Pharmacists, do thoughts like this keep you up at night? - "If we save for 25-30 years of retirement and live like we do now, the taxes on our 401k's are going to be enormous!"
OR
"I really want out of the pharmacy industry...but I wish I had a plan to retire early and do something else!"
I know these thoughts because I used to have them myself. As a pharmacist for almost 20 years, I know many
of my friends dream of changing professions, retiring early, or living out the picture-perfect retirement. Yet, simple math shows that many Pharmacists will NEED MILLIONS to continue a comparable lifestyle for 2 to 3 decades of retirement. But there's a portfolio cancer we often fail to consider...Taxes
If your 401k, 403B, or IRA accounts are stocked up for 25-30 years of living, you may pay TENS of THOUSANDS every year to the government on required distributions. And with the National Debt, Medicare, and Social Security costs skyrocketing, there is every reason to believe taxes will only go UP! With all the future uncertainty, I made it my MISSION to help Pharmacists retire on their terms! When planned correctly, we can help minimize or eliminate taxes and help create lasting wealth legacies for your family, Church, or favorite charities. Here's how we work together:
- Using an established process, we will create an individualized retirement plan based on YOUR specific goals
-Work alongside your accountant (if you have one) to reposition your taxable and tax-deferred assets into tax-free investments between now and retirement
- We meet regularly with clients to ensure we are on track to meet your goals and adjust as necessary
-You retire when you want, the way you want, without the specter of massive tax increases eliminating what you've worked a lifetime to save. Member SIPC.
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