Ep. 66- THE L.I.R.P.

Taxes will likely be the single most important issue a retiree will face. As you start taking income in retirement it's not so much about how much you take, it's about how much you keep. Taxes are set to go higher in the near future, even in the absence of new legislation. Because your tax deferred retirement account is subject to income tax at a later date, if taxes raise, you will pay more in tax later than if you paid NOW! There is something you can do to lower your bill over your lifetime, and you may be surprised at what the answer is! Listen to this show and be ready to take a few notes, it could save you a substantial amount of tax over your lifetime!

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