IRA

Many people dream of retiring at the earliest possible date with the expectation that their investments will provide them with a steady income for the next few decades. But as soon as they put in their papers and go to collect their last paycheck, they might be surprised at how much of a chunk of their retirement income Uncle Sam takes out.  No matter how you invest your money, you can be sure that taxes will take away a considerable portion of your personal finances.  There are a few ways to mitigate these losses, depending on how you invest your money and how much liquidity you want on hand for retirement.