Your Wealth Distribution years begin when you decide to slow down or stop working and you transition from saving money to spending the money you have saved. Most people are simply unaware of the risks they face with their money once they start spending what they’ve saved. Let’s look at some of those risks: Taxes You may have been told not to worry about taxes because you will be in a lower tax bracket when you retire. Two questions:
- Do you want to live at a lower level of lifestyle just because you retired?
- What if tax rates go up and you have to send more to Uncle Sam?
- You could lose 20% or more of your nest egg with every market crash.
- There is no time left to recover from a market crash when you are retired.
“If what you thought to be true about your money turned out not to be true, when would you want to know?”