How to Retire: Prioritize Tax Planning in Retirement

2024/10/23

Investing Insights

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Christine Benz, Morningstar’s director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,’ the companion podcast to her book of the same name. In this episode, Christine talks with financial planning expert Jeff Levine about the importance of tax planning in retirement.Why Tax Planning is Key When Withdrawing from Your Retirement Portfolio

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Key Takeaways

Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire). Each episode will provide a bite-sized lesson about how to do some aspect of your retirement well.

Today's episode will focus on the tricky topic of tax planning during retirement. To tackle this topic, I reached out to Jeff Levine, who is Lead Financial Planning Nerd at Kitces.com, and also serves as Chief Planning Officer at Buckingham Wealth Partners. Jeff is exceptionally good at explaining complex tax matters, so I knew that he would do a great job of delving into this topic.More from Jeff Levine

Bio)

Kitces.com)

Buckingham Wealth Partners)

Jeff Levine on The Long View: Smart Tax Moves for 2023 and Beyond)

Read more from Christine Benz.

How to Retire: Tips for Entering Retirement)

The Big Retirement Myth)

Can You Control Required Minimum Distributions?)

8 Little-Known Facts About RMDs)

An Investing Road Map for Retirees)

**Read about topics from this episode. **

4 RMD Mistakes to Avoid)