The value of 401(k)s, IRAs, and yes, even Roth IRAs, will be drastically reduced by this new law [image-GoldenGate] As one 35-retirement planner said, [âthis is the most devastating law the US government has enacted in my 35-year plus career.â](
[click here]( Thatâs a very strong statement! And damn scary! This recent law is set to significantly reduce the value of 401(k)s⦠IRAs⦠(yes, even Roth IRAs)⦠and even pensions⦠Everything Americans have worked forâ¦Â All that money put awayâ¦Â And the years spent saving. Yes, American retirees are about to suffer a serious blow thanks to Congressâ¦. But thereâs something that can be done⦠[Hereâs How Savvy Retirees Protect Themselves]( Eagle Financial Publications - Eagle Products, LLC. - a Salem Communications Holding Company 122 C Street NW, Suite 515 | Washington, D.C. 20001 © Eagle Financial Publications. All rights reserved. [Privacy Policy]( Hi, Bob Carlson here⦠founder of The Center for Retirement Security. Iâm speaking to you today because the U.S. government recently enacted the most devastating law Iâve seen in my 35-plus years as a retirement expert. This new law is set to significantly reduce the value of your 401(k)s⦠your IRAs⦠(yes, even your Roth IRAs)⦠and even your pension, if you have one of those. Everything youâve worked for⦠All that money youâve put away⦠And the years you spent saving. Congress is taking it away. Trust me, American retirees are about to suffer a serious blow. But donât just take it from me. Look at what The Wall Street Journal reported, and I quote: ââ¦this new law upends 20 years of retirement planning and sticks it to the middle class.â The online media outlet Salon confirmed this: âIf you thought it was a safe bet to put your money into retirement plans over the span of your career for estate planning, think again.â Look, this hits me personally. And it will hit just about anyone with money put away in a retirement plan. And thatâs not the worst of it. David Phillips is a noted estate planner and bestselling author, and he calls it: âthe biggest tax to hit your estate since 1913.â Listen, this new law is set in stone⦠Which obviously gives you very little time to actually do something about it. Itâs no wonder the people I work with are scrambling to save their retirements. They donât want to see everything theyâve worked for taken away. Thatâs why Iâve spent an entire year putting together a new book⦠and Iâm going to give you a copy of it at the end of this briefing. Itâs called the NEW AMERICAN RETIREMENT PLAN. Think of it as your Retirement Survival Guide for keeping the governmentâs new rules at bay. Following its steps wonât just be your best defense against this damning new law⦠It could literally SAVE YOUR RETIREMENT â a hundred times over. As I said, Iâm going to send you a copy completely free of charge today. In fact, on PAGE 62, Iâll tell you the very first move you need to make to save your IRAs and 401(k). (Itâs the first of seven âend-around maneuversâ you can use to stop the government in its tracks when it comes for your retirement money.) And thatâs just for starters. Hereâs an email from a retirement insider contact of mine â which says it all. The subject line of his note reads, â⦠THE TIME TO ACT IS NOW!â He goes on to say, âThe laws⦠are likely to change in a way that will devastate the IRAs, retirement plans, and even Roth IRAs of your clientsâ¦â Email to Bob Carlson Look, itâs downright scary to think what the government has in store for your retirement funds. And itâs high time the truth came out⦠Because weâre now at a crisis point for every American whoâs retired or planning their retirement. And Iâm not going to mince words. Retirement Doomsday is coming â whether youâre ready for it or not. Iâm warning you now, because I donât want a single person left behind when it hits hardest â and starts tearing apart your 401(k)s, IRAs and Roth IRAs. So if you want to save your retirement account â and keep the IRS from confiscating 30% or more of it⦠I urge you to pay close attention. June 2024: Your Retirement Plan is about to Get Whipsawed Most people have no idea this legislation was fast-tracked through Congress. The U.S. Capitol With everything happening in the world right now, itâs getting even less coverage than it would in normal times. The House passed it by an overwhelming margin. Only 3 of 420 elected representatives voted NO⦠and 15 reps didnât even bother to show up. The bill stalled for a while, before breezing through the Senate, then getting signed into law by the President. The whole thing happened very quickly⦠Just 1,500 feet away from my 5th floor office at The Center for Retirement Security. And now⦠the retirements of so many Americans⦠are about to go up in smoke. As the local DC Report just published in a scathing piece: âCongress Targets Middle-Class Retirement Savings.