Monday, December 7, 2015

Stop Contributing to It and Start Living on It

Dutiful savers cannot presume that their nest egg will support their lifestyle throughout a long and active retirement. Without a comprehensive distribution plan, most Americans face the real possibility of out-living their money.

First, most investors don’t realize that the Federal Government is the primary beneficiary on their retirement accounts and if they don’t take steps to “disinherit” Uncle Sam, they stand to sacrifice 35 to 80% of their nest egg to taxes. What is the point of reaping high rates of return and accumulating a huge balance if you’re just going to hand it over to the IRS?

Second, Americans can out-live their money by spending too freely, especially early in retirement. Their rate of withdrawal is excessive, in part because many of us don’t expect to live as long as we do. Studies show that Baby Boomers of sound mind and body may need to stretch their assets over three decades.

Finally, a great danger to a retirement plan is the unforeseen, economic and political elements that can sabotage even the best-laid plans. The unforeseen can also include what are termed Black Swan event trends that are impossible to predict yet have profound and lasting effects on world economies. Examples are the terrorist attacks of September 11th, the bursting of the dot-com stock bubble in 2002 and the sub-prime mortgage meltdown that precipitated the recession of 2008. All of these Black Swan events reverberated throughout the economy and undermined retirement plans.


THERE IS A SOLUTION
The distribution specialists at America’s Tax Solutions™ can help protect your nest egg through a comprehensive strategy that will GUARANTEE for you a lifetime stream of income that maximizes your life savings. Your America’s Tax Solutions™ retirement distribution specialist is an expert in retirement investing and distribution. He or she will guide you toward the retirement of your dreams, while guarding you against the tax hits and Black Swan events that can sabotage your plans.

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