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The only proper way to get a solid answer is to meet with a qualified advisor and run the numbers.
If you're your unsure what that level should be, consult with a qualified advisor who can help you make that determination.
If someone is holding him or herself out to you as a qualified advisor or retirement planning expert, make sure that he or she has the proper training and education.
Make sure you choose a qualified advisor.
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Working with a transparent, compassionate and qualified advisor is an essential way to take care of your financial health and create the life you desire.
For more information, see IRS Publication 970 or consult a qualified tax advisor.
Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor.
The service has been particularly important since the recession: "People find it invaluable to be able to talk to a qualified, trusted advisor, at no charge to them.
Upon signing a potential draftee we encouraged them to pick a qualified financial advisor with a proven track record.
But then again, if you have a field audit or one that is at an IRS office, it's recommended to get a qualified tax advisor, such as a tax attorney, CPA or Enrolled Agent.
Of course, if you need help, seek out a qualified financial advisor.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com