Our goal is to help you have a secure, safe, and stable financial future in retirement. Our tax-free retirement solutions for high earners can offer you and your family peace of mind knowing your financial assets are protected from market volatility and rising taxation.
Most of us simply don’t know what percentage of our income we pay to the Treasury Department each and every year. The highest federal income tax bracket today is 37%. Now add to that the Social Security tax of 7.65% (or 15.31% for the self-employed) and the Medicare tax of 1.45%. Don’t forget state income taxes and state/federal unemployment taxes as well!
Adding it together, some tax filers can have a true tax rate as high as 60%. If one lives in California (or in one of the other states with super-high state income taxes), the true tax rate can be higher than 70%!
Keep reading to find out how the new generation of life insurance policies can help you save money in taxes, have your money grow tax-free, and receive your income distributions tax-free.
(No, this isn’t a realistic scenario but stay with me here.)
This is a classic example of how compounding works.
It’s difficult to comprehend, but by the end of year 20, in a non-realistic scenario, without having to pay federal taxes, you will have saved:
Now take that same one dollar and double it for 20 years – but this time, let’s have the government take just 35% out of each year’s gain as taxation.
How much money do you think will be in the account at the end of the 20-year period?
The answer is:
This is not a misprint.
(No, this isn’t a realistic scenario but stay with me here.)
This is a classic example of how compounding works.
It’s difficult to comprehend, but by the end of year 20, in a non-realistic scenario, without having to pay federal taxes, you will have saved:
Now take that same one dollar and double it for 20 years – but this time, let’s have the government take just 35% out of each year’s gain as taxation.
How much money do you think will be in the account at the end of the 20-year period?
The answer is:
This is not a misprint.
It is hard to believe, but it is completely true. If you don’t pay attention to how taxation will be affecting you, then be prepared for the worst! You can impute any percentage of annualized gains and/or any tax rate you choose, and you’ll consistently see that taxation is a retirement plan killer.
Schedule a no obligation twenty-minute introductory meeting and learn the secrets of how to put yourself into the Zero Percent Tax Bracket
Fill out our our initial questionnaire so we can gather the information needed for an accurate quote. Once we connect, you will receive a FREE copy of the bestselling tax-free income book of your choice to give you a head start in securing your tax-free future!
