income tax. At what rate? That’s the million dollar question, simply because nobody knows. This is why it’s important to have tax-free income strategies in addition to your company retirement plan such as Roth IRA’s and Cash-Value Life Insurance which can help offset taxes in your retirement years

2: Principal Protection – There is no doubt that 2020 has been a year for the history books. With many uncertainties looming, many are concerned with the stability of the economy especially since millions of Americans are less than 5-10 years from entering retirement and are concerned with a market crash that could severely negatively affect their retirement accounts. This is why we highly recommend adding a defensive strategy to your retirement if possible. Did you know that it’s possible to place your retirement in accounts that can perform well in a growing market and not lose a single penny in a market crash?

3: Lifetime Income – The vast majority of Americans will retire with Social Security and only their 401(k)/IRA to supplement their Social Security payments. Due to breakthroughs in science, health, and nutrition many Americans will live longer than previous generations and there is no guarantee that your 401(k)/IRA will last until your 80’s and 90’s. There is a unique strategy we offer through annuities that can help you ensure you never outlive your money no matter how long you live. You can even ensure that monthly payments continue to your spouse after you pass if that is important to you.

If you would like to learn how to position these strategies into your retirement today please schedule a call with us today by clicking on the link below!


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