Kiplinger

Don't Let Unexpected Taxes Diminish Your Retirement Dreams

Good financial advisers spend a fair amount of time harping on the value of solid tax planning -- even if their clients might not want to hear it.

No one likes to dwell on the idea that they'll be handing over a large percentage of their nest egg to Uncle Sam every year in retirement. Yet, without a plan, that's exactly what many people will do.

Often, that realization doesn't hit home until retirees turn 70½ and must begin taking required minimum distributions (RMDs) from their tax-deferred retirement accounts. Or it might become a concern when they're widowed and begin paying taxes as a single filer instead of a married couple filing jointly. But taxes

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