WELCOME BACK TO "LIVING
808".
OKAY.
EVERYONE DREAMS OF HAVING A
TAX-FREE RETIREMENT, RIGHT?
BUT HOW DOES ONE DO THAT OR GET
THAT?
HERE WITH SOME SOLUTIONS THAT
ARE OUT THERE, CHARLIE JEWETT OF
RENOVATING RETIREMENT.
$100 ON SEEDS DO YOU WANT TO PAY
TAXES ON THAT.
SOMEHOW THE IRS CAME ALONG AND
SAID SAVE TAX FROM THE SEED WHEN
IT'S SMALL AND YOU MAKE THE
CONTRIBUTIONS, LATER WHEN YOU
TAKE AMOUNT HUGE AMOUNTS OF
INCOME WE'LL TAKE YOU THEN AND
WE ALL BOUGHT IT.
BUT THERE ARE A FEW PLACES TO
PAY TAX-FREE, AND WE'LL GET INTO
THOSE.
I'M LISTENING.
WE ONLY HAVE TWO PLACES.
TODAY TO GROW MONEY WHERE YOU
PAY TAX UP FRONT AND GROW
TAX-FREE.
ROTH IRAs WHICH IS A TOOL MORE
PEOPLE HEARD OF BUT THEY HAVE
LIMITS ON INCOME.
IF YOU MAKE TOO MUCH, YOU CAN'T
USE THEM AND CERTAINLY CAN'T PUT
IN $30,000 A YEAR.
THERE'S LIMITS AND CASH VALUE
LIFE INSURANCE WHICH GETS A
REALLY BAD NAME BECAUSE IT'S
USUALLY BUILT IMPROPERLY.
MUNICIPAL BONDS ARE -- YOU HAVE
TO MAKE SURE THEY DON'T GO OUT
EF HUTTON IN THE '80s, YOU CAN
TAKE LIFE INSURANCE POLICIES AND
FOR TAX-FREE INCOME.
MOST AMAZING INVESTMENTS I
BELIEVE EXIST ON THE PLANET.
THAT IS SO INTERESTING.
SO THE THREE THAT YOU MENTIONED,
LIKE YOU SAID, THERE ARE SOME
LIMITATIONS, THE LAST ONE --
NONE.
SO NO LIMITATIONS WHATSOEVER.
I'VE HAD PEOPLE DO AFTER TAX
CONTRIBUTIONS WHERE THEY WILL
NEVER BE TAXED AGAIN ON THE
GROWTH OR INCOME OR THE
INHERITANCE WHEN THEY PASS AWAY.
THAT REALLY IS THE HOLY GRAIL
FOR RETIREMENT PLANNING RIGHT
NOW.
THE REASON THEY ARE ALLOWED --
BECAUSE IT SOUNDS TOO GOOD TO BE
TRUE.
WHY WOULD THE IRS LET YOU DO
THIS?
THE REASON IT'S ALLOWED, THERE'S
TWO WAYS THE IRS MAKES TAX
REVENUE.
THEY CAN RAISE TAXES BY JUST
CHARGING US MORE.
THEY CAN SAY IT'S NOT A 37% TAX
BRACKET OR 35.
WHEN RONALD REAGAN WAS MAKING
MOVIES, IT WAS A 90%.
THEY CAN CHARGE MORE AND GET
SOME OF OUR INCOME OR THEY CAN
MAKE SURE THAT WE HAVE MORE,
THEREFORE WE SPEND MORE AND IF I
GO TO THE ABC STORE, I GO TO
THIS STORE, I GO TO A STORE AND
PAY THEM, THEY PAY TAX AND THEN
THEY GO BUY THINGS AND PAY TAX
AND THE PERSON THAT GETS MONEY
FROM THEM PAYS TAX AND IT
MONEY IN RETIREMENT AND WE'RE
JUST BUYING, BUYING, BUYING, THE
OF TAX.
THEY JUST WANT THEIR TAX ONE WAY
OR ANOTHER.
I GET THAT.
I UNDERSTAND THAT.
WE'RE JUST BARELY SCRATCHING THE
SURFACE HERE.
I'M SURE A LOT OF PEOPLE HAVE
QUESTIONS AND WANT MORE
INFORMATION.
HOW CAN THEY GET IN TOUCH WITH
YOU?
IT SOUNDS WAY TOO GOOD TO BE
TRUE.
A LOT OF PEOPLE MAY NOT
REALIZE IT'S BEEN AN OPTION.
IT USED TO BE JUST WEALTHY
PEOPLE.
THERE WAS ONE MAN WHO WROTE A
BOOK AND BROUGHT IT TO THE
PUBLIC AND I'VE TAKEN 14 YEARS
TO PER EFFECT IT.
PEOPLE CAN CALL IN 240-1296.
OR IF YOU WANT TO TAKE A STEP,
JUST DIP YOUR FOOT IN THE DOOR
AND NOT TALK TO SOMEBODY RIGHT
AWAY, YOU CAN GO TO OUR WEBSITE,
RENOVATERENOVATEMYPLAN.COM.
YOU CAN WALK YOUR WAY THROUGH
THE VIDEO.
ONCE YOU'RE IN YOUR WORLD, WE'LL
LET YOU HAVE AN HOUR LONG VIDEO
JUST ON THIS TOPIC WHERE I GO
FROM START TO FINISH, SIT IN
YOUR HOUSE, BUCKET OF POPCORN,