PT  - JOURNAL ARTICLE
AU  - William R Reichenstein
TI  - One Concept and Some of Its Applications
AID  - 10.3905/jwm.2008.11.3.082
DP  - 2008 Oct 31
TA  - The Journal of Wealth Management
PG  - 82--91
VI  - 11
IP  - 3
4099  - https://pm-research.com/content/11/3/82.short
4100  - https://pm-research.com/content/11/3/82.full
AB  - This article introduces one key concept from the author's most recent book and explores some of its applications. The concept is that a dollar in a tax-deferred account, such as a 401(k), should be viewed as (1 - tn ) dollar in a tax-exempt account, such as a Roth IRA, where tn is the expected tax rate in retirement. This concept has several implications for private wealth management. This article discusses some of these implications and their applications.TOPIC: Retirement