Paying Taxes Wisely: Smart Moves For Withdrawals
Here are two ways to possibly reduce taxes in retirement while extending the life of your nest egg by being smart about which accounts you tap first.
Retirement Planning Is Cash Flow Planning
Start your retirement planning, which is in fact cash flow planning.
How Much Will It Take to Retire?
In other words, how much do you need to retire comfortably? By now, you’ve likely heard the conventional wisdom: that you should aim to have a nest egg of $1 million to $1.5 million. Or that your savings should amount to 10 to 12 times your current income. For people approaching retirement, those figures might be a source…