â Yet, virtually nobody outside Washington in mainstream America saw this coming. So let me paint you a picture of what this all means. Letâs say youâre a 62-year-old who has socked money away all your life. Youâve done so to ensure a comfortable retirement, on your own terms. Whatâs more, you want to extend your retirement savings to your loved ones after you pass on. That includes your 401(k)s⦠traditional IRAs⦠even your Roth IRAs. Naturally you want your hard-earned (and growing) money to last as long as it can, and â just the same â to get taxed as little as possible. Brace yourself. Because the rules weâve grown accustomed to are getting completely upended by Congress. Iâm talking about the same laws that have helped make the growth of our nest eggs possible! Put plainly, Congress is changing the retirement rules, in a severe way. This time wonât be the last, either. And too many retirement-age Americans are going to suffer for it. As The Wall Street Journal reported, ââ¦Congress canât wait to get its hands on Americaâs retirement-account assets.â In short, what the government wants to do is strip the value of your IRA or 401(k) before you can pass it along to your family. Yet, the shocking thing is, they think of this as a good thing! One U.S. Congressman â Kevin Brady (R-TX) â put it quite bluntly⦠Kevin Brady And thatâs just from one side of the aisle. Also in the House, thereâs Majority Leader Steny Hoyer (D-MD), who said⦠Steny Hoyer Of course, considering todayâs polarized and dysfunctional Congress, you may be wondering: How did this law even get passed? Valid point. But hereâs the thing: These bloodsuckers just want more money. Thatâs the cold, hard truth. And theyâll do anything to get it. Which is why Iâm sounding the alarm⦠to let as many people know that the TIME IS NOW to revamp your retirement plans. You simply cannot risk your life savings by not acting. When this new law really kicks in, youâll come to know this as fact⦠Uncle Sam Is After Your Retirement Money And it doesnât even matter how much or how little you have. If your moneyâs in a 401(k)⦠theyâre coming for it. If itâs in a traditional IRA or a Roth IRA⦠theyâre coming for it. Heck, if itâs in your kidsâ or grandchildrenâs college funds⦠theyâll come for that, too. The Wall Street Journal summed it up like this: ââ¦a college planning nightmare for middle-income parents.â As I said, theyâre hot on the trail. Only this time, itâs not just your money theyâre after. Itâs also your heirsâ money thatâll get looted. In other words, your legacy is under attack. And thatâs just the first in a series of nefarious plots theyâre planning. Truth is, the government needs to raid our retirement funds now more than ever. Of course, Congress never passes a bill thatâs painful for citizens⦠Without making it seem like a benefit. They want you to read the headline. But not the substance. In this case, theyâre working to expand every Americanâs access to retirement plans⦠along with making these plans more flexible and less expensive. Seems nice, and rather generous, right? Sure. Until you get to the dark underbelly. The part that undermines and undercuts your hard-earned savings. The part that puts an end to the rules that have actually helped us all this time. That means you have precious little time to protect your 401(k)⦠your IRAs⦠and your Roth IRAs from Uncle Samâs â2020 heist.â You want to act right now⦠Before they get the green light to ravage your retirement. Before your family gets hit with massive and accelerated income taxes. Fortunately, Iâve identified a handful of solutions. And the best place to start, Iâve found, is knowing how we got here in the first place. They Set âThe Trapâ Decades Ago. Millions Are About to Get Caught in it. In the 1970s, retirement savers were handed the gift of a lifetime when traditional IRAs became available to the public. Back then, the maximum contribution was only about $1,500. Over time, the maximum contribution increased, as did the number of Americans who participated. A few years later in 1978, the 401(k) was established. American workers fell in love with this plan. And the love keeps spreading â with as much as $5.8 trillion currently wrapped up in 401(k) assets. And by the time the Roth IRA became law in 1997, retirement savers acquired yet another way to prepare for their golden years. Armed with these new savings strategies, retirees now had what no one couldâve predicted⦠Three unique, tax-advantaged, wealth-building strategies. A blessing, to be sure. Until, of course, itâs not⦠And that day has arrived. You see, America has roughly 75 million baby boomers. Thatâs almost one quarter of the countryâs population. Many of whom â over the past few decades â have contributed as much of their paychecks as possible into their Roth IRAs, traditional IRAs, and 401(k)s⦠Thatâs literally trillions of dollars tied up in these retirement vehicles. Yes, trillions. And those baby boomers â maybe youâre one of them â are starting to retire. More and more each year, in fact. And all those nest eggs? Theyâre