One of the biggest investment expenses you will face in retirement is taxes. Planning for taxes can impact your long-term return and increase your likelihood of reaching retirement and financial independence.

— money.usnews.com

This week on the DL Show, our host David Lukas takes the hour to discuss how important tax diversification is and the looming detriment of your retirement accounts NOT being diversified.

Important topics discussed in today’s show:

• What is tax diversification
• How do I diversify my portfolio
• Tax exempt options/holdings
• Important tax rate and deduction information
• Account withdrawal strategies
• What lost opportunity cost may be costing you

DID YOU KNOW…

if you have all or most of your money tied up into a 401k waiting to be taxed, after retirement, (or any other government sanctioned— or as David affectionately calls it, tax postponement — retirement plan) all of those funds WILL be subject to taxation at unknown amount? The thinking goes that you will always be in a lower tax-bracket in retirement. However, we don’t know what the tax rates will be in the future. Take a look at USDebtClock.org. Where do you think taxes are headed? Consider this, the government is borrowing over $40,000 per second more than they take in tax revenues and approaching 20 trillion in debt (Not including unfunded liabilities). Take a look at the History of tax rates in the U.S. Below. As you can see, they are historically low right now.

Learn more about the tax tumor hidden in your 401k right here.

What can be done about this? You have options. In fact, David Lukas Financial can help you deal with the tax-tumor head on. To learn more about The WorryFree Retirement®. Call David, at (501) 218-8880, to set up your Free NO COST appointment today. You won’t be sorry you did.

*David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.

The 3 Personalities of Money®:

Do you know whether you are a Saver, an Investor or a Speculator? Learn about the three distinct personalities of money and take the FREE test today at: DavidLukasFinancial.com

Free Annuity Decision Guide:

STILL NOT SURE WHAT ANNUITIES ARE BEST FOR YOU? Get the Annuity Decision Guide for Savers today by clicking here!

“As we peer into society's future, we -- you and I, and our government -- must avoid the impulse to live only for today, plundering for our own ease and convenience the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.”

― Dwight D. Eisenhower

This week on the David Lukas Show, David talks about all the caveats the government has made concerning your Required Minimum Distribution Amounts in retirement and what you need to know about the many rules that apply.

Throughout the hour, David gets into the specifics needed to properly prepare for when retirees start taking distributions from their IRA, SIMPLE IRA, and/or SEP IRA. The mistakes are too costly not to plan properly.

Did you know that the IRS deems account holders ultimately responsible for calculating their Required Minimum Distribution (RMD) amounts on their retirement funds—not the account’s custodian? Do you know the IRS’s rules on Required Distribution Amounts (RDAs)?

According to irs.gov...

“You cannot keep retirement funds in your account indefinitely. You generally have to start taking withdrawals from your IRA, SIMPLE IRA, SEP IRA, or retirement plan account when you reach age 70½. Roth IRAs do not require withdrawals until after the death of the owner.

• Your required minimum distribution is the minimum amount you must withdraw from your account each year.
• You can withdraw more than the minimum required amount. Your withdrawals will be included in your taxable income except for any part that was taxed before (your basis) or that can be received tax-free (such as qualified distributions from designated Roth accounts).”

Get All of the important INFORMATION and FORMS needed to properly calculate your Required Amounts HERE.

Whose Future Are You Financing?

David’s first book was a result of His comprehensive study, research and application of economics, banking and our monetary system.

Pick up David’s book today by visiting the dlshowonline.com store.

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry.

Who’s planning your retirement? Can he or she be trusted? Is that somebody worthy of controlling your future? Does your retirement planner have the education and credentials to ensure that you’ll have income for life, WorryFree®?

This week, on the DL Show, our host David Lukas discusses and expands upon what a Retirement Income Specialist (RIS) is and what exactly it is that they do. So WHAT IS an RIS, you ask?

A Retirement Income Specialist is a professional that’s been trained to develop and implement comprehensive financial strategies for individuals, businesses, and organizations. He or she has the knowledge and skills to objectively assess your current financial status, identify potential problem areas, and recommend the appropriate options to take in planning for their clients financial futures.

Throughout the hour, David explains how Retirement Income Specalist are the only individuals truly qualified to help you create a personal budget, control expenses, and develop and implement plans for retirement, education, and/or wealth protection. David also expands upon how a RIS can advise in risk management, health insurance, and including strategies involving life and long-term care insurance.

To hear all of David’s expert opinion and suggestions, listen to the entire show today!

Want to know more about how David Lukas Financial can benefit you and your income in retirement? Call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry. David Lukas Financial is conveniently located right here in North Little Rock, Arkansas.

