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#025 Taxable, Tax-Deferred & Tax-Free: Knowing The Difference Will Save You Roughly $2.7M In Taxes
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The Rich Fulfilling Life Show
Episode 25
Description:
In this eye-opening episode of The Rich Fulfilling Life Show, Saad Nadeem and Usman Jamal delve into the crucial world of financial planning for internationally trained doctors. Join them as they explore two of the three essential financial buckets—taxable and tax-deferred—that play a pivotal role in crafting a tax-efficient retirement strategy. Discover how mastering the balance between these buckets can lead to significant savings, potentially reducing your tax bill by $2.7 million over your lifetime. Tune in to understand why thoughtful financial life planning is more important than ever and learn how to position your investments for maximum benefit. Don't miss this valuable insight that could transform your financial future!
Time Stamps
3:40: Bucket #1 The Taxable Bucket
8:30: How much to keep in your Taxable Bucket
12:40: Bucket #2 The Tax Deferred Bucket
18:40: The low down on RRSPs and why physicians should stay far away
24 episodes
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