Want a Tax-Free Retirement?

Texas Trusted Advisors Has Solutions 

You’ve done everything you are supposed to when it comes to finances—saved, invested, made sure you have a 401(k) or pension plan. Even with a smart retirement strategy, three things can threaten that goal: health, taxes, and market risks.

Health: While we all hope for a healthy retirement, our later years could involve around-the-clock caregiving. When circumstances call for 24/7 care, that’s exactly what it means. All too often, kids do not live close to their parents, which creates a new set of problems and expenses. Most people do not want to be a burden to their spouses or children, who are dealing with their own lives.

Taxes are another big concern whether you are a Democrat or a Republican. With the national debt at $30 trillion, only higher taxes and Financial Martial Law will foot the bill. Financial Martial Law gives the government the right to seize and freeze checking and savings accounts, certificates of deposit, money market accounts, mutual funds, 401(k)s, and 403(b)s for the betterment of the United States. If we can show you how to limit your tax exposure and protect you from Financial Martial Law, you could gain up to 30 percent savings on your retirement account.

Market Risks: The stock market has made some people rich while leaving others broke. High debt and rising interest rates are good indicators of a falling stock market. If you are 60-85 years of age, ask yourself if you can afford to lose 20, 30, or 40 percent of your retirement account.

Despite these obstacles, there are ways to protect savings and retirement funds. The solution is understanding how putting dollars in secure places can secure your wealth and well-being and provide you with a guaranteed income for life.

PROTECT YOUR ASSETS

One way to secure your assets is by rolling over your individual retirement account (IRA) or 401(k) into protected investments such as indexed annuities. You can also purchase an indexed universal life insurance policy, which includes a tax-free retirement, compound interest, and living benefits like home health and special care. If your good health qualifies you, this policy will provide tax-free growth, tax-free benefits, and tax-free retirement. Your property tax can also be deferred when you reach 65 years or older, and it will be paid back when you sell your home or have passed away.

Texas Trusted Advisors has been helping people for more than 40 years and can be reached at 512-261-7660 for a free consultation. Visit their website to learn more.

This is the first in a series of articles to give readers peace of mind when it comes to finance. Stay tuned for next month’s article that will talk more about ways to protect your assets and ensure a successful retirement.