6 Ways To Get More Tax-Free Income In Retirement

I’ve never met anyone who loves paying more taxes on their retirement income. Building a retirement income you won’t outlive is hard enough without overpaying your taxes. Any strategy that helps you increase the amount of your tax-free retirement income will help minimize these two challenges.

As a tax planning-focused Certified Financial Plannerä, I love helping people stay on track to reach financial freedom. Financial security can help you live a happier, healthier, and wealthier retirement. The larger your retirement tax burden, the more income-producing assets (cash, investments, real estate, 401(k), Cash Balance Pension Plans, etc.) you will need to accumulate to maintain your standard of living as you age. It will also likely increase the investing risks you must take with the assets accumulated over your lifetime.