THE CHALLENGE
High-income earners are faced with an income gap that traditional retirement planning strategies are not able to bridge. It is estimated that a person will spend six times what the paid for their home during the retirement years. Navigating economic bubbles and constantly changing / escalating tax regulation are key areas where a person’s savings can literally hemmorage money. Having supplemental retirement income that is immune to economic bubbles and taxes is a much appreciated benefit.
SERP
All financial decisions you make now have a compound effect on your future liabilities. i.e. future taxes are a direct result of the choices we make now.
Many business-owners enhance their employee fringe benefits to place golden handcuffs on their key employees. A Supplemental Executive Retirement Plan (SERP) is a non-qualified plan that can provide enhanced retirement benefits for select executives. There are many options to consider. Click on the video below to learn about one of our most effective solutions.
SMART Retirement
Discover the Strategic Movement Around Retirement Taxation® I encourage you to request a copy of this insightful book.
See key points points below:
> 2011 first Baby Boomers turned 65 – 10,000 per day drain on Medicare
> 2015 – # of workers per SS retiree is 3:1 and falling
> 2015 US Government Debt to GDP is 104% -> Dec 2022 ratio 129%
> Conclusion taxes are certain to increase significantly
> Deferring taxes is therefore unwise
>Price and monetary inflation especially harmful during retirement
> Market average rate of return is deceptive at best
> Future distributions require careful planning. (sequence of returns & taxes)
> Morningstar states a safe retirement withdraw rate is 2.6%-2.8% / year ($1million = $28,000 annual income)
> It’s more important to find ways to guarantee the safety of your capital and ensure its return than it is to find a high yield
This book highlights current major flaws in traditional investing and tax planning. A piece of wisdom from the book “All financial decisions you make now have a compound effect on your future liabilities. i.e. future taxes are a direct result of the choices we make now.”