The Marcus Warren Show - Here Comes The Tax Man

On this week's Marcus Warren Show, we talk about 6 financial New Year's resolutions that retirees should make in 2022. We also discuss the reason behind the Great Risk Shift - when companies began getting rid of the pension and introduced the 401k plan. And we introduce a new segment - the Tax Corner. Have a question for Marcus? Call the "Ask Marcus" hotline (502) 622-1337. Leave a message with your question and it could be featured on the show! Or you can visit talktoMarcus.com to schedule a 15-minute phone call!

1 day ago

Your Taxes Are Going Up!

For the first time in 46 years, your taxes in retirement will likely be higher than when you were working. Why is that? Americans have accumulated over $32 trillion dollars in retirement accounts that have never been taxed (IRAs, 401(k)s, and other company retirement plans). And the U.S. government has accumulated a lot of debt, with no plans to curb the spending. Withdrawals from these tax deferred accounts are subject to whatever tax rates are when you make withdrawals. This means you are likely sitting on a ticking tax time bomb. On this week's Marcus Warren Show, we discuss what you can do to plan for higher taxes in retirement. We also answer your questions about IRMAA, stock market volatility, Social Security taxation, and more. Have a question for Marcus? Visit www.WarrenWealth.net to schedule a 15-minute phone call or click the "Ask Marcus" button to send us a message with your question and it could be featured on the show! Does your retirement need a rescue? Visit www.WarrenWealth.net to request your copy of Marcus's best-selling book, The Retirement Playbook.

51 min