In this week’s Hidden Wealth Review, I teach about the new year’s, new retirement reality. This means risking your retirement amid the uncertainty caused by the just-passed Secure Act. This new law changes the rules of retirement for good!
This new federal law risks retiree’s savings. It has already created a massive amount of confusion over what people should do with their IRAs. The “stretch IRA” is over! In other words, the ability to leave money that can go from generation-to-generation using an IRA, has been officially eliminated.
I have been warning for almost a year that the Secure Act was coming. Now, it’s here! Congress was able to slip this controversial law past a lot of people by attaching it to the spending bill they passed to keep the Federal government open.
The reality is that taxes are already a threat, depending on the outcome of next year’s election. Even if President Trump is re-elected, you have less than five years to insulate your retirement income from Uncle Sam and get the IRS out of your IRA.
Day-in and day-out, I see Baby Boomer couples giving up, on average, an extra $20,000 a year in unnecessary taxes and penalties. I also see Boomers who play it too safe with their savings in order to protect themselves from the next market correction or crash. Then, there are some Boomers so overly exposed that, when the next big stock drop comes, they will lose more than the average loss suffered in 2008 and 2009.
Boomers, who have lost as much as 50% of their savings twice in the last two decades, always want to know what they can do to protect themselves from stock market losses. To them, it seems as if the next crash is right around the corner.
Boomers shouldn’t be burdened with this type of worry and they shouldn’t have to finance the Federal government’s mismanagement of it’s fiscal resources. It’s never too late and it’s never too early to learn a better way to retire. Whether you’re trying to make it to retirement or to better make it through retirement, I can teach you how to unlock your hidden wealth. Imagine, having an extra $20,000 a year in income, just from learning how to avoid paying unnecessary taxes.
I want to provide you with an action plan for your New Year’s Retirement Resolution. You need a new retirement for the new retirement reality that we’re now in, due to the Secure Act.
We’ve made it easy to help find the proper and safe solution. Just email help@TheHiddenWealthSolution.com. Be sure your email includes your name, phone number and the best time of day (Monday through Friday, 10:00 AM to 6:00 PM Eastern time) to contact you.
We want to provide you with a jump start to protect yourself from unnecessary taxes, insulate your retirement from unknown crashes and to remove the worry about who gets elected to office in 2020. Imagine, not just surviving but thriving in retirement. This means more financial success, more time with family and more memories.
We are excited to announce our latest press release. Great things are happening at The Hidden Wealth Solution! Click here to read the full release.
Here’s to your Hidden Wealth,