Missed Fortune – Taxed-As-Earned & Tax-Deferred Versus Tax-Free
Posted on | November 12, 2009
A dollar doubling every period for 20 periods will grow to $1,048,000 if it is growing tax-free.
But if it’s taxed-as-earned, assuming a 25% marginal tax bracket, that money will only amount to $72,000. And in a 33% tax bracket, it would only be worth $27,000.
If that money grows on a tax-deferred basis, it will only be worth $666,000 when you withdraw.
It’s critical that you harness the power of compounding interest on a tax-free basis.
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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment
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3rd Party Reviews- I would recommend anyone looking to accumulate money with lower risk should attend – Review #141
- It’s like our eyes have been opened to the mystery of financial strategic planning – Review #140
- This kind of presentation should be a part of a curriculum – Review #139
- It was a really eye opening experience – Review #138
- Those who come must come prepared to change their lives – Review #137
- I came away with lots of golden nuggets – Review #136
- I’ve known a lot of very wealthy people who were using these types of strategies – Review #135
- We have already been recommending this seminar to friends – Review #134
- I’m excited at the prospects that lie ahead and look forward to learning more about Doug’s abundant living approach to retirement – Review #133
- I was amazed how Doug Andrew could impart so much information – Review #132
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February 10th, 2010 @ 1:27 pm
I understand the concept and would like to know how to find out what specific products are offered to execute this
strategy.
I will be out of the country for one week, but look forward to a reply when I return. Thank you.