CHAPTER FIVE
From Compromise to Realize
e’ve discussed how the conflicts in your IRA have forced you to compromise. Compromising in your IRA means you’ve had to give up something on both sides to address the conflict. So, you’ve given up some growth potential to gain more secu- rity: rather than having your funds earning at the market rate, you’ve had to keep some of your funds in more conservative, lower-yielding options. You’ve given up some income potential to gain more legacy, or vice versa: since you’re dealing with a zero-sum game, every dollar you use for income is one less you can leave as legacy. You’ve given up a lot of your account value to the IRS in taxes: you’ve compromised how much you’ll get by ensuring the govern- ment gets its required portion. I don’t know about you, but I wanted to do something more than compromise. I didn’t like the idea of giving up so much to get just some of what I wanted and needed. I wanted to realize the full potential of my retirement, not com- promise it. So where did I start? With one simple question. W
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