What Millionaires and Billionaires Do to Protect Their Wealth From Taxes

In this week’s Hidden Wealth Reviews, I teach what millionaires and billionaires like Donald Trump and Elon Musk do to protect their wealth from unnecessary taxes and what you can do about this as well. I also teach you why right now is the time to act and why waiting will be costly.

In a recent interview, Elon Musk said that the $2 trillion he announced he could trim from the federal budget is now looking more like $1 trillion. According to the latest reports, inflation is not coming down as many people believed it would. The continuing higher interest rates are negatively impacting the economy.

Since the market bump following Donald Trump’s election, the market has become very volatile. Many economists are now predicting that market volatility will be the new norm.

On Friday, stocks tumbled after a jobs report dampened Wall Street’s expectations for more interest rate cuts from the Federal Reserve. The unemployment rate, which was projected to remain at 4.2%, fell to 4.1% during the month. Just before noon, the Dow Jones Industrial Average was down 627 points (1.4%.). The Standard & Poor’s 500 also shed 1.4% while the Nasdaq lost nearly 2%. Friday’s losses pushed the major benchmarks into the red for 2025. Added to all of this market volatility is the uncertainty about which measures in the tax Cuts and Jobs Act (TCJA) will be continued under the second Trump administration.

If you want to learn what the millionaires and billionaires like Donald Trump and Elon Musk do to protect themselves from higher taxes, go to TaxesSaved.com and request a Saving Tax Optimization Plan (S.T.O.P.) Analysis. This analysis is vital to understanding your tax exposure.

Interest rates are likely to stay higher for longer and federal spending looks as if it will continue to increase overall. According to the Congressional Budget Office, the projections for extending the TCJA and the new tax cuts being proposed by President Elect Trump would add another $4.6 trillion to our deficit spending over the next 10 years.

The reality is that our national debt grows by over $1 trillion every 100 days. The interest alone on this debt exceeds $1 trillion annually. With interest rates remaining high, the cost of servicing this debt will only grow. The one thing you can be certain of is that taxes will not go down quickly especially with higher inflation sticking around longer. There will be higher taxes for many including:

1. Retirees will face higher taxes and will need larger distributions to net the higher amount they need to maintain their living standards.
2. Higher required minimum distributions (RMDs) from tax-deferred accounts.
3. High-income earners will see a greater tax burden with lower deductions and increased tax rates.
4. Small business owners will lose the 20% Qualified Business Income Deduction, significantly increasing their tax liabilities.

Imagine, removing the uncertainty of taxation by removing taxes from your income and assets for good. The way to do this is to learn your tax exposure and then implement the appropriate tax mitigation and elimination strategies using our strategic tax savings team, which is composed of tax and wealth professionals working in tandem.

If you wait to act, you’ll face even bigger balances and higher tax rates when you convert to tax-free accounts such as Roth IRAs or you’ll face higher taxes on your business or real estate sales. Many people hesitate to make moves like selling a business or divesting from real estate because they fear facing high taxes or losing income. By acting now, you can use proven strategies to protect your savings and eliminate unnecessary taxes!

Here are some real-world examples of how these strategies work:

1. One couple came to us concerned about leaving a large tax burden to their family. They used one strategy that provides over a four times tax deduction. Imagine using $250,000 to be able to deduct $1 million of taxable income. By converting all their IRAs to Roth IRAs, they eliminated future RMDs and ensured that their family wouldn’t inherit unnecessary taxes. They went from paying higher taxes annually on withdrawals to enjoying lifetime, tax-free income, tax-free growth and they will pass a tax-free legacy.
2. We helped another client divest out of their personally managed real estate portfolio. They were hesitant to act because of the big tax burden. We helped them transition their sale without taxes and now, by using our tax-advantaged strategies, they don’t have income taxes. We helped them increase their positive cash flow from $27,000 taxable to $96,000 annually – tax-free! Now they have more time and income for family and travel.

Next Steps To Learn What Millionaires and Billionaires Do to Protect Their Wealth From Taxes

If you’re ready to take control, go to TaxesSaved.com and request a Saving Tax Optimization Plan Analysis. This free resource will show you how much tax you can eliminate, either by converting IRAs to Roth IRAs or by finding ways to divest from real estate or a business with less tax.

This coming Tuesday, at my Remove Your Wealth from Washington Webinar, I’ll teach you how to:

1. Convert tax-deferred accounts into tax-free savings.
2. Eliminate unnecessary taxes on income, retirement accounts, your business and your real estate.
3. Protect your savings with proven strategies that work.
4. Take advantage of uncertain times to thrive in 2025.

You work hard for your money, don’t let taxes and volatile markets take it away from you and your family. Request your Saving Tax Optimization Plan Analysis at TaxesSaved.com and then join me this Tuesday at RetirementProtected.com to learn the same strategies that are used by millionaires and billionaires so you can start eliminating unnecessary taxes today!

To join this no-cost, no-obligation financial educational event follow these four steps:

1. Visit RetirementProtected.com.
2. Select the webinar date and time that works best for you.
3. Enter your details carefully—double-check your email address.
4. Click “Reserve My Spot!”

Once registered, you’ll receive a confirmation email with your personal access link for Tuesday’s event.

Note: We serve Baby 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