Are you a working professional? If so, now is the perfect time to make smart moves to lower taxes in retirement.
Nearing retirement or already retired? Don’t worry, it’s not too late to win the game against the I.R.S.
Remember, it’s very possible to have a higher tax bill in retirement than as a working professional.
Where do these taxes come from?
- Required Minimum Distributions (RMDs)
- Social Security
- Real Estate Income
- Roth Conversions
- Interest and Dividends
- Capital Gains
Without the proper planning, you could be in for a rude awakening.
Check out this week’s podcast episode to learn how you can reduce your tax bill in retirement. I’m breaking it down for you in plain English:
- This podcast not enough? Read more about reducing taxes in retirement here. [Blog Post]
- Here is the exact amount your social security benefits increase if you delay until age 70.
- When should you take your RMDs?
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