You don’t have to work as hard as a millionaire to be able to retire like one.
You’ve been working way too hard your whole life, and you’re entitled to be able to enjoy a luxurious retirement…
There are plenty of ways to boost your retirement income without putting in the extra work, and it all boils down to 3 simple tricks that legally exploit the flaws in the retirement system…
In shouldn’t be news to you that the retirement system is flawed, but most people don’t understand how to exploit it without getting in trouble.
These 3 simple retirement tricks will exploit the flaws and allow you to retire like a millionaire.
Trick #1 – Back-door Roth IRA conversions
This flaw came about when Congress lifted income restrictions when converting from a traditional IRA to a Roth IRA. This little loophole has opened up million-dollar opportunities across the country.
This flaw is exploited by taking your traditional pre-tax IRA and converting it to a Roth IRA.
When you do this, you’re taxed much less than you would be by riding your traditional IRA to retirement or just using a Roth IRA alone.
Trick #2 – Stretching your IRA
This flaw is exposed when inheriting an IRA.
A Roth IRA that’s been converted from a traditional IRA are able to receive their inheritance in multiple distributions over their lifetime, which would provide tax-free payouts.
You see, Roth IRAs are tax-free because it’s assumed the taxes have already been paid on it.
Trick #3 – Getting aggressive with Social Security
This trick is probably my favorite. It’s exploited by using your spouse’s benefits to offset yours.
It’s fairly simple to understand.
For the first 5 years of your retirement, your spouse can claim social security for both of you.
They would get 100% social security, and you’d get 50%.
After these 5 years, you would claim full social security individually, which would boost your income and put more cash in your pocket.
At this point, your spouse will still be able to claim 100% social security so you’ll both have a decent income.
Using some or all 3 of these tricks will put you on the fast track to retirement, while shoveling mounds of cash into your account so you can retire like a millionaire.
Don’t let the government keep your money.
