There are four phases of retirement planning:
– Contribution phase
– Accumulation phase
– Distribution phase
– Transfer phase
As you look at your options in the contribution phase, not all vehicles are created equally.
The worst way to save?
Taxed-as-earned vehicles, like regular savings accounts with banks and credit unions and mutual funds.
You put in after-tax dollars; you pay taxes on the interest and dividends every single year; any gains are taxed; and when you die, it’s taxed again.
I can show you a better way.
Learn about it in my book, “The LASER Fund.” Claim your free copy by clicking on the link below or visiting laserfund.com.
Contribute a nominal amount towards shipping, and I’ll cover the rest. #shorts
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