By Scott Sierens. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

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Ep 78: 5 Common Retirement Planning Questions About Taxes

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Manage episode 346016635 series 2891513
By Scott Sierens. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

As we approach the end of the year, saving money on taxes becomes a bigger focus for many people. Today we’re focusing on some of the most common retirement planning questions about taxes.

We’ll talk about mistakes to avoid and how a proper plan can make a significant difference in your tax savings. Check out today’s show to find out how our advice can help your financial future.

Here’s a little of what you’ll learn in this episode:

  • Are all of my retirement accounts taxed the same? (3:25)
  • Will my taxes be lower in retirement? (10:26)
  • Am I going to have as many deductions in retirement as I did while working? (15:47)
  • Is there a way to get tax-free income in retirement? (19:57)
  • Should I move to an (income) tax-free state? (24:13)
  • What tax item commonly surprises couples? (26:11)
  • Listener question: Do I have to worry about taxes on inherited accounts? (28:26)

Read more and get additional financial resources here: http://lifemoneyshow.com

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ

  continue reading

106 episodes

Share
 
Manage episode 346016635 series 2891513
By Scott Sierens. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

As we approach the end of the year, saving money on taxes becomes a bigger focus for many people. Today we’re focusing on some of the most common retirement planning questions about taxes.

We’ll talk about mistakes to avoid and how a proper plan can make a significant difference in your tax savings. Check out today’s show to find out how our advice can help your financial future.

Here’s a little of what you’ll learn in this episode:

  • Are all of my retirement accounts taxed the same? (3:25)
  • Will my taxes be lower in retirement? (10:26)
  • Am I going to have as many deductions in retirement as I did while working? (15:47)
  • Is there a way to get tax-free income in retirement? (19:57)
  • Should I move to an (income) tax-free state? (24:13)
  • What tax item commonly surprises couples? (26:11)
  • Listener question: Do I have to worry about taxes on inherited accounts? (28:26)

Read more and get additional financial resources here: http://lifemoneyshow.com

Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ

  continue reading

106 episodes

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