Equipping Points:
Whether you are nearing retirement or wanting to buy a new car, taxes are often a big part of the conversation. Thinking through how and when to withdraw from your investments strategically can make all the difference in what taxes you pay afterwards.
Today we’ll answer a question that came in about which accounts were best to take withdrawals from and a couple others as well.
Here are the questions Eric answers from the mailbag in today’s show:
- How is it possible to not pay taxes in retirement? [spp-timestamp time=”0:46″]
- Which investment should I withdraw from to pay cash for a car? [spp-timestamp time=”3:51″]
- Will Social Security still be around in 10 years? [spp-timestamp time=”7:28″]
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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