TY - JOUR T1 - One Concept and Some of Its Applications JF - The Journal of Wealth Management SP - 82 LP - 91 DO - 10.3905/jwm.2008.11.3.082 VL - 11 IS - 3 AU - William R Reichenstein Y1 - 2008/10/31 UR - https://pm-research.com/content/11/3/82.abstract N2 - 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 ER -