getting cracked open. To pay for retirement expenses. College tuition. Weddings. You name it. So think for a second how youâd feel⦠Needing immediate access to your nest egg â but suddenly discovering⦠Congress Just âRaised the Tollâ to Tap Your Retirement Accounts (Youâre Paying MORE to Get Your Money) Get ready for the new normal. Itâs going to cost you more to tap into your retirement funds. Talk about getting fleeced! You see, Congress has no choice. Not with how much debt theyâve run up over the years. Not when faced with Social Securityâs trust fund running out in 2034. And certainly not with Medicare getting more expensive each year, as baby boomers get older. No, Congressâ plans â however fiendish and diabolical â are simple. If they want to pay the bills⦠They have to come for your money â a âcash grabâ of the highest order. In other words, Congress giveth. And, now, Congress taketh away. For decades, they gave us all kinds of tax incentives to put as much money as we could into retirement accounts. Today theyâre putting the screws to us⦠by increasing the tax charges for taking that money out. And it doesnât end there. Weâve just seen the first of a series of actions by Congress and the I.R.S. All specifically designed and directed to increase taxes on all retirement accounts and IRAs. It could even prevent you from qualifying for financial aid for your college-bound kids. (I explain how on page 187 in the NEW AMERICAN RETIREMENT PLAN.) Plus, thereâs evidence pointing to one of retireesâ biggest fears coming true⦠That future Roth IRA distributions wonât be what they were intended to be all along: Tax-Free. I donât know about you, but it all scares the living heck out of me. And what Iâve just described isnât even the most urgent news! As I said earlier⦠The bill that steamrolled through Congress has now taken effect â with a mandate so crippling⦠Americaâs retirement dam will effectively burst. And the aftermath? Catastrophic. People whoâve worked most of their lives⦠Played by the ârulesâ⦠Saved for college, and saved for their retirements⦠Are about to face a day of reckoning. Millions of Americans will see an extra tens of thousands⦠hundreds of thousands⦠even millions of dollars â taxed away. The great retirement blood-letting has begun â and it gets even worse in the coming years. So not only are you being screwed NOW⦠The same will be true for your heirs and their future generations. Mark my words. This is just the beginning, folks. Itâs hatchet job number one in a string of similar actions Congress has planned â to seize more and more of your retirement nest egg. Iâve seen this coming for a while now. Thatâs why Iâve spent the better part of 12 months putting together the NEW AMERICAN RETIREMENT PLAN⦠To protect as many of my family members, friends, readers, business associates â and regular investors â from the devastation thatâs coming. In my new book, I detail exactly how to keep the IRS OUT of your retirement accounts. Iâll show you how to protect your money⦠but ALSO how to grow your money substantially. And in a minute, Iâll show you how to get a free copy. But first, youâre probably wondering⦠Why Havenât I Heard About This Retirement Doomsday Event In the News? For starters, the ânewsâ is hardly news anymore. To get the truth, you canât pay attention to all the agenda-driven talking heads poisoning TVâs airwaves. You have to search it out for yourself. It wonât be handed to you on a silver platter. And I really donât care which side of the fence you sit on, politically speaking. Thatâs not why Iâm sounding the alarm today. My message is clear and free of bias. And it boils down to this: If youâre at all concerned about your retirement finances, youâll put the ânoiseâ you hear in the news to the side. And youâll make sure you have all the facts â BEFORE this Retirement Attack takes hold over the next few months. Iâm talking about the same facts, and the exact series of steps Iâm personally using to protect my own family. Bottom line: Iâm going to rush you a copy of my new book, the NEW AMERICAN RETIREMENT PLAN. I wonât charge you for it. Iâm doing this because Iâm convinced the strategies laid out in its pages will help Americans save their retirement finances in a multitude of ways. Now Iâm not the only retirement expert pounding his fist right now. David Phillips is a highly regarded estate planner with 42 yearsâ experience. Heâs also a trusted friend. Like me, David kept close tabs on every formal and nuanced step of this legislation. And when he confided that this congressional money grab could be the biggest tax hit to Americansâ retirement plans in over a century⦠Sadly, I couldnât agree more. Most Americans havenât seen it coming. They wonât really know it until they see their retirement funds start vanishing from over-taxation. And theyâll be left feeling utterly shellshocked. The stages will roll out like the sudden death of a loved one and the grieving that follows. First, the denial. âThis cannot be legal. Not in MY America!