CHAPTER EIGHT Three Ways Your Taxes Could Rise Earlier in the book, I talked about legis lative ris k, which is the risk that Congress passes new laws impacting the taxes you ow e on your retirement accounts. Aft er all , if you a re deferring your taxes to the future in an IR A or 401(k), then you will b e taxed at whatever the future tax environment dictates when you access your funds in retirement. So, it’s cr itical to ask: Wher e do you think tax r ates ar e headed? Down? Up? Staying the same? M The Future of Taxes By Becky Ruby Swansburg arty’s analysis shows the cos t of thinki ng shor t ter m on retirement taxes. But, things could loo k worse th an Mar ty projected when he first created his models. That ’s beca use Mart y wa s evaluat ing what ha ppens if his taxes do n’t go down in retirement. One of his biggest risk s is actually what h appens i f taxe s go up .
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