Let’s say the Joneses defer $500,000 in a 401(k) earning 7.2%. Great—it doubles to $1 million in 10 years. At retirement, they want to live off the interest: $72,000 a year.
But here’s the catch: it’s all taxable. In a 33% combined tax bracket, they lose $24,000 to Uncle Sam—netting just $48,000.
That’s only $4,000 a month for basic living expenses.
There’s a better way.
If you’re serious about long-term, tax-free growth, claim a FREE copy of The LASER Fund at laserfund.com. I’ll cover the book—you just cover shipping!
#shorts
#3DimensionalWealth
#FoundationalHealth
#IntellectualHealth
#FinancialHealth#shorts
#3DimensionalWealth
#FoundationalHealth
#IntellectualHealth
#FinancialHealth