What Does The New York Stock Exchange Nyse Do Answers.Com New Book Teaches Wise Retirement Planning and How to Pay As Few Taxes As Possible

You are searching about What Does The New York Stock Exchange Nyse Do Answers.Com, today we will share with you article about What Does The New York Stock Exchange Nyse Do Answers.Com was compiled and edited by our team from many sources on the internet. Hope this article on the topic What Does The New York Stock Exchange Nyse Do Answers.Com is useful to you.

New Book Teaches Wise Retirement Planning and How to Pay As Few Taxes As Possible

How should you invest your money? Should you contribute to your company’s 401k, put money into a Roth IRA, or just buy mutual funds? Can you expect to receive money from Social Security when you retire? How much of your pension money will the IRS take in taxes? These are important questions that Rick Rogers expertly answers in The New Three-Legged Stool, with clear explanations accompanied by practical, concise instructions for making the most of the money you have. Readers will refer to this tax-advantaged retirement planning approach again and again.

The “new three-legged stool” refers to the three types of investments you must have and balance properly to support your retirement. These three investments are tax-deferred savings, after-tax savings, and tax-free savings. Rogers explains to the reader why each of these types of savings is important, how to invest in it, and how to withdraw the money to maximize your retirement benefits. Tax-deferred savings include company 401(k) plans and IRAs (including SEP and SIMPLE plans). After-tax savings include mutual funds, bank and brokerage accounts, and investment properties — anything that isn’t technically a retirement account. Tax-free savings are Roth IRAs and Roth 401(k)s, which have no immediate tax benefits. Rogers spends a lot of time explaining the pros and cons of these investments and why you need to strike a healthy balance between all three.

One of the greatest strengths of The New Three-Legged Stool are the examples in the form of various stories of retirees. The book opens with “The Funniest Story Ever Told” about a successful businessman with an estate worth more than $4.4 million. Because the man never consulted a retirement planner or made any effort to plan the estate when he died, his children paid 85.8% of their father’s retirement account in taxes! Many other examples of retirees’ experiences are illustrated in the book, often comparing two people’s strategies to see which one turns out to be more profitable.

In addition to telling readers how to manage their money in accordance with current IRS tax laws, Rogers explains how the IRS operates, why it tries to get as much money as possible on the premise that the US government is not managing its money properly, and the origins of Social Security, and the impending crisis that by 2017, more money will be withdrawn than is deposited into Social Security each year.

Rogers concludes with advice on how to find a good retirement advisor and how to do estate planning, including writing a will or setting up a trust, to protect your hard-earned money so you have enough for the rest of your life and money left for your heirs. Several helpful charts accompany the discussion, illustrating how much money a person will need to live on based on current income, retirement age, life expectancy, and when a person chooses or must draw income from various retirement accounts, including Social Security.

Rick Rogers has produced a much-needed, well-organized, easy-to-read and refreshingly short book (202 pages) that will give readers plenty to think about and plan for, something they will return to again and again. I hope that Rogers will update the book over time so that it remains relevant and that future readers can benefit from it in the same way as the tax laws change.

Rick Rogers is well qualified to provide tax-advantaged retirement planning advice. A twenty-five-year industry veteran, he has published numerous investing articles in publications such as Wealth Manager, has been a guest on television and radio shows, and has been quoted in Investment News and Smart Money magazine. In 1996, he founded Rodgers & Associates to “help families build and preserve their wealth as they prepare for a carefree and dignified retirement.” For more information on Rick Rogers and The New Three Legged Stool, and to contact him for personal investment assistance, visit http://www.TheNewThreeLeggedStool.com

Video about What Does The New York Stock Exchange Nyse Do Answers.Com

You can see more content about What Does The New York Stock Exchange Nyse Do Answers.Com on our youtube channel: Click Here

Question about What Does The New York Stock Exchange Nyse Do Answers.Com

If you have any questions about What Does The New York Stock Exchange Nyse Do Answers.Com, please let us know, all your questions or suggestions will help us improve in the following articles!

The article What Does The New York Stock Exchange Nyse Do Answers.Com was compiled by me and my team from many sources. If you find the article What Does The New York Stock Exchange Nyse Do Answers.Com helpful to you, please support the team Like or Share!

Rate Articles What Does The New York Stock Exchange Nyse Do Answers.Com

Rate: 4-5 stars
Ratings: 5663
Views: 28531831

Search keywords What Does The New York Stock Exchange Nyse Do Answers.Com

What Does The New York Stock Exchange Nyse Do Answers.Com
way What Does The New York Stock Exchange Nyse Do Answers.Com
tutorial What Does The New York Stock Exchange Nyse Do Answers.Com
What Does The New York Stock Exchange Nyse Do Answers.Com free
#Book #Teaches #Wise #Retirement #Planning #Pay #Taxes

Source: https://ezinearticles.com/?New-Book-Teaches-Wise-Retirement-Planning-and-How-to-Pay-As-Few-Taxes-As-Possible&id=2637634

Related Posts

default-image-feature

What Does George Soros See About The U.S Stock Market Struggling Stocks, Booming Commodities

You are searching about What Does George Soros See About The U.S Stock Market, today we will share with you article about What Does George Soros See…

default-image-feature

What Does A Well-Stocked Refrigerator Keep In It For Beverages Smart Refrigerators And Their Benefits

You are searching about What Does A Well-Stocked Refrigerator Keep In It For Beverages, today we will share with you article about What Does A Well-Stocked Refrigerator…

default-image-feature

Was A Jury Used In Stock-Purchase Agreement Lawsuit For Facebook Can a Teacher Be Sued? YES! But Don’t Panic!

You are searching about Was A Jury Used In Stock-Purchase Agreement Lawsuit For Facebook, today we will share with you article about Was A Jury Used In…

default-image-feature

Walmart.Com Saying Everything Is Out Of Stock When Checking Out The Advantages of Same Day Delivery Service

You are searching about Walmart.Com Saying Everything Is Out Of Stock When Checking Out, today we will share with you article about Walmart.Com Saying Everything Is Out…

default-image-feature

What Is The Value Of A Share Of At&T Stock The Ultimate Dividend Playbook by Josh Peters, CFA

You are searching about What Is The Value Of A Share Of At&T Stock, today we will share with you article about What Is The Value Of…

default-image-feature

What Is The Process Of Contributing Stock To An S-Corp What Are Bird Centrifuges?

You are searching about What Is The Process Of Contributing Stock To An S-Corp, today we will share with you article about What Is The Process Of…