Your Guide:

Retirement planning is more than just saving money; it’s about making your savings last as long as you do. Today Scott is going to share five crucial tax strategies that can significantly impact your financial future. This conversation draws from a recent Kiplinger article Scott wrote and we’ll explore these tax strategies a little deeper today. These strategies are not just about moving numbers around; they can make a real difference in your financial security. You’ve worked hard to earn and save so let’s find ways to make that money last as long as you need it to in retirement, and proper tax planning can help achieve that. Here’s what we cover in this episode: 0:00 – Intro 1:19 – Why tax planning is critical to today’s retirement plan. 3:13 – Roth conversions 5:38 – Harvesting capital gains 7:15 – Tax diversification 9:41 – Required minimum distributions 12:39 – Health savings accounts Watch the show on YouTube: https://bit.ly/3RiT7Ky