Missed Fortune Super Blog

A Savings Vehicle That Makes All the Difference

Missed Fortune – Why Your Taxes Might Skyrocket in Retirement

Posted on | December 24, 2009

For so long we’ve thought that 401(k)s and IRAs and other tax-deferral vehicles were the best way to save for retirement.

Unfortunately, many retirees are finding that they’re in a higher tax bracket during retirement, which means that the tax-deferral strategy is back-firing on them.

In other words, it’s not enough to just have tax-deferred growth; you must also have tax-free withdrawal, which the Missed Fortune strategies provide.

Watch the following video to learn why you may be in a higher tax bracket when you retire:

*If you are getting this feed in RSS or email and cannot see the video, please click on the header to view it on the blog.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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