When you’re planning for retirement, it’s fun to contemplate all the travel and rounds of golf ahead of you, but don’t forget about taxes.
When you’re planning for retirement, it’s fun to contemplate all the travel, rounds of golf and restaurant meals you have ahead of you. You’ve earned it! You may also want to financially help your children and grandchildren. However, many retirees don’t take into consideration the cumulative impact of federal and state income taxes on withdrawals from their nest eggs.
