Retirement planning isn’t just about saving. We all need to consider tax planning. As April 18th quickly approaches this becomes very real.
Taxes and taxation of income is a key component of retirement strategy. I work with clients to lessen the impact of taxation on their retirement dollars. Believe it or not it can and does make a difference when you take various forms of income. Do you know when to pull dollars from what source of funds? Are you kicking the tax can down the road? Thereby, making a larger than necessary tax burden for you and your beneficiaries? Roth verse traditional? Leave your 401k with employer or move to private account? What is the truth?
Make sure you know the facts and not just the myths. Give me a call to discuss your specifics. Know that you know the best plan of action.