Prestige Financial Group

https://youtu.be/OysyVrrp7bI

The Traditional 3 Legged Stool of Retirement is a bit unstable. Pensions are becoming more and more rare and Social Security is typically not enough to cover all living expenses. That leaves most people relying on Personal Savings. And most Americans are not on track. Shockingly, the average 401(k) balance of those aged 65 to 69 is only $206,819. Even if you still apply the aggressive 4% rule, that still only allows for an annual withdrawal of $8,272 per year. All of which would be subject to income tax.

This is going to be a great call! Join if you or somebody you know is interested!

Growing a nest egg for your future is critically important. However, many people do a better job of saving for Uncle Sam’s future than their own. Consider the future taxation of where you are currently saving money. We all have a duty to pay taxes, but we are not obligated to leave the IRS a tip. (Side note, ALWAYS tip your server at a restaurant ).