How to Setup 100% Income Tax Free Retirement Plan
Dr. Ken G.
Unstoppable Geek | Certified Professional Coach | Crypto Investor | E-Commerce | Passive Income Specialist | Shaman
When you look at your 401k money you have saved, The federal government gets 25% or more of your retirement money in taxes when you touch it when you retire. Depending on the current political climate, that number can increase or decrease.? In reality, You only own 75% or less of your retirement money. I don’t know about you. This really gets my underwear in a bundle. I worked my whole life to save this money. Uncle sugar (IRS) gets 25% or more of it.?
How can you fix this?
The solution is something called the FEIE income tax exclusion law that allows US citizens that live outside the United States for 310 or more to claim up to the FEIE rate which is 120k in 2023 income tax free. You and your spouse can qualify for this. You can make 120k a year income tax free. Your wife could make 120k a year income tax free. You can learn more about the FEIE on the IRS website here https://www.irs.gov/individuals/international-taxpayers/foreign-earned-income-exclusion.?
I’ll let you sit with this idea for a couple minutes. :)
If you setup a business in an offshore jurisdiction like Dubai in a freezone (no corporate taxes) that will generate a 30% profit every month and pay you and your spouse the FEIE amount every month, you can have an income tax free lifestyle where you own 100% of your money. Uncle Sugar can’t touch it ?? You can work with your accountant to leverage the business income to have your offshore company legally pay more of your expenses so you can enjoy your money more :) I am not an accountant. I can make any suggestions here.?
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Going to pause here for a couple of minutes ??
The last thing anyone wants to do is to have to start trying to build a business from scratch. It takes a lot of time and effort to get everything set up so that it generates revenue for you. The perfect storm in business is where you make an investment into the business, it pays you a return on your investment within 90 days and you don’t have to do any work to make the money. Someone else does all the work.?
The perfect storm is an e-commerce business that leverages multiple marketplaces to sell products that you buy at wholesale prices and sell them on the marketplace at a 30% or higher profit margin. You hire a team to take care of managing the store, listing products, SEO ranking products, shipping, and receiving refunds. You get paid every month on autopilot. You go to a weekly status meeting to get updates on how the stores are performing. You go back to playing golf or doing what you enjoy doing. All the mystery and struggle to set the business up is taken care of for you. Within 90 days, you have a profitable business that pays you without you having to do any work. In 26 months, it will pay you 3.2M a month if you don’t take any profit out of the store.
My team will take care of the setup of the offshore corporate tax-free zone company in Dubai, Help you set up a bank account in Dubai, set up the Ecommerce Market Places, and manage the entire e-commerce business for you. You’ll get paid 30% profit every month until Amazon Ebay, or Walmart goes out of business :) You need to pick out what country you want to retire in :) You have to live outside the United States for 310 days a year to qualify.
DM me here on Linkedin if you want to learn more about having 100% income tax-free retirement living. You worked hard all your life. You deserve to enjoy it. walmart been in business
Ken Germann
The Architect of Abundance