Personally, I believe the IRS tries really hard to take the fun out of being successful. They do that by creating obstacles to get in our way, really at any phase, whether we're growing our money or trying to maintain our money. But certainly, and I believe more critically, when it's time that we use our money.
And that's where my focus is. Because of that I believe individuals who are successful deserve the opportunity to get their money off the radar screen of the IRS.* This way when it's time to use their money, they are exempt from both federal and state income taxes regardless of their income level and regardless of the state in which they reside in.
And that's where my focus is. Because of that I believe individuals who are successful deserve the opportunity to get their money off the radar screen of the IRS.* This way when it's time to use their money, they are exempt from both federal and state income taxes regardless of their income level and regardless of the state in which they reside in.
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Accumulated money - this is the money and assets we save to use for the time in our lives when we stop trading our time for money. Some people refer to this as retirement. Lifestyle Money - this is the money we are not accumulating. It is our "live on" money. Lifestyle money is spent on the things we NEED and the things we WANT, (there is a big difference between the two).
I am a born-and-bred Minnesotan and I live next door to the house in which I grew up. My wife Valerie and I have been married for over 31 years; I love her more now than ever. Our three daughters, Rachel, Kelly and Megan are all married to wonderful men and I am blessed with three grandchildren. Growing up, I cut lawns, shoveled driveways, delivered newspapers and helped with chores at home.
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