If you are a successful person within your career, you are going to expect the amount of your success to be reflective in what you’ve earned. When you retire, you’d like a retirement income that’s going to display the years of saving and sacrifice you’ve exhibited.
“What do people who earn a lot of money do differently about their retirement planning?”
Options for High Income Earners
You know, frequently, folks find out that they are very limited in what they can put aside into their 401Ks and their IRAs because they earn a lot of money. And so they seek out what are other options where they can invest their money?
If you’re very successful in your career and the job that you have and that’s reflected in what you earn, then you’re also going to be very successful in the amount of money that you have available to invest for your retirement. And that means when you retire, you’d like a retirement income that’s going to reflect all of the years of saving that you had and all the years of sacrifice.
Tax Free Options
For that reason, many people, when they look at what other options are available, find out there are plans available that you can deposit your money for retirement.
You can guarantee that you will never lose any money and the best yet — when you take that money back at retirement, it can be tax free to you if you do it properly.
So many people who are very affluent in their careers and what they earn have found very attractive retirement plans available to them outside of what they can do in a traditional 401K and an IRA.
Finding the answers
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