Tax Efficient Ways to Withdraw Money in Early Retirement скачать в хорошем качестве

Tax Efficient Ways to Withdraw Money in Early Retirement

Episode #699 ~~~ Subscribe to our Weekly Newsletter: www.biggerpocketsmoney.com ~~~ Want to download the slides from today’s episode? - https://biggerpocketsmoney.com/resour... ~~~ Want to be a guest on the show? Apply here: https://biggerpocketsmoney.com/contact/ ~~~ Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarchmoney.com/ ~~~ Connect with Mark: [email protected] ~~~ Connect with Scott and Mindy: Scott:   / scott_trench   Mindy:   / _mindyatbp   ~~~ Follow BiggerPockets Money on Social: Facebook:   / bpmoney   Instagram:   / biggerpocketsmoney   ~~~ Many early retirees adhere to a sequential drawdown strategy where they deplete one account before moving to the next. However, this approach may be leaving significant money on the table. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench bring on Enrolled Agent, Mark, to introduce a more nuanced strategy to maximize tax efficiency. Mark provides a detailed presentation on blended and cyclical drawdown strategies. Mark explains how these methods can provide substantial tax savings by optimizing the order and types of accounts from which retirees draw income, all while considering factors like healthcare costs, asset protection, and estate planning. This is a must-watch for anyone planning for early retirement and looking to make the most of their savings by leveraging the current historically low tax rates. 00:00 Blended Drawdown for Early Retirement! 01:50 Alternatives to Sequential Drawdown 05:03 BEST Drawdown Strategies 19:27 Tax Treatment of Inherited Accounts 27:26 Advantages of Taxable Accounts 33:33 Social Security in Early Retirement 36:23 Exploring Long-Term Capital Gains and Non-Taxable Income 38:06 Comparing Ordinary Income and Capital Gains Tax Rates 59:24 Healthcare for Early Retirees 01:02:58 Connect with Mark!