Taxes are by far the largest, known liability that many retirees have upon entering this phase of life. Yet it is usually the one area of planning that they have done little to no planning to minimize the cost and impact it will have on them and their families. While in many ways taxes are much simpler in retirement but unbeknownst to most, there are hidden tax time bombs awaiting them along the retirement road and without good planning, will absolutely cost them and their families money they could have otherwise saved.
Throughout our lives, the one thing that has and will always hold true is the fact that no matter how much money we make, the government will get its share. This is one of those absolute truths in life that is virtually undeniable. However, the amount of opulence that our government will take from us is often determined by how we position ourselves and how we proactively prepare.
Proper tax planning can reduce the amount of tax liability we have on an ongoing basis. Once a client and the retirement planner determine the best investment strategy, a tax projection is prepared by one of our tax professionals. This tax projection helps the client and retirement planner make a more informed decision. Some of these strategies can be extremely complex; therefore, we include this service as part of comprehensive estate planning.
*Any direct, indirect or implied conflict of interest between Voyageur Financial, LLC, d.b.a. Voyageur Advisory Group, and any professional so associated will be disclosed to clients prior to any service being rendered.
**All services rendered by Voyageur Financial LLC, d.b.a. Voyageur Advisory Group, or one of its affiliate representatives or strategic partners, are only provided by individuals with the proper and legally required professional licensing.
567-803-3100
info@voyageuradvisorygroup.com
**Aaron Maassel is an investment advisory representative and provides advisory services through CoreCap Advisors, LLC. Voyageur Financial, LLC and CoreCap Advisors, LLC are separate and unaffiliated entities.
The content of this website is developed from sources believed to be accurate and complete; however, no guarantee can or is given for such accuracy or completeness. Nor is the information in this material intended as financial, tax or investment advice. Please consult your own qualified professional for specific information regarding your induvial situation.
The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale, or the solicitation of such an offer, of any security, insurance, or annuity product.
Investing involves risk, including the loss of principal. No Investment strategy can guarantee a profit or protect against loss in a period of declining values. Any references to protection benefit or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity products are backed by the financial strength and claims-paying ability of the issuing insurance company.
Links to third-party websites are being provided for informational purposes only. CoreCap is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. CoreCap is not responsible for the content of any third-party website or the collection or use of information regarding any websites users and/or members.
Copyright © 2022 Voyageur Advisory Group - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.