This week’s blog is a homage to a book that we’ve been giving to people who come in for a consultation for years, The Power Of Zero by David McNight. If you come in for one of our 365 Retirement Plan consultations, you’ll receive a copy of this book so that you can always reference this material. For the past few decades, Americans have grown accustomed to investing in tax-deferred plans like 401(k)s and IRAs, but if a person isn’t strategic about where their money is invested during the accumulation phases of their life, they may run into trouble (in the way of taxes) in the retirement years of their life. In this episode of Just Don’t Lose The Money Radio, we’ll discuss three basic types of investment accounts, and how they may affect your retirement income. Before we get in to each type of account, it is important to know WHY we are discussing this topic today. With a rapidly increasing National Debt (at almost $22 trillion dollars at the time of this blog post) and current income tax rates at near historic lows, there is a massive disconnect between what people think the future of tax rates will look like and what they are doing to prepare for it. If you think that tax rates could be even ONE PERCENT higher than they are today, what are you doing to insulate yourself from being affected by that?