Listen " What Order Should I Pull Funds in Retirement? | The Limitless Retirement Podcast"
Episode Synopsis
👉Get Your Free Retirement Assessment: https://gudorffinancial.com/get-startedMany retirees unknowingly set themselves up for higher taxes by following outdated withdrawal advice. Danny Gudorf explains why focusing on tax brackets—not account order—is the smarter path. His three-bucket strategy, combined with careful management of RMDs and Social Security, offers a practical way to minimize taxes and maximize retirement income.Key TakeawaysThe order of withdrawals in retirement affects lifetime taxes.Filling tax brackets strategically can save significant money.Roth IRAs should be preserved for as long as possible.Required minimum distributions can push retirees into higher tax brackets.Social Security benefits can be taxed based on other income.Understanding tax brackets gives retirees control over their taxes.Tax bracket arbitrage can optimize tax situations.It's essential to manage overall income levels in retirement.Working with a financial planner can enhance tax efficiency.Long-term tax optimization is key to retirement planning. Resources:Gudorf Financial GroupGet Your Free Retirement AssessmentThe Retire Ready Toolkit (free resource)Subscribe on Youtube
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