Retirement In Focus, Episode 10: Controlling Taxes in Retirement

Taxes do not disappear when you retire and in many cases, the decisions you make about where your income comes from can have a major impact on what you ultimately keep. In Episode 10 of Retirement In Focus, Chris Mediate discusses why tax planning should be an ongoing part of a retirement strategy rather than something addressed only at tax-filing time. In this episode, we discuss: Why retirement income can come with different tax consequences How withdrawals from traditional retirement accounts may affect taxable income Why required minimum distributions can become an important planning consideration How Roth accounts can provide additional tax flexibility Why the order and timing of withdrawals can matter The importance of coordinating tax planning with your broader retirement income strategy The goal is not to avoid taxes altogether. It is to make more informed decisions about when, where, and how retirement income is created so taxes are considered as part of the overall plan. Retirement In Focus is presented by Mediate Financial and explores the financial decisions, risks, and strategies that can shape your retirement. Learn more at https://mediatefinancial.com/ All of our links: https://linktr.ee/mediatefinancial Not ready to schedule a free consultation just yet, but still wanting to take some action? We got you covered! You can claim our (FREE) Clear View Retirement Toolkit TODAY! Just visit mediateoffers.com or text "CLEAR" to 800-620-3878 IMPORTANT DISCLOSURE: Investment advisory services offered through Mediate Financial Investment Advisory Services, LLC, a State of Ohio registered investment advisor. This content is for informational purposes only and should not be construed as individualized investment, tax, or legal advice. Any guarantees associated with insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company.