How much taxes eat out of your retirement savings

Using an index strategy IUL policy,  8% annual rate of return, 25% tax rate now and at retirement with yearly retirement savings or contribution of $5,000 ($417/month), the following table shows you how much will an IUL save you. Connie Dello Buono CA Life Lic 0G60621 408-854-1883 motherhealth@gmail.com

 

Years to save

Index IUL

Regular Taxable Investment account: IRA, 401K, pension

Doing Nothing

5

$31,680.00

$29,877.00

0

10

$78,227.00

$69,858.00

0

15

$146,621.00

$123,363.00

0

20

$247,115.00

$194,974.00

0

25

$394,772.00

$290,782.00

0

       

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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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