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Video instructions and help with filling out and completing Medicare surcharge tax on high-income taxpayers
Everyone bill Lessman here for money evolution dot-com and welcome back to another one of our daily live videos where we're broadcasting to you every week day Monday through Friday so this is actually episode number four last week an episode two I think it was I started to talk with all of you about what I referred to as the seven core elements of retirement planning and how each one of these seven elements is going to play a part in your ultimate retirement goals and some of the things that you want to accomplish in retirement things like knowing how much you retire is going to cost we talked about that a little bit identifying your gap where to save money what types of accounts are going to be best for your retirement dollars deciding when to collect Social Security obviously a big one we talked a little bit about healthcare costs and how that needs to play in there the 401k plan for many people is going to be another big aspect of your retirement and knowing how to unlock the full potential of that 401k plan as you get closer to your retirement starting to create that plan for income and then finally the last thing we get to after going through each one of those seven steps is choosing your investments and unfortunately many people start with number seven so what I'm going to do here today in this video is I'm going to be expanding on one of these seven elements we're gonna be talking about where to save money and specifically I'm going to be talking about some of the tax implications of where you save money and how that it might impact your retirement and the amount of money that you have for your retirement to be able to spend there so I'm going to clear this white board here and do my best to do that reasonably quick here and once again if you're watching this video and you haven't already go ahead and click the like button on our page at money evolution and that way when we're doing our updates you'll be sure to get notified on that and you'll be sure not to miss anything we're also planning and we're also planning on doing a rebroadcast of these on our youtube channel as well I think any day now I think we're gonna hit 200,000 views on our YouTube channel so if you're if you'd rather watch these videos on you you can head over there and subscribe to the YouTube channel and of course you can always get access to the videos on money evolution com so what I'm going to be talking about here is we're gonna be talking about some tax strategies specifically for individuals that might be in the higher tax brackets so first of all what is the problem well the problem here that I see is that if you have money.