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The “Retirement Lie” and Its Impact on You
Today’s retirement finance scenarios are quite different from what many folks expected, and there are several reasons for it. One of the biggest, though, is the issue of tax rates and the assumption many folks made that their tax rates would be lower in retirement than they were during their career years. Following this assumption, many pumped cash into IRAs and 401Ks, only to reach the goal posts and find that that logic has been reversed. Forbes contributor Jeff Levine examines this, and other unexpected events, in a post on forbes.com. Check it out here…