This transcript was exported on Nov 01, 2022 - view latest version here.

Your retirement is at risk, not from the stock market, not from inflation. Taxes are putting your retirement at risk. I'm certified financial planner Steve Wing and I specialize in helping people create low tax retirements. Unmanaged taxes can take 30, 40, even 50% of your retirement income. Learn how to defend yourself against excess taxation. Our complimentary webinar will cover all the principles you need to know to protect your money for you and your family and keep it away from the government. This free webinar will cover how taxes are different in retirement, the taxes you pay in retirement that you don't have to pay during your working life. How to move tax savings into a tax free environment. The Widows Tax, the Secure Act, the Secure Act 2.0 and what they mean to you. The webinar is free, but you have to register to save your spot. So go to focused wealth advisors.com/webinars and find out more and sign up right there. Even if you're not planning to retire for the next five or 10 years, this information will be critical for you. The longer you have to put the strategies into effect, the more you can accomplish. That's focused wealth advisors.com/webinars to find out more and to sign up today. Speaker 2 (18:14): And we're talking about the IRS dropping happy bombs on us and happy bombs. Steven worshiping from Focus Wealth Advisors is going to go into his 30 minute action plan. It's Speaker 3 (18:26): Gonna be my new nickname. Happy Bombs. Speaker 2 (18:28): Happy bombs. Speaker 3 (18:29): That's it exactly. , Yes. 30 minute action list. So take a look at your tax return and see what bracket you're in and see how much more room there will be when they change the limits next year. And then take a look at how much you're saving into your retirement accounts to figure out what opportunities there are to increase those savings. So those are the action items. Speaker 2 (18:51): All right. And do you still, let's talk about your webinars. You have. Speaker 3 (18:55): Yep. Speaker 2 (18:55): So you got webinars, Speaker 3 (18:57): Taxes in retirement, um, how to create a low tax or even no tax, retirement, understanding all of the understanding how the tax code works, understanding how the tax code is different in retirement because actually there are taxes you pay in retirement that you don't pay while you're working and it's important that you understand what they are so you can avoid them. Mm-hmm. . And then some basic strategies on how you can set yourself up for a low tax or at least tax efficient retirement Speaker 2 (19:24): Focused Wealth advisors.com/webinars is where to find that. And if you're looking for podcast help, you can contact me@rockbox.com and you can come down to our beautiful Bushnell's Basin studio and produce your own podcast or legacy cast or whatever you want to do that's, uh, audio and video related. I'll get my greed little hands on it at some point. Well thank you, uh, so much again for joining us on 30 Minute Money. Be Back next time. Of course, the podcast is available wherever you get your podcasts and it's easily found by going to three zero minute.money. We'll see you next time. Thanks. Speaker 1 (20:02):

35 - New IRS Limits 10-31-22 (Completed 11/01/22)

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