In this week’s Hidden Wealth Solution Insight, I teach that, for those of us who don’t pay state income tax, Tax Freedom Day is April 20th. For those that do live in a state that has an income tax, the official Tax Freedom Day is still April 24th, as I wrote in last week’s Hidden Wealth Insights. So, some of us have already finished paying our tax bill for the year and some of us are almost there.
Many Baby Boomers have shared with me that they were unaware, and could not believe, the amount of tax liability that has been built into their retirement. Whether you’re approaching retirement or you’re already in retirement, there are things that you can do to get “untaxed” or at least really cut your taxes in retirement.
For our business owner clients, the average tax savings is $21,000. Not a $21,000 savings last year but a $21,000 savings every year! Now is the time to start a proactive, tax-savings blueprint approach to how you will reduce your taxes next year, as well as the years beyond.
Take the initiative now to get started with our tax-savings coaching group that has saved clients taxes every yearfor more than two decades. Not only can we help you reduce your current taxes, we can show you how to drastically reduce or eliminate taxes in retirement. Our clients don’t pay tax on the growth of their retirement savings nor do they pay tax on their retirement income.
Join us this coming Tuesday for our no-cost, no-obligation educational webinar. Learn how to get the government out of your retirement and how to avoid losing your savings to the next market meltdown. This Tuesday, I will be teaching how to get untaxed. To register for this event, simply click the link below or call our toll free number.
Register right now because these events usually fill up quickly, especially after the tax season. Those that register and attend will receive, as a gift, my video book, 7 Steps to a Tax-Free Retirement. Spouses are encouraged to attend this educational event together.
Here’s to your Hidden Wealth,