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How Harris Could Cost You $100,000 in Retirement

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Mon, Aug 12, 2024 10:58 AM

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You are receiving this email because you signed up to receive our free e-letter the Wealth Whisperer How Harris Could Cost You $100,000 in Retirement 08/12/2024 Brace yourselves, hardworking Americans. Your retirement savings are under siege. It's November 2024. Kamala Harris has clinched the presidency. Your nest egg? It could shrink by $100,000 over the next decade. This isn't fear-mongering. It's math. While Trump has vowed to eliminate Social Security taxes, Harris is eyeing your wallet. Her plans to expand benefits sound nice, but guess who's footing the bill? You are. Higher payroll taxes… Increased retirement age... Your hard-earned savings dwindling before your eyes. But here's what the liberal media won't tell you: Smart investors aren't losing sleep over this potential retirement nightmare. [They've discovered a strategy that delivers $2,500 to $3,900 in tax-free monthly income](. Harris's plans? They can't touch it. As we dissect the Trump vs. Harris retirement battle, remember this: True financial independence means not relying on Washington's whims. Ready to safeguard your golden years from big government overreach? Let's dive in. Trump's Retirement Shield: Protecting Your Hard-Earned Dollars Donald Trump isn't just talking about making America great again. He's promising to make your retirement greater, too. His big move? Eliminating income taxes on Social Security benefits. Let that sink in. Right now, up to 85% of your Social Security checks could be taxed. Trump wants to change that. In a recent interview with Fox News, Donald Trump highlighted the shrinking purchasing power of your retirement. For the average retiree, this could mean an extra $4,000 to $5,000 in their pocket every year. Over a decade? We're talking $40,000 to $50,000 more for you, not Uncle Sam. But Trump's not stopping there. He's also targeting the payroll tax. His plan is to slash it, putting more money in your paycheck now and potentially boosting your future benefits. Critics cry foul, claiming this will drain Social Security's coffers. But they're missing the point. Trump's strategy is about empowering you, the American worker and retiree. It's about trusting you with your own money, not Washington bureaucrats. Is it bold? Absolutely. Is it what hardworking Americans deserve? You bet. He summed up the contrast between him and Democrats succinctly: "They are going to destroy Social Security because millions of people are coming into our country, and they're putting them on Social Security. They're putting them on Medicare." And he’s not wrong. Immigrants who legally live in the U.S. are entitled to Social Security benefits if they achieve enough work credits. Illegal immigrants are barred from them unless they receive temporary permission to stay and qualify for Supplemental Security Income benefits. That’s a pretty big loophole right there. And one Kamala Harris plans to jump right through. SPONSORED CONTENT [Have You Seen This $11 Trillion 'Tech Strip?']( While many folks today are wondering what to do with their money… a revolutionary “sheet” of new technology has quietly sparked an $11 trillion tech revolution. Investors who get in FIRST have a rare chance to position themselves in front of a tsunami of profits. [Click here to see how anyone can profit fast.]( [Click Here to Read More...]( Harris's Retirement Roulette: Your Savings at Stake While Trump aims to put more money in your pocket, Kamala Harris has a different plan. And it could cost you dearly. Harris claims she wants to "protect and expand" Social Security. Sounds good, right? Think again. Her version of "protection" comes with a hefty price tag. Here's what Harris isn't telling you: - Higher Taxes: She supports raising the payroll tax cap. Translation? If you're a successful American, prepare to pay more. - Benefit Changes: Harris backs switching to the Consumer Price Index for the Elderly (CPI-E) for calculating cost-of-living adjustments. Sounds technical, but it could mean smaller increases in your benefits over time. - Expanded Benefits: This might sound good, but remember: expanded benefits means expanded costs. And those costs will come from somewhere. Let's do the math: Higher taxes + potentially smaller increases + uncertain funding = A shaky foundation for your retirement Over a decade, these changes could easily cost you $100,000 or more in increased taxes and lost benefits. Sponsored Content [7 Once in a Decade Buying Opportunities]( Eric Fry has been right about a lot of stock picks. 