Jerry Means

Taxes in Retirement and Why You Can't Rely on Pensions or SS

Taxes in Retirement and Why You Can't Rely on Pensions or SS

When we think about taxes in retirement, the first thing that probably comes to mind is Uncle Sam.  But CNBC points out that we might also be seeing bigger tax bills from our state and local governments, as a result of this economic downturn. Jerry explains what that means it more important than ever before to have a good tax strategy.  Then, if you have a pension - should you rely on it? Many pensions these are days are underfunded, so what can you do now? If you plan on living off Social Security or using that money for your "fun money," you better think again. Jerry explains why this is NOT a good plan.  Are you interested in a Complimentary Portfolio Review? Jerry can look at your current portfolio and see if an annuity is right for you!    

Duration: 10 min

Release Date:

Share part or all of the audio of this episode