Age 60 with $2,000,000 – How do we reduce our taxes in retirement? (5 Ways Explained!) скачать в хорошем качестве

Age 60 with $2,000,000 – How do we reduce our taxes in retirement? (5 Ways Explained!)

So you’re 60 years old and have been able to save $2 million for retirement, but you’re wondering how much of that money you’ll be able to keep after taxes. People ask us all the time how they can reduce the amount they’ll have to pay to the IRS over their lifetime. In this episode, we’ll take you through a sample case with a hypothetical couple in a similar position and show five ways in which they could potentially reduce taxes in retirement. This will allow them to keep more of their hard-earned money in their pockets, which will give them more flexibility in retirement. Here’s some of what we discuss in this episode: 0:00 - Intro 0:42 – Sample case details 5:40 – Tax projections 13:20 – Strategy #1 – Contribute to a Roth 14:38 – Strategy #2 – Roth Conversions 18:08 – Strategy #3 – Asset Location 20:51 – Strategy #4 – Delay Social Security 22:23 – Strategy #5 – Donor Advised Fund #taxplanning #retirementplanning Begin the 'Max My Retirement' Gameplan here: https://sierensfinancialgroup.com/wor... Want to learn more about financial and retirement planning? ➟ https://bit.ly/3tcS3vn _____________________________ CONNECT 🤝 Facebook:   / sierensfinancial   LinkedIn:   / scott-sierens-sfg   Podcast: https://lifemoneyshow.com/podcast/ _____________________________ CONTACT ☎ Website: https://lifemoneyshow.com/ Phone: (847) 235-6989 Email: [email protected] Appointment: https://calendly.com/sierensfg/intro-...