I need to add something here because it happens far too many times and younger readers could benefit greatly from heeding the message. Many retirees come to me with issues about their asset distribution. They've done a great job their entire lives accumulating and saving a substantial retirement account. They've been disciplined and had good advice along the way, but now it's a different ball game. They are no longer adding to their accounts, the  blantons for sale   markets seem more volatile and they've even lost some value in their accounts. One major problem is that they have little or no assets outside of the 'qualified' or taxable category. This means they have limited options to choose from for their distribution (income) in retirement. Depending upon their lifestyle and income needs, a portion of their social security income will be taxed. More importantly, at age 70 ½, they will be looking at a 'Required Minimum Distribution' where they must withdraw from those qualified assets and pay taxes whether they need the money or not. For many seniors, this creates an unwanted tax liability. Often these folks find themselves in a higher tax bracket than when they were working, just the opposite of what they were told when they socked all that money away. So, don't make the same mistake that many people I've worked with did, have assets outside of the 'qualified' category. Focus on growing your "Collateral Capacity" and you'll see a more successful retirement.

Here's one last thing about 'qualified' or taxable accounts that will be helpful. Don Blanton, President of Moneytrax, often says, "If I told you that I will loan you money and you wouldn't need to pay me back   until I needed the money and that we could determine the interest rate later on when I decide that I need the money. Would you take that deal?" Of course, the answer is "NO WAY" because why would I borrow money for an unknown term or interest rate? Essentially the IRA or 401(k) retirement savings plans are exactly that. We have no idea what the Federal Income Tax rates will be when we take the money out. That fact by itself should make people want to limit the amount they accumulate in 'qualified' or taxable accounts.