Tax Planning for Retirement Income

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on whatsapp
Share on pinterest
Share on email
Tax Planning doesn't stop at retirement. In fact, tax planning is important for optimizing retirement income - and it changes during all four stages of retirement.

Retirement often contains surprises. All you have to do is turn on the news to see what’s happening today; and here’s more bad news: the only change will be more change. It’s been going on since our first truly contested election back in 1800 when Thomas Jefferson had to fend-off Aaron Burr to see who would face John Adams in his bid for re-election. Anyone who thinks politics is divisive today should see what it was like then – or sixty years later when states were leaving the union. But, I digress.

There are generally four stages to retirement:

> Pre-retirement – working and saving

> Early retirement – “Go-go” years

> Mid-retirement – Go-slow years

> Late retirement – No-go years

And, the surprises will continue through all the stages. How to address it all? Well, there are four basic keys, which you can have by clicking here.

For those interested in learning more about tax planning in retirement, attend my free webinar! I think you’ll find it helpful. You can learn more here.

Enjoy!

Jim

————————————

Interested in becoming an IFG client?  Why play phone tag?  Schedule your 15-minute introductory phone call!

Jim Lorenzen, CFP®, AIF®

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 with clients located in New York, Florida, and California. 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.

Jim's picture
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 with clients located in New York, Florida, and California. He is also licensed for insurance as an independent agent under California license 0C00742.

Schedule Your
20-Minute “Right Fit” Introductory Call Now!

Recent Posts

Archives

Schedule Your 20-Minute
“Right Fit” Introductory Call Now!