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How to Master a Big IRA in Retirement

If you’ve saved $1 million or more in your 401(k)s, IRAs, or other retirement plan, good for you! Maybe.

Most of what you’ve read for years has been all about investment products – “hot” funds, etc. Not too much has been written for people like you. They must decide when to pay taxes and how much to pay in a year, including IRA decisions.

The income distribution phase is more complicated, shaped by IRA decisions. I wrote about retirement tax planning between work and RMDs. You can see that one here.

Time for some homework? An ounce of prevention…. You know the rest.

IRA decisions second; homework first:

You’ll learn more about this and other important topics when you sign up for my newsletter. Sign up today and you’ll receive a copy of my special 10-page IRA Pitfalls Report on IRA decisions and taxable traps. I think you’ll find this one worthwhile. Naturally, you can unsubscribe from my monthly letter at any time.

Would you like some help? You can Get Started here!

Enjoy!

Jim

Jim Lorenzen

Jim Lorenzen is a CERTIFIED FINANCIAL PLANNER® professional and an ACCREDITED INVESTMENT FIDUCIARY® serving private clients’ wealth management needs since 1991. Jim is Founding Principal of The Independent Financial Group, a Registered Investment Advisor providing wealth management, retirement planning and investment advisory services. Jim's background includes founding, building, and selling five successful businesses and international consulting. He has been headline speaker at more than 500 national and international association and corporate conventions for clients such as Foster Grant, Hobie Cat, CapCities/ABC, H.R. Textron, Hearst Corporation, The National Management Association, the National Newspaper Association, and Cox Communications and has been featured on American Airlines' Sky Radio heard on more than 19,000 flights, as well as in The Wall Street Journal’s SmartMoney magazine, The Profit Sharing Council of America’s Insights; also published in the Journal of Compensation and Benefits, NASDAQ, and in scores of national and international association trade publications.

See Full Bio

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Jim Lorenzen is a CERTIFIED FINANCIAL PLANNER^® professional and An Accredited Investment Fiduciary^®in his 21st year of private practice as Founding Principal of The Independent Financial Group, a fee-based registered investment advisor. He is also licensed for insurance as an independent agent under California license 0C00742. IFG helps specializes in crafting wealth design strategies around life goals by using a proven planning process coupled with a cost-conscious objective and non-conflicted risk management philosophy.

Opinions expressed are those of the author. The Independent Financial Group does not provide legal or tax advice and nothing contained herein should be construed as securities or investment advice, nor an opinion regarding the appropriateness of any investment to the individual reader. The general information provided should not be acted upon without obtaining specific legal, tax, and investment advice from an appropriate licensed professional.

How to Master a Big IRA in Retirement

IRA decisions second; homework first:

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