Retirement Savings: Pay Lower Taxes Now

On this Election Day, I'm going to make a bold, political prediction: Twenty years from now, federal income taxes are going to be higher than they are today. It doesn't matter which party controls Congress or the White House in 2028. The pressure from budget deficits and retired baby boomers collecting Social Security and utilizing Medicare will be so great in the years ahead, it's quite likely taxes on ordinary income and capital gains will rise from current levels. That's why you might want...Full Story