Listen "Episode 25: You Have $1.8 Million — How Much in Taxes Will You Pay in Retirement?"
Episode Synopsis
In this episode of Retire Stronger, hosts John Foard and Bill Kearney discuss the critical question of how much of retirement savings is truly yours after accounting for taxes. They explore a case study of a hypothetical retiree, Susan, who has saved $1.8 million, and analyze the tax implications of her retirement accounts. The conversation emphasizes the importance of strategic planning, including Roth conversions and tax-efficient withdrawal strategies, to minimize tax liabilities and maximize retirement income. The hosts encourage listeners to take proactive steps in their financial planning to ensure a secure retirement.
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