The 3 Personalities of Money®:

Do you know your financial DNA? Are you a Saver, an Investor or a Speculator? Learn about the three personalities of money and take the test today at: DavidLukasFinancial.com

Free Annuity Decision Guide:

STILL NOT SURE WHAT ANNUITIES ARE BEST FOR YOU? Get the Annuity Decision Guide for Savers today by clicking here!

" After the greatest financial crisis since the Great Depression, Wall Street continues to speculate with your retirement savings with reckless abandon. Let "Guaranteed Income" show you how to create the risk-free retirement income you desire."

—Barry James Dyke

This week, on the David Lukas Show, David welcomes author Barry Dyke—a two time previous guest—to chat about his third book Guaranteed Income: A Risk Free Guide to Retirement.

Throughout the hour David and Barry discuss the concept and details of Dyke’s latest publication that’s full of financial secrets only experts have known about—till now.

* Listen to the entire show today to get all the important insider information that only an expert like Barry Dyke can offer.

This is definitely a book that should be added to the Saver’s arsenal of knowledge. Guaranteed Income: A Risk Free Guide to Retirement will prove to be an invaluable resource for new or soon to be retirees looking to enjoy the second half of their lives WorryFree®.

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® process. It’s unlike anything else in the industry.

About Barry Dyke: via castleassetmgmt.com

BARRY JAMES DYKE, President & Founder of Castle Asset Management, LLC entered the financial services business in 1982 with Prudential after working with RCA Global Communications and high tech industries. At Prudential, he was one of the rookies of the year. Soon after he then became an independent agent with New England Life, founded a pension consulting business in 1986 called Chestnut Green Benefit that excelled in the design, installation and funding of both qualified and non-qualified retirement plans. He has also designed, communicated and administered numerous health and welfare plans, and in 1990 set up the first self funded PPO plan for a Fortune 100 company for a major Boston HMO. Dyke also founded an administration firm in 1991, The Merrimac Benefit Group, Inc. Which specialized in flexible benefit and defined contribution health and welfare plans under Sections 125 and 105 of the Internal Revenue Code.

He has also written about financial planning and retirement plan issues in national publications such as Pensions & Investment Age and Broker World, and in self-published newsletters. Dyke is currently working on a book that addresses the inherent problems of investing in the stock market, how deregulation and the central banking system have created the “Casino Age” which shifts additional risk onto consumers.

As one of the leading agents in his field, he has worked with numerous closely held businesses, high net worth individuals and major public corporations. In 2000, Dyke founded another corporation, Castle Asset Management, LLC that is a Registered Investment Advisor. Today, he spends the majority of his time in macroeconomic financial planning for his clients to help them maximize their opportunities, expose them to the severely damaging pitfalls of traditional “accumulation theory financial planning” most often promoted by major financial institutions, their agents and the media. He also assists clients in setting up their own finance companies. An ardent student in Austrian economics, Dyke defends the market economy, private property and sound money. He celebrates the freedom and productive power of capitalism, and views government intervention as socially and economically destructive.

This week, on the DL Show, our host David Lukas chats with his mentor and partner, in the WorryFree Retirement®, Tony Walker about the final most important player in retirement: Your Retirement Planner.

Throughout the hour, David and Tony discuss many of the options available and appealing to Savers in preparing for retirement. Together, they explain and expand upon the concept of planning a retirement that not only makes sense but also a retirement that works for you. Because just as many FAs dislike and refuse to recommend annuities for their clients, equally as many retirement specialists suggest annuities as a fail-safe way to protect and set aside some, of an investor’s assets specifically for retirement.

Also included, David and Tony discuss and remind DL Show listeners that annuities are designed, and truly best suited, for savers planning and preparing for their second half of life.

If you are interested in a WorryFree Retirement® and hearing more about what you need to know about the 5 Players in Retirement, or what you need to know about an annuity you’re interested in or currently own, listen to the entire show today!

Whose Future Are You Financing?

Want to know more about how the Banks are banking off of your money? David wrote the book!
Check it out today in the DL Show Online Store or read a sample of it here.

The 3 Personalities of Money®:

Do you know your financial DNA? Are you a Saver, an Investor or a Speculator? Learn about the three personalities of money and take the test today at: DavidLukasFinancial.com

Get the Annuity Decision Guide for Savers today by clicking here!

Want to know more about how David Lukas Financial can benefit you and your retirement portfolio—call all David Lukas, (501) 218-8880, today to learn more about The WorryFree Retirement® It’s the only process in the country Dedicated To Helping Savers Worry Less About Money®