The Ultimate Guide to Tax-Free Income in Retirement

[@marylambert5038]

My youngest daughter is disabled and the risk of her running out of inheritance is a real concern. I appreciate you putting together all of your videos ... they help a great deal in understanding ways to protect and grow our nest egg for her.

[@missedfortune]

Glad to be of help. I offer a lot more insights in my book The LASER Fund. Don't worry, this is FREE. Here's the link : www.laserfund.com

[@johnhale5271]

Proceed with caution. Do your own DD. Not advisable to take recommendations from any KZbinrs or internet gurus. That is as politely as I can say it.

[@missedfortune]

Yes. We agree! That’s why, when someone works with us, we have an 8 step process that usually takes around 30-60 to ensure a proper design and education on the risks, downsides, upside, and savings of what we teach here. Our clients are very educated on everything before a transaction of any kind is coordinated.

[@lingeng2659]

One's health is more important than paying less taxes.

[@mathierocker6900]

The penalty for not taking an RMD when required is NOT 50%. It is 25%; 10% if timely corrected within two years.

[@rcDoom]

Bravo 🎉 your information is awesome

[@delwoodkelp8590]

Yes, follow his advice and end up being depleted by massive fees for everything he suggests you purchase.

[@missedfortune]

Glad it was helpful!

[@purplegh0st311]

I learned something new today

[@FeedbackNegative]

Which was…?

[@irinapoova555]

What did yu learn? He didn't say anything useful so far except that pay shipping for ghe book?

[@purplegh0st311]

@@FeedbackNegative if you have an IUL, when you collect the money, it’s tax free. I originally didn’t know this. Now I know. Therefore I learned something new. Make sense?

[@CoachTrainingAcademy]

Doug do you know of any type of laser funds for canadians? Thank you

[@missedfortune]

There is a way to use insurance in a similar manner as that laws are different in Canada. Instead of being able to take loans from insurance companies against your policy for tax-free access, you must borrow from a bank and use the policy for collateral. You can check with an insurance specialist and tax specialist in Canada to get the specifics on how this can be done.

[@toantruong7901]

When we have recession, housing prices go down but rental market goes up because people delay buying homes.

[@graciethecat2181]

Why haven’t I haven’t heard of laser funds before?

[@graciethecat2181]

Twenty-five minutes of video to say watch his other videos.

[@missedfortune]

If you’d prefer to have a conversation with someone who understands this, you can speak to an IUL Specialist we work with directly by selecting a time slot here: 3dimensionalwealth.com/getstarted

[@igorkot5895]

So, how money in green backet are not exposed to market volatility? Yes, there will be no taxes for profits in there, but market volatility still will be there.

[@gbuggy006]

Rental income is not valued on the value of the property, but the rental market supply & demand.

[@nysteelhorse]

I'm uncomfortable with the number of "ifs" in his solutions. By that I mean, they've always talked about increased tax rates. But the changes I've seen over the last few decades have been minimal and if you're positioned correctly, can be advantageous. And real estate markets are absolutely location driven. In NYC, we are well insulated from many of the exposures of other markets. So I need to carefully consider these opinions.

[@michaelohara2161]

My building trades pension credit year, though it had a few better years, is $96 per month, per year worked. For example: 35 years x $96=$3360 per month Years of service vary. Pension can be taken at 57. Many work longer. Add to that social security. If you take social security at 62, at 70% of full retirement, you can also make approx. 22,000 at work, before giving back ss dollars. Be careful of financial planners wanting a piece of that.

[@annm.7176]

401Ks are not taxable until you take them out which you can take out a little bit when you're retired and it won't kill you

[@davegalloway4160]

there are no income limits for a roth 401ks.... and there is no income limit for a roth conversion... roth accounts are great vehicles

[@annm.7176]

Mine isn't taxable because I don't take an income except social security but I also don't eat very good. We have such a mess in this country

[@88888gerald]

if he says nothing...he is lying...

[@bw4ut]

Wow 😂

[@enrique145]

You mention the 2008 crisis multiple times and the destruction of wealth in the financial and housing markets, yet fail to mention that the insurance and banking industry were at the epicenter of the crisis. If an insurance company fails and I am invested in your LASER funds, then I am not only down on my investment but completely wiped out. Make that double wiped because I would still owe the money borrowed on those policies. This thing is the worst advice I have ever heard. Guys, keep your 401Ks and don't come to KZbin to get money advice from anyone. The internet democratized information and also very very bad ideas.

[@mbvmanagement3716]

It is more like self promoting paid services than useful advice. All it did was to recommend to roll over into Roth IRA. Change the title of this video.