Did you know that one of the largest expenses during retirement is taxes? Many people do not, so they aren’t planning for them, but there are ways to make sure you’re prepared. Anna Christine, a Partner with Golden Reserve, a Retirement Planning Firm, stopped by “Live In The D” to discuss a tax map for retirement.
“The tax map is created by our internal team of CPA‘s,” Christine said. She said the tax map is going to show you when and how to take money out of those IRA accounts, and those 401k accounts, so that your family pays the least amount in taxes. She said some retirees don’t realize a portion from those portfolios goes to Uncle Sam for taxes.
Christine said their company also prepares retirees and those planning to retire for future taxes and comes up with a multi-year plan.
To see the full interview, click the video above.
To learn more on how Golden Reserve can help you, call them at 313-888-8884 or click here