Jul 20, 2021
Drawing from the wrong retirement accounts first can spike your tax bill, wreck your legacy assets, and make your retirement less fulfilling.
And the opposite is true:
Drawing from the right accounts first lowers your tax bills, builds your legacy, and pays for exotic vacations with your family.
So how do you know which accounts you should draw from first?
In this episode, I’m revealing which accounts are the best to draw from first and ways to protect your retirement from Uncle Sam’s greedy fingers.
Show Highlights Include:
- How pulling money from the wrong retirement accounts skyrockets your tax bill (3:15)
- Why following conventional retirement wisdom can sabotage your retirement plans (6:21)
- How to maximize your earnings in the 12% tax bracket before it shoots up to 22% (11:45)
- The counterintuitive way making less in your retirement accounts makes your children rich (15:35)
To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-409-8150.