Tax-free retirement savings using index strategy

doctor stanford retirement savings index strategy taxfree prepared by connie

Dear 19-yr son,

In the many years that you will be working, you will be managing your money. There is a way to save early and harvest tax-free all the growth, withdrawal and accumulation of your hard earned money plus leaving an estate to your children.  Leave at least 25% of your savings to a long term, conservative, guaranteed at 2% and grows up to 13% with zero market risk retirement strategy. Currently, the index strategy that I employ when helping business owners, bay area professionals and doctors has a return of 8%.

Allocate 25% to real estate/stocks, 25% to term life/disability/money market for emergency and 25% to a limited IRA/401k. You only need to participate in min matching by your employer since you will be taxed around 50% when you use your 401k money before 59.5 yrs old. Don’t forget I told you to have a business owner mentality.

I like that you love to go to thrift stores and you are not driving yet. And you dress up like a manager.

I love you and believe that you will be great although I tease you at times that it is taking a long time for you to graduate college because you now have a GF.

Mom

Published by

connie dello buono

Health educator, author and enterpreneur motherhealth@gmail.com or conniedbuono@gmail.com ; cell 408-854-1883 Helping families in the bay area by providing compassionate and live-in caregivers for homebound bay area seniors. Blogs at www.clubalthea.com Currently writing a self help and self cure ebook to help transform others in their journey to wellness, Healing within, transform inside and out. This is a compilation of topics Connie answered at quora.com and posts in this site.

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