41 recommendations that increased over 1,000%. Another 20 that went up more than 500%. He's good. So if he releases a surprise list of 7 companies he expects to win big in 2024, you can't afford to miss it. The research is available in a new report that is available...FREE. [You can download it today.]( [Click Here to Read More...]( Securing Your Retirement: Beyond the Ballot Box Trump wants to let you keep more of your hard-earned money. Harris wants to redistribute it. Trump believes in empowering individual Americans. Harris puts her faith in big government solutions. Trump's plan could save you tens of thousands. Harris's could cost you even more. So, who’s going to lead the nation over the next four years? Until Joe Biden took a swan dive on national television, Trump’s return seemed like a sure thing. Now, things are a lot more competitive. Fortunately, you don't have to leave your retirement security to the whims of voters. While Trump and Harris battle it out, forward-thinking retirees are quietly securing their financial futures using a little-known strategy. This isn't about choosing sides. It's about choosing financial independence. [Imagine collecting $2,500 to $3,900 per month in retirement: completely tax-free.]( No matter who wins in November. No matter what happens to Social Security. No matter how much the government meddles with the tax code. This might sound like fan-fiction, but it's 100% real and IRS-approved. This strategy allows you to: - Grow your wealth tax-free - Withdraw income tax-free - Pass on your legacy tax-free It's the trifecta of retirement planning that Washington doesn't want you to know about. Why? Because it puts you in control, not them. [#1 A.I. Software to Find What to Trade]( With thousands of assets to choose from, filtering through these to find the most promising ones can be daunting. What if I told you there is a search engine like the one you love and trust, but designed for traders like you to search and dominate the markets by accessing the most timely and accurate information? If you’ve never traded with predictive analysis or leading indicators... If you feel like you don’t have the time (or knowledge) to properly conduct thorough research and analysis... [Come learn (for FREE) the #1 A.I. to find what to trade.]( [Click Here to Read More...]( The Best of Both Worlds With this approach, you can: - Benefit from Trump's tax cuts if they happen - Protect yourself from Harris's potential tax hikes if she wins - Secure your retirement regardless of political outcomes It's about creating your own "personal economy" -- one that's resilient to political shifts and market volatility. The Time to Act Is Now As the 2024 election looms, one thing is clear: Waiting for politicians to secure your retirement is a fool's game. Whether Trump slashes taxes or Harris expands benefits, your financial future is too important to leave in the hands of Washington bureaucrats. The smart move? Take control now. Discover how you can implement this tax-free income strategy and secure your retirement, regardless of who takes the White House. Don't let your golden years become a political football. Act now to ensure your retirement is truly yours -- come what may in November 2024. Ready to learn more about this game-changing strategy? Click here to get your free copy of the "Tax-Free Income for Life Strategy™" report. Your future self will thank you. To Your Wealth, The Wealth Whisperer Team About Us: Eagle Financial Publications is located in Washington, D.C. – only a few blocks from the Capitol. Our products have been helping investors build their wealth for several decades. Whether you’re a long-term investor or short-term trader, you’ll find the right strategy for you, including how to earn more steady income to spend now, preserve and grow your capital to enjoy later, and whatever other investment goals you have. Visit Our Websites: - [StockInvestor.com]( - [DividendInvestor.com]( - [DayTradeSPY.com]( - [CoveredCall]( - [MarkSkousen.com]( - [GilderReport.com]( - [BryanPerryInvesting.com]( - [JimWoodsInvesting.com]( - [InvestmentHouse.com]( - [RetirementWatch.com]( - [SeniorResource.com]( - [GenerationalWealthStrategies.com]( - [InvestInFiveStarGems.com]( - [[YouTube] Visit our YouTube Channel - Eagle Investing Network]( To ensure future delivery of Eagle Financial Publications emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. This email was sent to {EMAIL} because you are subscribed to Wealth Whisperer. To unsubscribe from this list please click [here](. To stop receiving emails simply click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). View this email in your [web browser](. Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. Eagle Financial Publications - Eagle Products, LLC. - a Salem Communications Holding Company 122 C Street NW, Suite 515 | Washington, D.C. 20001 [Link](

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