The New Holistic Retirement | Mid-American Wealth

THE NEW HOLISTIC RETIREMENT • 65 pt hoet ehni gt ihael ,s tw. Ehiet nh etrhwe iary o, iwt cna nt amx ebarna cakbeitgs t amxi bg hi l tl fbo er my heirs. • Fr eomr at ihni isn ga nI aRl Ay s iasc, c Io’ vu en t a bs saul amn ec ed aarl le tpaaxieds wo nh e mn yI ph oa sl ds atwh eamy a ti na gteh en i nteatxy- .d Ieff emr rye dh e iarcsc oc ounntti nguoei nt og ff oo rl lwo wa ri dn ,g tahnea lsyist iusa, t ai osn t hi se ea vdedni t i ownoarls ei n vt he satnm et hnet earnings would also be taxed. Here’s what my analysis showed for my $700,000 IRA: reinRvMesDtedAnRaMlyDssis). on Martin’s Qualified Accounts (with IRA Value: $700,000

Assumed Tax Liability: 25% Pre-Tax Growth Rate: 5% Receive RMDs from Age 72 to Age 90, Per IRS Rules

Total Taxes Paid on RMDs

$ 186,485

Taxes Paid on Growth of Reinvested RMDs

$ 62,640

Taxes Paid by Heirs on Remaining IRA Value at Death (Age 90)

$16 6,338

TOTAL TAXES PAID

$ 415,463

Example shown for illustrative purposes only and is not guaranteed. Actual results may vary. That’s a total of $415,000 on my $700,000 IRA!

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