Stock Market Volatility
You may be heavily invested in stocks as they approach retirement which could result in large losses to your investments.
Longevity
With improvements to medicine and health care, retirees may live 20-30 years into their retirement and sometimes even longer.
Income Taxes
The majority of taxes, a staggering amount of 86%, solely comes from the Top 25% of income wage earners in America.
Who exactly are the wealthy?
If you make more than $79,000 a year in combined income, you are already included in a group of individuals likely paying the majority of taxes in America. With that amount of income, you are considered to be in the Top 25% of wage earners.
You account for 86% of the tax revenue that is generated for the government! The wealthy understand this and are implementing strategies that reduce, or completely eliminate, taxes all together while in retirement.
Given the ever-increasing national debt with the recent government bailouts and the funding issues surrounding Social Security and Medicare, the wealthy are even anticipating that tax rates are likely to go up in the future.
Free Guide: How to Escape the Retirement Tax Trap
Ever wonder what the most successful, wealthy people are doing to build their wealth? This consumer guide shows you exactly what they are doing and outlines the steps you need to take to implement these strategies yourself. This is a must-read for anyone who is serious about positioning themselves for financial success.