In What Order Should You Tap Your Retirement Funds?
You work hard for decades and save diligently for retirement, but unfortunately, you can’t retire from paying taxes.
An important part of enjoying a fruitful retirement is understanding how taxes apply to different types of income and planning accordingly. Having sizable amounts of money in various accounts is wonderful, but taxes can eat away at them quickly if you don’t have a sound tax strategy heading into retirement.
And sadly, found that 42% of current retirees reported they did not consider how taxes would impact their retirement income.
