CHAPTER SEVEN actuary. And actuaries love numbers. But don’t worry! I’ m not the dull and mechanical actuary of your joke books. I promise I will explain everything in a way even the math-shy saver can understand. And, by the end of t his chapt er, you’ll probabl y never think about “micro” taxes again. Analyzing Taxes Through a Macro Lens A macro analysis of taxes asks: What are the total potential taxes I may owe in retirement, based on my current savings approach ? Put anot her w ay, if I have saved in a tax- deferred account , like a 401(k) or IRA, what is the cost of that tax deferral? B A Macro Analysis By Martin H. Ruby, FSA ecky introduced the difference between a “micro” and a “macro” approach to taxes. Now, I’ m going to show you the potential difference in dollars and cents. After all, I’ m an
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