Tax-Free Planning and the Power of Zero: Securing Your Financial Future
As tax policies evolve and national debt grows, planning for retirement requires a forward-thinking approach. Many retirees may face unexpected tax liabilities that can diminish their savings faster than anticipated. By exploring tax-free retirement strategies, you can develop a financial approach that focuses on managing your tax exposure during retirement. A critical part of this […]
Why You Shouldn’t Count on a Lower Tax Bracket in Retirement
At Paraclete Wealth Management, our commitment to educating our clients sets us apart. The following content is partially excerpted from The Power of Zero, by David McKnight, and we believe you’ll find it eye-opening. A great many of my clients come to me with all their retirement savings in tax-deferred accounts. They have spent years […]
A Smart Approach to Tax-Free Retirement Income: The ‘Three Buckets’ Approach
Portions of the following content on the three buckets approach to tax-free retirement income have been adapted from the book Tax-Free Income for Life by David McKnight and reference his popular book, The Power of Zero, as well. Let’s talk about a comprehensive approach to tax-free retirement income. Below, we’ll be reviewing the three buckets […]
The Greatest Retirement Risks (And How to Avoid Them) – Part I
At Paraclete Wealth Management, our goal is to give each of our clients a personalized plan for a secure retirement. In order to do that, we have to help them avoid the two greatest retirement risks. There are several significant roadblocks to a financially secure retirement, and too many people find themselves living in fear […]
Achieving the 0% Tax Bracket: Are You Keeping Too Much in Your Taxable Bucket?
This article shares content related to achieving the 0% tax bracket and best uses of your taxable bucket and it is excerpted in part from The Power of Zero, by David McKnight. We share it with you because we firmly believe in the power of financial education, and many of our clients dream of achieving […]
Baby Boomers: The Demographic Glitch That Could Cause Your Taxes to Double
At Paraclete Wealth Management, our commitment to educating our clients sets us apart. The following content on your potential retirement tax burden is partially excerpted from The Power of Zero, by David McKnight, and we believe you’ll find it eye-opening. The Baby Boomer generation is well-known for being the product of the post-World War II […]
Will an Oncoming ‘Tax Train Wreck’ Threaten Your Retirement?
At Paraclete Wealth Management, we are committed to helping our clients achieve lives of meaning and purpose. What does that mean? Well, the specifics are different for everyone, but we believe every person’s strategy should include a comprehensive approach to financial planning. Most especially, it means having a retirement plan that takes into account the […]
