IRA tagged posts
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How To Reduce Taxes In Retirement
08/17/2019
Finance 
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Tax planning for retirement
Credit: Getty Royalty Free
Stephen Nelson, a wealth manager at Aldrich Wealth in Carlsbad, Calif., has some very good advice here to reduce taxes in retirement: even though you may be retired, the taxman is ready to take a slice of your Social Security and retirement fund payouts. How can you minimize his cut and reduce taxes in retirement?
Larry Light: With boomers retiring every single day, how can they minimize their tax bill in retirement to keep more money in their pocket?
Stephen Nelson: Some people in retirement find out that they actually pay more in taxes than they did when they were working...
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Retirement Crisis: How to Create One
06/14/2019
Finance -
Long-nosed skunk- retirement crisis smells Humboldt’s hog-nosed skunk (Conepatus humboldti) searching for food in Valle Chacabuco, Patagonia, Chile
Read MoreRetirement Crisis! Citizens of the world! The press is misleading you on retirement savings!
A worrying new study from the World Economic Forum predicts a retirement crisis with “retirees might run out of money 10 years before they die,” according to Bloomberg News coverage. The World Economic Forum calculates that the average 65-year old American has only enough savings to cover 9.7 years of retirement income out of a nearly 20-year expected retirement. Results for other countries are similar.
As usual, headlines from the credulous news media pile up: “Japanese women face retirement savings gap of almost 20 years,” says the Japan Times...