Explain minimize income tax

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John strategies to sell his company for $2,000,000 and wants to retire within one year. What type of investments should he make if he wants to meet the below objectives?
1. Offer $90,000 of withdrawals from the investment account each year.
2. Minimize income tax.
3. Comprise at least three types of investments.
4. Deliver for active management of the portfolio with an annual fee of 1% - 1 ½% of value in the investment portfolio.
5. Deliver an annual growth after all withdrawals and fees of 4% - 5%.

Reference no: EM13111145

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