â Next up: anger. âHow can the government break its promise to me, after all the work Iâve put in to save for my retirement?â Then comes the feelings of helplessness. âIf only I had paid more attention, I couldâve kept my nest egg⦠kept more of my money for retirement⦠for my kids and their kids.â And by the time the final stage â acceptance â strikes⦠The damage is done. As I tell my readers, whatâs coming down the pike is NOT a pretty picture. And unfortunately, this new law is already at work. But thereâs still time to protect your money â if you act swiftly. So again, hereâs what Iâm doing to help. Iâm sending you a FREE copy of my NEW AMERICAN RETIREMENT PLAN. In it, youâll learn the best ways to defend yourself from this imminent Doomsday event. And Iâll show you the most powerful (100% legal) solutions to every challenge and every obstacle⦠Beginning with the 7 âend-aroundâ tactics you can use to dodge Congressâ new law⦠and help keep the retirement funds youâve worked so hard to save. Plus, youâll discover my entire 4-part plan for creating your own NEW AMERICAN RETIREMENT PLAN⦠Including easy-to-employ strategies, techniques, and action steps you can take today to put a shield around your wealth⦠and get the most out of your retirement. All Tucked Neatly Into My Groundbreaking Book: The NEW AMERICAN RETIREMENT PLAN (& You Wonât Pay a Single Cent) The NEW AMERICAN RETIREMENT PLAN â I should tell you up front â isnât just another new book. You wonât find it on Amazon, or on the shelves of your nearest bookstores. Itâs highly specific. And highly personal. Itâs the same blueprint I use for my own retirement. In its pages, I show you everything from how to maximize your Social Security benefits â including getting up to 76% MORE on your monthly payouts PAGE 43⦠To how you can legally offset the spiraling costs of long-term care (LTC) medical expenses â saving potentially tens of thousands of dollars PAGE 182⦠To creating a monthly (and tax-free) income stream to last the rest of your life. PAGE 77 Look, Iâve advised friends and family members to use The Plan for themselves. Iâve written about many of The Planâs steps in my Forbes retirement articles. Iâve even spoken at length about these strategies at retirement and investing conferences across the U.S. And when I realized Congress was coming after the retirement funds of every American⦠I made it my personal mission to create a brand-new approach to retirement⦠At a time when American retirees need it most, before this new law â nicknamed the SECURE Act â wreaks havoc on millions of unwitting U.S. citizens. Hereâs a look under the hood of the NEW AMERICAN RETIREMENT PLAN. The âend-aroundâ maneuver for avoiding congressâ devastating new retirement law [NOTE: Iâve laid out 7 distinct strategies here for successfully accomplishing this end-around. A few are simple; others are slightly more complicated. YOU decide which are best for your goals and situation.] PAGE 62 How To Practically Guarantee You Never Out-Live Your Money in Retirement PAGE 9 The Surefire Way To Get 76% More on Your Social Security Payouts PAGE 136 How To Get Paid Monthly or Quarterly Using my Retirement Paycheck Portfolio PAGE 35 How to Collect TAX-FREE Payouts, Every Month for Life PAGE 68 The New American Retirement Plan Method for Best Managing Your IRAs and Roth IRAs (Once Youâve Accumulated It) PAGE 98 3 Changes Every American Should Consider for their Estate Plan â No Matter How Much Money You Have PAGE 143 Mutual Funds Tax Secrets that 99% of Americans Know Nothing About PAGE 97 The Doâs & Donâts of IRA Investing PAGE 72 The NEW AMERICAN RETIREMENT PLAN goes above and beyond traditional advice, helping solve a lot more of retirementâs biggest issues â like these⦠The Legal Loophole That Can Pay Down Your Medical Costs PAGE 103 The Retirement Calendar Checklist: This Simple Strategy Ensures Your Retirement Affairs Are in Order PAGE 10 Those are just a few of the action steps Iâm recommending in my new book. Iâve even detailed tips from the estate plans of celebrities including Prince, Tom Petty, Aretha Franklin, Stan Lee, and other high-net-worth names. The NEW AMERICAN RETIREMENT PLAN is divided into 4 separate sections, each one jam-packed with hundreds more of these kinds of tactics and strategies. In fact, itâs a complete, easy-to-understand, step-by-step guide anyone can â and should â use to better their retirement finances. The Plan is like nothing youâve ever seen, so keep reading to get your copy. Hereâs one of my readersâ favorite chapters⦠A Little-known Way to Add Up to $37,000 to a Tax-free Retirement Account â Every Year This strategy is completely legal and above board. And it works even now that Congressâ new assault on your retirement has gone into effect. It doesnât end there. Along with your copy of the NEW AMERICAN RETIREMENT PLAN, Iâm also going to give you these nine Special Reports from my