Taxes don’t go away in retirement — in many cases, they become more complex. How and when you draw income, which accounts you use, and how your plan is structured can have a significant impact on how much you keep over time.
This category focuses on tax strategy in retirement, helping you understand the rules, avoid common mistakes, and make more informed decisions so your plan is as efficient as possible over the long term.
If you are trying to minimize taxes in retirement before you have figured out your income strategy, you are essentially putting the cart before the… Read More »Why Income Decisions Must Come Before Tax Planning
Many retirees accidentally pay far more in taxes than necessary. In some cases, we’re talking hundreds of thousands of dollars over retirement. That may sound… Read More »Why Some Retirees Save Hundreds of Thousands in Taxes—And Others Don’t
The years between age 59½ and 73 represent a unique opportunity that many retirees overlook. During this window, you often have more control over your… Read More »The Golden Window For Retirement Tax Planning
Most retirees have their money scattered across various accounts without a clear understanding of why each one exists or how they interact. This lack of… Read More »The Three Tax Buckets Of Retirement
Tax-deferred growth is one of the most powerful tools in retirement, but without intentionality, it can quietly work against you. While the benefit of growing… Read More »The Hidden Complexity Of Tax-Deferred Growth
Roth conversions are often discussed as a way to potentially save tens or even hundreds of thousands of dollars in taxes over a lifetime. However,… Read More »The Strategic Window For Roth Conversions
The RMD tax trap can sneak up during retirement and cause excessive tax bills for many retirees. In addition, your RMD tax liability can increase… Read More »The RMD Tax Trap
I’m happy to announce that I’ve recently added new cutting-edge tax report software. This technology allows me to analyze your tax return in a powerful new way.
If you don’t know your current tax bracket and the basics of how tax brackets work, you could make major tax mistakes during retirement. Tax… Read More »Knowing Your Retirement Tax Bracket
Many investors and retirees can be surprised and shocked by taxes in retirement. One of the foundational pieces for minimizing taxes during retirement is knowing… Read More »The 3 Ways Retirement Assets are Taxed