In this episode of the WealthFluent series, David Kon and Stanley Kon, PhD, discuss the common misconception that individuals will be in a lower tax bracket during retirement. They explore the historical context of this belief, the factors that can lead to higher tax brackets in retirement, and the importance of understanding tax implications throughout one’s lifetime. The conversation emphasizes strategies for minimizing taxes, including the use of tax-deferred accounts and tax-loss harvesting, and provides practical tips for managing taxes effectively in retirement.
The WealthFluent Series: You’ll Be in a Lower Tax Bracket in Retirement.
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