How to Create Your Retirement Tax Plan (Step by Step Guide)

Описание: 👉Get Your Free Retirement Assessment: https://gudorffinancial.com/get-started

Many retirees focus on saving for retirement but overlook how much taxes can quietly erode their income once they stop working. In this discussion, financial planner Danny Gudorf explains the most common tax challenges retirees face and how proactive planning can dramatically change the outcome. Using Joe and Marie as a case study, he demonstrates how a personalized tax strategy can reduce their overall tax burden while improving cash-flow flexibility throughout retirement. The strategies explored include Roth conversions, tax-loss harvesting, intentional asset location, and tax-efficient charitable giving. The key takeaway is that successful retirement tax planning requires a coordinated, long-term approach that helps retirees stay in control of their income and minimize taxes over their lifetime.

==========

Learn the tips & strategies to experience a limitless retirement

Download Our Retire Ready Toolkit: https://gudorffinancial.lpages.co/too...

Make sure to subscribe here to be notified for future videos!

⏱Timestamps:⏱

00:00 Introduction to Retirement Tax Planning
00:00 Common Tax Pitfalls for Retirees
00:46 Overview of Joe and Marie's Financial Situation
01:15 Essential Tax Strategies for Retirees
03:44 Analyzing Joe and Marie's Current Tax Plan
09:25 Step-by-Step Changes for Tax Optimization
17:17 Finalizing Joe and Marie's Tax Strategy

About Gudorf Financial Group: We're a Dayton, Ohio-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the retirement planning process.

Get started today → https://gudorffinancial.com/get-started

This channel is for informational and entertainment purposes only and not personal advice. It is not engaged in rendering legal, financial, or other professional services. Content may include topics related to tax planning and estate planning, but should not be considered tax or legal advice. Past performance is not indicative of future results. Always consult your CPA, attorney, or financial planner before making financial decisions.