Live Gay, Retire Rich: Retire Secure for Same-Sex Couples

By: James Lange

Published November 1st 2015 by Retire Secure Press

Category: Business

Pages: 250 pages

ISBN: 9780990358855

Description:
Live Gay, Retire Rich includes the holding of the Supreme Court case Obergefell v. Hodges and its implications for LGBT couples planning for their future, as well as retirement.

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There were two gay couples with identical financial resources. They each had the same amount of money, identical investments, identical taxes, and identical earnings history for social security purposes.

The first couple didn't do any planning. The second gay couple followed the advice offered in Live Gay, Retire Rich! . Doing reasonable projections, the first couple runs out of money in 28 years while the second couple has $1.4 million dollars and their portfolio continues to increase.

What was the difference? The first couple never got married, started receiving Social Security benefits at 62, didn't make any Roth IRA conversions, and didn't use key IRA and retirement plan estate planning strategies recommended in Live Gay, Retire Rich!.

The second gay couple did get married, used our recommended apply and suspend technique for Social Security, did a series of Roth IRA conversions, and used the key IRA and retirement plan estate planning strategies we recommend.