In this episode of the Redefine Retirement podcast, host Ryan Wheless and tax expert David Brooks deliver a masterclass on why taxes will likely eclipse healthcare as retirees’ largest lifetime expense, with the average American couple facing $1.1 million in income tax alone. Drawing from Brooks’ painful $100K IRS bill in the 1990s and his 22-year obsession with the tax code, they dismantle myths around “permanent” low rates, warning that Wharton, Stanford, and CBO models predict a 40% tax hike by 2030 amid $37 trillion in national debt. They expose RMDs as a “tax time bomb”—pushing widows into higher brackets, triggering up to eight layered taxes (IRMAA penalties, state taxes, Social Security taxation), and forcing heirs to liquidate inherited IRAs in peak earning years. The antidote? Aggressive Roth conversions now—paying today’s historically low rates to secure tax-free growth and withdrawals, eliminate RMDs, and shield spouses/heirs—while leveraging annuity bonuses, tax-loss harvesting, donor-advised funds, and alternative investments to slash conversion costs. Brooks and Wheless stress proactive, independent fiduciary planning over big-box inertia, urging listeners to act before legislative risk, means-testing, and rising long-bond yields erode retirement security.Subscribe to our YouTube Channel: ⁠⁠https://www.youtube.com/@alliedwealthFollow Allied Wealth on Instagram: https://www.instagram.com/allied_wealth/?hl=enVisit the Allied Wealth website to learn more: https://alliedwealth.com/PRODUCED BY IRONCLAD

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