Key Talking Points of Episode:

• Socialistic traits in the tax changes that Joe Biden is making
• The $94 trillion world economy as it relates to socialism

Magical Quotes from the Episode:

“My energy is best spent on me, making sure that me and my family, work, job, spiritual, emotional health, physical wellbeing is in maximum shape, and then worrying about the affairs of the country afterwards.”

“As inflation hits, we can be paid more money, but not any more real amount of money and be pushed into a very real higher tax bracket.”

Connect with Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

In this episode, Tommy shares the essence of paying attention to taxes and having a diversified portifolio on non-correlated assets. 

Listen in for an informative learning experience. 

Key Talking Points of the Episode

• Second key to retirement income distribution: pay attention to taxes.
• What is crypto tax debt and its similarity/difference with stock tax.
• Third key to retirement income distribution: have a well-diversified portfolio with non-correlated assets.
• Tommy's parting sort. 

Standout Quotes from The Episode: 

"I think that people have to understand what bracket they're in. If they're not planning well, they can pay an extra 10% on distributions."

"Diversify your wealth seven or eight ways because you don't know what danger may fall upon the earth."

"You are not diversifying if you buy Microsoft stock, Home Depot stock, and Procter Gamble. That is called company diversification."

Connect With Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

Key Talking Points of the Episode

• What is a fiduciary?
• The first key to retirement income distribution: setting a budget for retirement expenses.
• Why do people resist creating a budget
• Understand what soft offers are 

Standout Quotes from The Episode:

"As you're talking about retirement income distribution, the very basic thing you need to know is what expenses you are going to have when you retire."

"Getting older, retirement, money, and looking at the end of life that kind of humbling puts things in perspective which makes people pride more pliant to good advice."

Connect With Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call