3 Ways to Reduce Taxes on Retirement Plan Income

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Recently Money Magazine quoted a survey of 1,000 people and retirement worries. Over 70% of people worry about taxes eating up retirement savings. Here are three ways to reduce taxes in a retirement plan.

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🔑 KEY TOPICS
0:00 - Intro
0:35 - Background Info
3:33 - Double up Your Diversification
5:03 - Examine Your 1040
6:52 - Harvest Tax Gains
9:49 - Conclusion
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We're a Frisco, Texas-based independent financial advisory firm serving individuals in several states nationwide. We're here to listen to your needs and guide you through the financial planning process.
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Big David McKnight fan. Love your videos.

flowdaddybrad
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I am enjoying the video but I would challenge your assertion that "the only way" to pay for govt spending/debt is to raise taxes. It can also be printed/inflated away, and unlike raising taxes, the printer is not political suicide. Its possible to do both but retirees are an active, enthusiastic voting block. I think pols will be very careful not to piss them off. IMO. (ps and the natural outcome of printing is debasement, which leads to a search for hard assets and real growth, which leads inevitably to bitcoin, which weakens the dollar, and round and round we go ..the dollar in a death spiral, btc ever higher until full adoption, and gold - real estate flat, profitable stocks growing moderately. Take my uneducated opinion for what its worth. )

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