In this week’s Hidden Wealth Review, I teach how to protect your retirement from being sideswiped by socialists. As Margaret Thatcher once said, “With socialism, eventually you run out of other people’s money.”
The 1.9 trillion stimulus is now a reality! We’re all for funding the things that will get us out of the pandemic and restore normal life. It’s the unnecessary, unrelated things (bailouts to the Blue states, the museum, the bridge, the train, stimulus payments to illegal aliens and even payments to those who are incarcerated). We taxpayers are the ones to who are being sent the bill.
This is the direction in which we’re headed. This $1.9 trillion bill is just the first of two massive spending efforts being rolled out under the Biden administration. When he came into office, Joe Biden said that he was committing to spending $11 trillion dollars over the next 10 years. Eventually, someone’s going to have to pay for all of this. If you’ve worked hard and saved hard, your retirement savings is squarely in Biden’s tax increase bull’s eye.
I want to teach you that there are things you can do to protect your retirement from being sideswiped by socialists. Register now for my newly updated Retirement Reinvented Webinar being held this coming Tuesday. If you have a net worth of at least $1 million (exclusive of the equity in your primary residence) this webinar is a must for you. I will be teaching about a little-known tax provision that allows up to a 100% tax deduction for a specific investment. Many people feel that 2021 may be the last year to get this done.
I want to teach you that there are things you can do to protect your retirement from being sideswiped by socialists. Register now for my newly updated Retirement Reinvented Webinar being held this coming Tuesday. If you have a net worth of at least $1 million (exclusive of the equity in your primary residence) this webinar is a must for you. I will be teaching about a little-known tax provision that allows up to a 100% tax deduction for a specific investment. Many people feel that 2021 may be the last year to get this done.
Register for my no-cost, no-obligation, Retirement Reinvented Webinar being held this coming Tuesday. To register, click the button below:
I want to share a story about a client couple who hail from Chicago. Their situation was not that unusual. In fact, we routinely see this type of thing.
They were concerned about this administration and the overall direction of the country. They were terrified of taxes. After analyzing their situation, we were able to help them stop his Required Minimum Distributions (RMDs). These RMDs were triggering tax on up to 85% of their Social Security.
We used the 100% tax deduction I mentioned earlier to offset the tax on converting both of their traditional IRAs to Roth IRAs. As a result of the deduction they were able to take, they paid zero tax on the Roth conversion.
Because their income is now entirely tax-free, there’s no tax to their Social Security. That saves them over $8,400 a year in tax. We also helped them create a $30,000 a year, tax-free, retirement income! They now have $100,000 of annual increasing income with zero tax!
how to avoid the biden retirement blindside:
I want to teach you how to become a tax-free retiree. Imagine, more financial success, less worry, less stress and more financial success. Let’s get to work!
On Tuesday, I’ll be teaching my newly released Retirement Reinvented Webinar. This complimentary, log on and learn, educational event will teach you how to avoid having your retirement sideswiped by socialists.
To register, follow these four simple steps:
- Go to www.RetirementProtected.com (or scroll down to the form below).
- Select the webinar date/time you prefer.
- Enter your information thoroughly – make sure to double check.
- Click “Reserve My Spot!” to submit, that’s it!
Once you’ve registered, you’ll receive an email containing a personal access link to join Tuesday’s event. Don’t forget to add it to your calendar!
President Biden’s tax plans are targeting high income earners, those with large capital gains as well as those with estates valued over $3.5 million. We find those higher income earners of $200,000 or more, those who have saved $500,000 or more and especially those who have a net worth of over $1 million, will benefit the most from our proven solutions with a track record of measurable success.
You’ve worked hard for your money, let us teach you how to make your money work harder for you. Protect your retirement from being sideswiped by socialism. The time to get that done is in 2021.
Register for your preferred webinar time now because these events have proven to fill up fast. Those who attend this event will receive a complimentary copy of my latest eBook, The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.
Note: We serve Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.
Chuck Oliver
Wealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!
www.TheHiddenWealthSolution.com