members-only library. How to Inflation-Proof Your Nest Egg with ETFs Your 20-Minute Estate Plan: Building a Lasting Legacy The Truth About Annuities â And How to Make Them a Lifetime Stream of Income The New Rules of Retirement (recently updated) Cashing in Congressâ $350,000 âRetirement Shockerâ Gimme Shelter: Hidden Real Estate Time Bombs to Avoid The IRA Investment Guide: A Roadmap to Avoiding Tax Traps & Penalties How to Insure Your Way to a Rock-Solid Retirement Keep Your Nest Egg Safe from the IRS Money Grab Now hereâs why Iâm doing all this. Fighting back against the looming Retirement Doomsday is obviously very urgent. But thereâs another reason. I created this book to raise awareness of⦠to answer⦠and to solve⦠The #1 Fear About Retirement Today Every study and survey out there â including with my own readers â reveals the same conclusion. The single-biggest panic button issue over retiring in America today is⦠The risk of running out of money during retirement. And if youâre not ready for the effects of this damning new law, the government is going to take a much bigger chunk of your retirement money. That means youâre likely to run out of it even sooner â which is why Iâm rushing you a copy of the NEW AMERICAN RETIREMENT PLAN. A landmark survey from The Alliance for Lifetime Income shows that a full 80% of non-retired Americans express anxiety that their savings may not provide enough to live on in retirement. The same study reports that 63% of Americans are unprotected for retirement, meaning they have no source of guaranteed lifetime income outside of Social Security (such as pensions or annuities). Retirement can last a long time, after all. So the more thought and effort you put into your retirement plan, the better off youâre going to be. Iâm reminded of a Boston Globe story that said: âAs Stocks Swing Wildly, the Future for Baby Boomers Seems Less Secure.â Itâs a stomach-churning read, to be sure. It talks about the mounting uncertainty of the stock market â on which most retirement plans today hinge â and how it may affect Americansâ financial futures. Not only does this Boston Globe piece hit on retireesâ biggest fear â outliving their savings⦠It also reveals a scary statistic from a new Fidelity Investments report: While nearly 200,000 Fidelity clients have amassed at least $1 million in their 401(k) retirement accounts⦠The average balance in those accounts was a mere $106,000. Barely more than 10% of what they worked most of their lives to build for and maintain their retirement. The point here is painfully obvious. For most Americans, some form of supplemental income will be needed, just to keep a normal standard of living. Social Security wonât be enough. Not by a long shot. Donât just take it from me, though. Another âSocial Security Whistleblowerâ Comes Clean⦠âYou Simply Wonât Get Everything Youâve Been Promisedâ A few months ago I had the good fortune of interviewing one of the countryâs leading experts on Social Security reform. His name is Dr. William Reichenstein. Heâs an Endowed Professor at Baylor University, and also Head of Research at Social Security Solutions. I wanted to see if Dr. Reichenstein had the same views on Social Security that I do. And we agreed on just about everything â including the need to blow the whistle on whatâs at stake right now for U.S. retirees. You see, most people â regardless of their education level â fail to fully grasp the complexities of the Social Security system. There continues to be a whole lot of confusion over the number of benefits⦠when to take them⦠and how to maximize them. The upshot of this confusion? Too many people leave tens of thousands of dollars on the table during their retirement years. Many leave behind much more than that. A new study conducted by researchers at Johns Hopkins University found that only 4% of people start collecting Social Security benefits at the most advantageous time. Most people begin taking benefits as soon as they can⦠at age 62. Understandably, for many people thatâs out of necessity. For others⦠It means thousands of dollars â even tens of thousands â of âwasted income.â (Another study shows retirees miss out on as much as $3.4 trillion as a result of claiming Social Security too early.) Thatâs money Uncle Sam gets to keep for himself. Youâve paid into this system all of your working life, after all. You deserve to get the most out of it! Whatâs worse â Dr. Reichenstein and I both believe that â for many people â the following statement is true about the future of Social Security⦠âYou simply wonât get everything youâve been promised.â Look, neither one of us has a crystal ball. But we do know this: The Social Security Trust Fund runs out in 2034⦠Which means the government wonât be able to tap into it anymore. We also know our government never does anything until the last possible minute. So when that day comes â likely at a midnight hour in late December 2033⦠Itâll pretty much be in line with what Iâve been expecting for more than a decade: A little something insiders like to call âredistribution.