New book teaches Wise retirement planning and how to pay the least taxes possible

How should you invest your money? If you contribute to your company's 401k, putting money into a Roth IRA, or simply buy mutual funds? You can expect to receive money from Social Security after retirement? How many of your retirement money taken in taxes to the IRS? These are important questions Rick Rodgers respond wisely in "The New three-legged stool", with clear explanations followed by practical, concise instructions to make the most with the money you have. This tax efficient approach to retirement planning is that readers refer to again and again.

"The New three-legged stool" refers to three types of investments that should have, and properly balanced to support your retirement. These three investments are tax deferred savings after-tax savings and tax-free savings. Rodgers leads the reader through an explanation of why each of these types of savings is important, how to invest in it, and how to get money to get the maximum benefit at retirement. Tax deferred savings includes 401 companies (k) plans and IRAs (including the plans of September and simple). Net tax savings include mutual funds, bank accounts and brokerage and investment real estate, everything is not technically a retirement account. Tax-Free Savings Roth IRA and Roth 401 (k) s that have no immediate tax benefits. Rodgers spends a lot of time explaining the advantages and disadvantages of these investments, and why a healthy balance must be struck between all three.

One of the major strengths in "The New three-legged stool" is illustrated by the examples in the form of stories offers a number of retirees. The book opens with "The Funniest One-Story Ever Told" of a successful entrepreneur with an estate worth over $ 4.4 million. Why the man has consulted a senior planner or made an effort to do estate planning, when he died, his sons ended up paying 85.8% of the retirement account of their father in taxes! Many other examples of experiences of retirees are illustrated in the book, often comparing the strategies of two people to see who ends up being more beneficial.

In addition to telling readers how to manage their money based on current IRS tax laws, Rodgers provides an explanation of how the IRS functions, because it tries to get money, to the extent possible, on the basis of failure of the U.S. government to manage its money properly, and the origins of social security, as well as the crisis approaches, by 2017 more money will be withdrawn each year than what has contributed to social security.

Rodgers concludes with recommendations on how to find a good counselor retirement and how to do estate planning, including writing a will or creating a trust to protect your hard-earned money in order to have enough for the rest of your life and money left for your heirs. Several useful charts accompany the discussion, showing how much money a person will need to live, according to the present income, retirement age, expected longevity, and when a person chooses or is required to prepare accounts of pension income, including Social Security.

Rick Rodgers has produced a much-needed book well organized, easy to read, and refreshingly short (202 pages) that will give readers much to think and plan, and who will return to again and again. Rodgers I hope the book will be updated over time and is therefore current and future readers can also benefit from it as a change in tax legislation.

Rick Rodgers is well qualified to advise on tax efficient retirement planning. He is an industry veteran of twenty years, has published numerous articles on investments in publications like Wealth Manager, was a guest on television programs and radio, and was quoted in "Investment News" and "Smart Money" magazine. In 1996 he founded Rodgers and Associates "to help families create and preserve their wealth in preparation for retirement worry-free and dignified." For more information on Rick Rodgers and "The New three-legged stool," or contact him on his personal investment service, visit http://www.TheNewThreeLeggedStool.com ......