CNM Ingenuity's New Mexico New Elder World is pleased to bring you a free retirement planning workshop. Explore taxes and how taxes work. Understanding your current and future tax situations will help you discover how your money will be taxed. Understanding this will help answer and clarify many of your financial planning questions. Tax planning is the first place you should start when you are doing any kind of financial, future and investment planning.
We will explore the following topics:
- The 3 money buckets
- How income is taxed. This includes, retirement accounts, social security, Pensions.
- Strategies for analyzing current and future tax rates and how to potentially lower your taxes and keep more of your money.
- Marginal tax rates
- Effective tax rates
- Capital gains