â Politicians will come up with a favorable-sounding name, of course. Loosely translated to putting lipstick on a pig. But when it happens, youâll understand redistribution to mean higher taxes, which means youâll get fewer benefits. Probably on the order of 80% of what you should be getting. For the record, Dr. Reichenstein estimates the following: If youâre currently working and aged 40 to 45 (or younger)⦠â¦You likely wonât get as much Social Security as promised today. If youâre working now, but nearing retirement (55 or over)⦠â¦Youâll get a mix of todayâs benefits, and whatâs coming (in the form of redistribution/higher taxes). If youâre currently already receiving Social Security benefitsâ¦the likelihood is that nothing changes (full benefits). Fortunately, my book â the NEW AMERICAN RETIREMENT PLAN â shows how to make the right decisions about Social Security benefits. In fact, on PAGE 129, I explain the one simple move both individuals AND married couples can take to put an extra $25,000 â or more â in their pockets. And on PAGE 55, I tell you why the traditional 4% annual retirement withdrawal rate is often completely wrong for people today⦠and what to do about it. In short, Iâve put everything you need to create your retirement plan â or to upgrade your current plan â together in one place. And every time something changes, my team makes sure you have access to the updated version, right away. You see, there are so many money-saving tips in the PLAN, I consider this book to be⦠âRequired Readingâ for Anyone Over Age 50 (Iâm Making Sure You Get Your FREE Copy Today). Not only will the NEW AMERICAN RETIREMENT PLAN be in your hands just minutes from now⦠Iâm also extending you a special bonus: 30 Day Risk-Free Membership 30 days of risk-free membership in my own independent newsletter,Retirement Watch. Itâs a monthly advisory (available in print and online) Iâve run for nearly three decades, tracking every issue and event thatâs critical to retirees. Itâs where I bring together all the techniques and strategies to help everyone in their golden years live their best lives. *NOTE: I insist on giving all new members a full month to decide if my newsletter is right for you. So if you decide you want a refund at Day 29 â for any reason whatsoever â Iâll promptly return your small membership fee in full. Youâll even get to keep your copy of my book, the NEW AMERICAN RETIREMENT PLAN. But I donât expect that to happen. Most people keep their subscriptions active, because the value they get from membership pays off in spades. In other words, I cover EVERYTHING, in detail. If itâs a topic that affects your retirement money⦠a new tax law, a legal Social Security loophole, or a brilliant way to pay for long-term care in the future⦠Iâll share them with you and spell out the pros and cons, so you can decide. Hereâs an example. When people leave their jobs, they almost always want to know what they should do with their 401(k)s or pensions. In many cases, theyâll hire a retirement planner or advisor. Not only is this an expensive endeavor, but Iâve found the information people get is too often conflicted and confusing. My approach is different. I conduct my own independent and objective research. Thatâs one reason I have so many loyal, longtime readers. But I also spend time reviewing other research, which means I know if that research is independent and objective, like mine⦠Or on the other hand, if theyâre working with Wall Street to help it get more of your nest egg. Best of all, I explain things in plain English. And I give my readers all the options⦠all the possible outcomes⦠and specific action plans that make it easy to make the right choices to maximize your retirement finances. I donât believe in âcookie-cutterâ or âone-strategy-fits-allâ approaches to retirement planning. Instead, I identify and spell out whom each strategy is appropriate for and who should steer clear. The fact of the matter is⦠retirement planning is always changing, and always will So it goes without saying, youâll need to revise your plan. Probably more than a few times. Thatâs what we help you do at Retirement Watch. And if itâs NOT covered on the pages of my newsletter and website⦠Or if you have a specific question regarding your retirement plan⦠Iâve made it easy for you to ask me your questions directly⦠through my LIVE conference calls (more on that below). Hereâs another example â one that may still be affecting your finances: Remember the 2017 Tax Law? This law was a doozy, and a lot to grasp. But I read it in its entirety, then told our members all the important changes⦠BEFORE they went into effect. One of the worst things about the new tax law? A lot of people lost money. They lost tax deductions, and it came suddenly, with no warning. I prepared our members for that. First and foremost, by advising