Tax Filing vs. Tax Planning: The Difference That Costs Retirees Thousands

Описание: Every April, retirees ask their accountant: "How can I pay less taxes?"

The answer is always the same: "It's too late."

Tax filing is reporting what happened. Tax planning is deciding what will happen. One saves you hundreds. One saves you tens of thousands.

In this video, we break down:
→ Why your CPA might be a historian, not a strategist
→ The timing problem: April vs. October
→ Real math: How one Roth conversion saves $9,600
→ Three retirees: filer vs. occasional planner vs. strategic planner
→ The $120K lifetime difference
→ How to find a planner, not just a preparer

No opinions. Just the math.

⏱️ Timestamps:
0:00 - The April problem
1:12 - Historian vs Strategist
2:07 - The Long Game Math
3:48 - Three scenarios compared
5:08 - The practical approach


📚 Resources:
IRS 2025 Tax Brackets: https://www.irs.gov/newsroom/irs-rele...
Find a CFP: https://www.letsmakeaplan.org/
Roth Conversion Info: https://www.irs.gov/retirement-plans/...

This is video 15 of our Retirement Reality series — foundational knowledge for Americans planning retirement. (15/20)

#TaxPlanning #TaxFiling #RetirementTaxes #RothConversion #FinancialPlanning #MoneyMechanics