In this week’s Hidden Wealth Solution Insight, I teach thatyou’re being SCAM’ed and there are ways you can use this to your advantage. This is especially true when it comes to taxes.
SCAM is an acronym that means:
- Sound,
- Calculated,
- Accounting,
- Method.
I met recently with a client who needed $72,000 in annual retirement income. In order to net this amount, he has to withdraw more than $107,000 from his IRA every year! If tax rates go up, he’ll have to withdraw even more to net this same amount. Even with a steady tax rate and no market losses, all of his money (over $615,000) will be gone in 8 years! The chart below shows how over a half million dollars in retirement savings is depleted in just eight years.
Gone in Just 8 Years!
Please Click the Chart to View in Your Web Browser
This client was astonished when we showed him how sound, calculated accounting methods can insulate retirement income from taxes and market-losses. This strategy prevents him from running out of money before he runs out of life. His only regret was that he didn’t learn about our safe-savings solution sooner.
I teach how you can use SCAM to your advantage in ourTax Savings Analysis. This coming Tuesday, I’ll be teaching this and other unique retirement strategies in my no-cost, no-obligation Retirement Protection Webinar. I’ll show you how to get the IRS out of your IRA, remove the government from your retirement and how to stop Uncle Sam from becoming your biggest beneficiary. This is vital because both major presidential candidates are calling for higher tax rates. Hillary Clinton is calling for some income levels to pay as much as 61% in taxes!
Learn how our clients morally and ethically remove their retirement savings from the tax system and how they avoid the pain of market losses. To register for my webinar, simply go to www.RetirementProtected.com and enter the required information.
Register now while space is still available. Avoid the government’s tax scam and learn how a SCAM can be used to your own tax-savings advantage. Get the IRS out of your IRA!
Here’s to your Hidden Wealth,
Chuck Oliver
Best-Selling Author