The Cash Flow Clock: For Retirees - Book - Page 72
The Cash Flow Clock
Even though it is no longer our name on the tax
return, it is still our money that is going to the
government. It doesn’t really matter who pays the
taxes. When the tax is paid is what determines how
much tax is paid. We repeat this multiple times in
this book (and every day to our clients) because it is
so important to remember. Our goal is always to
reduce how much of our assets are given to the
government, at least as much as legally possible.
Sometimes that requires paying more taxes now in
order to reduce how much tax is paid overall. A Tax
Forecast can help us decide what is best for us.
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