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Money Guy Show

Are Tax-Deferred Savings a Ticking Time Bomb?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 25 June 2008

⏱️ 27 minutes

🧾️ Download transcript

Summary

"If Thomas Jefferson thought taxation without representation was bad, he should see how it is with representation." – Anonymous Deferring taxes has always been a bedrock principle of retirement planning. The logic is simple: why would anyone pay the government now when tax-deferred accounts allow you to delay your obligation for 15, 25, and maybe […] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, The Money Guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, The Money Guy.

0:15.6

Welcome to The Money Guy Show.

0:16.9

This is your host, Brian Preston, and let me give you the pertinent information so you

0:20.3

can go ahead and start pulling up the research about today's show because we got a lot to

0:24.6

cover.

0:25.6

Go to Money-Guy.com or you can write this show at Brian, that's B-R-I-A-N, at Money-Guy.com

0:33.8

is the email address.

0:35.4

What we're going to be talking about is we're going to be talking about protecting your

0:39.3

retirement no matter whose president there was an article.

0:42.7

This is actually a few months old, but I still think it's very relevant, especially in

0:47.6

the fact that this is a presidential election year.

0:50.8

It was an article that actually was done by Jonathan Clements from the Wall Street Journal.

0:55.1

You guys know that I'm a big fan of his, and he came out with this article back in

0:59.1

February 25th of this year, and don't worry before you guys all tune out.

1:04.2

I recognize that one of the few things that you don't want to talk about because you're

1:09.3

not going to change anybody's mind is politics and religion.

1:13.8

Those are kind of things that I've tried to stay away from to a large degree.

1:18.8

Some of this stuff, you can't help, but I'm sure a few of you have probably figured

1:21.5

out my personal thoughts on a few things, but that's

...

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