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2023 EP0605 | Ron Courser, CFP® | 9 Critical Risks In Retirement | Part 7 | Taxation
Manage episode 365324490 series 2911631
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Every dollar has a tax plan associated with it. Taxation is one of your largest known expenses in retirement. Deferred taxes during your working career and investment growth means more taxes in retirement on income withdrawals, as well as on inheritance. Deferred tax may also impact Social Security taxation and Medicare premiums. Tax rates and brackets could also potentially go up in the future. We have historically low tax rates today. Plan accordingly and proactively! Contact Ron Courser, CFP® to understand, plan, and control your taxes in retirement! Call (616) 301-2581, or visit the website at https://www.cornerstone-rp.com/.
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