NOT to try specific strategies that the IRS wouldnât allow. Another thing I wanted all my readers to understand: todayâs low tax rates probably wonât last. The solution? Itâs best to NOT defer income. In other words, you want to pay taxes at todayâs lower tax rates (or youâll be subject to higher taxes later). Now, what I just told you goes against conventional retirement planning wisdom. You see, the first rule of traditional tax planning is to defer income â and taxes â for as long as you can. But as youâll see in your free copy of the NEW AMERICAN RETIREMENT PLAN, conventional wisdom doesnât always pay off. I did the work. Crunched all the numbers. Then showed it all to my readers and explained that things have changed A LOT. My research shows youâll have more after-tax wealth if you pay some taxes now instead of years from now. Speaking of taxes⦠One of the biggest myths about retirement is that your taxes will be lower. The truth is, despite the income tax rate cuts from the 2017 tax law, your taxes are likely to increase during retirement. On PAGE 24 of the NEW AMERICAN RETIREMENT PLAN, Iâll show you how to protect yourself from the retiree tax attack. And when it comes to medical care⦠well, Iâm afraid youâre essentially on your own. For example, many Americans believe that Medicare, or their employerâs insurance, will cover most retirement medical expenses and long-term care expenses they need. Thatâs not even close to the truth. Fact is, medical expenses will be one of the three biggest post-career expenses for most people, and theyâll only increase as the years go on. Thatâs why I keep my readers up to date on the truth about Medicare, Part D prescription drug coverage, long-term care and every other aspect of paying for their medical care. What weâve found is that most retirees donât have this information, so they pay too much out of their own pockets for medical care. In fact, about 90% of retirees pay more out of pocket than they need to for their medical care. Thatâs the kind of advice youâll get by following Retirement Watch and the NEW AMERICAN RETIREMENT PLAN. And the money you can save by following my advice? On PAGE 60 of my new book, youâll discover The One Simple Move that Can Add $50,000 to your Retirement Account (Without Having to Save Any Extra Money). So Hereâs a Little Background on Me, Bob Carlson⦠After getting my law degree and master degree in Accounting from the University of Virginia⦠Bob Carlson And after passing the CPA exam on my very first try⦠I decided I wasnât meant for the courtroom. Or some accounting office. Instead, I wanted to use my knowledge to carve out a badly needed niche⦠A simple service that could help retirees and pre-retirees help themselves. By arming Americans with the most up-to-date information, strategies and tactics to get the absolute most out of their retirement. So I bit the bullet and launched my very own retirement advocacy newsletter from my home office, and with the help of my wife. To this day, it amazes me to think Iâve written Retirement Watch every single month of every year since 1991. And if that doesnât keep me busy enough⦠Iâm a senior contributor to Forbes.com, as well as an author of three popular books: The New Rules of Retirement, Personal Finance After 50 for Dummies (with Eric Tyson), and Invest Like a Fox⦠Not Like a Hedgehog. Since 1995, Iâve had the privilege of serving as Chairman of the Board of Trustees of the Fairfax (Virginia) County Employeeâs Retirement System (FCERS). Fairfax is one of Americaâs wealthiest counties, and as Chairman, I help oversee its investment portfolio valued at over $4 billion. I also served on the Board of Trustees of the Virginia Retirement System from 2000 to 2005, helping manage a $42 billion pension fund. And in 1989, I founded the Center for Retirement Security, as a research and collaboration vehicle for retirement finances, investments, taxes, and estate planning. So I know a thing or two about retirement finances. Still⦠[mini logotype] Note: Sometimes, colleagues of Golden Gate Marketers share special offers with us that we think our readers should be made aware of. This is one such special opportunity that we believe deserves your attention. Michael Brown, editor of Golden Gate Marketers | GGM, wanted to share this exclusive offer with you. If you're not interested in receiving any more offers from us, please [click here to unsubscribe](. 221 W 9th St # Wilmington, DE 19801. Take a moment to peruse our [Privacy Policy]( and carefully review our [Terms & Conditions]( for your comprehensive understanding[.]( You can ensure uninterrupted communication with us by adding our email address to your [whitelist](. For any inquiries or concerns, please feel free to [contact us](mailto:support@goldengatemarketers.com). Email courtesy of Finance and Investing Traffic, LLC, owner and operator of [Golden Gate Marketers](. © 2021-2024 All Rights Reserved. [View Online]( | [Unsubscribe](