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Retirement Savings from Socialism
In this week’s Hidden Wealth Review, I teach Baby Boomers and retirees that, if you want to save your serious retirement savings from socialism, the time to get that done is in 2021! Just this week, the Senate passed a $1 trillion infrastructure bill. Although heralded as “bipartisan” this bill only received 19 Republican votes.
Then, at 4:00 AM Eastern Time, while the rest of the nation slept, the Senate spent 15 hours pushing through an additional $3.5 trillion in spending. This bill passed along party lines. It contains a multitude of progressive spending initiatives proposed by Senator Bernie Sanders (I-Vermont).
Bernie Sanders’ $3.5 trillion spending blueprint is the most significant expansion of the federal social safety net in generations and the largest government response to climate change. As usual, Senator Sanders wants hardworking taxpayers and those who have saved well for retirement to pay for his progressive agenda.
This is an all too familiar pattern. You and I, the taxpaying Americans, are expected to pay for all of this out-of-control spending. The takers are now taking from the makers. In a video article out this week, Steve Forbes warns that congressional Democrats are looking for ways to ransack retirement accounts. Click Here to view this article.
Senate Majority Leader, Chuck Schumer (D-New York), has praised the $4.5 trillion in spending, saying that the bills will bring “generational transformation” on how our economy works for the average American. House Speaker, Nancy Pelosi (D-California), has said that she will make sure, when these two bills come before the House, that they will only reflect their priorities.
But the numbers tell a different story about what’s going to happen to the “average American” as a result of this spending extravaganza. Many people are unaware that those who have an adjusted gross income of $44,000 or more, pay 97% of the taxes! A Congressional Budget Office analysis projects billions of dollars more in net expenses than savings.
How Do I Shield My Retirement Savings From Socialism?
If you’ve worked hard and saved hard, you’re a target for higher taxes. The same can be said for those higher income earners, especially those earning $200,000 or more per year. You must act to get your retirement savings safe from socialism. The time to get this done is in 2021!
Tuesday, during my Wealth Protection and Preservation Webinar, I will teach you concepts, strategies and proven solutions with track records of measurable results. Let me teach you how you can enjoy upside market gains without suffering downside losses. I also want to teach you about a little-known tax deduction that qualified investors can use to offset the cost of a Roth conversion. But you must hurry, some of these concepts and strategies may not be with us for much longer.
You’ve worked hard for your money. Imagine, more financial success, less stress, less worry and less tax. Now is the time to get your retirement savings safe from socialism!
To register for Tuesday’s no-cost, no-obligation, log on and learn financial educational event, simply 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 your email address.
- 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!
Joe 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 or those who have saved $1 million or more benefit the most from our proven solutions with a track record of measurable results.
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.
Spouses and Significant Others are Encouraged to Attend This Event Together
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.
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!