avoidable tax mistakes in retirement

By: Jonathan Coughlin, Private Wealth Advisor with Munroe Morrow Wealth Management

Many retirees end up paying more than necessary in taxes because they don’t have a clear income and withdrawal strategy.

 

In this short video, Jon walks through three common and avoidable tax mistakes we see in retirement planning, including:

  • When and where to take money from different accounts

  • How mismanaging RMDs can lead to forced, unnecessary taxes

  • Why taxable income can unexpectedly impact Medicare premiums

 

A thoughtful strategy around income, taxes, and timing can make a meaningful difference in long-term retirement outcomes.

 

Are your retirement income and tax strategies working together as efficiently as they could be? Schedule a Conversation.

 

Munroe Morrow Wealth Management is a full-service wealth management firm located in Boston, MA. We work with retirees across the US to help them make confident financial decisions.

 

Disclosure: This material is for general information only and is not intended to provide specific advice or recommendations for any individual.