Retirement Planning: 3 Strategies to Reduce Your Retirement Taxes and Save $70K

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Retire with Purpose from Howard Bailey Financial

Retire with Purpose from Howard Bailey Financial

Күн бұрын

Retirement Tax Strategies: Questions about tax-efficient retirement savings? This video delves into the most tax-efficient ways to save for retirement and generate tax-efficient income. We'll explore different tax-saving strategies, including understanding your tax buckets, using Roth IRAs, HSAs, and annuities, and maximizing after-tax retirement income. If you're a high-income earner nearing retirement, this video will provide actionable insights and strategies tailored to your unique financial situation. Watch to learn how to save more on taxes today and for the rest of your life.
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Dive straight in:
00:00 Introduction to Tax-Efficient Retirement Savings
02:00 Using Tax-Efficient Retirement Accounts
04:01 Reducing Taxes with Long-Term Capital Gains and Real Estate
06:08 Understanding Tax Implications of Savings Vehicles
08:11 Utilizing Roth IRAs and Life Insurance for Tax-Free Income
10:25 Strategies for Maximizing Tax Benefits in Retirement Savings
12:35 Minimizing Estate Taxes with Trust Structures
14:43 Creating Tax Diversification for Income Flexibility
16:50 Maximizing Deductions and Contributions in Retirement Accounts
18:47 Diversifying Savings with Tax-Free Options
#retirementplanning #retirementtaxes #investmentstrategies #taxsavingtips
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DISCLOSURE:
Investment Advisory Services may be offered through Howard Bailey Securities, LLC, a registered investment adviser. Working with Howard Bailey Securities, LLC, cannot guarantee investment success or that specific financial goals will be achieved. For more information on professional designations, visit finra.org/investors/professional-designations.

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